In the current world, where everything is just a click away, budgeting doesn’t have to be difficult for most individuals. However, some Millennials have a nasty tendency of overspending without considering the consequences. It’s also true that managing money is a difficult task. Some people find it easier to make money than it is to save it. Keeping track of all transactions is sometimes ignored when everything is bought and purchased online. All of these considerations point to the necessity for a personal finance app to assist with financial decisions. You may link your finance app to a bank account and track all of your expenses in one place.


Moreover, starting to plan and save for your retirement in your twenties can seem onerous and, let’s be honest, a little boring. But go ahead and do it because your future self will thank you. And while stocks may appear to be a foreign language spoken by old men with pocket watches, you, too, can learn it. These are working times. Whether you are successful in generating a lot of money or barely scrape by, it’s significant to keep track of where your finances go. Besides, there are numerous channels to keep track of your expenditures, assets, and other financial matters. On the other hand, apps are a terrific option because you’re probably always carrying your phone in your pocket. Let’s look at those apps that will help you to manage your finances given below. 


These personal finance applications can also show you where the majority of your money goes and how you should balance your expenses. In addition, users can take advantage of a variety of services that will help them keep track of their spending. In this regard, here’s a list of the top 5 personal financial applications from which you can choose to manage your finances.



Mint is one of the most prominent financial apps available, with nearly all of the necessary functions. It brings together all of the financial services in one location. The software will require you to link your debit and credit cards. The software will automatically create a list of your purchases for you. It also divides all types of expenditures into distinct categories, making the statement easier to comprehend for the user. You’ll get an avenue to keep track of your bills and stay to your budget far more easily this way. Mint now offers free access to your credit card as part of its latest offering. You’ll also get a breakdown of your credit score, which will help you keep your credit history clean. Finally, mint sends an email to your account informing you of the manually paid bills.



You Need a Budget is the complete version of the acronym YNAB. YNAB is one of the most helpful and well-designed finance apps accessible. It differs from other financing apps in that it teaches users how to manage debt and provides direct support. It uses videos, podcasts, publications, workshops, and other support forums to reach out to users and educate them. Along with teaching you how to use this software, it will also keep track of your debt repayment progress. Users may easily understand the data because it is displayed in vivid diagrams and graphs. It also implies that you keep track of your income and expenses to see the amount of debt you can pay off in a month. This function keeps you out of debt and ahead of schedule. It ensures that you understand everything you do with your money and that you handle it wisely.



Spendee offers complete control over all of your cash transactions, bank accounts, e-wallets, and cryptocurrency wallets. It enables you to make wise financial decisions. You receive a detailed picture of your whole income and expenses through a look and in one spot. Simply link your bank account to Spendee, and all of your transactions will be instantly imported. You can also record manual expenses by adding them to the list. Spendee helps you know where you spend your money and where your money comes from in this method. All of the information is presented in easy-to-understand graphs and charts. The app is simple to use, and anyone may use it. You can also set a typical budget with it. The software will make sure you don’t go over budget and don’t have a high debt-to-income ratio.



Unifimoney is an iOS software that allows you to manage your finances in one place. Notably, it not only saves you time but also makes budgeting, saving, spending, investing, and other tasks more efficient. Unifimoney is more than just a financial management tool. It offers a credit card and a high-yield checking account, as well as investing tools. Commission-free trades, Robo-investing, crypto-investing, and a reward credit card are among the top features. While signing up is free, you may incur certain costs along the line, such as a 0.15 per cent fee for Robo-investing.

Personal Capital

One of the most well-known money management applications available is Personal Capital. It allows you to keep track of your spending while also providing information on your investment accounts. The interface is simple to use on a desktop, laptop, tablet, or phone, and the images are clear. Besides, graphs of your investments by asset class, investment account, or individual investment are feasible to understand, making it simple to follow and manage your portfolio’s performance. In some situations, you may be able to seek assistance from an investment specialist.


Personal Capital’s budgeting features aren’t as powerful or easy as some of the other money management software, but they do the job. Personal Capital’s key benefit is that it gives you a complete picture of your financial situation.



As a millennial, navigating finance may be difficult. We have subscription services to handle, digital investments to investigate, and a lot of money to learn about; it can be exhausting. Fortunately, as the world becomes more complicated, so are the apps that can help you navigate through it. You can use technology to better understand your finances and manage your money. Discover the best money management app for you and see your financial condition improve. So, from the list of apps provided above, pick the one that best suits your demands and appears to be the most relevant. So, from now on, make all of your financial decisions technically, and you won’t have to wonder where your money is going!


Author Bio 


Abhyank Srinet is a passionate digital entrepreneur who holds a Masters in Management degree from ESCP Europe. He started his first company while he was still studying at ESCP, and managed to scale it up by 400% in just 2 years. 

Being a B-School Alumni, he recognized the need for a one-stop solution for B-School to get in touch with schools and get their application queries resolved. This prompted him to create MiM-Essay, a one-of-a-kind portal with cutting-edge profile evaluation and school selection algorithms, along with several avenues to stay informed about the latest B-School Updates.

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