Budgeting your money is very important. We live in an era where subscription services are commonplace. You have the usual rent and utilities to pay. Also, money is a bit tighter now than it used to be, relatively speaking. Balancing a checkbook is dead, but some apps do the same thing much faster and more efficiently. These are the best budget money management apps (on Android)! We would also like to give an honorable mention to Our Budget Book (Google Play link).
What do budget apps do?
There are two main types of budget apps. The first is a cost tracker. This is usually used by people who deduct a lot of things from their taxes. Business owners who travel a lot, bloggers like us, truck drivers who track meals and mileage, and all sorts of other professionals use expense counters. This way you know how much money you spend on all the things you need for your work (and life). You will then have all the information you need when tax season starts to pick up.
The other style of budgeting application is the one you are probably thinking about. It keeps track of your banking budget, your expenses, bills, utilities, and other things. They are useful for keeping track of where your money is going so that you lose less of it. They are especially useful for people who manage multiple accounts at once and pay many of their bills online.
Price: Free (with ads)
AndroMoney is one of the most popular and successful expense trackers from Google Play. The app also offers cross-platform support for the web and iOS. Some of the features include multiple accounts, support for account balances and transfers, budgeting features, support for multiple currencies, and backup to Excel when needed. The design is surprisingly sleek and the reviews are laid out in a logical and easy-to-read way. We also love that this is a free app. There are ads, but it’s hard to keep a budget when you’re spending a hundred bucks a year on a subscription option. In any case, there is not much wrong with this app. It seems to work very well.
Price: Free / $4.99
Financial calculators are an essential tool in determining your budget for the future. The app is essentially a collection of calculators that can help you figure out different things. For example, it has a loan calculator so you can see what your payments and interest will be. This app has about three or four dozen calculators in total, ranging from buying a home to flat versus flat rates. adjustable and even a return on investment calculator. It won’t manage your money, but it will help you make fewer wrong decisions about your next purchases. It is one of the must-have budgeting apps.
Price: Free / $6.00 per month / $50 per year
Goodbudget is a very popular app for budgets. It supports multiple platforms so you can check on Android, web, or iOS if you want. Everything is synced across these platforms. Plus, you get expense tracking, income tracking, and some other decent budgeting tools. It uses material design and looks cute. You can also export your data as a CSV, QFX (for Quicken), and OFX (Microsoft Money) file if needed. It is one of the simplest budgeting apps. Some of the main features are free. For the rest, you need a subscription.
Google Sheets (and similar apps)
Besides taking a piece of paper and writing it down, using a spreadsheet is as old-fashioned as possible. Google Sheets and similar apps work very well as budget apps. Just fill in the cells with your income, expenses, and other details. You can see what you earn and spend every month. Google Sheets is completely free, so we recommend it. However, just about any office (with spreadsheets) or spreadsheet application will solve the problem. It’s old school, but it’s also much simpler. It is a good option for those who are very security conscious.
Mint is a replacement for an older app called Mint Bills. Both are developed by Intuit, the same company that makes TurboTax. This one has many functions. You can see everything in one place, manage your bills and money, and even pay your bills if you want to. It also gives you your credit score, reminds you of upcoming bill payments, multi-factor authentication (for security), and a web app you can use. Some mourn the death of Mint Bill. As a result, it received many star ratings. However, it seems to have been restored.
Price: Free / $2.50
Monefy is one of the simplest budgeting apps. Its claim to fame is its speed of use. The application tries to configure itself so that adding new data is quick and easy. It usually does a pretty good job. Plus, you get multi-currency support, a built-in calculator, password protection, Dropbox integration, widgets, and more. The interface takes some time to learn. However, once you start using the app, it’s easy. You can get the free version from the link above and the pro version costs $2.50.
Price: Free / $3.99
Simply called Money Manager is an effective money budgeting application. It provides a more visual experience so you can see where your money is going instead of just reading numbers. You also get a password lock, asset management, instant statistics, and up-to-date accounting. You can also backup and restore your data in case you need to switch devices. It also outputs in Excel spreadsheet format if needed. He uses Material Design. This makes the user interface look good. The download is free with the professional version at $3.99. You can also use this app for free if you subscribe to Google Play Pass.
My Budget Book
My Budget Book is a serious app. It contains all kinds of fine details and lets you set limits per category. So you can control how much you spend on clothing, entertainment, etc. Plus, it offers 100% offline support, no ads, no in-app purchases, and a Material Design-themed interface. Everything is highly customizable and that’s what makes it powerful. You can also export to HTML or CSV. It doesn’t have common advanced features like cross-platform support, but it doesn’t need it either. The only drawback is that you have to pay this in advance.
Price: Free with in-app purchases
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My Finance is one of the best budget apps. In addition to the regular stuff, you can manage multiple accounts, plan for future expenses, and even see a full history of your actions. It is packed in a colorful material design interface. It is customizable and allows for repetitive expenses (like bills). That means it takes some time to set up, but it should take care of almost everything. In addition, the app is still under development. Developers have already promised things like device sync in future updates.
Price: Free with in-app purchases
The wallet is an app with a mission. The goal is to help you get your tumultuous financial situation under control as quickly as possible. Like many, it syncs your balance and transactions with your real bank. It also offers account sharing so you can share it with your partner, accountant, or whatever. It also supports multiple currencies, cloud sync, guarantee tracking, templates, shopping lists and can be exported to various file types. Everything is done with a material design interface. It’s worth a look at the very least.
Your banking application
Price: Free (usually)
Your banking app is also a pretty decent budget app. You can view your balance, recent transactions, pay bills online, transfer money, and more. Some banks have more resources than others. However, they generally all get the basics right. Those who only need basic budgeting tools can usually settle for just their banking application. Many credit card companies also have official apps and you can use them just like banking apps. Official banking apps often also have automatic payment for your bills, the ability to download bank statements, and other things you might need, especially during tax season.
If we missed any of the best budget apps, let us know in the comments!