Budgeting Apps to Track Your Income and Expenditure

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We have all been there, staring down at unpaid bills with our thoughts fresh on how we went on a spending spree instead of handling all the necessary expenses.

There have many ways of frugal living but you have maybe tried all of them but nothing seems to work.

Don’t despair with your smartphone and some really helpful apps you can solve this persistent problem. Here are some of the apps I found useful:


Mint has been in the market for quite a long time considered one of the best budget apps has set a standard for the other apps that have come after it. It has quite good features such as;

  • The app automatically updates and categorizes transactions
  • It also creates a picture of your spending in real time using colored charts and graphs.
  • Flexible budgeting tools allow for experimenting with different scenarios.
  • Bill and money management and you can use it to pay your bills if you choose to.
  • multi-factor authentication (for security).
  • Credit score

The budget app also includes a lot of personal advice for making smart financial decisions.

However, it works best if you have accounts with major bank brands that can connect to Mint.com. a major drawback is that it does not support multiple currencies it only supports the US dollar and Canadian dollar.

You can find it for free on App Store and Google Play and also the Web.


Not only is Acorn a budgeting app but it’s a saving and investment tool as well.

It helps the user to save money by rounding up purchases to nearest dollar and harvesting the change to your robo-managed investment account. Acorns is best for college students, hands-off investors and people struggling to save.

It is accessible on App Store, Google Play and the Web. For students with valid.edu email address they can use the app free for years while others pay $1, $2 or $3 depending on the package you choose.


This app is straightforward and is focused on showing you in a precise ay how you are going to budget.

It shows the relation between your financial data and your average spending habit precisely showing you where your money goes. It is relatively easy to connect to your bank account

It calculates your money to show you how much money is left after accounting for bills, spending and savings goal contribution.

Furthermore, it gives you financial advice and suggestions for example it even searches the web for better deals on cable, internet, and cell service narrowing down on misspending.

It is available in the following platforms: App Store, Google Play and the Web.

You Need A Budget (YNAB):

It has revolutionized budgeting to cater for your unique income to the last penny.

This leaves no dollar unaccounted for therefore every dollar is carefully spent.

YNAB connects with your credit cards and accounts and imports all transactions into the budget app’s database.

It has a colorful interface that quickly adjusts your budget according to the changes in the current financial situation.

In addition, it has a feature called “budget inspector” that plans for future spending considering the expenses you will have I the near future in order to meet your financial goals.

It is available on Apple Store, Google Play and the Web.


Sometimes linking your bank account to your budget app can be quite hectic, so I recommend checking out Wally. It enables you to enter all your expenses and income manually to the app and it displays the data in a simple interface.

The merit about using Wally is that unlike some apps it supports other currencies other than the US dollar making it rather relevant globally.

It can be accessed freely on App Store and Google Play.


This is another well organized app that narrows down on your expenses to the specific categories such as phone bills, internet etc.

They employ a system called the “envelope system” whereby each category is represented by ‘envelope’ that you place defined amounts of money renewed every month.

It can be accessed by more than one user on different devices.

There are also simple ways to see exactly how the percentage of your spending in certain categories affects your budget, and how much you have left to spend in a category before you are required to stop.

This is a good way of controlling a specific area of your spending life. It also allows you to manually import transactions via an activity file downloaded from your bank’s website.

It is accessible on Apple Store, Google Play and the Web.


This app is more about investment rather than budgeting in order to handle basic expenses.

Personal Capital offers a comprehensive management of your investment by using a combination of human and robot financial advisors.

Personal Capital users can track investments and create models for retirement, college savings and other life events.

Personal Capital’s account minimum is $100,000, and financial advisory services come with a fee of 0.89% of total managed assets.

It is accessible on Apple Store, Google Play and the Web.


The app basically tracks your spending habits since it is given access to your checking account.

It carefully learns your spending habits based on your various spending patterns and it considers your upcoming bills, expected purchase and the minimum you need in your checking account in order to put money into your savings automatically.

You will save a significant of money without even thinking about since it does the whole process for you.

After signing up with Digits you get to use free for 30 days from when you pay a monthly fee of   $2.99. It is accessible on Apple Store, Google Play and the Web.


Simple is simply impressive first and foremost is the fact that it links to your bank account directly therefore your bank and budget plan are on the same place hence it easier to control your finances since it is all on one place.

Secondly, it tracks your income and spending automatically and it has a goal feature to motivate your savings.

Thirdly it has a feature called Safe-to-Spend® that tells you if you are on track for budgeting or if your plans would affect the whole process.

You can access it freely on App Store, Google Play and the Web.


Like GoodBudget it employs the idea of budgeting by the “enveloping system “that puts expenses into various categories each with its own financial threshold.

You can connect Mvelopes directly to your financial institutions, including bank and credit card accounts, for a continually updated look at all of your financial transactions.

It has different money plans but the basic plan is free. Transactions are automatically categorized but you can still manually edit your categories.

Since it is connected to your bank account you are able to check your account balances and transactions.

