Best Expense Tracker Apps in India

Best Expense Tracker Apps in India

Top 12+ Best Money Management Apps in India

People say money is not important, but that makes sense only if they say it as a wealthy person. Today expenses are skyrocketing, so money is becoming increasingly important in all ways. On the other hand, it is not easy to manage money if you have multiple EMIs and expenses to handle. The probability is you may lose your hard earned money in many ways. So it is key to have a manager to manage your money. Don’t laugh if you’re a salaried person and your monthly salary is less than 1 lakh. I know you can’t have a manager to handle this, but virtual manager can help you.

There are hundreds of personal finance mobile apps in the market developed by top mobile app development companies in India, USA and UK, but all are not secure and reliable. So it is very important to choose the reliable one. Here is a list of top 10 reliable personal finance apps.

Best Personal Finance Apps to Manage Loans and Expenses

1. Money Lover

Money Lover bagged Editor’s Choice award for its cool features and reliability. This app helps you perfectly understand where your money is flowing to. The expense tracker tracks your expenses effectively. To enable this, you just have to input the category and punch in the amount. The app also has a budget planner, which is weekly, monthly and yearly. The app sends you a detailed report of your every expense, so you can easily tweak your expenses to save money. The app synchronizes your expense details across various devices, so you can get access to your expense details wherever you are. You can also create a separate section for your travel expenses, so tracking would be facile.

2. Money View

Money View app features automated data entries, which eliminates the hassles of manually entering your expenses. The app scans your SMSs to check your financial transactions and can even segregate your expenses according to bank. The apps also has a bill tracker and bill management section, which reminds you on paying your bills. If you are staying in an apartment with friends, you can leverage this app to segregate expenses. It even works amazingly during trips with friends.

3. MTrakr

MTrakr is one of the best apps to manage bank accounts, credit/debit cards and loans. Apart from managing your accounts, it also allows to store and organize your receipts and bills such as rental receipts and medical bills. And you don’t need to enter details manually. Instead, just take a photo of the receipt and upload and then the app itself register the expense in a specific category.

4. Financial Calculator

This app has Investment Calculator, so you can check your returns on investments, compound Interest, and TVM in a fraction of second. The Loan/Mortgage Calculator it has helps you take mortgage-related decisions easily. Other calculators it has are:

• Retirement Calculator for analyzing your savings
• Credit Card Calculators to check dues

5. Goodbudget – Budgeting & Finance Application

Goodbudget is a money manager and expense tracker application for personal budgeting.  This personal finance manager app is used for proactive budget planning so that you can keep tabs on your budgeting, bills, and finances.

Apparently, Carryover supports syncing across devices. This means you can share budget data with your budgeting partner. The apps, so to speak, get everyone on the same page with regard to household finances.

Key Features of the Application:

• Automatic and secure backing up of data to Goodbudget’s website
• Intelligent suggestions for payees and categories
• Match the budget period to your real-world situation
• Analyze your spending with the “Spending by Envelope Report”
• Keep track of your cash flow using the “Income vs. Spending Report”
• Easy CSV export of transactions
• Carry over unused funds to the next month

6. Realbyte – Money Manager Expense & Budget App

Realbyte Money Manager Expense & Budget App is a financial planning, expense tracking, and asset management app that works on both iOS and Android devices. It presents finance concepts in an easy-to-understand way.

Personal or business expenses can be tracked using this budget planner and spending tracker. Transactions can be viewed on a daily/weekly/monthly basis, and asset management facilities are available to you.

Main Features of the App:

• Double-entry bookkeeping system
• Management of budgets and expenses
• Debit and credit card management
• Instant view of statistics
• Bookmark and backup features

7. Monefy – Budget Manager and Expense Tracker App

There has never been a more effortless and joyful way to monitor purchases, bills, and anything else that takes money out of your pocket. It stands as one of the foremost budget and money-saving apps to help users put their financial life in better order.

Monefy keeps track of your spendings and evaluates them against your monthly income and budget planner. The money manager app of Monefy works hard in keeping your monthly budget in good condition.

Key Features of the App:

• An intuitive and simple user interface.
• The multi-currency option.
• Backup and export options made easy.
• Locked with passcode.
• Displayed as charts for spending distribution.
• Synchronization with a Google Drive or Dropbox account.
• Support for multiple accounts.
• Embedded calculator.

8. Bishinews Expense Manager App

Bishinews Expense Manager is a simple, user-friendly, and reliable yet feature-rich money management app. It brings expense tracking to the budget management right at your fingertips.

There are no hidden fees or in-app purchases; hence it is free for all to use.

