Currently, many of the best Android apps for personal money management are made by small companies with puny resources, rather than by large and famous enterprises. Their apps are simple, practical and easy to use, but they also contain powerful functions that support everyday financial management. We list some of the most useful/popular personal finance Android apps out there right now:
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Best Apps For Money Management Android
Ivy Wallet
Ivy Wallet: money manager
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Ivy Wallet: money manager
Developer: Ivy Apps
Price: Free+
Ivy Wallet is one of the newest kids on the block and is getting rave reviews from the users. It’s beautifully designed and looks very different from the other expense tracker apps in the market. Full marks to the developers for the amazing job they have done on that.
It supports multiple accounts. So, you can track the balance and expenses in your cards, bank accounts and cash separately. It also supports multiple currencies as well as cryptocurrency, how cool is that?
With Ivy Wallet, you can plan your payment in advance to have better control on your expenses. All the expenses can be categorized for better management and reporting.
It also supports syncing and backing up all the expense data to Ivy Cloud as well as exporting them to CSV format (Google Sheets and Excel).
To learn more, do check out my in-depth Ivy Wallet review.
Walnut
Walnut: Expense Tracker & BNPL
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Walnut: Expense Tracker & BNPL
Developer: Thumbworks Technologies Pvt. Ltd.
Price: Free
Walnut is a very popular money management app that comes with a host of other useful features. Being fully automated, it tracks your expenses by reading your SMS inbox and extracting necessary information. The information is categorised by expense type, merchant, etc. and used for generating very useful breakdown and analytics. It supports data export to CSV and PDF formats.
On top of that, it can locate nearby ATMs, trigger Credit Card payment reminders, check bank balances and track cash flows in Credit Cards, Digital Wallets and Sodexo cards. It comes with a handy additional feature to split bills with friends.
Walnut supports BHIM UPI for sending & receiving money.
Note: Walnut is an India specific app and will not cater to users from other countries.
Money Manager
Money Manager Expense & Budget
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Money Manager Expense & Budget
Developer: Realbyte Inc.
Price: Free+
Money Manager is one of the top expense tracker apps for Android and receives regular updates from the developer. It is also one of the most visually appealing budget tracker apps on Google Play.
It applies a double-entry bookkeeping accounting system to take care of the cash flow in multiple accounts. It displays the statistics in the form of beautiful graphs, bars and pie charts. To keep your financial data secure, it comes with an inbuilt passcode lock. You can export your data to an Excel sheet and import it back likewise.
Although it is an ad-supported free app, it comes with an optional upgrade with enhanced features.
Expense Manager
Expense Manager
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Expense Manager
Developer: Bishinews
Price: Free
Expense Manager is another big name in the space of Android budget apps. On the lines of Andromoney, this app sports a simple UI. Yet it comes packed with all the important features you’d expect from an expense tracker app.
It supports multiple accounts and categories. It has a handy bill organiser; you can schedule all your recurring bills along with alerts. The analytical reports are visually minimal yet to the point, with charts for different categories, payee/payer, payment methods, etc.
The app syncs all your data to Google Drive or Dropbox or saves it on your SD card.
It also comes with a few additional features such as a currency converter, loan calculator and interest calculator.
It is an ad-supported 100% free expense tracker app without any paid version.
Mint
Mint: Track Expenses and Save
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Mint: Track Expenses and Save
Developer: Intuit Inc
Price: Free+
Mint is a feature-rich expense management app. It comes from the house of Intuit which knows what it’s doing. And it shows.
It is one of the few budget tracker apps that hits the right balance when it comes to simplicity and sophistication.
Mint is more than your regular budget tracker app. The app is a full-fledged platform that helps monitor your financial well-being. It boasts a powerful expense tracker, account management, cash flow and ready-to-digest clean analytics.
In addition to the above, it gets you your credit score and credit report and can help you with home loans through their associated financial lender.
