Best Spending Tracker App Options for Managing Finances

Balancing your budget is never a fun task. There are many financial categories to consider and tracking multiple account types can be quite difficult. Fortunately, there are many budgeting apps available to make this process much easier. In this article, we are going to explore five of the best spending tracker apps available today. They will be listed based on their popularity. We will also cover any relevant drawbacks to the apps as well.

5 of the Best Spending Tracker Apps to Try

Mint

Mint is our top choice for the best spending tracker app. The interface is extremely easy to use and it’s very well designed. The app is loaded with features that make it a great choice for those who want to keep track of their spending habits.

One of the best features of the app is that is supports linking to multiple types of financial accounts. Some examples include credit cards, mortgages, bank accounts, and stock holdings. This allows the app to automatically pull critical information like your balances, due dates, and overall credit utilization.

The only downside is that the linking process can take some time. You have to manually setup each account link the first time you use the app. However, once it’s done it makes tracking your finances quick and easy. Mint is definitely our number one spending tracker app pick. It is compatible with Android and iOS devices.

Download it on Android.

Download it on iOS.

Prosper Daily

Prosper Daily is our second choice for the best spending tracker app. This app is still very well designed with a simple user interface. The app is designed to help you monitor your spending habits. It is also used to help check accounts for potentially fraudulent charges as well.

Prosper Daily is similar to Mint in regards to linking the app to your bank accounts. Once linked, you can review your recent transactions and flag any suspicious charges for later review. You can also elect to receive a visual breakdown of your spending habits relating to your accounts.

The only drawback to Prosper Daily is that it does not support some of the account types that Mint does. However, it is still an excellent app for those who want to track their bank account and credit card spending habits. The app is available for Android and iOS devices.

Download it on Android.

Download it on iOS.

GoodBudget

GoodBudget comes third in line for our best spending tracker app picks. The previous two choices both offered varying degrees of integration with different financial institutions. This type of account credential linking may make some users nervous. For those types of people, GoodBudget may be the perfect solution.

GoodBudget is a free app that is designed to mirror the old-fashioned envelope budgeting system. You simply allocate money to different categories in the app. Once you have allocated your spending goals, you input your spending as you complete transactions. The app requires no linking with your financial institutions to work.

It requires a bit more effort to input expenses, but the app does a great job displaying visual graphs of spending habits, savings, and more. This app is definitely a great choice for those who want more control over the types of information their budgeting apps have access to. It is available for both Android and iOS devices.

Download it on Android.

Download it on iOS.

Level

Level is another excellent option for those searching for the best spending tracker app. It comes in number four on our list. The app features a very well designed user interface that is very easy to navigate. To use it, you simply link it with your savings and checking account.

Once linked, the application keeps real time tracking of your spending habits each time. It will also send you a low balance notification whenever your accounts hit a certain threshold. The main area where this app shines is in its visual charting of your spending habits. For those of you who love pie charts and other visual aids, this app is likely a great fit for you.

One downside worth mentioning is that this app does not work with credit cards and other accounts. However, it is still an excellent choice for users who prefer a more basic approach to budgeting. The application is free and available for both iOS and Android devices.

Download it on Android.

Download it on iOS.

Pocket Expense

Pocket Expense is number five in our list of best spending tracker apps. This application is another option that is ideal for those who do not want to link their financial accounts with a budgeting app. It features color coded spending categories that allow users to quickly and easily see where most of their money is going each month.

The app does have two drawbacks. The first is that entering all of your spending information manually can be quite tedious and time-consuming. The second issue is that the free version only supports a limited number of spending categories. To unlock unlimited categories, you will need to make an in-app purchase. Pocket Expense is available for both Android and iOS devices.

Download it on Android.

Download it on iOS.

Keeping track of your spending habits doesn’t have to be difficult thanks to popular applications like these. Feel free to try some of these apps out for yourself and tell us about your experiences in the comments section below.