The first expense tracker app came back in the 1980s with desktop programs like Quicken. Since then, there have been so many developments. Now, we have much more advanced apps for our android and iOS smartphones. Managing money is very important for everyone. We all have our expenditures, and we all want to save money. Business owners, bloggers, owners of the food industry need such apps. Here, we will read all about best expense tracker apps available in the current market.
Best Expense Tracker Apps For Money Management
Every app requires access to the messaging functioning of your smartphone. This is unavailable on iOS devices.
1. Personal Capital
Personal Capital is for investors who have the whole financial situation under control. This app makes use of charts and evaluations to help prepare and develop a more stable future.
It is a full feature finance manager who is for a price. But, there is a free personal finance dashboard that welcomes a person who signs up for it. It has many features and benefits to help you keep an eye on the financial aspect of your life. The whole app deals with your investments. The purchases you make with your credit or debit card are the main concern of the app. It generates a whole monthly chart of the expenses you make.
It gives you the ability to look at your expenditure and cut if by a good percentage. Hence, you can maximize your benefits in those expenses. It helps you detect your spending habits and where is the most you spend.
This app is one of the most highly-rated apps which deal with financial transactions. It is available for Android and iOS, but the catch is that the iOS version offers paid services. Your everyday expenditure and other financial dealings can be ith. It has many beneficial features, too, and a very subtle and attractive user interface.
You can receive your reports and in the form of charts and graphs, and other diagrams. Also, back up the whole of your data over on Google Drive or the Dropbox. This saves you from any kind of data loss and hence, preserves you from any unwanted loss. You can synchronize your device with any other device too. You can choose your own currency in which you have initiated the transaction. The app cleanly presents everything.
Mint is one of the most popular and used financial apps that you can encounter. It has a great presence and a good reputation in the existing market. Mint includes many features, and the best factor is that it’s free. It is a product of one of the most trusted financial software providers, Inuit. Hence, it has a large userbase too.
You can get a lot of help with managing budgets, monitoring your expenses, track bills. Also, you can track the payments of bills too. Although it is one of the oldest and the most popular apps, it also has many bugs and performance issues. Getting support in such cases is a challenging task for a customer.
4. EZ Financial Calculators
This app handles the calculation of your Finance and Investment and takes care of it. You can calculate any kind of loan, tax, interest, and other financial holdings.
The app shares result with you on your email and others too.
Those in the finance sector can mail their employers about financial matters.
If you lean towards in the Stock Market and Mutual Funds then, Moneycontrol is a great app for you.
It can also give you suggestions about your investments. Also, it helps in tracking your current Stocks and investments. You can have the added benefit of buying or selling them. It has a forum for discussions and interactions between people.
You can know about the current stock and trade options. This app was earlier only available as a Web version. It was very famous for tracking investments and Stock and Trade options.
6. Money – Money Manager
This app is one of the very sophisticated money managing apps existing in the current market. It is available on both Android and iOS. Whenever you are spending any kind of money, you have to input the app’s amount, and it stores your data. This is a straightforward process, and you would soon develop a hang of it.
You can also operate the app with your tablet and laptops and using Dropbox. Also, this app shows you your earnings and spendings using graphs and other charts. The best part of this app is that it’s ad-free.
7. Expense Manager
This app is free and is very simple and subtle. It can manage anything related to your finances. The app controls all your checkbook, your monthly budget, or your expenditures.
You can track any of your pending taxes and your withstanding debts. It also has many other features like a money converter, loan calculator, etc. This also has the feature of organizing the bills of the user’s expenses by week, months, or years.
If you fear losing your data, you can back up your data in Dropbox, your SD card, or your Google Drive.
8. Google Sheet
One of the more trusted apps from Google with many features. It includes paid and free services to plan and estimate your budget.
You can use the spreadsheet to create your own new budget. Track your expenditure with more efficiency with the Google sheet app.
You have the option to create your categories and sub-categories. Keep your expenses under supervision from time-to-time.
If you want to keep track of your expenditure on a regular daily basis, then this app is a perfect choice.
One of the top-quality apps and comes among the top financial budget app in over 22 countries. It has a global rating of 4.2/5. It regulates all your income and expenditures and manages your investments.
Best Expense Tracker Apps With SMS
This is one of the simplest and most elegant apps in this article. If you want a subtle app with not much hassle and track your financial entities, this is the app to download.
Like other apps, everything comes in categories. You can see all your expenditure listed under different headings. This is one of the best experiences you can get. The app showcases everything with the help of charts and bars. Everything is pretty much vision stimulating for the user.
