Finance Tracking Apps

Basic budget apps generally link to your financial accounts, monitor your spending, and categorize expenses, providing a clear view of where your money goes. However, many apps offer additional features beyond these basics.

Free Apps

  1. YNAB (You Need A Budget) ◦ Features: Zero-based budgeting system, goal setting, and expense tracking. ◦ Pros: Encourages proactive budgeting and financial awareness. ◦ Cons: Free trial for 34 days, then it becomes a paid app.
  2. PocketGuard ◦ Features: Budgeting, expense tracking, and bill tracking. ◦ Pros: Shows how much disposable income you have left ("In My Pocket" feature). ◦ Cons: Limited customization in free version.
  3. GoodBudget ◦ Features: Envelope budgeting, expense tracking, and goal setting. ◦ Pros: Simple, easy-to-use interface for envelope budgeting. ◦ Cons: Limited envelopes and accounts in the free version.
  4. Personal Capital ◦ Features: Investment tracking, retirement planning, budgeting, and net worth analysis. ◦ Pros: Strong focus on investment management. ◦ Cons: Heavy emphasis on paid advisory services.
  5. Spendee ◦ Features: Budgeting, expense tracking, bill tracking, and financial planning. ◦ Pros: Attractive interface and useful graphs. ◦ Cons: Limited features in free version.
  6. Wally ◦ Features: Expense tracking, budgeting, and financial goal setting. ◦ Pros: Strong focus on international currencies and multi-currency support. ◦ Cons: Interface can be less intuitive.
  7. Mobills ◦ Features: Budgeting, expense tracking, and bill reminders. ◦ Pros: User-friendly interface and useful categorization of expenses. ◦ Cons: Ads in the free version.
  8. EveryDollar ◦ Features: Zero-based budgeting, expense tracking, and goal setting. ◦ Pros: Simple and easy to use for Dave Ramsey fans. ◦ Cons: Limited features in the free version.
  9. Tiller Money ◦ Features: Spreadsheet-based budgeting, daily expense tracking, and financial templates. ◦ Pros: Customizable and integrates with Google Sheets and Excel. ◦ Cons: Free trial for 30 days, then it becomes a paid app.

Paid Apps

1. YNAB (You Need A Budget) ◦ Features: Comprehensive budgeting, goal tracking, reports, and workshops. ◦ Pros: Highly effective budgeting system with community support. ◦ Cons: Requires a subscription ($14.99/month or $99/year).

2. PocketSmith ◦ Features: Budgeting, forecasting, calendar-based financial planning, and multiple currency support. ◦ Pros: Detailed forecasting and scenario planning. ◦ Cons: Higher learning curve and costs ($14.95/month for the Premium plan).

3. Quicken ◦ Features: Comprehensive financial management, including budgeting, bill pay, investment tracking, and reporting. ◦ Pros: All-in-one solution for personal finance. ◦ Cons: Desktop software with yearly subscription starting at $34.99.

4. Personal Capital ◦ Features: Investment tracking, retirement planning, budgeting, and wealth management. ◦ Pros: Strong tools for investment and retirement planning. ◦ Cons: Expensive advisory services for premium features.

5. EveryDollar Plus ◦ Features: Zero-based budgeting, bank synchronization, and expense tracking. ◦ Pros: Easy-to-use and integrates with Dave Ramsey’s financial principles. ◦ Cons: Subscription cost ($12.99/month or $79.99/year).

6. Mvelopes ◦ Features: Envelope budgeting, financial planning, and debt reduction tools. ◦ Pros: Traditional envelope budgeting with digital convenience. ◦ Cons: Subscription-based service starting at $6/month.

7. Moneydance ◦ Features: Personal finance management, investment tracking, online banking, and bill payment. ◦ Pros: One-time fee with robust features. ◦ Cons: Less user-friendly interface.

8. Banktivity ◦ Features: Budgeting, investment tracking, bill management, and financial reporting. ◦ Pros: Comprehensive features for Mac users. ◦ Cons: One-time fee of $69.99, no Windows version.

9. CountAbout ◦ Features: Budgeting, expense tracking, and import capabilities from Quicken and Mint. ◦ Pros: Ad-free with customization options. ◦ Cons: Subscription cost starting at $9.99/year.

10. Simplifi by Quicken ◦ Features: Budgeting, expense tracking, goal setting, and financial insights. ◦ Pros: Modern design with intuitive interface. ◦ Cons: Subscription cost of $3.99/month.