Budget planning and expense tracking are important for maintaining financial stability and achieving future financial goals. There are many different apps on smartphones and tablets these days to help you plan your budget and keep track of your daily, monthly and yearly expenses.
In this article, we are going to review 5 of the most popular budget planning and expense tracking apps for iPhone and Android users:
1- Mint app:
Mint is designed to help users manage their money and control their spending by tracking spending, expenses, investments, and debts.
One of the best features it offers is the ability to link all of your bank accounts in one place, allowing you to connect them all and easily track your expenses and income. You can also choose how much money you want to spend each month, track your progress toward those goals for the month, and access detailed reports on your monthly spending.
Mint is also secure, easy to use, and uses encryption to protect your banking and financial information.
Mint is available for free on the App Store for iPhone users and on the Google Play Store for Android users with an in-app subscription.
2- Honeydue app:
This is an app that helps couples better manage their joint budget. Users can add their bank accounts, credit cards, and monthly bills to the app and track their income and expenses together.
This app helps manage accounts easily and efficiently, saving time and effort from manually managing money and tracking expenses. It allows adding multiple payment categories, such as B: monthly bill category, personal spending category, etc., adding a maximum spending limit for each category and the application will remind you when you and your partner are close to this limit.
Honeydue is available for free on the App Store for iPhone users and on the Google Store for Android users with an in-app subscription.
3- Monarch Money App:
Monarch has an easy-to-use interface and offers a variety of features to control your spending and personal budget. With this application, you can keep track of all your financial accounts by adding all your bank accounts or credit cards and you can also add multiple accounts of family members to better track family expenses.
Monarch helps users easily create and track their personal budgets. You can add details of your monthly expenses and categorize them into categories like rent and groceries. Set budgets for each category and track your spending for the month. You can also add financial goals, for example, save a certain amount each month and track your progress toward those goals.
Another feature offered by Monarch is the ability to set alarms to remind you to pay your bills when they are due.
The Monarch app is available for free for iPhone users on the App Store and for Android users on the Google Play Store with an in-app subscription.
4- Rocket Money App:
Rocket Money allows users to create personal budgets and accurately track expenses and income. Bank accounts can be added to the app, financial goals can be set, and progress towards those goals can be tracked.
The Rocket Money app is free for iPhone users on the App Store and for Android users on the Google Play Store with an in-app subscription.
5- PocketGuard App:
The application has an easy to use interface and provides users with many useful features to keep track of their daily, monthly and yearly expenses. Provides a comprehensive monthly expense report. Users can set specific goals for saving or spending accordingly.
PocketGuard also allows users to monitor all their bank accounts in one place. Users can securely add their bank accounts to the app and all their banking transactions will automatically appear on the app. You can also schedule all recurring expenses such as bills and subscriptions, and get reminders of upcoming due dates and bills.
PocketGuard is available for free on the App Store for iPhone users and on the Google Play Store for Android users with an in-app subscription.