The app contains graphs, etc., to show your monthly or yearly expenditures. It will help you set a monthly budget and limit expenditure and such related issues.
The premium version costs $7.25 per year. There are backup features in this version. In case you want to switch to a new phone, you can use this feature.
Moneyview has many great features, such as the ATM search. It has a subtle and clean user-interface.
This app reads your SMSes and gives you an account of the money spent by you on a general basis. It gives you an analysis of your bank accounts and other financial accounts as well. In the case of a mishappening, you have a record of everything. Monthly financial figures, expenditure details, and top areas of expenditure are all covered.
This app has various beneficial features packed up for you—transfer money from your accounts to the accounts of your friends or other people. You can also locate ATMs, see your due bills from various sources like credit cards.
You can also pay such due bills and also check your left bank balance after paying those bills. As you would think, all such features work in categories. This is also an SMS connected app and requires access to your messaging function.
Expensebit analyses and tracks your daily, weekly, or monthly financial incomings and outgoings. It synchronizes with your SMSes. Then plans your whole financial budget and also categorizes them.
There are categories like grocery, food, entertainment, etc. This app also has a split feature, i.e., you can split a particular bill between members of a group. You can receive all the necessary information about your expenditures in your email. and have an instant look at them in case you visit your mail.
Since the start, it was a small-time finance tracker. But now, along with managing your finances, it has options for creating bill receipts too.
It also comes with many more features, like adding pictures to your transaction. Also, the SMS-based tracking system works subtly.
There is an extra feature for the best nearby deals, discounts, tax calculations. Though one of the drawbacks of this app is that it isn’t much aesthetic as you’d like it to be. But, the rest features and working of this app are pretty fast, friendly, and easy to use.
5. ET Money (Earlier Called SmartSpends)
Earlier, this app had the name ‘SmartSpend’ and was a simple expenditure tracking app. But, now it is not only an expenditure tracker, but it is also a very efficient money management app.
It could give to the right direction so that you get help in investing in mutual funds and also, save your taxes. The app is an SMS based one but also has the option for manual entry of data. You can also track discounts that are available nearby. For people always looking out for such deals, this app could be the one.
It gives weekly details but not suitable for long-term financial accountability. It lets you do everything, from normal money management to investments.
6. Mtrakr Money Manager
This app collects all your financial details and important information. The app does this through the SMSes of the expenses you have made.
Mtrakr has the ability to classify all your expenditures. It also categorizes them as food, entertainment, etc. Other features include payment reminders, simplifying budgets, tax calculators, etc.
This app also provides you with the receipts of your daily expenses and other such endeavors.
Best Personal Expense Tracker Apps
1. My Universe
This app is an all in one solution to all your financial-related stress. You won’t have to visit extra websites for the solution to your problems. This app is available for both Android and iOS.
With the help of this app, you can access any account of yours, be it a banking account or insurance, or other such bills. This app will also give you some investment tips and tricks and help you check account balance. This app connects to your bank account. If you indulge in any transaction through your ATM, the app will show it.
This app will help you track your bills.
If anyone you split some payment with forgets his/her part of the payment, you need help.
You don’t need to enter a bill every time you go out with your friends. All you need to do is make a group and enter the total amount, and the app itself will split the bill. Spliwise is free but, you’d have to enter bills.
This app is perfect for tracking the expenditure of each member of your house. This app would also set a limit, i.e., a boundary expenditure for your house members. This has a feature called ‘family sync.’
It synchronizes the budget and other expenses of your whole family. Each member of the family would have to enter their own data, which could be a lot of effort for everyone.
4. The Bank Bazaar Mobile App
This app manages your finances like a professional. This app gives you timely reminders for all your bill payments. It helps you to track any kind of account.
You can open FDs and get current prices for fuel, gold, and other such resources. You have the ‘Finance 101’ section to help remain up-to-date with the current world of finance.
This app tracks your expenses and helps you set a monthly target. The app gives regular reminders for pending bills so that you pay them on time and avoid any late fine.
The good part is that it doesn’t need much manual data entry from the user. For example, this app can take up information from your PNR SMS and manage your travel status.
Spendee is one of those personal expense tracker apps that are apt for your household. This app requires a connection to your bank account. Then, it sums up all your financial in-comings and saves you from many hassles.
If there’s a special occasion or you have planned a trip to someplace nice, this app has got it all figured out. You can track your expenditures in such cases. Your much needed time and effort so that you can focus on the main event.
This app deals with your personal finance and helps you to maintain your budget. This app is the innovation of a much trusted Google brand, and hence, users get attracted to this app.
