12 Best Apps to Track Expenses in India

“A Small leak will sink a great ship” – a beautiful quote by Benjamin Franklin. As the meaning of the quote, relating to even small expenses together becomes a hefty expenditure. With the latest technologies, we have advanced UPI apps that allow us to make easy online payments, with this convenience we pay in lots of places starting from having a coffee or tea for breaks with friends to shopping and eating in restaurants everywhere. The main problem with all this is we get lost in keeping track of all the expenses. Managing and keeping track of all the money we spend is very essential so that we can cut down some of the unwanted expenses and start saving money. Here is the solution, we have gathered some of the top expense tracker apps in India which will help us keep check on all your expenditures. So let’s get into the article and learn in detail about the advantages and 12 best apps for tracking expenses & their key features.

Advantages of Using Apps to Track Expenses

Using apps to track expenses offers numerous advantages that can help individuals and businesses manage their finances more effectively. Here are some key benefits:

1. Convenience and Accessibility:

• Mobile Access: Expense-tracking apps are usually available on smartphones, making it easy to log expenses on the go.
• Cloud Synchronization: Many apps sync data across multiple devices, allowing access from anywhere and ensuring that your information is always up-to-date.

2. Real-Time Tracking:

• Immediate Entry: You can record expenses as they happen, reducing the likelihood of forgetting transactions.
• Instant Updates: Your financial status is updated in real-time, giving you an accurate picture of your finances at any moment.

3. Budget Management:

• Setting Limits: Apps allow you to set budget limits for different categories, helping you avoid overspending.
• Alerts and Notifications: You can receive alerts when you approach or exceed your budget limits, promoting better spending habits.

4. Data Analysis and Insights:

• Spending Patterns: Apps provide visual reports and charts that help you understand your spending patterns.
• Financial Trends: You can track financial trends over time, making it easier to adjust your spending and saving strategies.

5. Receipt Management:

• Digital Storage: You can take photos of receipts and store them within the app, reducing paper clutter and ensuring you have proof of purchase when needed.
• Searchable Database: Receipts can be tagged and easily searched, simplifying the process of finding specific transactions.

6. Expense Sharing and Split Bills:

• Shared Expenses: Apps can facilitate splitting bills and tracking shared expenses among friends, family, or roommates, ensuring everyone pays their fair share.
• Group Management: Some apps offer features for managing group expenses, useful for trips or joint activities.

7. Financial Planning:

• Goal Setting: You can set financial goals, such as saving for a vacation or paying off debt, and track your progress within the app.
• Forecasting: Some apps provide forecasting tools to help you anticipate future expenses and plan accordingly.

8. Security:

• Data Protection: Expense-tracking apps often have robust security measures, including encryption and secure login methods, to protect your financial information.
• Backup Options: Many apps offer backup options to prevent data loss.

9. Eco-Friendly:

• Paperless Tracking: By digitizing expense tracking, these apps reduce the need for paper receipts and logs, contributing to environmental sustainability.

List of 12 Best Expense Tracker Apps in India

1. Wallet – Daily Budget and Profit Tracking App

Wallet is a market-leading personal finance manager specially created to help you save money, plan for the future, and manage all your finances in one place. It is recognized as the best app for expense tracking, Wallet offers automatic expense tracking through bank synchronization, covering all your accounts, currencies, and investments. This daily expenses app includes a money manager feature to help you budget effectively and achieve your financial goals. The wallet provides detailed reports on savings and debt and full income and expense reports, giving you actionable insights to manage your finances better.

The wallet also includes a tracker to organize and monitor your bills and due dates. You can automatically add bank reports or spreadsheets for easy expense tracking. As the best free expense tracker app in India, Wallet helps you keep track of all your daily expenses by syncing with your bank account. Manage your money from anywhere anytime with this top expense tracker app, ensuring you stay on top of your financial game.

Key Features: 

• Automatically syncs the bank accounts and categorizes your budget or transactions.
• Provides insights into your transactions with visual representations like charts and graphs.
• Organize the bills and it helps you to keep track of the due dates.
• Helps to create a budget and plan so that so can save money
• Supports multiple currencies, shopping lists, debt management, hash-tagging, geo-mapping, and many more.
• Cloud synchronizations of the app from all devices on which it is downloaded

2. Money Manager Expense and Budget

Money Manager Expense and Budget is a very flexible financial planning app available for Android and iOS, specially designed to help you track your expenses and budget effectively. It is also recognized as one of the list’s best apps for expense tracking, allowing users to record transactions, generate detailed reports, and review financial data effortlessly. Being one of the best free expense tracker apps in India, Money Manager helps you categorize all your expenses by days, weeks, months, and years. You need to input their income, expenses, and total savings, while accessing statistics, setting budgets, and adding small notes for easy and better financial management.

