12 Fantastic Finance Tracking & Management Apps

Managing money can be as difficult as earning it. Proverbs like “A dollar save is a dollar earned” are awfully nice to read and quote but can be tough to put into practice. Starting to track the money you spend is one of the simplest first steps one can take. Once you see how much is going where, you will automatically scramble to cut down wasteful expenses.

Since our generation is known for its acute ADD, noting down every expense on a notebook or an iPhone app won’t last more than a couple of days. In the aftermath of the personal finance revolution spearheaded by Mint, there are a ton of online apps to help you pinch personal & business pennies and after the jump we’ve a compiled a few for your financial well being.

Mint

Mint

Mint

Mint is just like YouTube; they weren’t the ones who invented the idea but killed it for their competitors with their execution. Mint brings all your financial accounts together online, automatically categorizes your transactions, lets you set budgets & helps you achieve your savings goals. You’ll be able to see all your balances and transactions together — on the web or your phone.

Mint automatically pulls all your financial information and categorizes them so you get the entire picture of your finances. Based on your spending patterns, the web app also suggests financial products that will serve you best. Now it’s open to users from Canada too.

Offers Investment Ideas?: No
Paid Upgrades: No

Yodlee

Yodlee

Yodlee

Yodlee offers financial management solutions for the entire spectrum, from corporate companies to consumers. Just like in Mint, you can link your accounts securely to view all balances and transactions and pull pre-categorized reports to analyze your where your expenses go. You can also pay bills from the Yodlee account for free and transfer funds too.

Five out of the ten top financial institutions in USA use Yodlee’s solutions and hence you don’t have to worry about the security of your financial information.

Offers Investment Ideas?: No
Paid Upgrades: Not for consumer accounts.

Moneytrackin’

Moneytrackin'

Moneytrackin'

Moneytrackin’ is a free online web app that allows you to track all your expenses and income easily and without effort. The app intends to be a simple yet powerful online budget management tool that offers you a clear view of your financial situation. One interesting feature of the app is sharing and collaboration. If you are working with a family member or your room mate to keep budgets in line, you can do so with ease and work together on the same account to reach financial goals.

Offers Investment Ideas?: No
Paid Upgrades: Not for consumer accounts.

Buxfer

Buxfer

Buxfer

Buxfer automatically downloads and categorizes expenses from your checking, savings and credit card accounts. You can monitor your spending and set limits per category and Buxfer will monitor and send real time alerts to your mobile device if you go overboard.

Spent money on a group vacation or a movie with friends? Don’t worry, Buxfer will help you track group expenses like rent, grocery bills, etc. and will let you know how much each of your friends owe you. Buxfer also generates optimized settlement plans, shuffles debts and lets you make bill payments online.

Offers Investment Ideas?: No
Paid Upgrades: No

Mvelopes

Mvelopes

Mvelopes

Mvelopes is an effective online personal finance and spending management system. This award winning app applies innovative financial software technology to the traditional envelope method of budgeting to help you manage your finances, while living within your income.

Mvelopes supports 14,000 financial institutions and rest assured that if you have an account, it can be imported. Thanks to Mvelopes Bill Pay, you can pay any company or individual and create recurring payments. Bills can be received, examined and paid from the app too. Note that after a free trial period you’ll have to pay a subscription to continue using the service.

Offers Investment Ideas?: No
Paid Upgrades: Yes

MySpendingPlan

MySpendingPlan

MySpendingPlan

On top of assisting you in planing & managing your home budgets and special activities such as buying, selling or building a home, vacation planning etc., MySpendingPlan also helps you manage the budget, shopping, and tasks for organizations and social groups you are involved with.

Visit their Save More section, to print grocery coupons, find free stuff, get discounts and great bargains on a lot of items. Leveraging their predictive Auto-Assign Budget technology and based on your past and present spending habits, the app will recommend a future budget that is better suited with your income.

Offers Investment Ideas?: Yes
Paid Upgrades: No

SmartyPig

SmartyPig

SmartyPig

SmartyPig is unlike a standard finance management app. It’s an FDIC-insured savings account, combined will all the goodies of a web 2.0 finance management app. SmartyPig helps you replace the destructive “buy-now-pay-later” approach with a constructive “save-then-spend” mentality. Decide how much you want to save and when you want to meet your goal and SmartyPig will suggest a monthly contribution automatically to help you get there fast.

