Managing personal finances can be a daunting task, but with the right tools, it can become much easier. In 2024, there are numerous personal finance apps available that can help you track your spending, create a budget, and set financial goals. Here are the 11 best personal finance apps for 2024, each with its unique features and benefits.
1. YNAB (You Need a Budget)
YNAB is a popular app that follows the zero-based budgeting system, where every dollar is assigned a job. It offers features like automated savings, investment tracking, and bill tracking. YNAB is available for both iOS and Android devices and costs $99 per year or $14.99 per month, with a free trial for the first 34 days.
2. Quicken Simplifi
Quicken Simplifi is a comprehensive app that targets users with complex financial lives. It offers features like custom budget plans, investment tracking, and projected cash flow. The app is available for both iOS and Android devices and costs $2.99 per month, with a free trial available.
3. Rocket Money
Rocket Money is an app that helps users track their spending and create savings goals. It offers features like bill negotiation, investment tracking, and credit score monitoring. The app is available for both iOS and Android devices and is free to use, with optional premium features.
4. Empower
Empower is an app that offers features like net worth tracking, budgeting, and automatic categorization. It is available for both iOS and Android devices and is free to use, with optional investment management services.
5. EveryDollar
EveryDollar is an app that follows the zero-based budgeting system and offers features like budget customization, savings tracking, and debt pay-off planning. The app is available for both iOS and Android devices and costs $17.99 per month or $79.99 per year, with a free version available.
6. Goodbudget
Goodbudget is an app that uses the envelope system to track spending and expenses. It offers features like manual transaction tracking and budget customization. The app is available for both iOS and Android devices and is free to use, with optional premium features.
7. Monarch
Monarch is an app that offers features like budgeting, investment tracking, and credit score monitoring. It is available for both iOS and Android devices and costs $14.99 per month or $99 per year.
8. PocketGuard
PocketGuard is an app that helps users track their spending and create savings goals. It offers features like automated expense tracking, bill negotiation, and investment tracking. The app is available for both iOS and Android devices and costs $12.99 per month or $74.99 per year, with a free version available.
9. Copilot
Copilot is an app that tracks investments and categorizes expenses. It is available for iOS devices and is free to use, with optional premium features.
10. Mint
Mint is a popular app that offers features like budgeting, investment tracking, and credit score monitoring. However, it will be shutting down on March 23, 2024, and users are encouraged to migrate their data to Credit Karma.
11. NerdWallet
NerdWallet is a personal finance app that offers features like budgeting, investment tracking, and credit score monitoring. It is available for both iOS and Android devices and is free to use, with optional premium features.
Conclusion
Choosing the right personal finance app can make a significant difference in managing your finances effectively. Each of these 11 apps offers unique features and benefits, so it's essential to explore and find the one that best suits your financial needs.