You can access it freely on App Store, Google Play and the Web.


I find Prism to be basically a bill management app that lets you   pay your bills and see them from a single app.

The process is as simple as just linking all the bills to your app then next you link your payment accounts that is your checking account and credit card account.

From there prism manages your bills and always alerts you when you should schedule bill payment.

You can access it freely on App Store and Google Play.


This app is more focused on transactions focused on optimizing credit card rewards that tells you which of your credit card is best to be used for a particular merchant and how much of your credit limit you have utilized.

Basically, they help you to assess the value of every credit card in your wallet.

You can access it freely on App Store, Google Play and the Web.


AndroMoney is one of the most popular and successful budget apps   on Google Play.

The app offers cross-platform support for the web and iOS as well.

It has some impressive features that includes: multiple accounts, support for account balances and transfers, budgeting functions, support for multiple currencies, and backing up to Excel if needed.

The design is aesthetic and the analytics are laid out in a concise and simple manner. You can access it freely on App Store, Google Play and the Web.


Monefy is one of the simplest apps to use   and since no one really likes a hard to use app users find it user-friendly therefore contributing to its popularity.

It has features such as various currency support, a built-in calculator, passcode protection and Dropbox integration.

You can enter data manually and no bank information is required of you.

You can access it freely on App Store, Google Play, Microsoft Store and the Web but for Pro version costs $2.50.


Money Manager is an effect app for budgeting money.

It features a more visual experience so you can see where your money is going instead of just reading numbers.

You will get features such as a passcode lock, asset management, instant stats, and up to the moment bookkeeping.

MoneyManagers allows you backup and restore your data in case you need to switch devices.

It also outputs to an Excel spreadsheet if you ever need to export the data.

It’s free to download with the pro version going for $3.99 available on Google Apps and App Store.


Wallet is another brilliant budget and finance tool.

It aims to help you bring your disorganized financial situation under control as quickly as possible.  It is allowed to link your balance and transactions with your actual bank.

It boasts of features such as account sharing so you can share with your significant other or whoever.

It also supports multiple currencies, cloud syncing, warranty tracking, templates, shopping lists, and it can export to a variety of file types.

Financial insight and other metrics and predictions display in easy visualizations to help you plan out your finances. Although the app is free in App Store, Google Play and the Web in order to enjoy features such as bank syncing, widgets and more detailed charts and reports you need to pay $14.99 Premium.


As many other apps that can be linked to bank accounts, MoneyStrands is doing a pretty decent job. It has handy charts and graphs that will track how you spend your money.

Users can set personal savings goals and create a categorized budget and checking if you can slot in extra expenses   in your budget.

Another notable feature is the calendar feature that helps you figure out when you make most of your purchases and when income is injected into your finances.

The app is further linked to more than 500 financial institutions and is read-only finance and money management tool protected by 256-bit SSL encryption to keep your funds safe.

You can access it freely on App Store, Google Play and the Web.

Money Lover:

This is a finance toolkit that allows you to track your cash in hand and bank accounts, create  a budget  and also vie a breakdown of your spending through the use of infographics.

For the free package you get access to the basics such as entering expenses and building budgets to viewing and tracking your spending habits.

On the other hand, for premium package you get extra features such as receipt scanning and automate expense tracking.

You can access it freely on App Store, Google Play, Microsoft Store and the Web.


The app takes a calendar-centric approach to budget tracking and expense tracking.

You can manually edit expenses and income past and future in a calendar-style view with the help of an AI to help you categorize your entries.

It displays your expenses through infographics on your mobile device or through a web interface.

Premium users can create multiple budgeting calendars that can be accessed by more than one user especially families.

You can access it freely on App Store, Google Play, Microsoft Store and the Web.


Honeyfi is an app built around collaborative budgeting and household I mind basically family oriented.

You can link your household budget as well as your personal account to view all your expenses together.

Furthermore, you can create categories and have the app automatically recommend a budget and give you   financial advice.

It is available on App Store and Google Play Store.


Spendee features a user-friendly interface that comes with great budgeting and tracking tools whether you are a free user or subscriber.

Users can easily input and categorize expenses in a feed view while the Overview mode offers useful infographics on your spending over time plus a breakdown of what items and categories you are spending your money on.

It also has a budget creation tool.

Premium users get bank account syncing for automatic expense logging as cross-device syncing. You can access it freely on App Store, Google Play and the Web.

Clarity Money:

This is finance app that helps you manage your budget and save money through a variety of methods.

Users link their bank and card accounts to the app and Clarity analyzes your spending behavior identifying 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.

You can also set a savings goal with Clarity Money taking a set amount from your bank account periodically to deposit in a savings account.


In conclusion choosing a budget app cannot be a matter of outlying pros and cons of each app since each app has its own defects, some might be expensive others not very comprehensive.

So, it is better to choose an option that will really suit your current situation and your current financial goals or better still experiment each app to find out the best option for you. It is available on App Store and Google Play Store.

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