The app has special features like viewing transactions and balances by date, managing multiple accounts (work, personal, and family), and using double-entry bookkeeping to handle savings, insurance, loans, and real estate. This daily expenses app stands out as the best expense tracker app for those looking to keep their finances organized and under control.

Key Features: 

• Easy user-interface
• Can Review the monthly, daily, weekly, and also yearly expenses
• Another special feature is it provides Double-entry bookkeeping which will allow you to save money.
• Represents all your expenses in charts
• You can input and save the bills to keep track of the expenses.

3. Monefy – Budget and Expenses app

Monefy is a popular expense tracker app that allows users to easily track their budget and expenses. The app is available for iOS, Android, and Windows Phone devices, this free app has over 5 million downloads, making it one of the best apps for expense tracking. Monefy allows you to keep track of all your daily expenses, from coffee to monthly bills of shopping, electric bills, etc, with just a click. Simply enter the amount, and Monefy does the rest.

One standout feature of Monefy is its ability to sync data across multiple devices, allowing you to share expenses with your partner for better financial planning. Additionally, you can place a Monefy widget on your home screen for easier access and back up all your data to Google Drive or Dropbox in one click. This daily expenses app tracks all your purchases and bills, comparing them to your monthly income and budget planner to ensure your finances stay in top shape. With its user-friendly interface and vast features, Monefy stands out as the best free expense tracker app in India.

Key Features: 

• Each time you can input the expense and keep track of the expense
• Simple and easy-to-use interface
• Supports multiple currencies
• High privacy and security
• You can categorize the expenses

Suggestive Read: 10 Best Instant Personal Loan Apps in India

4. Jupiter Money – Personal Expense Tracker App India 

Jupiter Money was founded in 2019 by Jitendra Gupta, It is a great personal expense tracker app created to help users take control of their finances. As an expense manager and daily expenses app, Jupiter Money offers many features that allow users to track all their spending, pay bills, save money, invest, and increase their money while earning rewards on their expenditures. The app supports UPI-based payments and enables users to open savings accounts, providing a detailed approach to managing finances. With the automatic categorization of expenses based on grocery, food, and pet supplies, Jupiter offers real-time tracking of expenditures and insights, making it one of the best apps for expense tracking.

Jupiter Money can also be linked to multiple bank accounts, allowing users to calculate their finances by joining account balances and liabilities from loans. This feature eliminates the trouble of checking balances across many accounts. Users can also automate their savings and investments through no-fee SIPs for mutual funds, gold, and pots. If funds are insufficient, the app will automatically skip the SIPs. Jupiter provides a monthly overview of overall financial status, expenditures, and savings, making it an excellent tool for tracking expenses and the best personal expense tracker app for managing daily finances.

Key Features: 

• Can track your mutual funds
• Real-time expenditure breakdowns
• Helps to track and save money
• Categorizes your bills

5. Goodbudget – Best Apps to Track Expenses for Free 

Goodbudget is a top-rated expense tracker app and budgeting software platform that uses the envelope method to help users manage their finances and expenses precisely. The app is available on Android, iPhone, and the web, this best app for expense tracking allows you to sync across up to five devices, making it easy for your family. Goodbudget is created to help users who find it challenging to enter receipts, deal with transaction imports, or start keeping track of expenditures and save money. This expense manager app enables financial planning, assisting users in tracking their expenses and staying on top of their budgets, bills, and finances in real time.

As one of the best personal expense tracker apps, Goodbudget ensures that everyone in the home is on track with their financial goals. Whether you need a daily expenses app or the best app for tracking expenses, Goodbudget is at the top with its easy-to-use interface and effective money management features, making it a top choice for Mint expense tracker users in India.

Key Features:

• Can sync and share multiple accounts and devices
• Real-time reports like graphs and charts of expenses
• Helps to invest in mutual funds and SIPs
• Regular envelopes based on the expenditure and savings

6. Spending Tracker

Spending Tracker is an easy user-friendly application that is one of the best apps for expense tracking. This expense manager best app makes the process of monitoring all your expenses and revenue very simple, making it super easy to save money. The smart tabs in the app ensure that you do not have to need categories within each other, improving the budgeting process. Spending Tracker is the best app for tracking expenses, offering instant control over your spending. As a personal expense tracker app and daily expenses app, it helps you maintain your budget effectively. Download it for free to easily track your expenses and income, and discover why it’s an excellent option for Mint’s expense tracker in India.

Key Features:

• Notifies you if any unnecessary transactions
• Real-time statistics representation of expenses with graphs and charts
• Allows to upload all your bills and receipts
• Also helps to streamline the taxes while paying

7. FinArt – Expense Tracker

FinArt is a complete personal expense tracking tool that simplifies financial management. As the best expense tracking tool, FinArt combines and categorizes all of your financial transactions, including expenses, payments, and bills, using SMS data from your phone. It links with your banks, credit cards, e-wallets, and food cards to provide a smooth tracking experience. The expense manager best app is perfect for family budget planning, allowing multiple users to manage expenses in one account and also share dashboards. It also tracks subscriptions and alerts you about upcoming bills, making it the best app for tracking expenses. With instant bank balance checks and detailed categorization of expenses, FinArt stands out as a top daily expenses app, helping you stay on top of your finances effortlessly.

