Everyone in their lives faces daily financial challenges. Modern income and expense accounting programs – convenient and practical – are designed to facilitate routine personal cash flow management of a small and middle business.
Today, there are countless ways technology can help you manage your money, create a better budget, and even save on the purchases you make every day. We believe that each of these can be an important component of a holistic financial plan which is very useful for small and middle businesses.
We have found the best free applications and programs for managing personal finances on phones, smartphones, and tablets on Android and iOs systems, with a high rating and a lot of positive feedback from users.
MoneyManager
The application generates cash flows visually demonstrating the level of income and expenses, displaying statistical analysis data for any period of time. The program provides access to data using a computer. A double-entry function is used, the service allows you to plan the budget for different individual categories, managing debit and credit cards. Frequent transactions can be added to the “Favorites” category.
The user can backup and restore data, export information for sending by e-mail and Excel spreadsheets. Confidentiality of information is ensured by setting the user’s personal password.
Monefy
The application organizes a comfortable and timely system of accounting for the personal expenses of the user. The application has flexible settings and intuitive interface, which allows you to quickly add new entries and colorfully reflect the costs in percentage ratio on the pie chart.
The built-in synchronization function via Dropbox reflects the money picture, showing it to the whole family, combining several devices into one wallet. Cloud service stores backups of data, quickly recovering information in case of loss or failure of the gadget. Monefy has a built-in calculator and supports a password setting.
CoinKeeper
Passing the registration procedure, the service will save all data in the cloud, providing access to them from any device. CoinKeeper divides cash flows into four groups: revenues, expenses, accounts, goals.
Revenue – cash flows to user accounts from one or more sources. Expenses – the total amount of expenses, CoinKeeper allows you to set a limit of expenses for a month for a certain category, approaching the limit you will be informed by the system. Accounts – the money available, each card is reflected with an individual account. Goals – to create a financial flow aimed at the acquisition of benefits with a demonstration of cumulative progress. It contains detailed information on categories with summing up the results for the month.
Wallet
The application combines the functions of a notebook and a wallet. The service contains tables of the budget, cooperates with four thousand banks, automatically distributes purchases on categories. The wallet allows you to build a flexible budget, complemented by a schedule of debt repayment or a record of loan disbursement. Financial reviews and cash flow charts clearly demonstrate the debt situation and cash inflows on all bank accounts, debit and credit cards. The shared access function allows the whole family to use the application, making a feasible contribution from any device.
Zen-Money
Application relieves the user from tedious data input by fixing the cost of buying goods and paying for services after connecting the import function of operations, interacting with popular banks and payment systems. The application is able to read information from messages, visually demonstrating the overall picture of the financial movement, allowing the user to estimate the scale of free money and its reserve amount covering the mandatory payments.
Spendee
Multifunctional application for personal finances, clearly demonstrating all expenses on the diagram. The program has a comfortable interface, customizable color design of income and expenses categories. Invoices, checks in the form of photos can be linked to notes, adding to the program notifications of upcoming planned expenditures. Spendee supports automatic export of bank account expenses, credit and debit cards.
Finance PM
An application analyses the personal budget in detail, allowing for short- and long-term planning. It supports setting the limit by controlling the amount of costs of individual cost items. Allows simultaneous connection and management of several wallets, contains analytical data reflecting financial operations in the form of clear charts and graphs. The strengths of the program are: a variety of modes and functions, flexible settings combined with a concise design and clear interface
HomeMoney
This application has a simple and convenient interface, complemented by a minimum number of settings. The home screen contains tabs for invoices, records, and expenses, and there is a sync and new transaction option available. The user gets access to expense accounting, transfer of cash flow from account to account, fixing the balance. Collaborating with the web version of the application functionality increases, allowing the user to plan the budget, set goals and perform financial analysis of transactions.
Goodbudget
Personal expenses control software that performs the functions of a personal financial analyst. Goodbudget offers the user to create a financial plan for the month, linking the payments to certain calendar dates, entering data reflecting the allowable amount of costs for mandatory payments and other categories of expenses.
The program will demonstrate how accurately the user adheres to the planned goal, reflecting the data in the form of a pie chart with explanatory material. Each transaction is accompanied by a financial report, and the synchronization function supports up to five devices.
Acasa
The software will be appreciated by people who share an apartment or live in a dormitory. The main purpose of Acasa is to control joint expenses. The application allows you to add multiple users who can create personal transactions. The utility individually evaluates the balance of each account and tracks the debt obligations of users. Balance sheets and calculations are sent to the debtors by e-mail, allowing them to save their opponents’ nerves. The updated version has got the function of synchronization, allowing you to participate in financial operations with any device.
Conclusion
All applications above can significantly help you to manage your money. If you operate a B2B company, there is a way to put the control of your payments back in your hands using invoice financing which is very popular today. We hope this article was very useful for you.
