6 Best Budgeting and Personal Finance Apps To Manage Your Expenses
Say goodbye to lengthy spreadsheets and manual data entry; budgeting apps are taking over. From tracking financial goals to staying on top of your savings, we already know how beneficial budgeting can be for us in the long run.
Personal finance and budgeting apps make it even easier to manage all money matters on the go, with just a few clicks. Finding an app that best suits your needs can lessen data error and increase your financial confidence as well.
If you don’t know where to begin, here are the top 6 budgeting apps that can help rein in your spending!
1. Seedly
Most online users might be familiar with Seedly as one of the leading personal finance websites in Singapore. But did you know that they started as a personal finance tracking app in 2016? The Seedly app is widely known for its expense tracker and budget management features, which enable locals to make wiser financial decisions.
Users can seamlessly sync and import all of their bank accounts, credit cards, and miscellaneous expenses and manage all financial matters in a single platform. In addition to managing your budget and expenses in-app, users can also connect with fellow members of the Seedly community to share and discuss personal finance strategies and read blog articles on finance-related topics.
Available for iOS and Android users.
Cost: Free
Insurance consolidation: ✅
Auto categorisation of bank transactions: ✅
Budgeting function: ✅
Best for: Expense tracking and budgeting
2. Zenmoney: Spending Tracker
When compared to other personal finance apps, Zenmoney is unique. Apart from monitoring your expenses and transactions, the app’s technology generates expense predictions based on your indicated spending habits each month. In addition, the app also retrieves and retains information from incoming text messages and automatically creates transaction entries so you don’t have to.
Zenmoney offers seamless synchronization with over 30 banks and a debt accounting feature. Zenmoney is available as a mobile app and on the web at no cost. Their unique features and seamless integration makes Zenmoney an up-and-comer in the personal finance market.
Available for iOS and Android users.
Cost: Free
Insurance consolidation: ❌
Auto categorisation of transactions: ✅
Best for: Expense predictions
3. Expensify
Searching for a tracking app that caters specifically to corporate finances? Look no further than Expensify. Whether you’re a small business owner or work in a multinational organization, this expense management app helps companies of varying sizes and industries organise all their financial business records in a unified platform. Through Expensify’s SmartScan technology, users can easily scan a receipt on the app and say goodbye to manual data entry for good.
Another unique feature available exclusively for users is the Expensify Visa card. With this corporate card, employers and their team members can set smart limits on their company budget. The Expensify Visa card grants companies high limits so they can get business done. On top of that, cardholders can unlock a variety of perks from its platform partners including Stripe, Quickbooks, and Xero.
Available for iOS and Android users.
Cost: US$4.99/month
Insurance consolidation: ❌
Auto categorisation of transactions: ❌
Best for: Corporate teams, accounting integrations, and multi-level approval workflows
4. Wally
If you’re looking for an expense tracker that can be used by multiple users at the same time, Wally is the app for you. From teams at work to family members at home, Wally is ideal for those who prefer to manage their finances on a shared platform. Wally is ideal for managing common expenses such as rental fees, grocery lists, and even electricity bills. Users can collectively achieve their money goals with ease by sharing data reports and creating budget groups within the app.
While the basic functions of the Wally app are free, users have the option to pay for additional features under the Wally Gold membership for US$24.99 (S$33.94) a year, equivalent to US$1.99 (S$2.70) a month. This tiered membership gives users access to currency conversion and foreign account tracking. If you think you’re ready to take the plunge and have Wally as your preferred personal finance app, get Wally Premium For Life at a one-time fee of US$74.99 (S$99.20).
Available for iOS users only.
Cost: Free for Wally basic membership, S$33.94 for Wally Gold, and S$99.20 for Wally Premium For Life
Insurance consolidation: ❌
Auto categorisation of transactions: ✅
Best for: Account syncing, exporting of expense data
5. Spendee
For seamless tracking of incoming and outgoing transactions directly from your bank account, you need to check out Spendee. Unlike other apps with complicated graphs and charts, Spendee translates your monthly expenses into real-time insights. Spendee gives you an overall view of how you spend your money with simple and easily digestible infographics
The only downside to this comprehensive finance tracking app is its price point. While there is a basic version available for free, it only allows for backup and syncing with your bank account, importing and exporting of transactions, and personalised insights. There is an annual fee to unlock exclusive features like automatic categorization, unlimited cash wallets, and many more.
Available for iOS and Android users.
Cost: Free for Spendee Basic, US$14.99/year (S$20.36) for Spendee Plus, and US$22.99/year (S$30.42) for Spendee Premium
Insurance consolidation: ❌
Auto categorisation of transactions: ✅
Best for: Account syncing, exporting of expense data
6. Planner Bee
Think of Planner Bee as your personal financial advisor that fits right in your pocket. With an intuitive interface and seamless dashboard, users will have no issue navigating the app and its many useful functions. In addition to handling all of your banking transactions and personal budgeting goals, Planner Bee users have the option to manage their investments and insurance plans within the app. With Planner Bee, all your financial matters are consolidated in one place.
Although Planner Bee is relatively new to the personal finance market, it was created by industry professionals with years of finance experience. With over 40 partnerships with banks and financial institutions across six countries in the region, you can sync and integrate your accounts and credit cards in the app with zero hassle.
Available for iOS and Android users.
Insurance consolidation: ✅
Auto categorisation of transactions: ✅
Best for: Automatic financial planning, investment and insurance plan tracking
Organize your finances
Something as simple as getting your finances in order can be challenging for some. That’s why we need to make full use of the tools available to us, just like these budgeting apps. Start your budgeting journey and manage everything from your savings, investments, and insurance in one single place.
Originally published at https://plannerbee.co on September 6, 2021.