Monefy
Monefy – Budget Manager and Expense Tracker app
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Monefy – Budget Manager and Expense Tracker app
Developer: Reflectly
Price: Free+
Monefy is a good budget tracker app. It does the job well, however, I’m not a fan of its user interface. Again, it’s a personal choice; if you don’t mind, you can give it a shot.
It has all the basic functions you need. It supports multiple accounts, default and custom categories and multiple currencies. You can set up recurring payments, plan your budget and get your cash flow updated in charts by categories.
For security purposes, it allows you to set up a passcode. The ability to sync your data with Google Drive or Dropbox gives added peace of mind.
Wallet
Wallet: Budget Expense Tracker
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Wallet: Budget Expense Tracker
Developer: BudgetBakers.com
Price: Free+
Wallet by Budgetbackers is an excellent choice when it comes to Android expense tracker apps. Although it doesn’t have the exciting UI aspects or the usability akin to certain apps in our list, it doesn’t disappoint with its vast features.
The app supports automatic updates of transactions with some 3500 participating banks as per its official Google Play page. It comes with all necessary functionalities such as multiple account support, categorised reports, import/export of data to name a few.
It also allows you to share your expense data with someone you trust.
Goodbudget
Goodbudget: Budget & Finance
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Goodbudget: Budget & Finance
Developer: Dayspring Partners
Price: Free+
Goodbudget is another heavyweight on the list of the best money management apps for Android. It categorises your expenses in the form of envelopes (familiar old school magic). You can set goals, schedule recurring transactions and get detailed income vs. spending reports.
This app can keep your data synced across multiple devices. It also has a web interface for PC users. You can export your data in CSV format too.
It is an ad-free free app with limited functionality which you can extend by opting for a premium subscription.
iSaveMoney
Budget planner—Expense tracker
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Budget planner—Expense tracker
Developer: DigitLeaf, llc
Price: Free+
iSaveMoney is a beautifully designed app. It is consistently rated among the best Android budget apps and rightly so.
It has a comprehensive budget planner consisting of in-built templates and the option to create custom ones. There’s an option to set up your recurring payments. A robust reporting dashboard presents your cash flow in a logical and easy to grasp manner.
The app has in-built speech recognition which adds a layer of innovation and usability not common among the competitor apps. Another great feature is the budget forecast which can analyse your past expenditures and predict your cash flow for the next 6 months.
The app supports exporting your data in CSV format to Google Drive or Dropbox as well as syncing it with its native cloud servers. Be assured that your data is safe in the event that you need to change your device.
Splitwise
Splitwise
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Splitwise
Developer: Splitwise
Price: Free+
While Splitwise is not your usual expense tracker app, it is hard to ignore when we talk about the best Android apps related to budgets and expenses. It is the most popular app for splitting expenses among friends and family, no doubt about that.
All you need to do is create a Group for the expenses, say “Apartment”, add your roommate(s) and start recording your household expenses. At any point in time, the app shows how much you owe each other. Whenever you feel like it, settle up with cash or integrated online fund transfer channels. It’s all that simple! No wonder SplitWise enjoys a massive following of users who swear by it.
Best free money manager app
Mint, for just about everything
Why we recommend it: Let’s start with Mint’s very high ratings in both the App Store and Google Play. (It also has, by far, more reviews than any other app we reviewed.) It’s free and syncs many kinds of accounts: checking and savings, credit cards, loans, investments and bills.
As far as the actual budgeting, Mint automatically puts your spending into budget categories. You can personalize these categories, which are unlimited. You set limits for these categories, and Mint lets you know if you’re approaching those limits.
Besides those budgeting features, Mint may help users pay down debt, save more money and track goals. The app also shows users their credit score and net worth. Bonus: Mint provides tons of support for using the app, including a detailed FAQ and a list of “known issues.”
