As per a report, around 63% of smartphone users have at least one finance app on their device.
You have the money, you have a bucket list, but that is not the end of everything. You need the right money management skills, lest all that you have earned will leave your side in the blink of an eye.
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.
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.
The following are the best personal finance apps for iPhone and Android that comes packed many features. Every app is reviewed by us in-depth and to make it clear to you, we have even mentioned the category for the same.
Let’s deep dive into the landscape of finance.
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.
Notable features of the best budget app:
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 to have 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:
Notable features of this free finance app:
You can download this best money saving apps for iOS
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.
Notable features of the best expense 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.
Notable features of the best personal finance app:
Receipt Catcher Evo is one of the best expense tracker apps for Android and iOS that help you track expenses and tax returns in a better way. It has turned out to be the best money management app for contract workers, smart business travelers, and permanent members of staff, who want to keep track of all their expenses without bothering about the paper receipts. With features like automatic tax calculation, real-time currency converter, and expense submission, this app ranks among the best finance apps that help you save money.
Notable features of Receipt Catcher Evo - Best Budget 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.
Notable features of the best personal finance 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.
Notable features of this good budgeting apps:
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
Notable features of this app:
Tracking bills and making payments is something every other finance app can pull off, but do they reward the user for completing the tasks? We guess not. PocketGuard is one such app that offers rewards on credit card payments.
The user can even tell the app about the rewards he wishes to grab, and then the app comes up with the cards that match the reward requirements. Even for shopping at the nearby stores, PocketGuard can well suggest the cards along with an up to date list of the active bonus categories.
Notable features of this top personal finance apps:
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.
Notable features of this best finance budget app:
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.
Notable features of this top personal finance 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.
Notable features of this best personal finance app:
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.
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