We all want to save money. But it’s quite difficult if you’re not keeping a record on where your money is going.
That’s why you should make use of your smartphones. There are hundreds of personal finance apps available on the Google Play Store and App Store.
We’ve listed the top 10 personal finance apps that you can download and use in 2021. These apps can help you stay informed about your personal finance.
Let’s move on the list of top 10 best personal finance apps
Top 10 Personal Finance Apps of 2021
We have used various sources to gather the top list of personal finance apps. These are some of the resources:
So, let’s get going
Acorns were started in 2012 in California, United States. Since then the app has helped more than 5 million people around the world to save their money and make smart investments.
This is how their apps work. It takes spare change from any of your purchase and makes an automatic investment into different portfolios of ETFs ( Exchange-Traded Funds).
Acorns have grown rapidly over the years and providing various options to its customers in managing their finances.
The company offers debit card which can use like other debit cards for your purchases. All the transaction are available under one platform and it is easy to keep track of how your money is being spent, saved and invested.
Quicken has been in the business for more than 30 years. They have more than 18 million members globally and Quicken is considered as one of the top personal finance apps in the world.
The app is not free. However, you can try it out for 30 days. If you feel the product is not suitable for you, you can ask for a refund as they offer a 30-day full money-back guarantee.
Quicken also launched credit cards for their members. It will be easier for the members to keep track of all their monthly transactions.
The advantage of Quicken is that you’ll be able to earn 2x points for your bills. There are various rewards available for you to redeem.
8. Personal Capital
Personal Capital is at number seven in our list of top personal finance app of 2020.
If you’re looking for an app to manage your investment portfolios while tracking your daily expenses, Personal Capital is an ideal choice.
This app allows you to take control of your daily spending habits and keep notified with your investments. There are many options available to track your investment portfolios using this app.
Mobills is a great app that helps you in tracking all your expenses in one simple platform. Even when you want to look at the breakdown of your expenses, it provides good visualizations.
You can import both your bank account and credit card transactions and the app will present everything under one platform. Don’t worry about privacy and data breach as their 100% secured.
Mobills also allows you to filter your expenses by categories to find out where you’re spending the most and cut down your spending habits on unnecessary things.
The best part of this app is their visualization and presentation which is outstanding. You can try out their free version to check out their features and usability before moving on the premium version.
6. Every Dollar
Every Dollar is next on our list.
Have you ever heard about zero-based budget approach? It means each dollar spent need to be justified by a purpose for spending.
Every Dollar simply allows you to integrate all your financial accounts in one place like other personal finance apps in the list.
You can also use the application on desktops as well. The flexibility to use in multiple devices allows you to use it in your most preferred device.
There is one unique feature that differentiates Every Dollar from other apps is that it allows you to consult with a financial expert who will assist you in managing your finances.
5. Clarity Money
Clarity Money app allows you to track your finances by integrating all your accounts and it will create a pie chart.
This pie chart will provide information on your spending and it will be easy for you to identify where you’re overspending. Sometimes you might be subscribed for so many services that you’re not using but paying the monthly fees. Clarity Money will help you identify the ones you are no longer using and you can just cancel them.
The app has implemented AI technology where it analyzes your spending pattern and provides recommendations on how you can improve your financial situation.
Clarity Money also offers free access to VantageScore by Experian to help you check on how your finances are measured. It is good to keep track of your financial health.
Spendee allows you to combine shared accounts management and tracking. Let’s say you have combined spending with your family members or friends, you can add it to Spendee
Before getting started with the app, you need to connect your accounts and important financial data. Once you integrate everything, Spendee will present your information in a simple to understand interface for you to clearly understand your financial activities.
The added advantage of Spendee is that you can also track your cryptocurrency portfolios. Also, you can set up a monthly budget and limit your spendings within that budget. When your spending reaching the limit of the budget you’ve set, the app will send notifications.
If you plan to go for a holiday, you can also set up a budget for that occasion and track your entire expenses during the holiday.
Do you of trouble to log into multiple financial accounts and have to check the financial status one by one? Then Prism will help you get all those accounts in one platform.
Once you add all your financial details, the app will automatically synchronize and send you reminders of your due dates for bill and credit card payments.
Prism allows you to set up payments in advance to make sure your bills are paid right on time to avoid dues. You can easily automate your financial payments with Prism.
Just give it a try, it might help you stay organized and get payments done on time.
2. YNAB ( You Need A Budget)
How can we miss out YNAB from the list? We can’t escape from this app when it comes to creating a budget.
When you install the app, it will ask you to create your budget first before proceeding to any other steps. Once you’re done with the budget setup, then you will move on to importing your financial transactions.
After the integration, you can assign them to specific categories. YNAB provides you with detailed reports where you can check your spending history and check where there any potential issues with your financial situation.
YNAB has mentioned that their new users save approximately $600 in the first two months of using their app and up to $6,000 a year.
You can try out the app and they offer a 100% money-back guarantee and will provide with a full refund if you choose to opt-out.
Mint tops the list as it is one of the most well-known apps in the finance industry. Even many financial experts recommend Mint as one of the must-have apps for people looking to manage their financial situation effectively.
Mint was created by Intuit. The app offer number of important features that allow people without sufficient financial knowledge to manage their financials without any hassle.
Mint provides suggestions on how you should spend for each category to stay healthy financially once you connect all your financial accounts. You can easily track the ones you’re overspending and reduce your expenses.
The app also included a new feature called “MintInsight” which analyze the user’s financial data and provide recommendations on growing investments, consolidating debts and many more.
The app is free to use. The make money by suggesting exclusive credit cards and loan deals.
We hope that we’ve included all the personal finance apps.
Just download and try these apps and choose the one that suits you the most.
Here’s a simple recap of the top 10 personal finance apps:
- YNAB (You Need A Budget)
- Clarity Money
- Every Dollar
- Personal Capital