Best Mobile Apps to Help You Manage Money

You may have the best financial plan in place, but there is always room for improvement in terms of setting long-term and short-term financial goals. You may be fresh out of college, having problems managing finance for the new adult self, or you may need investment help. Maybe you want to explore the instant personal loan apps and need help comparing the loan offers – Whatever you want to do with your hard-earned money, there’s probably an app to mange your money.

We’ve searched through the internet and the play store reviews to get this consolidated list of the best personal finance apps to mange your money and to help with related information. You’ll surely find at least one app that’s useful in making your financial life a whole lot better.

Best Expense Tracking App: Wally

Wally is a clean app that’s streamlined for ease of use. If you love tracking your expenses but do not like to enter your expenses manually, you’ll love this free app. This app allows you to take a photo of your receipts and it fills in the info for you. That means less typing and fewer typing errors.

Best Money Transferring App: Moneymailme

Moneymailme has innovation at its core. It allows money transactions across the world in six different currencies. Because of its effortless and seamless customer experience, it was chosen as UK’s Best Social Payments App in 2017 by Cfi.co.

Through Moneymailme, you can pay, spend, send and receive money in just a few taps on your screen without paying any fees.

Best Budgeting App: EveryDollar

The most interesting aspect of the EveryDollar app is that it is based on the zero-based budget method recommended by personal finance expert Dave Ramsey. In a zero-based budget, every dollar has a purpose in the budget.

The tracker syncs with your bank account to import transactions so that you can keep track of your spending. It shows you how much you have spent and how much is left with you.  It allows you to split expenses between various budget items. Through the app, you can also connect with experts who can help you with money management.

Also Read: Business Loan Guide (Interview with CEO of CreditMantri) 

Best Loan Comparing App: Bankbazaar
Bankbazaar compares various forms of credit such as personal loans, home loans, credit cards, etc. based on the interest rate and other loan terms. By using the app, you’ll leave the guesswork behind and choose a loan option that’s best suited to your needs. Moreover, there are also many other things you can do through this app – apply for a loan, check your credit score, find out gold and silver prices, and many other things.

Best Instant Personal Loan App: MoneyTap

MoneyTap is a personal  loan app in India, which offers personal loans in partnership with banks and NBFCs. You can apply for a personal loan with just a tap of a button on your phone. This app allows you to borrow money multiple times in small amounts up to your credit limit. You can also withdraw the whole approved credit limit in one go as well. The best part of this app is that you are charged interest only on the amount you borrow.

Best Investment App: ET Money

ET Money is an all-in-one mobile app for investing and managing money. This app allows you to invest in mutual funds, apply for a personal loan, start a SIP, and save your taxes. Managing finance and investment is made easy with this app.

Best Recharge and Bill Payment App: PhonePe

The PhonePe app provides an easy solution to mobile recharges and bill payments. This UPI-enabled app can connect to your bank account to carry out various transactions. You can also use the PhonePe app to request money and transfer funds to friends and family. This app is also popular for the perks it gives to its users. You can enjoy the various discount and cash back offers for using this app. Internet has made it possible to carry the whole world in your pocket. And these best apps for managing your money are definitely made to make our lives easier. 

Disclaimer: The author of this article is Shiv Nanda, a financial analyst.