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5 Tips to Pick the Best Personal Finance App

5 Tips to Pick the Best Personal Finance App

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Personal finances are a delicate matter and organizing them is usually a bit of a challenge. Apps can help but selecting the right one for your needs may take some time. Check out our tips on how to pick the best personal finance software for you.

Keep reading below or...

Go To Best 10 Apps for Personal Finance
  1. Find a Simple App & Do Things the Easy Way
  2. Look for Free Software to Keep Your Budget in Check
  3. Focus on Money Management & Maximize Your Profit
  4. Opt for an App Specializing in Solving Debt Problems
  5. Search for an Online Forum to Discuss Money Matters

Money is no laughing matter. Poor management of it can easily lead to some pretty serious consequences such as debt. No matter how much or how little you have, you should always make an effort to keep your finances in check and see to it that your money works for you. Taking care of personal finance with the help of apps is a convenient way to go about this. But how do you choose the right piece of software? Read on and we'll offer you some neat advice on the topic.

So not everyone is tech-savvy. Navigating complex menus and fighting with a particularly complex layout can easily give you a headache. There is no need to make the situation more complicated than it already is. If you need a simple home budgeting app and don't have any massive expectations, opt for an easy-to-use yet effective piece of software to take care of the basics.

Of course, each user is different and each person will need a unique set of options to cover their needs. When picking an app, always know which features are of greatest importance to you. A simple app specializing in your way of doing finances is always better than a large, clunky one that superficially covers a bit of everything.

When it comes to managing your money, it is always good to cut on unnecessary spending. Your budget should be tailor-made to focus on your needs and exclude small expenses that, in the long run, can burden you and blow a hole in your plans. If you're looking to be particularly frugal, you can even save on smartphone apps by opting for the free version. An app dealing with personal finance does not have to come with a price tag. There are more than a couple of free ones that do the job just fine.

Of course, if your needs are more complex and you want to manage multiple accounts, you might want to consider investing in your software. Regardless of whether you're using an iPhone or an Android smartphone, a paid app could open the door to a wealth of new options and really let you take full control of your money.

Perhaps the most important step in getting your finances in order is knowing how much goes in and out every month. Multiple sources of income can easily lead to confusion and money management becomes a problem the minute more variables are inserted into the equation. If you're a freelancer or simply have multiple employers, it may be best for you to find an app that focuses on that sort of situation.


Of course, expenses are equally important when it comes to personal finance. We all have plenty of bills to pay, perhaps a dependent or two, and have to juggle quite a few other factors that require payments on a monthly basis. In order to take easier care of this, you can always choose a piece of software that will track your expenses, let you control your payments, and make the most important ones automatic.

Now in case you happen to have investments on the side, you will also need an app that lets you control them. Perhaps one of the best business tips you can hope to receive is to diversify and always look to have your cash working for you. Your goals will become a lot more attainable.

Not everyone's financial situation is going to be rosy. In fact, problems like debt are more common than you think. If you're looking to get yourself out of such a pickle, it is important that you choose an app that, among other things, focuses on debt management. This will help you pay it all off and get back on your feet.

Of course, debt is the most extreme situation. Your loans do not have to balloon to such an extent as to push you into insolvency. Prevention is the best cure and taking care of your money, in time, can make a huge difference. In case you have a car or a cash loan, make sure to download an app that will allow you to manage this segment of your personal finance.

Indeed, larger undertakings such as saving for retirement or buying a house will always be a comparatively complex affair. If you are making big plans, you will want to get an app that will allow you to manage them. Always take the time to read the reviews and pay attention to what other users are saying. It will help you discover software that has all the features you need. A built-in mortgage calculator could make a massive difference in the way you approach your long-term goals.

At this point, multi-purpose apps are the norm. Few if any perform only one function. Software devoted to personal finance is no different and will come with quite a few bells and whistles attached. Some of it will be useless to you while the general majority will prove very handy. An online forum could perhaps look like an odd addition to the mix but can often save you from headaches.

You can use such a discussion board to chat about bank accounts and credit cards with other users or even consult experts on the topic. Some will be focused on budgeting while others will have experience in real estate. It's always good to exchange opinions and learn interesting techniques of keeping your budget in check. Allow the wisdom of others to guide you through the effort of improving your situation.

Another good idea is to keep an eye on are apps that have a news feature built-in. Depending on your situation, this can make quite a difference, especially if your income depends on stocks or foreign investment. Get the latest financial news and make your decisions accordingly.

