Nowadays, keeping track of our personal and family finances has become a necessity. For this purpose, there are several digital tools that make the task easier. In this article, we present the best mobile applications for you to manage your expenses, income and savings effectively.
Mint
Mint is one of the most popular applications to keep track of your finances. It's free and allows you to connect all your bank accounts, credit cards and loans in one place. Plus, you can create a personalized budget and receive alerts when you get close to your spending limits.
Another interesting feature of Mint is its investment tool, which helps you create and follow a long-term investment plan. You can also use it to track your credit scores and receive personalized recommendations to improve them.
All in all, Mint is a comprehensive and easy-to-use application that will help you stay on top of your personal finances and make informed financial decisions.
YNAB (You Need A Budget)
YNAB is an app that helps you keep track of your finances effectively. The philosophy behind the app is the idea that in order to have an efficient budget, you need to know exactly what you are spending your money on.
With YNAB, you can create a personalized budget for your income and expenses, and track it daily to make sure you are meeting your financial goals. In addition, the app allows you to sync your bank accounts so you can see all your transactions in one place.
Another useful feature of YNAB is its "virtual envelopes" system. You can allocate a certain amount of money to different categories, such as food, transportation or entertainment, and YNAB will help you keep track of your spending in each of them.
Although YNAB is not free (it has an annual cost), many users consider it a valuable investment because of its ability to help improve your long-term financial situation.
Personal Capital
Personal Capital is a personal finance management tool that combines tracking your budget and investments into one platform. With Personal Capital, you can view your bank accounts, credit cards, investments and loans in one place. It also offers tools to help you plan for retirement and optimize your investment portfolio.
Wally
Wally is a free expense tracking application. With it, you can record your income and expenses quickly and easily, and visualize your finances in one place. It also allows you to create budgets and set savings goals. Wally also has features for scanning receipts and keeping track of your monthly subscriptions.
Goodbudget
Goodbudget is a budgeting app that uses the virtual envelope method. With this app, you can create different categories of expenses and assign a dollar amount to each. Then, you can record the expenses in each category as you make them. The app shows you the remaining balance and sends you alerts when you get close to the established limit. In addition, Goodbudget also allows you to synchronize your budget with other family members to keep track together.
CoinKeeper
CoinKeeper is an application to keep track of your expenses and income in a detailed and organized way. You can create custom categories for your expenses and set budget limits. In addition, the app allows you to set savings goals and gives you tips to improve your financial habits. CoinKeeper also synchronizes your data between different devices and has an intuitive and easy-to-use interface.
Expensify
Expensify is a very useful tool to keep a detailed control of your expenses. With this app you can scan your receipts and the information will be automatically uploaded to the platform so you can easily categorize your expenses and generate reports. You can also synchronize your bank accounts to have a complete record of your finances. In addition, you can use Expensify for business expense reports if you work in a company.
Money Lover
This app is perfect for those who want to have a comprehensive control of their personal finances. Money Lover allows you to track expenses and income, set budgets, create custom categories and have smart notifications to avoid overspending. In addition, the app also has features such as loan calculator and savings planner.
BudgetBakers
BudgetBakers is a personal financial management application that will help you keep track of your expenses, income and savings goals. You will be able to create personalized budgets, categorize your expenses and receive alerts when you are close to exceeding your monthly limit. In addition, the app also allows you to synchronize your bank accounts to have a complete overview of your finances in one place.
