If you want help managing your money with an app, which one do you go for? Look no further. We go through the most useful apps to manage your money - we examine the big guns, as well as the rising challengers. And one app just had to be mentioned for its unusual approach.
THE BIG GUNS
Moneyview - Your Money Manager
Over 1,000,000 installs
Money management and savings options
This app creates a full financial summary for you automatically: it auto-tracks your information, adding details based on your financial SMSes and bank statements you get. It gives you bill payment reminders, allows you to track a budget, and identifies savings options to put in your money. The app also claims to be highly secure, not reading any sensitive data - it does not collect your full bank account numbers, no OTP, and no netbanking login/passwords. Link
Walnut Money Manager
Over 1,000,000 installs
The Social Money Manager
Another autotracking, autofilling app, so that your fingers don’t hurt. This app has a strong social approach, and assumes you do a lot of spending while out with other people. You can split expenses with friends and also send reminders to the ones who owe you money (including that one guy who always ‘forgets’ his wallet at home). \ You can also look up information about restaurants and events and share with your friends. Also keep track of your taxi and movie bookings: in a way this app acts as your money manager and also your butler. Jeeves knows what’s in your wallet. Link
UP AND COMING: Top Contenders
SmartSpends: Money Manager App
Over 100,000 installs
Analytics and offers
The SmartSpends app like the others, tracks your spends and financial footprints automatically. It also offers you some interesting analytics: how much did you spend over the weekend compared to weekdays? This app may help you curb your worst party-spender instincts, where you wake up the next day with a splitting headache and an empty wallet. This clever little app also claims to help identify offers on your debit and credit cards, throwing up suggestions on which card to use where. Link
Gullak Expense Manager and Money Saver
Over 100,000 installs
Analytics and offers
This app does all the essentials, autotracking, splitting of expenses, providing graphs and charts to know your particular weaknesses when it comes to money. You can manage multiple user accounts and sync across devices. Link
MOST INNOVATIVE
Mvelopes Budget App
Over 50,000 installs
Savings, old-school style
For sheer inventiveness, Mvelopes takes the cake. The app is based on what your grandma used to do: put money in an envelope, mark it as ‘next month’s groceries’ and keep it inside a locked cupboard. Mvelopes lets you keep money in virtual envelopes for different uses, marking them as EMI payments, shopping bills, school fees, and so on. You get alerts when one envelope is almost empty. It provides real-time budgeting updates and imports your bank and card statements as well. Link
That’s the roundup! Keep an eye out for the next FridayList.
