The best personal finance apps in 2023 for iPhone and Androi…

Best personal finance apps.
digital trends

When managing personal finances, there are many tasks to remember – from budgeting and tracking expenses to saving money and investing for the future. Luckily, technology has made it easier than ever to maintain control over your finances, and there are plenty of apps available for Android and iOS users to help you manage your money effectively. This means you can use them on any of the best mobile devices on the market, including the iPhone 15 Pro and Samsung Galaxy S23 Ultra.

We’ve put together a comprehensive list of our favorite apps to help you find the right personal finance app for your needs. These apps can help you track your spending, create a budget, monitor your investments, and more. Whether you want to save for a big purchase, pay off debt, or improve your financial health, these are the personal finance apps you should be using.

YNAB

YNAB app for iOS.
YNAB

Managing personal finances can be difficult, and many apps specialize in only one or two aspects of it. However, YNAB (You Need a Budget) is a unique all-in-one solution that allows you to track your income, expenses, and goals. It follows the envelope system of budgeting, which involves categorizing everything that comes in and goes out of your accounts.

With effective use, YNAB can help you better control your finances, get insight on how to pay off your debt faster, and save money. As a result, it can reduce the stress that comes with personal finance to a great extent. Additionally, YNAB is available on Android, iOS, and desktop. Although the app is free, initially, you will have to take a monthly or yearly subscription to access all its features.

android ios

busy child

BusyKid app for Android.
busy child

It is important to teach children about budgeting and money management from a young age. BusyKid is a helpful app that can assist parents in this process. The app has many useful features, including creating age-appropriate chore charts and setting allowances. With BusyPay, parents can automatically send allowance payments to their kids, and they can also use the BusyKid Visa Kids Debit Card for hassle-free transactions.

The best thing about the app is that it makes learning about money management valuable and entertaining for kids. You can try BusyKids free for 30 days. After that, its annual bill is $4 per month. Membership allows for up to five BusyKid debit cards.

android ios

co-pilot

CoPilot for iPhone
co-pilot

CoPilot is another comprehensive personal budgeting solution to help you better handle your finances. By connecting to your bank and credit card accounts, Copilot provides information about your spending habits, allowing you to make more informed decisions in the future.

Copilot uses AI-powered technology to categorize your transactions, making it easy to understand where your money is going. Additionally, the app allows you to create and manage multiple budgets, track your investments, and provide visual insights and dashboards. CoPilot is available exclusively for iPhone and Mac users and offers a free trial. After the trial period, users can subscribe to the service for less than $8 per month.

iOS

Empower Personal Dashboard

Empower Personal Dashboard app for Android.

Managing personal finances can be tough, but with Empower Personal Dashboard it becomes convenient and simple. Empower Personal Dashboard is a Free Financial management tool that provides a comprehensive overview of your financial situation.

This tool lets you see all your linked bank accounts, credit cards, investment and retirement accounts in one place. Empower Personal Dashboard includes net worth tracking, budgeting, investment tracking, financial planning, and more – making it a perfect tool to manage your finances. You can access the app via the web or on your Android and iOS devices.

android ios

everydollar

EveryDollar App for iOS

EveryDollar is a budgeting app based on the principles of Dave Ramsey’s Financial Peace University. The app is designed to help you create an effective budget tailored to your needs. It focuses primarily on your traditional bank accounts and is available for free with ads. However, you can unlock more features with a paid EveryDollar Plus subscription like removing ads, category customization, and more. The app offers budget tracking, financial reporting, and goal tracking and allows you to create multiple budgets.

android ios

good budget

good budget for android
Dayspring Partners

GoodBudget is a personal finance app that focuses on the envelope budgeting system. It is user friendly and helps you keep track of your expenses. Although it may not be as comprehensive as some of the other apps in this category, it’s still worth considering due to its ease of use. The app is free to use, but you can unlock more advanced features by subscribing to a monthly plan.

android ios

honeymoon

Honeydew app for iOS.
WalletIQ

Effective communication is important for maintaining a healthy relationship, especially when it comes to managing finances as a couple. This is where honeydew comes into play. The app offers features similar to traditional personal finance apps, like tracking expenses and creating budgets. However, it also serves as a platform for couples to have transparent conversations about their financial situation. Additional features of Honeydew include goal-setting, financial insights, savings tracking, and more.

android ios

King

Monarch Money for iOS.
monarch money

Monarch is an excellent financial management tool for individuals and couples. The app uses zero-based budgeting to ensure that every income and expense is accounted for. It offers customizable budgeting tools, charts, and insights to help you manage your finances. The app also has a built-in collaboration tool, making it easy to share content with a partner or financial advisor. Monarch is available on the web and on Android and iOS devices. You can try it free for seven days; Subscriptions start at around $8 per month with an annual purchase.

android ios

pocketguard

PocketGuard for Android.
pocketguard

PocketGuard is an app that can help you better manage your finances and avoid overspending. With its user-friendly interface, you can easily keep track of your income, expenses and bills. Some of its key features include real-time cash flow tracking, bill reminders, budgeting tools, and fraud detection. If you choose to upgrade to PocketGuard Plus, which starts at less than $3 per month, you’ll get access to additional features like loan payment plans, unlimited budgeting, modified reports, and more.

android ios

your bank’s app

Screenshot of the Bank of America app for iOS.
Bank of America

If you’re looking for an effective way to manage your finances, your bank’s app may be the best solution. With real-time tracking of your banking accounts, you can easily monitor your expenses and income. However, choosing the right app is essential, as not all bank apps are created equal.

Some apps may offer better features, such as the ability to add other accounts, such as credit cards, retirement and investments. By doing this, you can get a better overview of your financial situation, which can be incredibly helpful in budgeting and planning for the future. The best part? Native banking apps are absolutely free. Contact your bank for more information.






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