{"id":2413,"date":"2023-05-05T09:33:37","date_gmt":"2023-05-05T04:03:37","guid":{"rendered":"https:\/\/aayushbhaskar.com\/?p=2413"},"modified":"2023-05-26T14:55:03","modified_gmt":"2023-05-26T09:25:03","slug":"best-monthly-expenses-tracking-apps-india","status":"publish","type":"post","link":"https:\/\/aayushbhaskar.com\/best-monthly-expenses-tracking-apps-india\/","title":{"rendered":"9 Best Mobile Apps to Track Your Expenses in India","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

One of my most vigorous searches on Google Play Store has been the search for a monthly expense tracking app ever since I started a serious, full-time job in 2012, and decided to track my spends so I could stop being broke by the 20th of every month \ud83d\ude09<\/p>\n

Back then there weren\u2019t as many apps as are available now, and only a handful of the expense trackers had easy-to-use features.<\/p>\n

The scenario has changed in 2020. In fact, the entire gamut of expense tracking software has undergone sea changes in the last 5 years.<\/p>\n

Who Needs an Expense Tracker?<\/h2>\n

With the growing ease of spending through mobile wallets, there have been scores of apps to keep track of your expenses too.<\/p>\n

If you are a millennial or someone who is involved with money transactions on a regular basis and is still not keeping track of your expenses, you should start right now.<\/p>\n

And one of the better ways is to install an expense tracking app from your Google Play Store or iOS App Store.<\/p>\n

So which app should you download? We definitely do not want you to try the thousands of apps available. I have seen that sometimes the best-rated apps do not meet the required specifications we are looking for.<\/p>\n

Therefore, we have brought to you real-time reviews of 8 best expense trackers for Android and iOS users. Our detailed analysis includes the best features and not-so-great features.<\/p>\n

Pick out your choice of app, cut out on useless expenses, and start saving some money<\/a>. The earlier you start, the better it is. Like a wise man once said – The art is not in making money, but keeping it.<\/p>\n

Let\u2019s look at our tools for frugality.<\/p>\n

1. Wallet<\/a>\u00a0<\/b><\/h2>\n

\"\"<\/p>\n

I rate Wallet by BudgetBakers as the #1 expense tracker and money management app. There isn’t anything like it.<\/p>\n

The biggest feature of Wallet is Automatic Rules and Labels. You can create a custom expense and income tracking rule, with multiple custom categories, assign labels, and track everything in an organized way. Exactly how you want it.<\/p>\n

Once you start using Wallet, it’s a whole different experience. You can set planned payments, then create a budget and include the planned payments to see how much money you will be spending. There’s a graph that shows you if you’re going to overspend and by how much.<\/p>\n

You can see how much credit you’ve left, the cash flow, combine multiple accounts (including credit cards) at once, and filter through transaction records using keyword search.<\/p>\n

You can even use automatic rules to assign different categories and labels based on transaction keywords. Like assigning “Fun” money label to Apple App store purchases.<\/p>\n

You can create a budget for Fun Money and then set an automatic rule to trace the label “Fun”.<\/p>\n

If your bank isn’t supported, you can simply import your statement using a CSV file.<\/p>\n

A 4.7 rating and an Editor\u2019s Choice rank in Play Store are enough to recommend Wallet, a quality software from BudgetBakers. Made secure with Login and PIN, Wallet combines financial planning and budgeting along with tracking income and expenses.<\/span><\/p>\n

Wallet allows a number of cool features like syncing accounts with family members, and sync with banks. It is designed to give a comprehensive understanding of your finances from Day 1 of using the app.<\/p>\n

Described below are some of the best features of Wallet<\/p>\n

    \n
  1. \n
    Automatic Bank Sync<\/span><\/strong><\/h5>\n

    Wallet enables syncing your bank accounts with the app, thereby saving time on manual updating of expenses and income. Wallet also auto categorizes the spends.<\/li>\n

  2. \n
    Import from bank and spreadsheets<\/span><\/strong><\/h5>\n

    You can further import your expense spreadsheets to Wallet, and have the complete data prior to using the app.<\/li>\n

  3. \n
    Credit Limit Tracking and Budget<\/span><\/strong><\/h5>\n

    When you link your credit cards with Wallet, it helps you track the credit balance available.\u00a0 You can also create budgets with Wallet.<\/li>\n

  4. \n
    Sharing Accounts with Family<\/span><\/strong><\/h5>\n

    Wallet allows sharing of selected accounts with family members. Suppose you need some family members to co-operate on a budget that you have set. You can share with them the budget account, and they can collaborate from their respective devices.<\/li>\n

  5. \n
    Web Application<\/span><\/strong><\/h5>\n

    Wallet can be accessed through your web browser. This means that you can use the same login and password to access your wallet account in a PC also.<\/li>\n<\/ol>\n

    Some Other Features of Wallet Expense Tracking App<\/h3>\n