Five Best Expense Tracking Apps In India

Earning money is difficult whereas spending money is very easy. Money is one of the essentials when it comes to surviving in this age. It is necessary to manage money very efficiently. But with increasing use of credit cards and debit cards, our spending habit also changes a lot.

Your smartphone will help you in this situation for better money management. There are many money management and expense tracking apps which automatically track all your incomes, expenses and your Investments.

Here are five free expenses tracking apps that will help you organize your finances and manage your budget better.

mTrakr

mTrakr is a money manager app which lets you manage your money efficiently. It allows you to plan a budget. It works by analyzing your SMS sent by banks and billers, and processing documents that you click/upload. The app will help you to check whether you're spending as per your budget. It covers all aspects of personal finance and covers all the day to day needs of a common man. It will show you areas where you are spending and helps you reduce these expenses.You can manage multiple bank accounts with this app. Uses of the app include check your bank balances of all accounts and credit cards, tracking cash spends by reminding daily, automated bill reminders to pay the bills, and it also helps in calculating your tax liability.

Money View

Money View has a net balance view which in addition to getting your balance from SMS also gets your bank balance from online banking after one-time authentication. The app tracks your spendings. Money View shows nearby ATMs with cash also. It helps to save taxes by its feature of Tax Saver, provides automatic integration with Mutual Funds and the special type of savings account, etc. MoneyView tracks your messages received from non 10 digit numbers thus your personal data is safe. What Is Hike Wallet? How To Send Money Through Hike Wallet?

Chillr

Chillr is an another expense tracker app in India. It is launched by India's private sector bank HDFC. The app takes care of your mobile banking and utility payment needs. With Chillr you can transfer money, recharge accounts, and track expenses, etc. Chillr makes you remind your friends to pay up the money they owe you. The app can be used to split bills in a group as well as generate monthly transaction summaries and statements. In shops, you can scan QR codes to make payments. What Is Chillr? What Are The Uses Of Chillr App?

Wally

Wally is a personal finance app available. Wally is available for iPhone and Android. After you download and subscribe for Wally on your device, you will see three main tabs on the left side of the screen: home, income, and review. It helps you compare your income to your expenses. The app will guide you on where your money goes and set and achieve goals. Wally lets you keep track of the details as you spend money: where, when, what, why, and how much. With every expense you log in, you can take a picture of the receipt for your records.

Walnut

Walnut automatically tracks your expenses and groups it into categories such as bills, drinks, travel, etc. Walnut take control of your money. It helps in reminding Credit card, bank dues, split expenses with friends, transfer money, find ATMs, etc. It keeps track of your monthly ATM withdrawals, so you don't pay overuse fees. It keeps track of train, taxi, movie bookings and more. The app will add notes, tags and bill/receipt photos to transactions.

Moneyview

Money View is another great app that enables net balance view, and it picks your bank balance from SMS or via net banking after OTP verification.

• Displays a list of nearby ATMs

• Enables tax saving and reimbursement categorization

• Provisions investment in mutual funds and other savings account schemes.

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