Best 10 Expense Tracking Apps

Personal financial management is increasingly becoming difficult by the day. Especially in this era when we can have unfiltered access to our money and pay for anything with just a press of a button. It will require deliberate financial planning and expense tracking to manage one’s finances this time and in the future.

There are personal financial planning software as well and expense tracking software

Money Tracker helps you track your budgets, expenses, savings, and investments.

Although expense tracking has been in existence since the first versions of Quicken and Microsoft Money came to the market in the 1980s and 1990s, respectively, there are now many several expense tracker apps both web- and phone-based that can help you reach a whole new level of financial knowledge, preparedness, and management.

These software apps provide quick and smart solutions to collect all your financial information in a place, making your financial planning and management easy and almost paperless.

We have compiled the top 10 money tracker apps. If you need to track your budget, one of these apps will definitely meet your need.

Free or Paid Expense Tracker Apps

Decide what kind of expense tracking you need help with and compare the free apps to the paid ones. If the features you need cost money, you need to weigh if it’s worth the cost. It’s a good idea to start with a free or low-cost version and see if you actually use it before spending money on a premium version. Still, none of the expense tracker apps are that expensive, and if they save you more than they cost, they will be worth the expense.

How We Chose the Best Expense Tracker Apps

Our choice of best money tracker apps was informed by comparing many different expense tracker apps. We looked at factors such as cost, compatibility, features, goal-setting capabilities, and user friendly.

We finally chose these 10 apps for their respective categories because they offered a positive user experience that set them apart from competitors.

Best Expense Tracker Apps

  • QuickBooks
  • Wally
  • Mint
  • YNAB
  • Mvelopes
  • Buddi
  • PocketGuard
  • AceMoney Lite
  • GnuCash
  • Level Money

1 QuickBooks

If you run a small business, you might have attempted to run both your personal and business finances through one expense tracker app. This leads to messy reporting, unclear results, and difficulty understanding what is going on with both sides of your financial life. Plus, blurring your finances between personal and business can lead to problems with taxes and might harm your personal finances if your business is ever sued.

Like Mint, Intuit is the clear leader in this space through its popular QuickBooks program. QuickBooks comes in various versions and editions depending on your computer and business needs. While it is far from perfect, it currently is the most prominent and best option to wrap up your entire business management, including expense tracking, contract management, and payroll, all in one app.


Option to upgrade as your business grows

Integrates with hundreds of third-party apps


Can get expensive

May be overwhelming for new users

App cost: $12.50/month & up

Platform availability: Android, iOS, web

2 Wally

Wally is an integrated expense tracker app that provides insights into your spending habits by syncing with your financial accounts. Wally analyzes your expenses and gives you feedback and useful insights on your spending, but it also has a social feature for shared expenses. For example, if you share utilities with a roommate, Wally can track those expenses.

The appealing graphics and social features will be appreciated by millennial users.


Basic version is free

Ability to set custom budgets

Real-time expense tracking


Only available for iOS

Pricing: Free (with option to  upgrade to paid version)

Platform availability: iOS

3 Mint

Mint is one of the best and most popular expense tracker apps for personal finance management. The beauty of it  is that the app is free to use, supports a wide range of banks and lenders, and comes from one of the largest and most trusted names in financial software, Intuit. With this app, you receive help with budgeting, expense tracking, credit monitoring, and bills.4

Despite being one of the oldest and most full-featured expense tracker app options, it deficiencies The software has some bugs, and no new features have been released since 2009 when Intuit bought the app. If you find a bug or a problem in your account, getting support sometimes can be a challenge.


User-friendly interface

Credit monitoring tool available

Allows you to customize budgets


The software can be buggy

Connecting with support is sometimes challenging

Pricing: Free

Platform availability: Android, iOS, web


YNAB stands for You Need a Budget. The folks behind this app worked hard to build an app specifically focused on budgeting and expense tracking. The app takes an uncommon philosophy of budgeting. It makes it mandatory for users to assign a job to every dollar they earn, whether it is related to savings, expenses, or investments, and the app uses that to show user budgets.

The original version allowed for manual expense tracking only, though the newer update allows you to automatically import expenses from a linked bank account as well. It isn’t perfect for everyone, but if you want to start budgeting and need help getting the process moving, YNAB is likely a good fit for your needs.


