Transamerica Unit No. 1A, Third Floor, Building No.3, NESCO IT Park, Western Express Highway, Goregoan (East), Mumbai 400 063, India +91 22 65270195 100

TomorrowMakers ™

Financial Planning

Taylor & Francis Group

The best apps to help you track and save money

What could be better than getting your personal finance manager at no cost, with an app that keeps you updated down to the smallest financial detail?Try the one you think is most suitable for you and let 2016 be the year of your financial awakening!
 

If you have not already replaced your ‘budget and expenses’ diary with a free-of-cost money management app, you are clearly not in touch with the times.

Prudent Personal Finance is so much more than just tracking your expenses. You need to be reminded to pay bills, to transfer money from one bank account to another, and even have the ability to manage your investments on the go.

But with so many apps available to manage your finances, it can be difficult to narrow in on the best ones. That’s why we bring you the most recommended finance apps for you to try out:

  1. Mvelopes

Cost: Free

Operating System: iOS & Android

Mvelopes has a simple yet effective interface helping users turn this app into their personal finance manager. This extremely sophisticated financial app has been rated the best available app in the market today by its users. One can easily set daily, weekly, and monthly financial goals and create a budget on the app to help them cut down overspending. This app also has an option called “bill tracking” which lets you track all your expenses in real time. This not only helps you keep all your financial records in one place but also keeps you on your toes with your spending habits.  To ensure 100% accuracy, this app allows users to manually update cash transfers.

Managing your budget and planning ahead has never been easier.

Related:Tough financial situations we face in ours 30s [Infographic]

  1. Goodbudget

Cost: Free

Operating System: iOS & Android

The importance of this free-of-cost financial app can be best judged by the people who are unable to budget the different areas of their spending. Good budget lets you divide your monthly budget into different envelopes wherein each represents a different category, such as “Kids”, “Groceries”, “Transport, etc.

Once you segregate the money into envelopes, you spend only from those particular envelopes. It not just keeps your spending in different areas in check, but also tracks your savings and overspending.  The best part is that all your devices can be synchronized on this app, keeping your entire family updated with essential financial data.

Spending only on what’s essential can be easily achieved with the help of Goodbudget.

Related:Financial planning for dummies: a 7 step guide

  1. AndroMoney (Expense Track)

Cost: Free

Operating System: iOS & Android

Tracking each and every expense that you incur with your credit card or debit card can be effortlessly tracked through AndroMoney. Synchronizing the app with your bank account and credit card saves all your information related to your daily expenses, monthly income, and money transfers.

You can also keep your budget in place with the “budget management” feature of this app. It gives you constant reminders about your savings and budget. The striking feature of this app is that it accepts multiple currencies and can convert one currency into another according to the current exchange rate.

This app supports multiple accounts and manages your finances without any hassles.

Manage your expenses and your money with ease!

Related:Had a rough financial year? Here’s how to bounce back in 2016

  1. Money Lover

Cost: Free

Operating System: iOS & Android

This financial management app is unquestionably one of the best finance apps available today. In less than 5 seconds, you can set your budget depending upon your savings and expenses. Cloud synchronization is also easy and effective with this app, making it your digital finance manager

Money Lover has immense significance when it comes to the security of your financial accounts. No matter what happens to your device, your data is completely secured in its efficient database. Supporting more than 100 currencies in 30 different languages is a piece of cake for this intelligent app.

This financial app supports multiple accounts for a single person. Synchronizing all your accounts, credit cards, and debit cards with this app gives you a sense of complete relaxation as far as your finances are concerned.

All your accounts in one place!

Related: 6Practical ways to keep yourself updated on money matters

What could be better than getting your personal finance manager at no cost, with an app that keeps you updated down to the smallest financial detail?These apps let you track all your financial records, spending, savings, and payments with a single tap on the screen. They give you the freedom to stay updated with all relevant financial data in real time so you can make better decisions for the future.

No wonder these apps have millions of downloads!

Disclaimer: This article is neutral and is not a promotion for any particular application. Please read the Terms and Conditions of the app before use.

 
 

    "Be the CEO of your life"

    - Robin S. Sharma -

    QUOTE OF THE DAY

    POLL

     

    MOST VIEWED CONTENT

    5 situations where you should never use a credit card
    Financial Planning

    5 situations where you should never use a credit card

    While credit cards come with a host of benefits, they must be used carefully, and never in these situations!

    Are you ready for Retirement? [Infographic]
    Financial Planning

    Are you ready for Retirement? [Infographic]

    Investing is the backbone of your financial future, and it is your early investments that determine how much money you have at the end of the day.

    Love and Money [Ebook]
    Financial Planning

    Love and Money [Ebook]

    Noticing the polarizing effects finances can have on the most committed of couples, we take the complexity out of it by laying down some ground rules.

    My iCare booklet [Ebook]
    Financial Planning

    My iCare booklet [Ebook]

    Now store your financial information in a digital format which can help your family members track in case you're not around.

    How women can save tax in India
    Financial Planning

    How women can save tax in India

    In India, there are numerous secrets to saving tax that only the most prudent investors know. Here’s what women need to know about the tax benefits they can avail.

    Know your note: Rs. 2000 [infographic]
    Financial Planning

    Know your note: Rs. 2000 [infographic]

    Your visual guide to the new Rs.2000 note.

    Using mutual funds to plan for and fund your child’s education
    Financial Planning

    Using mutual funds to plan for and fund your child’s education

    Inflation in education related expenses is expected to increase faster than average inflation. This means that depending on debt instruments to plan for your child’s education needs even 20 years before time, is no longer a feasible option.

    boy

    We would love to hear from you!

    Question, comment or concern? Our contact form is the best way to get in touch. We will respond to you within 5 working days.

    NEWSLETTER