While organizations of one’s financial life constitute a crucial step in building wealth, it is rather difficult for most to keep track of their costs, savings, and investments. In today’s complex personal finance scenario, money management requires more appropriate tools than ever before.
Luckily, technology has provided many low-budget and money tracking apps designed to make it less painful. The downside is that there is now a new app every day; therefore, it is not easy to conclude how well it may meet your needs.
We scrolled through way too many options and have sorted out a list of the best budgeting and money apps worth downloading. Maybe you need a hardcore budgeting tool, a spending tracker, or even credit score monitor-we’ve got all these and more covered. Here are the best choices in every category!
Best Budgeting Apps
1. YNAB (You Need a Budget)
YNAB is an abbreviation for You Need a Budget. And it just happens to be one of those premium budgeting software services you can have around today. It can allow budgeting in direct coordination with the income earned and has flexibility throughout the month for any expense.
- Best For: People who are pretty well-earning and still spend their money only on a paycheck-to-paycheck basis.
- Features Include: Cash flow management, flexible budget categories, and excellent educational resources.
- Cost: $14.99 per month or $98.99 per year. Proof of registration can help students earn a free year.
2. Quicken
Quicken is the pioneer of personal finance apps and offers very sophisticated systems to monitor spending, investments, and budgets.
- Best For: Robust management of your entire finances.
- Features: Solid desktop versions, plus a good mobile app which allows it to sync well with the desktop app, and solid reporting options.
- Cost: Paid subscription which has several tiers and starts at around $34.99 per year.
3. Personal Capital
Personal Capital does a great job of asset allocation and portfolio management, so that makes this service perfect for investment tracking plus budgeting for those interested in the latter.
- Best For: Individuals interested in tracking their net worth and cash flow.
- Features: Investments, income and expense tracking, and retirement planning tools.
- Cost: Free but again, advisory services are offered for a fee
Tiller Money syncs your transactions to a customizable spreadsheet. It’s best for the person who enjoys tinker with spreadsheets.
- Best For: The person who wants flexibility in budgeting and tracking.
- Features: Automated feeds, template customizability, and reporting.
- Cost: $79 per year.
5. Kubera
Kubera is one of the net worth trackers that can connect with nearly every type of account, from cryptocurrency to real estate.
- Best For: Users who have advanced from the classic budgeting and want to concentrate on net worth.
- Features: Portfolio tracking, and management of private investments and assets.
- Cost: It costs $15 a month, or $150 per year.
Best Apps for Subscription Cancelling
Recurring subscriptions can very easily go through your budget in no time. Here are the best apps for canceling unwanted subscriptions.
6. Trim
Trim finds and cancels all recurring subscriptions, saving you lots of money in the bargain.
- Good For: Individuals who can avoid unnecessary expenses by not spending money.
- Features: Track subscriptions, negotiate bills, and suggest savings.
- Cost: Free to use but take some percentage of the savings that they make.
7. Truebill
Truebill is another wonderful tool that monitors subscriptions and will even go to an extent to negotiate bills for you. It’s best for those people who cannot monitor monthly bills owing to their hectic lives. Features include subscription tracking, bill negotiation, and budgeting tools.
- Cost: Free to use; you only pay if they save you money.
Best Cash Back Apps
Cash back apps give you rewards for every spending action. And in the following are the best cash back apps.
8. Ibotta
The cash back app provides users with an ability to upload their receipts for cash back on normal purchases.
- Best For: Grocery shoppers seeking savings.
- Features: Cash back on a diverse range of products and retailer partnerships.
- Cost: free to use.
9. ReceiptPal
ReceiptPal: Uploads receipt photographs and earns points that can be redeemed for gift cards.
Best for: People who constantly shop from different stores
Features: Points program, easy uploading of the receipts, and various gift card options
Cost: Free.
Features: Cash back offers from a vast network of stores and a sign-up bonus .
Cost: Free.
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Best Investing Apps
More and more people can invest than ever before, thanks to many zero-commission brokerage accounts. Here are our picks for best investing app .
- Fidelity
Fidelity has a great mobile app for any of its investors .
Best For: Complete investment management .
Features: Commission-free, retirement accounts, and research resources .
Cost: Free to trade.
12. M1 Finance
M1 Finance offers a hybrid of an individual stock investing approach with the power of robo-advising.
- Best For: Long-term investors seeking to have a more active approach.
- Features: Custom portfolios; automatic rebalancing and dollar-cost averaging.
- Cost: Free to use.
13. Robinhood
Robinhood revolutionized trading. It offered free commission trades for stocks, cryptocurrencies, and ETFs.
- Best For: First-timers who want to experiment with ideas and trading.
- Features: Easy interface; stock and ETF trading and some cryptocurrency options.
- Cost: Free to use.
Best Budgeting Apps for Couples
If you and your partner share finances, here’s an exceptional app.
14. Zeta
Zeta allows partners to track their finances together, making budgeting less painful.
- Best For: People who’ve shared or partially shared finances
- Features: Bill-splitting, shared goals and individual tracking
- Cost: Free usage
Best Apps for Credit Monitoring
Monitoring your credit score is extremely important for your overall financial health. Here are our top choices.
15. Credit Karma
Credit Karma. This credit score and finance tracking service offers free credit scores and financial tools. Best For: Users seeking to track and monitor their credit score. Features: Free credit monitoring, tax prep services and personalized recommendations. Cost: Free to use.
- Credit Sesame. Provides credit monitoring tools to improve your credit scoring. Best For: Users with the goal of enriching credit history. Features: Credit score tracking and financial advice. Cost: Free to use
Conclusion
The best budgeting and money apps are not necessarily the best for everyone, but the ones that fit your unique needs, and that you will actually use. Whether it is budgeting management, to track spending, investments, or monitoring of the credit score, there is a tool for everybody.
Now that you’ve seen some of these apps, try out one or more to see how they might make a difference in your financial life. Want to learn more about one of the apps I just mentioned? Check out the links in the description below. Thanks for listening and happy budgeting!