With real time access to all necessary financial institutions, Mint can help users stay on top of upcoming bills. The Mint app allows users to set reminders or alerts for upcoming bill due dates, unusual spending or overspending in a spending category.
All mint app data is synced with Mint.com in order to be available on desktop. The web application offers more features than the mobile version for more comprehensive tracking.
As long as your financial institutions are supported, Mint can pull in all your finance account information and investments into one convenient application. All your accounts and investments in one place it makes it easy to make a budget and track spending.
In order to automatically keep track of finance information, Mint asks for login information to bank accounts. It should be noted that Mint has read only access.
Money Lover is completely independent of your financial institution. This is great for those that are worried about sharing their bank account details but of course, this is less convenient.
Similar applications to Money Lover only offer a few details to add when inputting a new transaction but Money Lover offers a lot more besides the normal category and title. Money Lover allows you to add notes, contacts, a picture, location, and reminders.
Money Lover is not connected to the users bank accounts. By not being connected that means users have to manually input (at least once) their recurring transactions or singular transactions..
The free version of Money Lover includes small banner advertisements at the bottom of the application. They aren't too intrusive but they can be annoying. Removing the advertisements is a $2.00 in app purchase. Getting the whole Money Lover experience requires an upgrade from the basic application to the premium application without advertisements and the ability to have more than one wallet, a budget plan, and an event plan for a $4.99 in app purchase.
There is no guideline for updating debt. Every debt goes to the wallet including Mortgage Bond. When updating the opening balance of (for example) the Mortgage Bond, it appears in the bank balance as part of the total positive balance.
You can't set one budget to all wallets. For example: if you have 9 wallets in your family, then you need to have 9 budgets for food, 9 budgets for clothes and so on.
The overall design of the app is clean and simple, almost minimal. It makes the app pleasing to use due to how easily one can tell what parts of the app do what due to the clean and simple design. the use of solid colors to differentiate section of the app makes it easy to keep track of what buttons do what.
The interface can be confusing and expected functions of buttons are not always the case. While it can be gotten used to, it takes much time and really shouldn't in the first place.
Many people don't like connecting their accounts to an app, especially bank accounts, luckily Wally does not require one to link their bank to the app in order to track funds. All one has to do is input their starting total and then add expenditures as they purchase them. This is an easy way to track spending while not having to give up ones data.
Whether it is due to a DRM scheme or just bad design in the app only has limited functionality when not connected to the internet. This inhibits normal use as no one has a 24/7 internet connection on a mobile device.
Export (in CSV) actual data by 1 click to defined folder on SD card with defined name and defined period. (it's quite easy to use it on a shared folder on a phone and customize data source in excel to upload this file)
There is almost zero support on the website. There are no details to guide through sync process. Other apps allow simple sign-in sync, but this needs a 3rd party Dropbox. It's over complex for what it is.
Transactions are added in the form of notes; first, the amount is added, and then the category. It is a quick process but it can become tedious, especially if multiple transactions have been missed.
Monefy is free without advertisements but there are some features reserved for Pro ($2.48) users such as password protection, Dropbox Sync, adding new categories, and changing icons. Fortunately, these features are not completely necessary.
Monefy offers support for any country because the app is completely independent of financial institutions. If your financial institution is not supported by apps such as Mint and BillGuard just use Monefy and switch the currency.
Monefy is extremely simple to use. Just tap either plus for a new income or minus for spending and then select the category for the transaction and you are done.
Mint Bills uses bank level security as well as other security features such as PIN-locking and data wiping. They are also monitored by outside companies such as Norton and TRUSTe.
It is free to pay bills with Check if paying from a bank account or debit card. Credit cards add a 4% service fee. If an express bill payment is needed, the cost is $7.
This application gains more than the read only access of most finance tracking applications with the ability to pay bills right from the application. This may be a security concern for some people but the ability to pay bills all from one place is extremely convenient if your financial institution supports it.
The visuals and analytics in Check are not as useful as they are in applications such as Mint. There is no way to set up a budget and there are not many ways to better optimize your spending. Check is best at what it was designed to do from the beginning: bill paying.
Check takes two day to process the bill payment before it is paid. Check should help you stay on top of your bills so that you pay them early but if you don't you can make an express payment that pays in about 24 hours. Although the express payment costs $7 so it is best not to procrastinate.
YNAB lets you try it's software free for just over a month. This gives you a bit of flexibility when doing a monthly budget - 4 extra days to review your budget and determine whether YNAB helped out enough to justify the $5 price.
If you're a student, you can get an additional 12 months for free (for a total of 13 months) and after that you can get 10% off yearly subscriptions.
Review allocation of your assets and liabilities by categories with values and percentages. Modern charts and dark mode make Sumio easy and comfortable to use. You can even choose your preferred colors and get the charts in colors you like. Automatic calculations of changes in value over time will give you a new perspective of your wealth.
Customize the Summary by adding your favorite indicators, categories, and individual assets and liabilities. This way you can get your personal financial overview as soon as you open the app.
Sumio supports automatic market value updates for thousands of stocks, ETFs, cryptocurrencies, and other equities from U.S. and global markets. Just add quantities you hold and Sumio will provide you with the current value of your portfolio.
Your data stays on your device. Sensitive and private data are not shared with anyone. No registration or accounts are needed. You don't have to connect the app to your banking or brokerage account to use it. You can create records as you go and as you wish. You have complete control, and you stay anonymous. The app does not track you. There are no ads whatsoever. The business model of the app is based on a Premium Subscription.