With the advent of digital India and the great ease of the Unified Payment Interface (UPI), making payments is now easier than ever. But this ease has created an issue for the people, and it is hard to keep track of money.

Although a necessary skill, many of us seem to have problems in managing money. If you are such a person, we are here to help manage your finances better.

To manage the money that you spent, we have shortlisted seven best money management apps that are available on both iOS and Android.

Spendee

Developer: Spendee | Size: 11MB (Android); 180.5 (iOS) | Price:Free with in-app purchases.Probably the best app available to track one’s expenses. You can link your bank account with this app, which uses the bank related security information in a read-only mode and also keeps the data in an encrypted system.

It provides a great way to analyse your expenses and incomes using pie charts and bar graphs. Spendee extracts information from your bank account and then categorises it into various genres so that you know how much you are spending on a particular category. It also has a widget so that you can easily add transactions from your home screen.

This money management app comes with a wallet feature where you can add cash and then monitor your payments accordingly. The app is also secured with an app lock so that all your transactions are private. You can also make budgets for various events and add bills in a recurring manner so that you don’t have to add them again and again.

To install the app on PlayStore click here

For the Appstore click here

Mint

Developer: Intuit | Size:255MB (iOS) | Price: Free with in-app purchases.

This is also a great money management app. It not only tracks money in your bank accounts but also tracks your financial transitions in various markets. Unfortunately, this app is only available for Apple users.

One can download an APK from the internet, but it could probably lead to malicious use of accounts as the play store in such cases does not verify the app. Not only does it provides all the features that are given by Spendee but also offers various extra features.

It comes with machine learning algorithms that give insights according to your spending and financials to help you save more. These insights are known as Mintsights, which are custom-tailored for you and can help to reach your financial goals

To install this app on AppStore click here

Also read: Top 7 lyrics apps for Android

YNAB

Developer: Youneedabudget | Size: 6.6MB(Android); 64 (iOS) | Price: Free with in-app purchases.If you are a person who is not good at budgeting, this is the app for you as it will help you effectively manage your income. Dividing your income into subcategories, you can set budgets for each category. It offers bank sync but is only available in the US and Canada. If you want to save money by setting strong budgets for different expenses, this is the best app for you

Click here to download the app on play store

To download it on Appstore click here

Bluecoins Finance

Developer: Mabuhay Software | Size: 11MB (Android) | Price: Free with in-app purchases. If you’ve studied commerce, you might enjoy this app more than others. It makes balance sheets of all your expenses and incomes. And yes, it comes with a dark mode option. It shows all your information on various graphs. Additionally, the app comes with standard features like adding recurring bills, making budgets for events, app lock and most of all, a great user interface with minimal advertisements.

This app is one of the highly recommended apps if you want your expenses to converted into balance sheets.

To install this app click here

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Wallet

Developer: BudgetBankers | Size: 23MB (Android); 77.3 (iOS) | Price: Free with in-app purchases.This app, similar to Spendee and has a few extra features like reminders to add expenses. The only issue is that you have to pay a premium to avail features like bank sync on the Spendee app. Without the premium version, you lose out on a lot of features. But if you don’t mind paying a few bucks, then it’s one of the best money management apps on the play store.

To install this app for Andriod click here

To install this app for Appstore click here

Money Lover

Developer: Finsify | Size: 19MB (Android); 103.4 (iOS) | Price: Free with in-app purchases.This app has the highest number of positive reviews and comes with all the features which are mentioned in the apps above. The only issue with this app is that it has a lot of advertisements that every millennial hates. Also, it does not support bank sync with many Indian banks.

To install the app for Android click here

To install it on Appstore click here

Splitwise

Developer: Splitwise | Size: 56.13MB (Android); 63.6(iOS) | Price: Free with in-app purchases.This is a must-have app for millennials who are currently sharing flats with roommates. It removes the awkwardness of splitting bills between friends. The user interface on the app is mesmerising and makes managing and remembering balances with friends less cumbersome. Link it with your Paytm wallet so your friends can pay you directly on the app.