As exciting as mobile banking once was, this excitement turned to boredom, and then frustration as banks failed to keep up with third-party app makers who were designing elegant and simple solutions to track all of our personal finances in one place. As people started to shift to third-party solutions, major players in the financial services industry – such as Intuit – began to take notice, and with all of the money floating around in this sector, the apps just started getting better and better.
Now, we have dozens of options that offer varying levels of service, as well as different levels of polish and functionality. Here are 8 of the best we’ve found.
It’s always best to start with the most popular, and I doubt anyone would argue that Mint is the leader in this category. Connect your bank account, credit cards, investment portfolio, and even your mortgage or car loan to the app and sit back as it automatically categorizes, reports, and notifies you in real-time when payments are due, or you are about to go over user-defined spending limits. Mint is as extensive as you’d like it to be while also offering the ability to be relatively hands-off for those that simply want the app to do most of the work.
Mint Bills (Free)
You may be more familiar with Check – or – Pageonce, which is what this app was called before it was purchased by Intuit (the same company that owns Mint). Check – while not as feature-rich as Mint – helps you to stay on top of your personal finances, track spending, and pay bills from your mobile device. It’s a simple app, and while it doesn’t offer much in the way of frills, its simple interface make it easily accessible to those of us that are allergic to finance.
BillGuard is a bit different from others mentioned here. As opposed to a complete personal finance solution, BillGuard is an app that does one thing, and does it really well – credit card monitoring. After connecting the app to your credit card accounts, it allows you to analyze monthly statements, look for questionable or fraudulent charges, and notifies you if you’re dealing with a merchant who has a reputation for frequently charging customers for unwanted services, or automatically re-bills each month when you didn’t know you were signing up for a subscription. If you find any of these fraudulent or misleading charges, you can report them and open inquiries with your credit card company right fro the app.
Spendee might just be the best looking of any personal finance app available for Android. The sleek layout features vibrant colors, rich graphics and charts, and insightful infographics built on custom reports. Outside of the appearance, the app is quite feature-rich. You can set up recurring payments, import receipts and notes with a photo, and set up notifications based on a wide range of spending or savings goals, or upcoming payments due. All of the data is exportable to Excel, CSV or Google Drive.
For most of us, we’d be much better at putting aside money into a savings or investment account if we just didn’t realize we were doing it. After you link SavedPlus to your bank account, the app automatically deposits a percentage of all purchases into your savings account. The amount is user defined, so if you set your saving percentage at 10-percent, then your next $100 purchase will look like $110 in your checking account, but $10 of that will be deposited into savings instead.
DollarBird is less of a personal finance management tool, and more of a utility app that acts as both a forecasting tool and a dashboard to quickly view what your financial situation looks like. The interface is beautiful, but unlike other apps, it doesn’t connect to your bank account. You’ll need to add transactions, salary, recurring payments, and other financial information manually, and stay on top of it in order to have accurate results.
Level Money (Free)
This isn’t a complete personal finance tool, as you have no real control over things like paying bills, or setting up recurring payments, but if you’re just looking for an analytics tool that paints a clear picture of your current financial situation, there is none better. Create budgets, view combined balances, and compare your month-over-month spending while tracking and categorizing spending in order to get a complete picture of your personal finances.
Manilla offers an easy to use interface that allows you to consolidate your financial information into one place with one of the most robust calendar systems we’ve seen, as well as setting up automatic reminders, and offering a digital filing solution for bills, receipts and more. Manilla also allows you to keep track of your rewards programs and credit card loyalty programs all from within the app.
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