10 Best Budget Apps for Android and iOS 2019-2020

10 Best Budget Apps for Android and iOS 2019-2020 on Kotam Top Blog

When budget apps first appeared in early communicator era, they were not half as convenient as they are now. They had almost no access to real transactions, so they had to be entered manually. And, of course, you couldn’t automatize your recurring payments or set if-this-then-that rules.

Now, when banking went digital, your phone offers more control over your finances than ever. Most of these apps have actual access to your bank accounts or credit cards (because 256-bit encryption and biometric authentication is always here to make it secure enough). To get the complete benefit set from these apps, you should trust them with your bank account.

Here is the list of financial apps that can help you with both discipline in money affairs and earning on the sums you save monthly, weekly, or daily. Unfortunately, due to legal issues, most of them will be fully useful to US and Canada residents. But the process goes global, surely and unstoppably. So even if these services are not fully available in your country today, read it and get ready for your tomorrow.


The app with the simplest name does just what it’s supposed to. It can track your finances, display your current situation, analyze the stats and finally get things under control. The app sorts your expenses by categories, transforms them into diagrams to show you your biggest needs, and finally gets you to know where you can spend less with the same effect. Other Wallet features are cross-platform cloud syncing and multiple currencies support.

In fact, this is the one that can access your cards and accounts. So you don’t have to fill each transaction manually (unless you do cash), Due to collaborating with thousands of banks worldwide, this service is quite secure and easy to use.


One of the most famous budget managers Mint is popular for certain reasons. It has an easy interface (in mint colors, as you see), it tracks your transaction via your bank accounts you connect to it, and then generates stats you may find useful in future planning. It utilizes color bars to indicate whether you have spent enough or too much on some particular category. Its interface offers one swipe controls, so it’s easy as never before to read your financial state with a glance.

As well as tracking your actual expenses as they come, you may create a budget plan and stick to it. The app also has its traditional set of features, like bill reminders, credit monitoring, stats on separate categories, and so on. Your data is protected by the password, biometric info, and secure encryption.

Mint works correctly with banks of USA and Canada so far, yet it may keep expanding, for example, to EC. For now, it’s one of the most popular budget apps for iPhone.


This one goes a bit beyond a traditional budget app and offers you earning as well as planning your budget. “Acorns” stands for micro-investments you can make using this app. Plant them according to advice by Nobel prize-winning economist making forecasts especially for Acorns! You can save on anything like coffee or newspapers and start investments at as little as $5. The investments can be recurring or one-time, according to what you’re affording.

The service is paid with the prices starting at $1/month. It will pay off if you use it correctly.


Like Acorns, Stash is a management-and-investment tool, too. It offers the way you can save some micro sums and start your investments, both in a commercial project or in IRA accounts, as well as custodial ones. You can set up automatic stashing or do it manually. As the app deals with your real bank accounts, it offers protection for your data. The service is paid; the fee depends on your investment sum.

Among side services, Stash offers financial education, news, advice on running your budget, and protection of your investments up to $500 000.


The app that offers at the same time cashback, lottery, and budget education is Grand. You’ll need to connect your account to Grand, and the system helps you operate your savings manually or automatically.

Your savings are deposited in its inner bank, with 1% of it returned to you annually. It’s less than usual bank deposits, and besides that, you have to pay for service. It’s recompensed with recurring lotteries and recommendations on how to save and invest. GRAND operates your IRA or traditional investments, with advice system.

The more you save on your GRAND accounts, the greater are your chances to win. Each dollar you save is a lottery ticket, so you’re interested in saving more. Finally, it leads you to a greater financial discipline.


Connect your accounts to Qapital and set saving rules. That’s how it works: each time a trigger is activated (you make a payment, a week or a month starts, you receive some income and so on), you save some sum by the rules you set. The app controls your accounts and can both offer you manual controls or make savings automatically.

The app is concentrated on your personal financial management. It displays the structure of your expenses, helps you set your Weekly Spending Target, and finally lets you control your finances more consciously.

By the way, Qapital can issue its own Visa cards with direct access to your finances via the services available through the app as well. The app offers full access to the card (including monitoring transactions, locking and unlocking the card) with 256-bit encryption. It may be the most comfortable way to integrate its digital features with the world a step behind.


While other apps and services offer some kinds of their own financial interactions (like storing funds on deposits, investments, or issuing its special cards), Pocket Guard is all about your personal discipline and control. By giving it access to your account, you only get it audited constantly. Your accounts and deposits, loans and credits, investments and current expenses are all controlled via this app.

Its most appealing feature is analytics on where you’re overpaying. By analyzing any category of your expenses the app can recommend you some ways to spend less on it, with the same efficiency. You don’t have to obey these recommendations, but following them sometimes can be useful. It also does a lot of routine jobs like reminding you of your recurring payments or processing stats of your savings, incomes, and expenses.

The basic plan is free, but you can subscribe to a premium one. It will cost you, but you can save or earn more with it.


All your accounts in one place is a common idea for this sort of apps. In Spendee you can add accounts of different banks and keep track of them with “one app to rule them all”. A good option rival services lack is creating shared wallets with your family or friends, that is suitable for certain joint projects. For example, if you plan a party or holiday trip, you can create a wallet accessible to all its members to contribute.

Its interface is easy for beginners, with bright pictograms marking the purpose of each wallet. This system helps you estimate your financial state at a glance.

While the developers claim it to be free, it’s not the matter. The basic one is really free, but to enjoy the full specter of its services you need to subscribe for a month or a year. Without a subscription you can’t, for example, sync Spendee with your bank accounts, so, in fact, the app makes almost no sense.

Money Lover

Behind this a bit provocative name there’s an indisputable truth: these services like Money Lover are for those who love money and want money to love them back. Don’t you? This app helps keep your relationship with money in order with its tools like bank accounts integration, expense tracker, budgeting tools, and all the stuff like that. Money Lover is quick to show you your total income or total expenses, and also the stats on separate categories, to get the picture clearer.

The toolset also includes reminders of recurring payments, auto-paying bills, currency calculator and other tools necessary for handling finances. So you don’t have to switch to other apps to see current exchange rates or make some calculation.

One undisputable pro of this app is being active in many Asian countries, like Vietnam, Thailand, Indonesia, Malaysia, India and adding.


The main mission of Mobills is planning your monthly budget and sticking to it. The two tools any app of this sort should have is planning your budget and tracking your actual state of finances. So it helps you to compare both and see what you should change to keep to your plan.

While being the typical financial app basically, Mobills has some extra features that deserve your attention. For example, it offers location-based expense stats, so you see how the way you spend your money depends on where you are. Maybe you should visit other malls to spend less? It also has its own tool for saving and storing receipts, cloud syncing across multiple devices, customized stats and so on.

The app also offers adapted interfaces for phones and tablets, and a special notification tool and stats view for Apple Watch.

As you see, now your bank accounts can be trusted with third-party apps. First of all, it’s due to mobile security development; but just as important is acceptance of the new digitalism ethics. Not only can now the apps store the info on what you earn and what you spend but have direct access to your accounts, make payments and register incomes.

Alas, most countries of the world can’t legitimate this kind of services yet, so only the US and Canada (and some Asian states) citizens can benefit from these features right now.

Ollie Russell

Tech junkie, grilled haloumi devourer, cat owner.

1 Comment

  • P
    1 week ago
    Very informative, you get the point. Thx, for the review!)
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