Key Features of the App:

• Organize bills by week, month, and year, as well as by category.
• Budget on a daily, weekly, monthly, and yearly basis, with a progress bar.
• Payment notifications.
• Filter your results by category, subcategory, payee/payer, payment method, status, description, tag, etc.
• Automated backup to Dropbox, Google Drive, and SD Card.
• Includes currency converter and tip, loan, pay-off, interest, and regular calculator.
• Sync to Google Drive or Dropbox account.
• No need for registration and Internet access.
• Record all items on a single transaction with different categories and amounts.
• Plan your recurring payments.

9. ET Money Mutual Fund and SIP app

ET Money — From the reach of Times Internet, ET Money is one of the popular personal finance app in India. You will be able to monitor the expenses and invoices as well as follow various tax saving schemes in your hand.

You can select among mutual funds, deposit accounts, insurance and pension plans

Features of the App:

• Available in eight Indian Languages
• Study your payee notifications
• AI powered search by voice
• Credit score estimation, free of cost
• Zero Hidden Charges while availing Services
• Apply for loans

10. Budget Expense Tracker Android app: Wallet

An app named Wallet, yet another top personal finance manager app made by the people behind market-leading personal finance management app is supposed to help you manage money better. It helps you in pre-planning for future financial management and aggregating all the Personal finance requirements under one roof.

With the help of Wallet, you can track your daily expenses automatically (by syncing bank account) and get weekly expense reports. The app teaches you to plan your shopping and lets you share specific features with your family.

Key Features of the App:

• Syncs transactions automatically and smart categorization
• Easy graphs & finance reviews
• Put your bills in order and include their payment due dates
• Look at upcoming payments and how that will affect your cash flow
• Particular accounts can be shared with family, friends or colleagues that require each other for budgeting.
• Prior contributions are possible on all platforms – Android, iPhone and the Web
• Has Multi-Language Support, Auto Cloud Sync, Receipt/ Warrany Tracking and some geo mapping of transactions, shopping lists and Exporting data to CSV/PDF

11. Dhani: UPI, Debit & Credit Cards

All-in-one financial and banking solution at Dhani You can view an instant Demat/trading account, personal loan taking and do all your payments through Dhani Wallet.

Dhani Zone and some other nice areas, which allows you to listen health and sleep podcasts as well as audio stories. Use your Dhani Rupay Visa Gold card for shopping at above mentioned number of stores across the country.

Features of the App:

• Financial Management for Easy and Simple
• Take personal loan
• Instant credit lines
• There are good economy health insurance plans
• Here you can start earning from the referral system

12. Zoho Expense Tracker App

So, this app is created for businesses to deal with all their daily spending automatically for reimbursements as well reports. It will with Zoho take auto receipt scanning and expand your business leaps and bounds. Report your spending faster and more accurately using Zoho Expense Tracker app and calculate the actual expenses for your business.

Key Features

• Reconcile business cards
• Automatically scanning expense receipts
• Get rid of a bad debt performance
• More complex multi-level approval hike
• Eases cost-accounting

Why Use a Money Management App?

Financial discipline is essential, especially when it comes to budgeting for monthly expenses! Monitoring income, spending and savings tally takes effort in one respect. This is the application cash flow apps and there are tons of them. They also help users in tracking how they are spending their money, which allow them to manage their personal finance very quickly.

There are apps out there for all your daily expense tracking needs or even more elaborate financial planning apps, whether you are crunching numbers once per week or once per day.

Some of the benefits involved in using money management application:

• Automated tracking: You will have transactions automatically noted from your bank or wallet and the manual entry will be minimized.
• Effort on Budgeting: You can schedule a budget for every month so that you will not exceed that amount.
• Establish goals: Most apps let you build financial objectives & track your success.
• Categories of Expenditure: They provide an insight for users on which categories they spend most of their money on like groceries, banking etc.

Things to Seek for in Expense Manager app

Introducing the top money management apps in India list must features as part before going for Top 3 Money management apps in India. The Best Expensify tracker — something like this would be an ideal expense tracker:

• Simple to use: the app should be easy to navigate.
• Bank Account Integration: It lets the transactions be in sync automatically.
• Analytics and Reporting: Detailed reports on how you spend your money to look into when are you spending the most, graphs or pie charts.
• Encrypted — Personal finance data should be encrypted
• Multi-device Synchronization: Users should automatically synchronize the data of their account across the different devices that will be used.
• Custom Categories: Base from which the user can categorize expenses so his way. 

Conclusion:

For the Best expense-tracking app or one of the Best money-management app in India, the apps above can help you.

Currently, the aforementioned apps are among your best money management apps in India. There are Two best Expense Trackers: Monefy and Mint opposite header fat ET Money offers detailed monthly/weekly and daily reports.

With these apps, managing expenses is really super cool. So you can save money, have a cool mind and increased wealth. In case if you’re looking to develop a mobile app similar to the above ones, get the help of a reliable mobile app development company India, USA or preferred region. So you can get the best app that will build your dream business.