Where does all the money go by the end of each month? Put a budget-tracking app on your smartphone, and you'll no longer need to wonder. If you're vowing to get serious about your spending in time for the holiday shopping season, there are plenty of apps that can help you easily set a budget and log your expenses on the go. Here's a selection of our favorite budgeting and personal finance apps for Android and iOS devices.
PocketGuard (Android, iOS) is an all-in-one bank account tracking and budget management app that shows you how much you've got in your accounts, as well as how much you can afford to spend for the day. The app connects to your bank and card accounts through an encrypted, read-only connection, allowing you to quickly view the status of your accounts and transactions while remaining secure. The app automatically sorts your purchases, subscriptions, and bill payments, and factors in your previous spending factors to provide you an estimate as to how much you can safely spend from your accounts without going into the red.
Home Budget with Sync (Android, iOS) is a solid budgeting and expense management app with a neat Family Sharing feature that allows users to easily set a budget, and then sync income and expenses between multiple devices. Home Budget allows users to create a budget, manage income amounts and easily log and categorize expenses over time. Users can easily track purchases and learn about their spending habits with charts, infographics or itemized lists of purchases. The real selling point though is the family sharing, which syncs your budget and purchases, allowing you to easily coordinate your bills and expenses with family members or friends.
Wally aims to bring all of the financial information you need into easy view so you can quickly take control of your finances. Users can set a savings target, spending budget and income, which you can quickly reference on the main screen. We like that you can quickly create and view expenses, keep track of money saved and saving goals. Neat features include social and location tools for your expenses, allowing you to record not only how much you spend, but also where and with who, as well as detailed infographics of your spending.
Dollarbird (Android, iOS) takes a collaborative, calendar-centric approach to budgeting and expense tracking. You can add, remove and edit expenses and income past and future in a calendar-style view, with some AI help to categorize your expenses and income. You can then view your expenses and income in calendar and timeline mode, or via a series of handy infographics on your mobile device or through a web interface. Premium users can create multiple budgeting calendars and share them with other users to collaboratively manage and log finances and expenses — great for small teams or families.
Clarity Money (Android, iOS) is a free personal finance app that helps you manage your budget and save money through a variety of means. Users link their bank and card accounts to the app, and Clarity then analyzes your spending behavior and identifies opportunities to save money, such as discounts and coupons for your bills, pointing out subscriptions that you might not be using, and helping you build a budget and track your spending. Users can also set a savings goal, with Clarity Money taking a set amount from your bank account periodically to deposit in a savings account.
Wela is another personal finance app that takes the all-in-one approach to your financial management, with users able to link their bank and card accounts to the app in order to get a quick overview of their financial situation as well as unleash Wela's AI assistant for financial advice. Users can monitor their income as well as track and categorize their expenses, as well as get an overview of their linked investments and net worth. The AI chatbot Benjamin can provide finance and savings advice based on your personalized goals, with premium services available if you set up a Wela Strategies investment account.
Where other budget planning apps help you log your spending in order to help you save, Unsplurge takes a slightly different tack by encouraging users to save so that they can pay for a splurge or an expense. Users choose a goal they want to aim for, such as a vacation, a shopping spree or paying off a large debt, as well as a target value saved. Then, every time you manage to avoid an expense or set aside money, you log it in Unsplurge in a private note, or in a post that you can share in the app's community. The app's goal-centric approach is a bit different from how many other budgeting apps work, but it's a nice way of going about things.