There may be signs the global recession is over, but many of us are still feeling the pinch. Does your income always cover your expenses? Do you know where all the money goes? Some of it likely goes toward your smartphone plan, and you can get that expense working harder for you by downloading the right money management and finance apps. There are numerous options on the market, whether you’re looking for mobile software aimed at categorizing your daily purchases or reimbursing friends for an expensive dinner, much of which is entirely free and directly links to your bank account. They may not necessarily make saving money for your next trip to Bermuda any easier, but at least you’ll have a comprehensive view of where your funds are going.
Here are our personal suggestions for the best finance apps, so you can spent less time pinching pennies and get a better grip regarding your finances. Additionally, check out our picks for the best apps for iPhone and the best apps for Android, as well our selection of the best music apps and the best news apps.
Updated on 5-16-2014 by Brandon Widder: We updated the list to include Spendee, Google Wallet, Square Cash, and six other mobile apps. HomeBudget with Sync is no longer on the list. Simon Hill contributed to this article.
Millions of people use Mint to manage their finances. The capable and secure app allows you to automatically track all your checking accounts, saving accounts, and credit cards in a central location, neatly categorizing and displaying the transactions along the way with informative graphs. Bill reminders, low-balance alerts, and cross-platform syncing also come standard.
Embellished with a sleek and seamless layout, Spendee analyzes your income and expenses prior to providing a slew of financial advice and revealing infographics detailing your expenditures. You can also set frequent payments, enable intelligent notifications, snap photos of important bills and notes, and event export the your data and editable categories to Excel, CSV, and Google Drive.
Consolidate is key with the streamlined Manilla. Automatic reminders and robust calendar options ensure you stay on top of your latest utility bills, while digital filing cabinets house your bank statements, notices, offers, and other desirable records you may want to view later. Plus, the app handles reward programs and loyalty cards in addition to standard bank accounts and credit cards.
Designed as a companion for online shoppers, Slice culls tracking numbers from your email accounts. The polished-pink app provides notifications and tracking info for purchases, allowing you to monitor outgoing shipments in addition to your spending habits. It also lets you claim price adjustments on purchases and save receipts while offering welcome shopping insights.
Ideal for business people, Expensify allows you to scan receipts, track your mileage, link debit and credit cards to oversee your spending habits, and even create expense reports. The interface is minimal, composed of four distinct components, with additional tools for setting flight alerts and automatically converting currency while traveling. Exporting data is to others apps is just as simple.
An obvious pick for PayPal users, the app grants you access to you balance and transaction inquiries. It also allows you to add, withdraw, or transfer funds among friends — and moreover — you can utilize the app in stores, restaurants, and a bevy of other establishments outlined in your local area that accept PayPal. Why not snap a photo of a check to add money to your account, too?
Credit Karma Mobile
Official credit scores are difficult to come by. With Credit Karma’s official app, you can easily view and monitor your credit score and impact on the go. There’s no membership or credit card required, and the app even sends you pivotal notifications when something import changes concerning your credit report, along with a credit report card detailing factors currently influencing your personal credit score.
Overdraft fees are a pain, if not concern. Formerly known as Pageonce, Check presents you with a series of reminders regarding your upcoming bills, allowing you to pay and schedule bill payments on the spot. You can view your bills and accounts in one centralized locations, and even enable alerts designed to inform you when funds are dangerously low or credit limits are approaching.
Saving money is easier if you’re unaware you’re doing it. Once properly linked with your bank, SavedPlus automatically deposits a percentage of your recent expenditures in your bank each time you make a purchase. For instance, if you set your saving percentage at 5 percent and buy an item for $20, the app will place $1 in your desired savings account. However, allotted percentages can’t exceed 20 percent.
There are few easier ways to send money between trusted friends than with Square Cash. Once you link your debit card with the software, the minimalist app allows you to securely send and request money via email (with an optional security code). Afterward, you can confirm or reject the required transfer, allowing users to move money between bank accounts within one or two business days.
Showcasing a slick interface and navigation, Google Wallet is more enticing than it ever was. The app provides tools for sending money to any friend in the United States using a valid email, while allowing you to automatically track your online orders, view purchase history, and spend your Wallet Balance as if it were a mere debit card (assuming you’ve ordered the free Google Wallet Card).
Dollarbird is no more than it needs to be. The app is encased in a colorful, calender-based design, allowing you to track your expenses and income akin to other apps. However, the app also lets you set up reoccurring transactions and handy bill reminders, while allowing you to view a detailed account of what you spend money on and your five-year financial projection plan.
Similar to Square Cash but with Facebook-like interface, Venmo provides a quick way to disperse funds among friends and those in your social social over 256-bit encryption. The app takes no more than five clicks once linked to your bank account, providing tools for sending and requesting money for dinner, utilities, and more. However, note the 3 percent transaction fee when using a credit card.
A little analysis goes a long way when it comes to finances. Level Money links to your bank account and updates transactions in a similar manner to your bank, automatically detecting your financial situation and displaying your cash flow and anticipated savings with easily-digestible infographics. It’s simple, but at least you can view your daily, weekly, and monthly income at a glance.
More about informing you of your finances than managing them, Bloomberg’s official app touts all the publication’s hallmarks. You can use the app to peruse breaking finance and business news spanning more than 35 categories, from currencies to energy, while analyzing your personal holdings (stocks, ETFs, mutual funds, etc.) and viewing detailed company pages and global updates.
What do you think of our picks for the best finance apps for iOS, Android, and Windows phones? Let us know your favorite in the comments below.