Software and tools that help manage money or investment
 |
| Expense tracking apps |
1. Mint
Rating: ⭐⭐⭐⭐☆ (4/5)
Pros:
Automatically tracks expenses by linking to bank accounts and credit cards.
Helps create a personalized budget based on income and spending.
Sends alerts for upcoming bills and unusual transactions.
Cons:
Limited support for some international banks.
Some users experience issues with account syncing.
2. YNAB (You Need A Budget)
Rating: ⭐⭐⭐⭐⭐ (5/5)
Pros:
Uses a zero-based budgeting system to allocate every dollar.
Advanced analytical tools and detailed financial reports.
Strong community support and excellent customer service.
Cons:
Requires dedication to follow the budgeting system.
Relatively high monthly subscription fee.
Rating: ⭐⭐⭐⭐☆ (4.5/5)
Pros:
Combines expense tracking with investment monitoring.
Provides powerful analytics to help achieve long-term financial goals.
Offers financial advisory services for investors.
Cons:
Some advanced features require a paid subscription.
Limited international support.
4. PocketGuard
Rating: ⭐⭐⭐⭐☆ (4/5)
Pros:
Helps prevent overspending by showing how much money is available after covering bills and savings.
Securely links to bank accounts for easy financial tracking.
Simple and user-friendly interface.
Cons:
Some premium features are locked behind a paid version.
May not support all banks.
5. Robinhood (for Investing)
Rating: ⭐⭐⭐⭐☆ (4/5)
Pros:
Commission-free trading for stocks, ETFs, and cryptocurrencies.
Beginner-friendly interface with automated investing options.
Offers features like fractional shares and options trading.
Cons:
Lacks some advanced analytics tools for professional investors.
Faced criticism for transparency issues during market disruptions.
Expense tracking apps
Which App Is Best for You?
If you need daily expense tracking:
Mint or YNAB.
If you want to monitor investments and net worth:
Personal Capital.
If you prefer commission-free investing: Robinhood.
If you want a straightforward tool to control spending:
PocketGuard.