Key Features:

• Can integrate with other accounting apps
• Automatic tracking and categorizing the expenses based on SMS
• Notifies you about upcoming bills
• Highe privacy and security

Suggestive Read: Best Recharge Cashback Apps

8. Walnut – Axio Expense Tracker

Walnut is an outstanding financial services app that is known as the best tool for expense tracking. It helps users track expenses, bank balances, credit cards, and outstanding invoices, making it an important expense tracker app. The app is available only for Android, Walnut allows manual addition of expenses and provides an in-depth analysis across categories like food, fuel, and shopping.

The app also sends timely reminders to pay bills, helping users avoid late fees. Walnut automates and secures the tracking of monthly expenses, making sure users stay within their budget and save more every month. By analyzing SMS inboxes, Walnut tracks expenses, bills, and travel bookings. Additionally, it offers personal loans and the ‘Walnut Prime’ benefit, an instant line of credit for various purposes, with interest rates ranging from 14%-22% per annum and terms from 12 to 36 months.

Key Features:

• Categorises and tracks the expenses based on the input and also SMS.
• Links multiple bank accounts
• Provides personal loans
• Notifies about all the bill dues

9. MyMoney – Best App for Tracking Expenses 

If you want to track and save your money effectively, MyMoney is the best app for expense tracking. It simplifies managing your finances by allowing you to create and customize income and expense categories to meet your needs. With customizable category and account icons, titles, and currency settings, MyMoney makes tracking expenses simple and easy. It provides visual representations of income through pie charts, cash flow charts, and account contribution bar charts. The app’s user-friendly interface lets you manage your wallet, debit and credit card transactions, and savings effortlessly. You can create multiple accounts for comprehensive tracking and use MyMoney offline, as no internet connection is required. As the best expense tracker app, MyMoney ensures you stay on top of your budget daily.

Key Features:

• You can use the ap without a network connection
• Customizable categories based on your expenses
• Simple and easy-to-use interface
• In-depth analysis of expenses with visual representation charts

10. TrackWallet

TrackWallet is a top-rated expense tracker app that turns numbers into insights, helping you make informed financial decisions. Designed for everyone from beginners to professionals, it offers a clutter-free, ad-free experience. The app features customizable categories, colors, and icons, allowing you to personalize it to your preferences. TrackWallet provides a simple, user-friendly interface for tracking your budget and finances, offering a comprehensive view of all your money in one place. By adding transactions with a click, you can monitor your bank account balances, investments, credit cards, and loans effortlessly. Currently available for Android users, TrackWallet stands out as the best app for expense tracking and the best app for tracking expenses.

Key Features:

• Simple and user-friendly interface
• Customizable categories based on the expenses
• Allow to connect multiple bank accounts

11. Buddy – Best Free Expense Tracker App in India

Buddy is one of the best expense tracker apps allowing you to easily create a budget and track your expenses. Whether managing finances alone or with loved ones, Buddy ensures you won’t spend too much on your earned salary by creating a budget plan customized to your needs. Buddy, is known for its simple user interface and is one of the great personal expense tracker apps. You can connect your accounts and monitor your financial status directly through the app, making it a highly efficient expense tracker app. Taking control of your expenses has never been easier with Buddy.

Key Features:

• Helps to connect multiple accounts
• Detailed report about the expenses
• Automatically categorizes all the expenses and tracks it

12. Spendee – Best App for Tracking Expenses 

Spendee is an excellent expense tracker app that allows users to easily manage their expenses. Being one of the best apps for spending tracking, enables users to connect their bank accounts and sync transaction data, providing that all expenditures are tracked in one place. This complete spending tracker tool also supports cryptocurrency wallets, automatically categorizing all transactions and presenting them in simple visuals. These visual insights help customers understand the way they spend and take the required steps to meet their financial objectives. Spendee also reminds users about their progress, which helps them stay within their budget. The app also allows you to share dashboards with partners and family members, making it a great tool for expense tracking and managing finances together.

Key Features:

• Reminds of bill due dates
• Helps to control overspending and save money
• Can link multiple accounts and access to family members

Suggestive Read: 7 Best UPI Apps in India to Make Payments

Conclusion

I guess by now you would have got an idea about expense trackers available in India for both Android and iOS users. So, from now you can easily keep track of all your expenses cut down some expenses, and better start saving money.  Hope so this list of top expense trackers is very helpful and helps to manage our bills and finances.