June 18th, 2019 | Updated on June 29th, 2022
It is very difficult for working professionals to keep a track of the money they spent. They tend to rely on external sources for help but unfortunately, that is of little help. Personal finance needs your own insights and if you are unable to do that, then things just go haywire.
However, we can always rely on our smartphone for a solution to this problem. There are many apps which deal with this headache and we have compiled a list of the best Budgeting and Personal Finance Apps that are available.
With these apps, you can do your budgeting as soon as you see that you have gone overboard with the money spent.
Also, you can see where the concerns of budget lie and find out ways to rectify the same. Your tax and how to file the returns is something that is addressed well using these helpful apps.
1. Robinhood
Invest in stocks, ETFs, options, and cryptocurrencies, all commission-free, right from your phone or desktop.
No Fees. No Commissions. No Problems.
We use technology to cut the fat that makes other financial institutions costly. Then we pass the savings on to you in the form of no-commission trading. Invest your money in the markets, trade stocks, shares, options, and cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) without any commission fees. Plus, get instant deposits up to $1,000 or more with Robinhood Gold.
Download on iTunes | Download on Google Play
Review: iTunes
I am a military member whose been trying to grind ahead for some time. I have had this app for over one year convincing my friends to utilize it. At first it had great interface and support. Whenever a glitchy interface issue happened it wasn’t a big deal. I am a bit aggressive with my investments and utilize margin. They have always been transparent with regards to when a calls happening and when funds are due. Recently, the app gave me conflicting messages. I lodged two complaints / trouble tickets as that’s the only means of communication besides a number that only plays a recording to lodge complaints online.
Long story short, I was told to cover but when I went to cover and see what was needed and estimated as a safe amount, it said I was fine. Today they sold my positions at a huge loss. I was prepared to cover but they’d rather not answer customer service. I will be seeking recoupment legally as this is not a sound business model. Every brokerage is responsive within an hour or so or at the very least will tell you in a single location what amount of funds are needed and when. This is straight up bad business and a poorly run app. Unless customer service fixes this problem I will keep this review in place and encourage all my friends to place similar reviews. I will also be reaching out to the media as I have app screenshots showing it displaying this conflicting information.
2. Mint
Finally, there’s one place to manage all your finances with ease. Mint is the free money manager and financial tracker app from the makers of TurboTax® that does it all. We bring together your bank accounts, credit cards, bills and investments so you know where you stand. See what you’re spending, where you can save money, and track your bills in Mint like never before. You can even keep track of your credit score to help you be smart about it, no credit card required.
Review: PCMag
Mint is an excellent personal finance service that has won multiple Editors’ Choice awards thanks to its simplicity, usability, and smart blend of financial tools. It lets you set up connections to all of your online finance accounts, check your credit score, and get a good estimate of your net worth. Mint is easy to access on your smartphone or even your Apple Watch. Even better, Mint is free, which is possible because the service frequently displays ads for credit cards and other finance products.
3. Venmo
Venmo is the simple, fun money app for sending cash quickly between friends and shopping at your favorite online stores. Apply for the Venmo card, and you could be on your way to shopping everywhere Mastercard® is accepted in the U.S. Share your new buys, split purchases with Venmo friends to avoid awkward IOUs, and catch up on what your friends are doing on the feed.
Download on iTunes | Download on Google Play
Review: PCMag
Venmo works on iOS, Android, and the web. I’ve been using it on an iPhone X running iOS 11.2 with no difficulties. After creating an account, you flesh out your profile by entering debit card or bank account details to authenticate yourself. Then connect with friends already on the platform, usually via Facebook. Entering more information raises the amount of money you can send or receive at once, from a $300 weekly cap to $3,000. This cap is lower than Google Wallet’s $10,000 weekly limit, but more generous than Square Cash’s $250 initial weekly limit. In all, Venmo is one of the easier payment apps to set up, though Facebook Payments is every bit as easy, and doesn’t even require installing an app if you’ve already got Messenger.
4. Goodbudget Budget Planner
Goodbudget is a personal finance app for budget planning and money management. Share a budget with sync across multiple phones (and the web!).
Goodbudget is perfect for sharing a budget with a spouse, family member, or friend. Sync across multiple devices including iPhones, other smartphones, and the web.
- Transactions synced with the cloud and accessible from other devices, including Goodbudget’s web app!
- Stay on the same page about finances with those close to you
- Your data is automatically and securely backed up to Goodbudget’s website
- Download transactions to CSV (on website)
Review: PCWorld
Like You Need a Budget and Every Dollar, Goodbudget uses the envelope system to help you get a grip on your spending. It doesn’t espouse as strong a philosophy as either of those two popular apps, but it does provide an easy-to-follow path to household solvency.
Note: This review is part of our budgeting apps roundup. Go there for details about competing products and how we tested them.