Why you may want to think twice: Mint is impressive in many ways, including the fact that it tracks just about everything on your behalf. But that may not be ideal if you’re looking to be more actively hands-on in your budgeting. If you’re searching for an app in which you plan ahead for your money, rather than track it after the fact, other apps on our list may work better for you.
Cost: Free
Apple store rating: 4.8
Google Play rating: 4.5
Note that all ratings were current as of Dec. 15, 2021.
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Goodbudget, for hands-on envelope budgeting
Why we recommend it: Goodbudget is more about planning for your finances than tracking previous transactions. This app is based on the envelope budgeting system, in which you portion out your monthly income toward specific spending categories (called envelopes).
This app doesn’t connect your bank accounts. You manually add account balances (that you can pull from your bank’s website), as well as cash amounts, debts and income. Then you assign money toward envelopes.
You can access the app from your phone and the web. You’ll also find many helpful articles and videos that help you use the app.
Goodbudget offers a free version that allows one account, two devices and limited envelopes. Its paid version, Goodbudget Plus, allows unlimited envelopes and accounts, up to five devices and other perks.
Why you may want to think twice: Because you can’t sync financial accounts, you must enter every expense. If you’re not up for that work, the app probably won’t be effective.
Cost: Goodbudget is free. Goodbudget Plus is $7 per month or $60 per year.
Apple store rating: 4.7
Google Play rating: 4.5
Nerdy tip: Want to try envelope budgeting and sync your accounts? Check out Mvelopes. It didn’t quite make our list but follows the same budget system and allows you to link bank accounts.
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YNAB, for hands-on zero-based budgeting
Why we recommend it: YNAB is designed so that users plan ahead for their financial decisions, rather than track past transactions. This app follows the zero-based budgeting system, which has you make a plan for every dollar you earn.
As soon as you get paid, you tell YNAB how much of your income should go toward various categories, including expenses, goals and savings. The idea is that you become more intentional with your money when you’re prompted to actively decide what to do with it.
With all this decision making, YNAB is about as hands-on as you can get. To help users trek up that learning curve, YNAB’s website offers many educational resources describing exactly how to budget and use the app.
YNAB allows you to link your checking and savings accounts, as well as credit cards and loans. The app works on the phone, desktop, iPad, Apple Watch and Alexa.
Why you may want to think twice: You have to be committed to keep up with YNAB. By design, it works best for users who want to get hands-on while planning for their money. Also, compared to the other apps that made our list, its price is high, and its Google Play ratings are low.
Cost: Pay either $14.99 per month or $98.99 per year, although you can try it out in a free 34-day trial. College students can use YNAB for free for a year.
Apple store rating: 4.8
Google Play rating: 3.2
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EveryDollar, for simpler zero-based budgeting
Why we recommend it: This apps offers a zero-based budgeting framework that’s simpler (and perhaps easier to manage) than YNAB.
First, an explanation of the names: EveryDollar is a free budgeting app. But, to get the app’s extra features, you must become a Ramsey+ member. In addition to a beefed-up version of EveryDollar, a Ramsey+ membership includes other, off-app features, such as audiobooks and courses.
The free version is simple, in part because you don’t sync accounts. You manually enter incoming and outgoing money throughout the month. You also categorize line items in your budget and set reminders for bill payments.
If you sign up for Ramsey+, you can connect your bank accounts so it’s simpler to track transactions. You can also track debts, see reports on how you spent your money and print your transaction history.
Why you may want to think twice: The free version of EveryDollar is pretty bare-bones, and the Ramsey+ membership is more expensive than any app on our list. Also, the app’s website offers few resources to help you understand how to use the app before signing up for a trial.
Cost: The basic version of EveryDollar is free. To access more features, you must join Ramsey+, which you can try for free for 14 days. After the trial, you can pay $59.99 for three months, $99.99 for six months or $129.99 for 12 months.
