We live in uncertain times, and it can be important to keep track of our finances so that we’re better prepared should the market get turbulent. Also, those regular little expenditures like going for drinks and shopping may feel like necessities and therefore pointless to track too vigorously, but it all adds up. Thankfully, there are plenty of apps for Android that make it easy to keep track of your expenses, and we’ve rounded up the best of them.
After all these years, Mint (formerly Mint Bills) continues to lead the way in terms of making your finances manageable via your smartphone. You can set it to remind you of bill payments, then make the actual payments through the app. It can sync with your credit score, too, giving you constant tabs on that precious, mysterious figure.
On top of all that, it does everything you’d expect, from organizing and showing your regular spending habits to figures, bars and colorful charts, all of which makes your expense management a little less intimidating.
Coming in free and paid flavors, Expensify is another long-standing app that helps you with day-to-day expense management. In the free version you can scan up to ten receipts a month (unlimited in the paid version), and it’s nice and easy to import your financial info from bank accounts, credit cards and so on. You can even track expenses by distances covered (using GPS) and by setting your hourly rate.
Some people may be a little unsettled by the fact that Expensify is a cloud-based app, but they reassure us that all data is tightly secured behind HTTPS and TLS encryption. Who are we to argue?
3. Financial Calculators
Not exactly an expense tracker in itself but a vital accompaniment to one. Financial Calculators is a collection of around 50 calculators that you can set up to work out various complex payments like pensions, loans, mortgages, credit card pay-offs and (that boondoggle of going on vacation) tips.
Other calculators include auto loans and stock market information, and it has a definite US-centric slant with things like social security estimators, college savings calculators and more. In short, you should use this alongside your main expense tracker.
Possibly the most elegant app on this list, Monefy is very pleasing on the eyes and a joy to use. On its main screen it depicts all your main expenses through a ringed, color-coded chart showing what percentage of your spending goes for what. You can then tap whichever section you want to take a closer look at to get more info on your spending in that particular area.
It’s a cinch to import receipts and records into the app, and you can jump straight to specific areas of your expenses through homescreen widgets.
Simple in name but robust in nature, Wallet is a financial tool that does it all without fuss. It syncs with your bank transactions if you so wish and has cloud sync, too, which means you can access it from multiple devices. One of its most understated but clever features is a widget that lets you enter expenses right from your Andorid home screen.
And you can also share your accounts with family members, partners and so on, making it great if you want to track shared expenses.
These are our picks for the best expense trackers. All of the above continue to receive regular updates and improvements where many other formerly great apps have long since fallen by the wayside. Do you use one of these or perhaps a different one? Let us know in the comments.
This article was published in June 2013 and was updated in February 2018.