Offers Investment Ideas?: Yes
Paid Upgrades: No

MoneyDesktop

MoneyDesktop

MoneyDesktop

The holistic nature of MoneyDesktop provides users with powerful online financial management software as well as debt reduction tools and money saving programs. Rather than being a dormant web app, MoneyDesktop offers sound financial advice based on your actual financial situation.

Offers Investment Ideas?: Yes
Paid Upgrades: Yes

inDinero

inDinero

inDinero

inDinero helps small businesses to integrate and manage all their financial accounts from an intuitive dashboard. inDinero will help you slash unnecessary costs, collect payments faster from customers and understand which of your products and services are earning you the most money. At the end of the day, inDinero cares a lot about helping you make more money.

Offers Investment Ideas?: No
Paid Upgrades: Yes

Outright

Outright

Outright

Small Business owners can get rid of tedious book keeping and data entry processes with the help of Outright. Outright records and organizes all your income and expenses for you. That way, come tax time, you don’t have to fret about taxes and deductions. Your numbers will be accurate, you’ll get all your deductions, and won’t pay more taxes than you have to.

Offers Investment Ideas?: No
Paid Upgrades: Yes

Thrive

Thrive

Thrive

At Thrive, there are no complex tools or frightening financial jargon, just excellent financial advice tailored to your needs. With the help of their user friendly tools you can take control of your financial life, and start accomplishing your goals. Thrive gives you a clear understanding of what your money really means today and what it will mean tomorrow.

Offers Investment Ideas?: No
Paid Upgrades: Yes

Xero

Xero

Xero

Just like their domain name, Xero is a neat and simple web app that focuses on assisting you in all financial transactions and accounting tasks associated with your business. In addition to a gamut of impressive features, Xero will try and match transactions you’ve downloaded to transactions in Xero. You can easily identify unreconciled items and reconcile when you need to — daily, weekly or monthly.

Offers Investment Ideas?: No
Paid Upgrades: Yes

Share With The Class

Do you use a finance management app yourself? Are you sticking to the budgets and suggestions offered by the app all the time?


  • Michael

    I’ve been using Mint for a while now and it’s really a nice web app. It’s design is completely user-friendly and it lists all of your accounts in a highly-organized manner. It also allows you to make goals for things such as college, buying a house/car, etc. and to dedicate a specific account (or open a new one) just for that goal to keep track of your progress and calculate a set amount of money that you should deposit into that dedicated account on a monthly basis. Also, you can get alerts via email or mobile phone about spending or your accounts being low on money so you’ll be alerted instantly if your kid gets a hold of that credit card and starts spending crazy amounts of money. :P

    You can track your expenses and budget yourself accordingly, you can see a pie chart or a list graph of your spending to find out where you’re spending most of your money, even in comparison to the rest of your country.

    You can also go to the Investments page and find out which investment/brokerage accounts are perfect for you!

  • David

    It would be useful if you could include any geographical limitations on these web services. Mint is not for use in the UK, not sure about any of the others.

    • http://www.stravarius.com Justin Stravarius

      All apps work for USA residents unless otherwise specified. I understand your frustration though! Cant use any of them myself!

    • http://nervecentral.com David Crowther

      I agree. I get really tired of articles that don’t highlight the fact that an app is only available in the US.

      Look at Appstorms analytics – am I the only one outside the US that reads your site?

      ~ David (UK)

    • Larissa (Brazil)

      I couldn’t agree more with you, guys.
      I’m looking for some tool for financial management that work bouth on pc and Android. Fell in love with Mint’s desing, but… I can’t use it!
      If only I could use Mint without registering a bank account, as I do in Financisto…

      Larissa (Brazil)

  • gungor

    If you think of using buxfer think twice!! It has become damn slow and site crashes at least once a month. And seems like no one is reading emails that are sent to support department. Be carefull!!