Apple store rating: 4.8
Google Play rating: 4.2
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Personal Capital, for tracking wealth and spending
Why we recommend it: Personal Capital is primarily an investment tool, but its free app includes features helpful for budgeters looking to track their spending.
You can connect and monitor checking, savings and credit card accounts, as well as IRAs, 401(k)s, mortgages and loans. The app provides a spending snapshot by listing recent transactions by category. You can customize those categories and see the percentage of total monthly spending each category represents.
Personal Capital also serves up a net worth tracker and portfolio breakdown. The app can be accessed through both phone and desktop.
Why you may want to think twice: If your goal is to plan out your spending and saving, you may want to go another route. This app’s budgeting features helped it make the list, but its investment tools are what make it unique. Other apps have more in-the-weeds budgeting capabilities.
Cost: Free
Apple store rating: 4.7
Google Play rating: 4.4
Nerdy tip: Another app worth checking out is Copilot (iOS only). That app tracks investments, in addition to tracking and categorizing expenses.
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PocketGuard, for a simplified budgeting snapshot
Why we recommend it: PocketGuard’s catalogue of features isn’t the most robust on our list, but that’s part of why we like it. The app is big on simplifying.
You can connect your bank accounts, credit cards, loans and investments and track bills. With that intel, the app shows how much you have left to spend after setting aside funds for necessities, bills and goals.
PocketGuard also tracks your net worth and gives you the option to not link your accounts and instead track your finances manually. The paid version, PocketGuard Plus, offers a debt payoff plan, the option to export your transactions and other features.
Why you may want to think twice: This app does a lot of work for you. That’s good for a mostly hands-off experience, but less so if you want to plan for your money. Also, a heads up for Android users: PocketGuard also has one of the lowest Google Play scores in our list of best budget apps.
Cost: Basic PocketGuard is free. PocketGuard Plus is $7.99 per month, $79.99 per year or $99.99 for a one-time lifetime purchase.
Apple store rating: 4.7
Google Play rating: 3.6
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Honeydue, for budgeting with a partner
Why we recommend it: Honeydue is designed so you and your partner can view both your financial pictures in one app. Both partners can sync bank accounts, credit cards, loans and investments. (Although you can choose how much you share with your significant other.)
The free budget app automatically categorizes expenses, but you’re also able to create custom categories. Together, you can set up monthly limits on each of these categories, and Honeydue will alert you when you or your partner is nearing them.
Honeydue also sends reminders for upcoming bills and lets you chat and send emojis.
Why you may want to think twice: Like a few other apps on our list, Honeydue leans more toward reflecting and learning about past transactions, rather than planning ahead for expenses.
Cost: Free
Apple store rating: 4.5
Google Play rating: 4.0
Nerdy tip: Zeta Money Manager and Firstly (previously Honeyfi) are also designed for multiple people to see their finances in one app.
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Fudget, for budgeting without syncing accounts
Why we recommend it: Consider Fudget if you’d rather not sync financial accounts and would prefer a straightforward, calculator-esque interface over fancy features.
In Fudget’s ultra-simple design, you make lists of incoming and outgoing money and track your balances. There aren’t even any budget categories. The Pro account allows you to also export your budget, along with other extras.
Fudget, which is new to our best budget apps list, has a Google Play rating that’s higher than any of the other apps we reviewed and an App Store rating that ties for the highest score with a few other picks.
Why you may want to think twice: This app is likely too simple for you if you’d prefer categorization of expenses, insights or just about anything else besides the basics. And if you don’t have it in you to log every expense, it’s likely best to look elsewhere. We also didn’t find much in the way of user guides.
Cost: Free for Fudget; $3.99 one-time purchase to upgrade to Fudget Pro.
Apple store rating: 4.8
Google Play rating: 4.6
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Budgeting resources from NerdWallet
NerdWallet has a free app that lets you track your cash, see your net worth and debt, and track your credit score. We chose not to include ourselves in the list above in order to present an unbiased view.
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