A Good Budgeting App Can Be Your Best-friend If Chosen Wisely- Here Is A list To Help You Decide
Managing finances is something that we all struggle with. There was a time in my life when I carried a notebook around and I updated it on a daily base. It included things like what I spent that particular day, what my income was, what my investment was etc. This was something I learnt from my grandfather but I guess it was time to put the manual work to rest as the digital world took over. I resorted to digital apps and life got pretty easy. Trust me when I say this, a good budgeting app can be your best friend if you use it wisely. I made a list of what are some of the best budgeting apps out in the market that can help you manage your finances in a faster and effective manner.
Budgeting app: Wallet-Money, Budget, Finance Tracker, Bank Sync
This budgeting app by BudgetBakers is absolutely amazing and it has received a lot of positive reviews from users all over the world. What this app does is simple yet very effective. It syncs your balance and transactions to whatever bank you use. It also comes with an account sharing option that allows you to share account details with people. It offers different currencies, cloud syncing, templates, shopping lists etc. It allows complete planning and management. With the help of this app you can track your purchases, categorize the payments, set spending limits etc. This app is very special as it is global, supports multiple currencies, syncs over 4000 banks, it is flexible, extremely personalized and easy to use. It has great features and a very interactive and friendly interface. Best bit is that you can use it for free!
Budgeting app: Money manager expense & Budget
This app is all about budgets and how to effectively budget your money. I love the fact that this app doesn’t just give you numbers about where your money went; it gives you a more visual experience which keeps things interesting. It provides double entry bookkeeping accounting system, Budget and expense management function, Credit / Debit Card management function, Passcode, Transfer, direct debit and recurrence function, Instant statistics and even a Bookmark function. If you want your data in the form of a spreadsheet, the app outputs data in that format as well. If you ever plan on switching your device, you don’t have to worry about losing your data. The app allows you to backup the data and restore it later. The app is free and if you like the app you can get the pro version for a price.
Budgeting app: Monefy
This app is known for its simplicity and extremely user friendly nature. It is fast and efficient and hence allows adding the manual entries easily. It is without the annoying advertisements that come in most apps. Its built-in calculator, multiple currency options, passcode protection, Dropbox syncing option, widgets etc make it a very valuable app. It even allows CSV export of data. If you like the free version you can get the pro version as well. The interface is simple and for beginners in budget management, this app is wonderful.
Budgeting app: Spendee – budgeting app, expense tracker & planner
This app is one of my favorites. Why? Well because I simply love how attractive and intuitive it is. It has great features and comes with a lot of options. It allows you to connect the app with online banking, share wallets with your family and friends, and keep track of your expenses. It also has the option to view your finances in the form of graphs and overviews. The app is extremely secure so you don’t ever have to worry about your data falling into the wrong hands. The app supports many currencies so you can use it anywhere around the world. The app also gives you the option of planning your transactions with different budgets.
Budgeting app – Mint: Budget, Bills, Finance
This is an app by intuit and it offers a lot features. This app is designed to provide with a complete image of your financial life. It helps you manage your bills, expenses, money and even allows you to pay your bills. You will know exactly what is due and when it is due so that you are never late in your payments. It will provide you with a credit score, constant reminders of upcoming bills, multi-factor authentication that ensures your security and even a web app for your ease. Currently Mint is connected to only US and Canadian financial institutions.
Know of any other apps that you think should be in the list? Let us know.