After considering our 5 Tips to Pick the Best Personal Finance App, you can take a look at the Best 10 Apps for Personal Finance and get your budget in order.

  • Mint is the free, effortless way to manage your money in one place.

    4.6 Ratings 1M+ Reviews 10M+ Downloads
    • This app is supe helpful. It helps you track your money and create and maintain a degree of financial intelligence in your life that the average person could certainly benefit from. I definitely recommend it to friends, family and coworkers: any body that could use it, and if you actually practice that discipline you will take control of your life. That is the truth.
      patrick feeney

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  • The #1 financial planning, expense tracking and personal finance management app!

    4.7 Ratings 239K+ Reviews 10M+ Downloads
    • Thanks u guys so much for developing such an amazing app. I have been using this app since my college years. This app helped me saved a lot by tracking my own spending. Now I m not on my own any more and would like to continue to track family expenses. Hope this app could have sharing features so that my wife and I can track our expense together.
      Hello123212321234567890

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  • Plan daily & monthly budget for free—save money, track bills, finance & income

    4.7 Ratings 24K+ Reviews 1M+ Downloads
    • This app supports me well to manage my finances .It is like my finance manager going with me where ever I go . I recommend this app to anyone who needs financial control and management in their income and expenditure .
      Enosha Hewaratne

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  • Budgeting app for personal finance: spending and expense tracker, money manager

    4.5 Ratings 149K+ Reviews 1M+ Downloads
    • It's been very easy to setup and use the app. Bank integration is super convenient. I am able to manage budgets and control spending. Kudos to the team... keep the good work going...
      Sowmy Vj

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  • An easy and efficient budget app and expense tracker for managing your money.

    4.6 Ratings 158K+ Reviews 5M+ Downloads
    • I am lacking the search function by the name here. Other than that, no complaints even in this free version. Thinking about going into pro mode, as the design, interface is really perfect.
      Jane

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  • Budget planner and expense tracker that helps you win with personal finances.

    4.7 Ratings 51K+ Reviews 1M+ Downloads
    • We definitely have our finances much more under now that we use every dollar. We don't overspenders overdraft like we used to. It's pretty simple to use. The only annoying thing is that sometimes our bank kicks us out but I think that's more of a bank thing then a everydollar thing.
      Alisha Berrey

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  • Stay on top of your money, budget and bills from one secure personal finance app

    4.6 Ratings 7K+ Reviews 50K+ Downloads
    • For me, this is the first budgeting app that doesn’t feel like a pain to check every day, because the format is so streamlined :D I appreciate how it shows all of my transactions for all my accounts in one real-time feed, gives a breakdown of expenses in a pie chart, and says how much money I have left to safely spend this month. I love how simple the format is, because too many bells and whistles discourage me from using apps.
      Asmalasmall

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  • A personal finance tool & home budget maker for tracking expenses & cashflow

    4.6 Ratings 820 Reviews 50K+ Downloads
    • This app is great. Very easy to use and understand. It will definitely help me keep on top of my budget. One suggestion: dark mode, please! It's easier on the eyes.
      Susie Cox

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  • 💰 An easy way to keep track of expenses. Quick budget. Personal finance manager

    4.6 Ratings 73K+ Reviews 1M+ Downloads
    • Great app & brilliant support. Easy to use & if you are unsure how to do anything support replies quickly (within a day when I tried). You can set up recurring income/expense. I have the lifetime version and can add as many accounts/cards as I need & also description icons. Can have sub descriptions too (eg shopping icon can have different shops as sub categories). Visually it's not over complicated and easy to see what your expenses /income has been.
      Chelle Holden

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  • #1 budget planner, bill tracker and reminder. Manage your subscriptions & bills

    4.5 Ratings 26K+ Reviews 1M+ Downloads
    • I’ll have to admit, upon first using and interacting with this app, I wanted to put my head through a plate glass window. The reason for this was I had assumed it was like ALL the rest. Turns out, it’s not!! As you progress through the use of Truebill, one discovers how financially helpful this app really is! I started connecting all of my bills. I started looking over my credit score. The further and further I go, looking my budget is starting to become apart of my daily routine as Truebill being a to adapt and learn my spending habits. To make a long story longer: it’s worth it. Buy this app. Get your finances back in order. What better place than here? What better time than now? 🤘🏼🖤
      The Rory Storm

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