Keeping track of your money is important for any individual. In the past, keeping track of your money was a strenuous job. You had to manually keep a note of the money you’ve spent or check with your bank to know how you’ve spent your money. But thanks to the introduction of mobile devices, we can now track our expenses right from our phones. Like any other app, budget apps have a massive importance for individuals, mostly for the utility it provides. Keeping this in mind, there are several budget oriented apps available for the Android platform.
So which are some of the best budget apps for Android right now? Well, there are too many to mention in one list. However, we’re going to make your job easier by listing out five of the best budget apps available for Android today. You will recognize some of these apps as they’re widely popular in the marketplace. So without waiting any further, let’s take a look.
5 Best Budget App for Android
This is a comprehensive money managing app that lets you track your expenses and get insights on where you can save money. You can add all your financial details like debts, credit card dues, investments etc to get a very good idea of how you can improve your financial situation. The beautiful infographics and charts on the app allow you to get a good idea of your current expenses and dues. Bill pay reminders are also available here, so you will never forget to pay your dues.
Mint also has a web and iOS app, so your data can be synced across platform automatically. It uses a secure double encryption system to keep all your financial data safe. This is a free app on the Google Play Store, and has no ads or in-app purchases.
Formerly known as EBBA, this app is widely popular for its budget tracking abilities. It lets you keep track of all your expenses and helps you stay on top of your monthly bills. You can even plan to save for the future using features like Goal and Annual Envelopes. So in addition to letting you keep track of the money you’ve spent, the app will also encourage you to save more than usual, which is always a good thing. The best part here is that Goodbudget has multiple apps, with data seamlessly syncing between platforms almost immediately.
So if you have an Android smartphone and an Apple iPad, you should have no problem modifying data on one device to have the changes reflected on every device. There’s a web version too. Using the web version, you can convert the transactions into a .csv file for easy sharing with your accountant or loved ones. The app is a free download on the Google Play Store, but continued usage or multi-device syncing (up to 5 devices) requires a subscription via an in-app purchase. There are no ads here, however.
This is an extremely elaborate financial app that every finance person needs to have on their device. This app gives you access to every financial calculation service that you can think of, including real time currency conversion, compound interest calculator, tip calculator, 401K calculator and so on. The user interface is not as impressive as you’d like, but considering the fact that this gets the job done, we’re not going to complain too much.
When you have calculated some details on your device, you can send them over to your contacts via email. The entire app can work without an internet connection, however real-time currency conversion will need access to internet for the most recent rates. It can be quite daunting at times to have so many calculators on an app, so the developers have enabled a feature which allows users to rearrange the calculators for easy access on the app’s homescreen.
This a free download on the Google Play Store and is ad-supported. There are no in-app purchases, however.
Google Sheets needs no introduction as it is turning out to be one of Google’s most popular alternative to conventional MS Excel software. This works online and offline, so you have the liberty to make the changes at will. Since this is a Google app, you can also enable collaboration with multiple users, and revoke or add permissions as you see fit. All the standard Excel formulas work here, so if you’re well versed with the platform, there should be no trouble getting accustomed to Sheets.
Moreover, Sheets is available by default on all Android smartphones with Google Play Services enabled, so it’s likely that you have the app on your phone already. What makes this app extremely useful is the fact that it can open older Excel files and let you edit on the go. While internet connectivity is not a must, it is required to sync the changes you’ve made to the file. Sheets also has a web app, as well as an iPhone app, so there’s no dearth of available options for collaborators. The app is free on the Google Play Store and is devoid of ads and in-app purchases.
This app is designed for those who like to track even the smallest of expenses on their phones. It can help you save time by simply mentioning the amount you’ve spent. Moreover, the app also has widgets that can help you add quick records when you’re in a hurry. You can choose to synchronize all your data with Google Drive or Dropbox, thus keeping all the data secure. The app also has passcode protection, as well as the ability to use multiple accounts on one device. The app has a bunch of presets or defaults, which can be changed as you see fit.
Overall, Monefy aims to take the effort out of money tracking and we love it. It’s a free app on the Google Play Store with ads and in-app purchases. Be sure to check it out.