  • http://www.fierforjatkmc.ro Balustrade Inox

    Wow, thanks for this list of wonderful apps

  • http://www.wearepapertiger.com Jason Debiak

    We’ve been using Xero for over a year now – the integration with other webapps (such as Freshbooks) is clutch. For a growing company we like it because as new needs arise, Xero covers them all since it’s packed with features.

  • j

    you should have included which of these connect directly to your bank and which require you to upload your own data. that right there is what sets some (mint, indinero, yodlee) apart from the others.

    • http://www.stravarius.com Justin Stravarius

      A vast of the majority of the apps listed here import data directly from the bank. Will check and try to update the article if an app requires manual upload of data.

    • Richard

      Not trying to drag anyone down. But I truly hope that you’re implying that mint, indinero, and yodlee (which do connect to your bank account) are leagues behind in security.

      Does it not make you feel ill inside when a website asks you for your Bank Account login and password? Would you give that to someone on the street even if they said they were “on the level” and a standup guy?

      • Michael

        Mint provides and maintains a secure connection directly to the login page of the bank/provider. Its security is vastly superior and/or equal to many other high-use networks.

  • http://www.quicklinklist.com/ Peter Maske

    For business users, Xero looks damn nice. If it would be available as an offline version i could well imagine using it. As it seems to be available online only i am somewhat hesitant to use it: a.) because i’d rather like to have possibly confidential data stored locally and b.) because accounting data has to be accessible for quite long periods and you never know if company xyz will still be around in 5 years.

    • http://www.stravarius.com Justin Stravarius

      I agree. All web apps should have some sort of offline support or support for exporting data. Hope things will change with HTML5!

    • Philip

      This page probably covers any reservations you have about online accounting with Xero

      http://xero.com/compare

  • jangle

    Mint is a very useful app for tracking expenses and accounts. It connects directly to your bank, is flexible and easy to use. BUT – the lack of some type of reporting or ability to manipulate data limits it’s usefulness. Hope this is planned for the future!

    • Michael

      You can manipulate data entries.

  • http://imknight.net Knight

    I think buxfer has stop development, both founder were joined facebook and no longer have any update.

  • http:/nervecentral.com David Crowther

    Also check out FreeAgent (http://www.freeagentcentral.com/) which is similar to Xero. Supports UK business very well.

    ~ David

  • Gemma

    Thanks for the list but which of these apps will work for users from the UK?

  • Andrew

    Great list! But I agree with a lot of the other commenters, can you possibly make a list of financial apps that work in the UK? I know a lot of people would be interested!

  • junglemonkey

    Just started playing around with Yodlee and Money Trackin’. Both allow you to manually input accounts without having to provide any sensitive information. The cons to that is to make sure you are disciplined to update entries regularly.

    I haven’t looked up Yodlee’s mobile login page yet. It appears they don’t have a mobile app so I think it can work via mobile web browsers. Money Trackin’ has an iphone app which I haven’t yet downloaded.

    Yodlee doesn’t have a wide range of foreign currencies as default currencies – I just ended up using the USD default. Money Trackin’ however has an extensive list of foreign currencies to use as your default.

    What I don’t like about Yodlee – unless I just can’t find that function – is that there appears to be no way to transfer funds between accounts and have that automatically updated in both accounts as debit/credit. Money Trackin’ does have that feature, which is something I loved from using Quicken for Mac eons ago..

    In general, I think barring some really strange occurrence, Money Trackin’ seems to be the one that suits my simpler needs. I use it primarily to see all my accounts linked across the board, and also be able to set a monthly budget for specific spending categories, compare it to my income, and devise a saving timeline/goal.

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  • bathaluman

    can’t use mint i’m from the philippines

  • Nick Ng

    Buxfer got the Paid Upgrade since i used it. You can only add 5 accounts in the free edition. I am existing using the Buxfer and i am looking a better one to replace it.

  • John Marry

    I love reading this post very much. In my point of view, Mint is the best application that has many user-friendly features which allows users to manage multiple financial accounts from one simple user interface.
    http://www.firstworldmortgage.com/

  • Zaid A.

    checkout pibiapp.com , a free html5 alternative that is simple and yet packed with features

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