10 Best Finance Apps to Manage Bills and Debts in 2021As per a report, around 63% of smartphone users have at least one finance app on their device.
You start spending more than you make and keep piling up on ugly debts. Therefore, you need to arm yourself with the right knowledge, or in this tech-savvy age, the right apps to be able to manage your finances with the utmost ease.
Finance apps have been much in vogue these days, because well, you know, money matters. Mobile apps have transformed the banking and finance sector. Thus, managing our accounts, too, have become comfortable with these apps.
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This article brings together a comprehensive list of the best free financial planning apps that stirred up the air, for all the right reasons, in 2021.
Top Finance Apps for Android and iOS in 2021
You Need A Budget (YNAB) - Best money management app
You Need A Budget helps you stay within the confines of your income and understands that everyone has a budget constraint. The best budget app does not advise you to think or plan for different ways to earn something extra. It instead helps you analyze your budget and plan practical ways to deal with your expenses and mitigate financial issues if they crop up.
The app is a brilliant personal finance manager that helps you manage every penny. The app’s usefulness lies in the fact that it has helped its users clear off their debts with proper planning and account management.
Also, it has the option of taking up online classes that coach you on budgeting and planning expenditure. Therefore, if you do not have the skills to use the app or plan your budget with its help, reach out for live coaching.
Features of the best budget app
- Connect all the accounts in one place
- Detailed, visual spending and trend reports
- Real-time access to all the budget data across multiple devices
- Match up imported transactions and more
Wally - Best money-saving apps
More often than not, we indulge in buying splurge and then forget to record it. By the end of the month, when we have nothing substantial left, we are left wondering about where all the money went. Here comes the role of the Wally app in managing the expenses.
Wally is one of the best finance tracking apps and is the right platform if you loathe entering in your expenditure manually. The app shall do the job for you if you take pictures of the receipts. You, therefore, do not need to work your brain up thinking where you have spent your money. Keeping track of your expenses is pretty easy with this app, and it helps you keep your finances organized.
To make it easier for the users, the app also has a simple plan that can help individuals and families in three steps:
- Understanding of the users' pre-crisis spending
- Following a budget to increase savings during the crisis. For those that have lost income, what to do about creditors.
- Post-crisis recovery and returning to normalcy
Features of free finance app
- Finance insight charts for better understanding
- Helps in improving the net income over time
- Syncs all the accounts in one place
- Keeps track of foreign currency accounts and more
PocketGuard - Best expense tracker app
PocketGuard is an app that comes in quite handy for those who are newbies to investing. If you want to earn the ropes of investing or if the stock market piques your interest, you could keep a daily tab on the news about the investing market at PocketGuard.
The app furnishes you with market information cut down to the minute and thus, keeps you updated and enlightened. What you do with all the information coming your way is your choice. You get to call the shots regarding investments.
Features of the best expense tracker app
- Commission-free investment
- Offers real-time market data
- Cutting-edge security measures to protect investor assets
- Collaboration with top banks and more
EveryDollar - Best spending tracker app
EveryDollar is probably one of the most interesting apps that have made their way into the list. It is a boon to humankind in the most real sense of the word. Once you’re connected to the best money management app, it automatically invests wisely in a low-cost ETF by taking into account your risk preference.
Once you have made a purchase with your card, and are connected to the app, it rounds up the expenditure and invests the difference in the ETF.
Features of the best personal finance app
- Automatically invest the spare change from everyday purchases
- Articles and videos from financial experts
- No low-balance or overdraft fees and free or fee-reimbursed ATMs nationwide
- 256-bit encryption, and more
Catch Benefits - Best spending tracker app
Need to get your spending on track but not sure where to start? Catch Benefits is among the best money management apps that offer personal benefits to the modern worker with integrated savings, investments, and insurance and also receive tailored plans based on your needs. It is one of the best budget apps that make the best recommendations in health insurance, tax withholding, retirement, and paid time off.
Catch Benefits helps you with security, confidence, and gives you the freedom to take risks. It also offers full coverage with all new safety net, all in one place.
Features of this app
- Receive expert advice that helps you save more, lose less
- Custom plans tailored to your needs and requirements
- Get smart updates
- Coverage and policy tracking
- Helps you plan in advance for regular co-pays or unexpected medical costs
Goodbudget - One of the good budgeting apps
If you are up for investing your hard-earned money to make some assets, then the Goodbudget app is best for you. With this app, the user gets customized advice tailored specifically to the set goals.
Apart from the investment advice, the app works similarly to other financial management apps and tracks all the financial details. The app offers unlimited withdrawals too, with no fees and no minimum balance.
Features of the good budgeting apps
- Free online money tools
- Insight-driven advisory
- Personalized portfolio management
- Fiduciary advice with transparency and more
Honeydue - Best Couple Budget App
Honeydue is a popular digital budget platform for couples, and now we have its app. The app is ideal for tracking bills and other documents between couples and managed finances. Integrate the app with your banking system and get multiple benefits.
Features of this app
- Integrate with banks
- Easy bookkeeping
- Allows to share bills and other documents
- Helps in managing finances
Mvelopes - Best Budget App
If you have multiple accounts and find it tough to hold all your transactions together, it’s time to opt for the Mvelopes. Mvelopes brings all the bills and financial activities into a single platform. The user only needs to feed all the bills into the app, and the app automatically tracks the due date of all the payments.
For more ease, the user can even schedule payments. The app has over 11k billers that include both larger banks and smaller utility companies.
Features of best finance budget app
- Track bills, monthly expenses, money & debt
- Bill pay alerts and bill reminders
- Bill calendar & payment calendar view
- 256-bit AES encryption, and more
Goodbudget - Best Overall Budget Planner
Goodbudget is one of the apps that help you save money and offers the best financial management and every financial assistance. Due to its features and functionalities, we consider it as the friendliest and easiest apps to manage finances.
You can connect all your bank accounts and cards, and keep your bills in one place. Goodbudget sends you reminders regarding your due dates for paying bills, while also allowing you to create and follow a budget.
Features of the top personal finance app
- Track bills right alongside the account balances
- Create a budget for the user
- Push notifications for the payment reminders
- Sync the bank accounts, credit cards, budgeting, and more
Venmo - Best Cost-Splitting App
Bill splitting is something that every one of us needs to do, and it can sometimes leave you just clueless. Due to the same reason, Venmo is quite popular with millennials. It quickly calculates all the spending and shares the due amount with everyone who is in the group.
The interface of the app is similar to that of Paypal but is different from it in many ways. One such USP of this app is its ability to share and like payments through the social feeds. The transaction limit of Venmo is set at $299.99.
Features of best personal finance app
- Tracking and sharing on all the expenditures
- Easy money transfer
- Split the spending the share with friends
- Encrypts all the transactions and more
These are the best financial management apps that must find a place on your smartphone. These apps that help you save money, made it so easy for us to become smart about our money that you no longer have to worry about entering your expenditure manually, or calculate your debts and then wonder at the end of the day how all your earnings disappeared into thin air.
Get your hands on these top finance apps of the year and make smart moves while handling the finances. We hope this article has helped you find what you were looking for. If you are an app owner and want to get your app reviewed, get in touch with MobileAppDaily.
She is an avid writer of technology and trending mobile apps. When she is not busy updating you about the tech world, she spends time reading books and playing guitar.