Lets you track all your money goals at a glance

No ads


Can get expensive

Tracking every dollar may be overwhelming

Pricing: $14.99/month & up

Platform availability: Android, iOS, web

5 Mvelopes

Mvelopes takes a different approach in budgeting and tracking of your expenses and offers spending forecasts and suggestions to keep you from going overboard on your next visit to the mall, or wherever else you like to spend money. This feature stands it out from the rest of other expense tracker apps.

Envelope budgeting is a style of budgeting that involves literally putting cash in envelopes at the start of the month, and you can spend until your envelopes are empty. Mvelopes takes that experience online, offering users digital envelopes to store their spending money each month.


Offers live chat support

Budgeting method is effective


Has a monthly cost

No initial setup help with Basic plan

Pricing: $5.97/month

Platform availability: Android, iOS, web

Empower Personal Wealth, for tracking wealth and spending

Why we recommend it: Empower Personal Wealth, formerly Personal Capital, is primarily an investment tool, but its free app includes features helpful for budgeters looking to track their spending.

You can connect and monitor checking, savings and credit card accounts, as well as IRAs, 401(k)s, mortgages and loans. The app provides a spending snapshot by listing recent transactions by category. You can customize those categories and see the percentage of total monthly spending each category represents.

Empower also serves up a net worth and portfolio tracker. The app can be accessed through both phone and desktop.

Why you may want to think twice: If your goal is to plan out your spending and saving, you may want to go another route. This app’s budgeting features helped it make the list, but its investment tools are what make it unique. Other apps have more in-the-weeds budgeting capabilities.

Cost: Free

Apple store rating: 4.7

Google Play rating: 4.3

6 PocketGuard

PocketGuard, for a simplified budgeting snapshot

Why we recommend it: PocketGuard’s catalog of features isn’t the most robust on our list, but that’s part of why we like it. The app is big on simplifying.

You can connect your bank accounts, credit cards, loans, and investments and track bills. With that intel, the app shows how much you have left to spend after setting aside funds for necessities, bills, and goals.

PocketGuard also tracks your net worth and gives you the option to not link your accounts and instead track your finances manually. The paid version, PocketGuard Plus, offers a debt payoff plan, the option to export your transactions, and other features.

Why you may want to think twice: This app does a lot of work for you. That’s good for a mostly hands-off experience, but less so if you want to plan for your money.

Cost: Basic PocketGuard is free. PocketGuard Plus is $7.99 per month, $34.99 per year, or $79.99 for a lifetime purchase.

Apple store rating: 4.7

Google Play rating: 4.4

7 Buddi

Buddi is an open-source budget solution. Buddi can encrypt financial data with a password, and it's easy to use even if you are a novice with no financial and accounting knowledge. Its multiple languages feature makes it easier to by used by anyone.

The software has features for budgeting, tracking accounts, and personal finance reporting, but you will have to enter transactions manually. It has free plugins that m add more features, and the online user manual is easy to read and use.

Supported Platforms

Buddi is compatible with Windows, Mac OS X, and Linux.

8 AceMoney Lite

AceMoney Lite, which prides itself as the best Quicken alternative, helps you manage your budgets, track your finances in multiple currencies, monitor your investments and gives you insights on your spending habits. It also has features for online banking. This lite version limits to having only two accounts, but the full version supports unlimited accounts.

Supported Platforms

AceMoney Lite is compatible with Windows and Mac OS X.

9 GnuCash (Financial Planning App)

GnuCash is a financial planning app. It's Linux-based system that works on double-entry bookkeeping. It is a business accounting tool, and can also be used for personal financial and accounting needs. For your personal finance, GnuCash helps you track your expenses and savings as well as with bank and investment accounts.

10 Level Money (Financial Planning App)

Level Money is a powerful financial planning app. As the name suggests, it levels the amount of money one can spend in a day, week, or month. The financial planning app automatically picks data from your smartphone and keeps sending reminder notifications regarding the amount left to spend, thereby leveling up the savings and expenses rate. It also keeps track and gives you an insight into your spending habits based on the information it received

11 Pear Budget (Expense Tracking App)

Pear Budget is a financial planning app. As the number implies, Pear budget helps you budget your expenses. It uses a spreadsheet format wherein you have to manually enter the information. It has certain basic expense categories on default, which users may alter later to suit one’s personal finance plans. Unlike other financial planning apps, Pear Budget is automated but it serves the purpose, especially for first-timers.


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