Best Money Management Application To Manage Personal Finance

Best Money Management Application To Manage Personal Finance

Tracking and saving your expenses on a daily, weekly or monthly basis is what every person should do. It allows you to maintain or raise your finical condition by avoiding useless expenses. But tacking your expenses is not as easy as it sounds, at least not manually as it is common to forget few expenses. If you also fall in the same category then don’t work, there are some great applications to manage your money that can help you to track your saving as well as expenses successfully.

Before money was all about paper like cash or cheques but from the last decade with the advancement of technology, applications like Paytm, Google Pay, Phonepe and many more have made it more convenient. The same way, some apps can help you to manage your expenses. Such apps keep track of the money that you are spending. You simply need a mobile phone with an internet connection. Before we jump on the list of best money management apps you need to consider below-mentioned points before downloading it:

  • The application should not charge to use the application from its users or the premium plan should be at an affordable cost.
  • A person without a tech background should be able to use it easily.
  • You don’t need to have the knowledge of accounting to use the application
  • Features should be useful and helpful.
  • Must not consume too much of battery
  • It should be able to protect our data from getting leaked.

Well, if you want a money management application which will work in both Android and IOS than keep reading. With these applications, you will be able to track your expenses and manage your money accordingly. So here are several apps and money management tools that act as expense managers and can help you manage your budgeting and personal finance better.

Below is a list of some of the best expense and money management apps in India:

Walnut

This is a highly rated app that can help you categorise your spending and split it under various heads like bill, loan EMIs, SIPs, household expenses and groceries. The app also analyses data gleaned from your SMS and email communication to better understand your cash outflows. Walnut is now integrating UPI payment services for direct money transfer between the bank accounts.

Monefy – Money Manager

Monefy has an intuitive and user-friendly design, making it easier and fun to navigate and track your expenses. The app shows you your expenses through visually appealing graphs and diagrams making it easier to understand your cash outflows. With all this, it has several other useful features like inbuilt calculator, multi-currency support, password protection and budget mode

Andromoney

This is one of the smoothest money management applications in India because of its easy to use interface.  Its UI (user interface) is as good as Monefy as it is easy to navigate in it. It’s various features showing in-app expense distribution with beautiful and simple info-graphics, password protection and many more. With this app, you can also find real-time data and overview your expense summary.

Fudget

Fudget is simple to use money management application in India. This app is making budgeting easy and simplistic for its users. It allows users to add their monthly budget targets, track expenses and spending on a monthly or weekly basis, easily add and edit budget entries, maintain a list of the monthly expense and allows many several features. With all this, it also has an amazing interface.

Google Budget

This is an application launched by Google to be your finance manager. It will help you to stay aware of your expenses and finances. This is an amazing expense tracking tool as it is powered by Google and it by design syncs across your Android and IOS and web.

Bottom line

These are just a few of the apps available from the plethora of budgeting and money management apps. A word of caution though – do not download multiple apps that have the same or similar features. Always choose some different applications that have some different features than one another. This way you will be able to manage, control and maintain your budget and expenses.

Best revolutionary technological innovations in 2020

Technology that will revolutionise the real estate industry

Comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More