This app has innovative accessibility. It can sync to your Android, iOS, and the web. Hence, the apps clear much of your burden.
8. Money Manager Expense And Budget
This app is for both Android and iOS and helps with your personal finance management. You can review all your expenditures and plan your monthly, weekly, or daily budgets.
The app presents you with a report of all your personal as well as your business transactions. With this app, you will have the capability to assess all your financial assets.
9. Spending Tracker
It is free of cost, money, and finances manager for your whole household. It has a very clean and clean interface. It is the most recommended finance manager app for iOS users. However, it is available for both Android and iOS.
This app helps you to save money by improving the way you manage money. It helps you to create your daily, weekly, or monthly budgets. It also categorizes and then sub-categorizes your expenditure.
10. Fudget: Budget Planner And Tracker
This app isn’t much popular on the Play Store, although it has been getting good reviews. Also, this app is completely free of any cost. The Desktop and the Mac versions can are available for affordable prices.
This app is easy to use and lets you add a passcode entry, helps you plan your finances and categorize your budget. You can keep a list of all your expenditures and financial outgoings.
Also, edit them at your discretion.
11. Wallet From Budgetbacker
This app is for your financial purposes and lets you plan your financial position. It has a Web version through which you can track your expenses from your laptops.
A pro version of this app is available for buying. In this, the app includes bank accounts, digital wallets, or cards. You can also transfer your whole banking and transaction history into this app. Whenever you spend any money, the app will notify you in real-time.
12. Tax Calculator
It is very clear nowadays that the tax system has been more complex than ever. Many types of taxes and technicalities are present. So, it is not easy for anyone to compute and pay taxes.
This app is very great for planning your taxes and helps you in organizing them so that you don’t forget or miss any tax.
This app can help you in the maintenance of your taxes and keep a check on them.
This app was initiated by our current Prime Minister, Shri Narendra Modi. Every citizen can keep all his confidential financial documents.
This app links with the owner’s Adhaar Card and not anyone can access this app on your phone. The app authenticates someone before allowing access. The app is free for every citizen and is very useful in keeping all your documents safe and sound.
All the above-mentioned apps provide a secure platform. Many of them access your messaging services. They don’t actually store your data or use it in any way.
For your own safety, you should read all the terms and agreements that the app presents. These finance managers are very well versed in your way of handling money. They can ease a lot of your burden. You can recover from any kind of financial setback. These platforms can be highly profitable.
Reason Behind The Expense Tracker Apps
When the tax deductors are standing on your head, such apps help you clarify everything.
In the current situation, money management is critical. It is pertinent that a man takes care of all his financial belongings.
1. Tracks Expenditure And Categorizes Them
You have options to enter every transaction you make. Also, these apps have access to your messaging functionality. Whenever you make a transaction, an SMS drops. The app records the amount and merchant name.
After the induction of the latest expense on the list, the app sorts the expenses. Then, categorized to preserve the user’s time when he wants to recheck his expenses.
2. The User Gains Awareness Of His Expenses
The more aware you are of your expenses, the more financial stability you will achieve. Reviewing your budget helps you understand how to save money.
3. Spending Limits Can Be Set To Save Money
You will decide when and where to spend money at the start of any month. You can check anytime during the whole month if you have exceeded your budget for a certain category.
4. Viewing Charts And Graphs And Statistical Data
These apps present you with the monthly data and reports in a very efficient way. They are very accurate.
They use pie charts, income, and expense charts. Also, they are straightforward to interact with.
5 . Missing Payments? Not Anymore!
If you are late for your payments and get fined for it, it’s money not well spent. Hence, you should keep track of your repayments. Also, if someone has to pay money to you, you should keep track of that too.
1. Is the data on my phone secure?
Yes, these apps are completely safe. The developers have assured the users that they do not use their customer’s data.
2. Is any limit to the transactions through these apps?
Yes, the limit depends upon the user’s bank. Every bank has a different limit. You can discuss with your bank for the details.
3. How to use bill split?
It is a very good feature. Create a new group and add people. Then, enter the bill. The apps will split the bill. Not all the apps above support this feature.
4. Does the app use my SMS data?
No, the apps only read the SMSes to record your transaction history. There is no other usage. Your privacy is protected.
5. Which platforms do all these apps support?
Most of these apps are available on both Android and iOS devices. Some have a desktop and MAC version too. A few apps also have a website for the user’s convenience.
6. Can one track a debtor without letting him/her know?
You can track who owes you money using the split section. The apps supporting this feature can help you in such cases.