Top Apps For Personal Finance Management in 2025
Many people make financial resolutions at the start of a new year to manage their money efficiently and save more. As 2025 approaches, starting to use a budgeting app is a good place to start. It allows you to quickly set up a budget, track your expenses and spending habits, and hold yourself accountable to reaching savings goals.
With countless budget apps available, choosing one can be a bit challenging. To help you, we have outlined some of the best apps for personal finance management.
Important Features of Personal Finance Management Apps
Like any other market, personal finance management and budgeting is also a crowded market. Standing out from the competition also means having unique features that offer exceptional value to your target audience. However, certain features are must-haves for almost all personal finance applications. Let’s have a look at the essential features of a budgeting app.
Tracking expenses
The primary goal of a finance management or budgeting application is to help people track their expenses. A must-have feature is finance tracking to help users understand and manage their expenses in one place. Add analytics and statistics to offer deeper insights into expense tracking so that users can stay on top of their finances.
Budgeting tools
Tools for budget planning are an essential feature set for efficient management of finances. Users must be able to set budgets for different goals both personal and business goals. Budget tracking, setting goals, setting budget limits, emergency funds, shared budgeting, etc are some of the important budgeting tools.
Bills reminder
A budgeting app for finance management also reminds its users to efficiently track both one-off and recurring bill payments. This also helps users maintain their credit score which boosts the efficiency of their finance management.
Analytical tools
Analytical tools are another important feature that every budgeting app must have. With this, users get access to deep insights into their spending behaviors, and income distribution helping them to make informed decisions and gain content of their finances.
Personal loan facility
While this isn’t a must-have feature, loan app development is something that you can consider if you want your personal finance management app to stand out from the crowd. Users must be able check whether they are eligible for a personal loan and even apply for one through the app.
Best Apps for Personal Financial Management
Budgeting apps help track income and spending and find smart ways to help you stick to your financial goals and save money. With a plethora of budgeting apps out there, you must choose the one that best suits your requirements.
To make the job easier for you, we have shortlisted some of the best personal financial management apps that fit different budgeting styles.
Goodbudget
Goodbudget works is a digital version of the envelope style budget system which is a traditional approach to budgeting.
The personal financing app helps users assign different expense categories like rent, utilities, groceries, entertainment, fuel, eating out, etc to different envelopes. Users can allot a specific amount of money to each category and once you have finished spending the money allocated in a specific category, you can't spend any more.
Key features
GoodBudget has several courses for users on how to use the app.
The app allows users to view reports of their income vs expenses and breaks down the spending.
Allows syncing budgets across all devices and the premium version allows creating multiple accounts and sharing budgets with others.
Pros
A free version is available.
A simple approach to managing your budget.
Generates sending reports.
Resources to help users.
Cons
The free version is limited.
No efficient expense tracking.
No investing tools.
Pricing
GoodBudget is free and has a premium version that comes at $8 monthly or $70 annually.
Credit Karma
Mint was one of the popular personal budgeting apps that got shut down and users were asked to migrate their information to Credit Karma, the new app. While Credit Karma isn’t exactly like Mint, it falls short when it comes to budgeting features. Users can’t set monthly or category budgeting limits.
Key features
Credit Karma allows users to connect bank accounts, and credit cards to track transactions and payments. Users can categorize their transactions to see where the money is spent.
The app offers credit scores based on TransUnion’s credit reports.
Users can also leverage the connected accounts like car loans and view the progress.
Pros
Free version available.
Allows users to track bills and payments.
Great support.
Cons
Minimal transaction details.
Lacks budgeting feature.
Pricing
Credit Karma is free and comes with a paid version too.
You Need a Budget (YNAB)
YNAB is a unique personal budget management app with a focus on teaching users to find smart ways to save more money.
But unlike other personal finance apps, YNAB needs a deep involvement of users and needs regular attention.
Key features
Users can set how much money they need for bills under different categories.
Import transactions from bank and credit card accounts and money can be assigned to the categories.
Allows planning budgeting into future months.
Pros
Teaches users how to save in advance.
Proactive and hands-on approach to save more money.
Easy to use and great web interface that is free of ads.
Cons
The Android and iOS apps aren’t full-featured when compared to the browser version.
Pricing
YNAB isn’t free but offers a free trial of 34 days and bills you $14.99 per month or $99 per year.
Rocket Money
The budget app is aimed at empowering their lives to live in financial freedom. Users can start by choosing goals and options like tracking spending, creating a budget, growing savings, managing subscriptions, etc. Then, you need to enter the bank details through a third-party company Plaid, and detect your subscriptions to help save money.
Key features
Autopilot savings and bill negotiation.
Budgeting tools to track experiences.
Credit scores and net worth.
Insights on spending behaviors.
Pros
Easy to use with detailed graphs.
Notifications on upcoming spending and bills.
Choose what you pay for services.
Cons
Asks for sensitive personal information.
Bill negotiation costs are high.
Pricing
Rocket Money comes with a 7-day trial period after which users have to $ 4 to $ 12 per month and $48 and $144 per year.
Conclusion
A personal finance management app can help you get an overall financial picture on the go. This little addition to your app list can help you take control of your finances, optimize spending, and achieve financial freedom.
If you are looking to build a personal financial app to keep your customers close and help people track their expenses and become financially smart, get in touch with us to get started.