3 Best Personal Expense Tracker App | Personal Expense Manager Apps In India

6 Best Personal Expense Tracker App | Personal Expense Manager Apps In India

Nowadays everyone wants to manage their money in a better way. Whether you are a student, a working professional or running a household, a good Personal Expense Manager App can be very useful for you. These apps help you track your expenses, create a budget and achieve your financial goals.

There are many types of personal expense manager apps available in India. Read on to know about some of the best apps.

At present, the market is flooded with lots of personal expense manager apps on the App Store, but only a few of them are good enough to use. In this post, I am going to tell you some of the best online expense tracker apps for Android and iOS that will help you manage your finances in a better way on the cloud. So, even if you change your mobile or clear your phone data, your Expense Manager Data will still be safe.

What is a Personal Expense Manager App? (Personal Expense Manager Apps)

Personal Expense Manager or Online Expense Tracker Apps are mobile applications that allow you to record your daily expenses, divide them into different categories and analyze them. With the help of these apps, you can easily find out where you are spending your money and where you can cut down.

Expense Manager is a tool app/software that keeps track of your daily, monthly, or yearly expenses like bills, utility, rent, travel, and other such things. It will help you save money and let you know which things cost you the most at a given time.

Mostly Personal Expense Manager Apps are used by shop owners, businessmen, or travel bloggers to track their monthly expenses.

As a blogger, I think everyone needs to keep track of their expenses even if you are not doing any business. It will not only help you track your monthly spending but also encourage you to save money.

Why Use Personal Expense Manager?

Before we start with which option you should choose, let’s look at the reasons explaining the need for the best Personal Expense Manager Apps.

Many of us don’t know where our money goes by the end of the month. To avoid this, we need to identify the high share of our expenses.

If I talk about myself, I find it very boring to write down daily expenses on an excel sheet or diary. I have tried many times but could not do it consistently.

Identifying and resolving such issues is an important aspect to run your finances better. This is where using a personal expense manager app can be a great decision.

Benefits of Personal Expense Manager Apps

There are various benefits of having a personal expense manager or online expense tracker app on your phone:

One-stop view of all expenses: You can write down what you bought today, for how much, all at one place. This lets you know where your money is going.

Easy to budget: You can decide how much you can spend each month and the app will tell you if you are staying within your budget.

Expense analysis: Apps show you where most of your money is going through graphs and charts. This lets you know where you can reduce expenses.

Help in saving: Apps help you track your savings. You can see how much money you are saving each month.

Easy to set goals: You can set any goal, such as buying a new car or going on a vacation. The app will tell you when you will be able to achieve your goal.

Apart from these benefits, personal expense tracker apps also help you save and manage expenses by providing tips using artificial intelligence. Some of the best personal expense tracker apps may have suggestions about investment opportunities.

How To Choose Personal Expense Manager Apps

Let us move on to the factors to consider before choosing the right app. If you are wondering why when we are discussing the best expense tracker apps in India, no one speaking in a general sense can say that this app is the best. You are the best judge and the one to decide which app suits you.

Cost – Many apps have two modes – a free version and a premium one. If you are new then try to get the free version which suits your needs.

Syncing and backup: Does the app sync your data to the cloud? This helps in keeping your data safe and accessible across different devices.

Budgeting tools: Does the app help you create and follow budgets? Some apps can also send you alerts to limit your expenses.

Financial goals: Does the app help you set and track your financial goals? Such as buying a house or going on a vacation.

Social features: Do you want to share your expenses with your friends or family? Some apps let you do that.

Customization: Can you customize the app to suit your needs? Such as creating your own categories or customizing reports.

Ease of use: Is the interface of the app simple and easy to use? Can you easily enter your expenses and view reports?

Customer support: Does the app offer good customer support? Can you easily get help if you face any issues?

Some other tips:

Identify your needs: First, identify your needs. What kind of app do you need? A simple app that just tracks your expenses or a more advanced app that helps you create a budget and set financial goals?

Try different apps: Try the free versions of different apps and see which app suits you best.

Read online reviews: Read online reviews of apps so that you get to know about the experience of other users.

1. axio: Expense Tracker & Budget

For this era, Axio is the most attractive and great app. Moreover, it is already quite famous with millions of users and good ratings. Axio is the best Axio Expense Tracker to use everywhere. It has amazing features to track your expenses as well as savings.

Expense Tracking via SMS: Axio is first known for tracking your expenses via SMS. This feature is very convenient for you as you do not have to manually enter your expenses every time.

Bill Payment Reminder: Axio reminds you about the payment date of all your bills ahead of time. This way you will never forget any bill and can avoid late payment fees.

Splitting Expenses: If you have made any expense with a friend or family member, Axio helps you split that expense.

Reports: You can download a detailed report of your expenses in CSV or PDF format. This report will help you analyze your expenses.

Additional Features: Axio also lets you manually enter expenses, take backups, create custom categories, and check your bank balance.

Loan Facility: Axio also offers you small loans.

Some other factors that make Axio the best expense tracker app:

User-friendly interface: The interface of Axio is very easy and user-friendly. Anyone can easily use this app

2. Monefy – Budget & Expenses app

Monefy is a very useful app that helps you manage your money. Let's know why this app is so popular.

Features of Monefy:

Easy data backup: You can easily backup your expenses data to Google Drive or Dropbox. This keeps your data safe and you can access it at any time.

Strong security: With the app lock feature, you can keep your privacy safe. No one can see your expenses without your permission.

Visual analysis: With the help of pie charts, you can better analyze your expenses. This lets you know where your money is going.

One-click data export: You can export your expenses data in one click.

Additional features: There are many useful features like built-in calculator, reminders for repeating payments, budget tracker, management of multiple accounts and dark mode.

User-friendly interface: Its interface is very easy and attractive. Any person can easily use this app.

3. Money Manager Expense & Budget

Money Manager is a great mobile app to manage your personal finances!

This app helps you to:

Keep track of income and expenses: You can easily enter your earnings and expenses.

Create and follow a budget: You can create a budget and see how much you have spent and how much is left.

Manage your assets: You can keep track of your bank accounts, investments, etc.

View reports: You can view reports of your expenses and understand where your money is going.