Goodbudget’s browser-based interface is pretty straightforward. A pair of tabs on the left sidebar house your envelopes, and your bank accounts and transactions are listed in the main pane. A navigation toolbar spans the top of the screen.
5. Simple – Better Banking
Earn 2.02% APY on your entire balance in your Protected Goals Account. Bank, budget, and earn 30×1 the national average.
Simple Goals
Use Goals to stash away money: Save for the unexpected or automate saving for things you want. From a trip to Italy to a new bike.
Simple Expenses
Set it & forget: Set up your Expenses one time and going forward, we’ll do the boring work of recreating the Expense for you. That way, when you pay your rent bill, your Expense is already saving up for next month’s bill. Yep, it’s our job now. (You can even split Expenses with a partner when using a Shared Account).
Download on iTunes | Download on Google Play
Review: iTunes
I’ve had simple for almost 2 yrs now and loved it. The alerts when you spend, photo deposits, and the app were all great…until I moved. I relocated and was staying in a corporate paid hotel for about a week and called to alert simple of an unauthorized hold for literally $1. They immediately cut off my card without even contacting me back.
6. Tycoon
Be a business tycoon and become a millionaire virtually playing Office Tycoon. Start your small business with a small capital. Increase your office value with new workstation, appoint employee and get profit. Decorate your office with various items, customize floor and wall. Expand your business with new rooms. You can rotate each items in 4 views. Not only office but also design your garden with trees, flowers. Simple and easy to play office management game with both interior and exterior decorator.
Review: Investopedia
Tycoon was founded by supermodel Jess Perez, whose portfolio includes posing for Victoria’s Secret and Sports Illustrated’s swimsuit edition. Perez noticed that models, like many freelancers, were often paid very late for their work – sometimes months or even years after the contractually required payment period. And it’s hard for freelancers to keep track of multiple projects, especially since they’re usually in the middle of one when another comes in.
7. Monefy
How to track your expenses successfully? We know that it’s easy. You only need to add each expense you do… no more than that! And Monefy is going to help you. Just add new records when you are buying a coffee or taking a taxi. It’s done in one click, because you don’t need to fill anything except the amount. It has never been so quick and enjoyable!
Do you own a phone and a tablet? Or you want to track expenses with your significant other? Monefy fits the best. You can safely synchronize data between all your devices. Create or change records, add new categories or delete old ones and they will be present on other devices right away!
Download on iTunes | Download on Google Play
Review: iTunes
Needed something more digital to write down all my monthly expenses and this is it. Wish you could do months ahead but hopefully, that’ll come in the app upgrading. Check this app out!!
8. Personal Capital
Personal Capital is the smart way to track and manage your financial life. We combine award-winning financial tools that provide unprecedented transparency into your finances with personal attention from registered financial planners. And as fiduciaries, our advisors are legally bound to act in your best interest so we will never put our personal financial gain above yours. The result is a complete transformation in the way you understand, manage and grow your net worth.
Download on iTunes | Download on Google Play
Review: money under 30
Personal Capital is a hybrid digital wealth management company. They offer a free online and mobile personal finance and investment management app. I first found Personal Capital when we went looking for alternatives to Mint, the most widely-known personal finance and budgeting app.
9. Mvelopes
Start today by downloading the Mvelopes budget app and use it for free for 30 days, add your financial institutions and come up with a budget that will keep you on the path to financial freedom. You will get all your transactions sent to your Mvelopes account and you will easily be able to track all your account balances in one easy to use app. Mvelopes uses an envelope budgeting method to help you plan and track your household or personal budget. You can assign and manage your budget, as well as receive feedback on where you have spent your money and how much you have remaining
Download on iTunes | Download on Google Play
Review: TopTenReviews
Mvelopes is a personal finance software that modernizes the physical budgeting strategy of putting real money in paper envelopes. You can connect Mvelopes directly to your financial institutions, including bank and credit card accounts, for a continually updated look at all of your financial transactions. There are three plans available: Mvelopes, Mvelopes Premier and Mvelopes Coaching. The basic plan is free, and you have to sign up for it before you can see the pricing for the Premier plan, which is awkward compared to the clearly posted pricing found on most personal finance software websites.
10. Wally
Wally Lite is the simplest and fastest way to track your expenses, income, set a savings target and scan receipts. Wally guarantees to get you started easily and keep you going all the way.
- Balance your income and expenses.
- Understand where your money goes.
- Easily track a daily budget
- Scan receipts
- Super simple, fun and fast
Review: iTunes
Very easy to use and it tracks everything that is important to me, place, date, amounts, and categories, subcategories. Independent groups of family, self, etc. can also be added.
I recommend spending some time reviewing the pre-set chart formatting so you can create/delete/manipulate the subcategories in the most useful way for your purposes. Wally has the nicest interactive charts.
