Best Personal Finance and Expense Tracker Apps: Keeping track of daily expenses can be difficult. People often use digital wallets, sometimes even debit or credit cards, to meet their daily needs. In such a situation, it becomes a little difficult to know where and how the money is being spent.
If you’re having trouble understanding where your money is being spent, you can use expense tracking apps. These apps are very popular, and the number of users is constantly increasing. So, let’s learn about free expense tracking apps.
What is Expense Tracking App?
An Expense Tracking App is a software or mobile application that helps you track personal and business expenses. It allows you to monitor and track your monthly expenses.
Free Expense Tracker Apps
There are many excellent free apps available today for smart money management. Here are some popular free expense tracker apps in India that can help you better manage your money:
Axio: Expense Tracker & Budget
Capital Float, Walnut, and Walnut369 came together to become axio, an app that takes care of all your financial needs. This app automatically tracks expenses related to your bank accounts, cards and digital wallets via SMS.
It offers money management, pay later, and personal credit as well. With Axio, you can also create a monthly budget and get timely reminders to pay bills like electricity and credit card.
Key Features of the App:
- SMS-based money manager app
- Pay later and personal credit options
- Monitor daily and monthly expenses
- Track due bills
- Payment reminders
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Goodbudget – Budget & Finance App
Goodbudget is a money manager and expense tracker app designed for personal budgeting. The app aids in keeping everyone on the same page when it comes to household finances.
Key Features of the App:
- Automatic and secure data backing up to Goodbudget’s website
- Intelligent payee and category suggestions
- Match budget period to real-life situation
- Analyze spending with the ‘Spending by Envelope Report’
- Use ‘Income vs. Spending Report’ to keep track of your cash flow
- Easy export of transactions to CSV
- Carryover of unused funds to the next month
Wally Budget App
Wally Budgeting is a personal finance app for tracking and managing your budget, money and spending. This personal finance app makes you learn what, when, and where you are spending. Wally is recognized as one of the best daily expense tracking apps in India.
Key Features:
- Enables to form groups and split bills
- Supports every major currency
- Helps you check your spending at anytime
- Helps in keeping a track of your monthly and weekly spending on the go
- Allows you to screenshot record receipts
Meow Money Manager
Meow Money Manager is a personal finance and expense tracking app available on both Android and iOS platforms. It lets you record your expenses like food, car, entertainment, etc. The best part is that this app does not save or share user data, which keeps your information safe.
Expensify
Expensify is a great expense tracking application aimed primarily at small and large businesses. It helps you track your daily expenses. Often, merchants have to keep receipts while making payments, but through the app, you can store those receipts digitally by scanning them with your mobile camera.
Conclusion
If you want to do smart money management, then the above mentioned free expense tracker apps (Best Free Expense Tracker App) are the best options for you. They not only track your expenses but also help you with budgeting, savings, and financial discipline. This allows you to control your spending and save money.
FAQs
How to do a spend analysis?
Track all your expenses for a month, categorize them (e.g., food, entertainment, bills), and review where your spend money.
Are free expense tracker apps worth it?
Free personal finance apps can be valuable for basic expense tracking.
