Are you struggling to keep your finances organised, save for your future goals, and achieve financial stability in today’s fast-paced world? You’re not alone. Personal finance management has become increasingly important as the cost of living rises, income sources diversify, and the need for long-term financial planning becomes more evident.
Let’s take the example of Ravi, a 32-year-old IT professional. He works hard to earn a decent salary but finds it challenging to manage his expenses, investments, and savings. His financial life seems like a puzzle he cannot solve. That’s when he decided to look for an effective solution to better manage his personal finances.
And guess what? There are top-notch personal finance apps available in India that can help Ravi, and millions like him, take control of their money.
1. Moneycontrol App
For individuals actively trading or investing in stock markets or Mutual Funds, the Moneycontrol App stands out as the top personal expense tracker app in India. It consolidates all your investments and keeps you updated with the current prices of various stocks. With Moneycontrol App, you can create your portfolio and track all your stock market investments with a single click.
Key Features:
- Comprehensive portfolio tracking
- Investment recommendations for buying, selling, or holding stocks
- Active investment discussion forums
- Web and app versions available
- iOS and Android compatible
2. Dhani App – Medicines, Cards, Credit, Payments & Stocks
Dhani App stands out as one of the top financial apps due to its wide range of features and benefits. From instant personal loans and credit to digital wallets and Dhani Reward Points, this app offers a comprehensive personal finance management experience. Plus, it also offers online gaming options like ‘Spin the Wheel’ and the ‘Stock Market Game’ for entertainment.
Key Features:
- Simple and user-friendly interface
- Collateral-free, instant personal loans up to Rs 1,500,000
- Shop now, pay later feature with 0% interest rate EMIs
- Dhani Reward Points for using and referring the app
- Additional rewards for mobile recharges, bill payments, and travel bookings
3. Money View – Expense Manager App
Money View makes excellent use of the financial data hidden in our SMS logs and manages our personal finance based on it. It not only monitors our expenses but also suggests relevant saving opportunities, helping us efficiently plan our monthly budgets.
Key Features:
- SMS data-based financial tracking and analysis
- Periodic summaries to curb overspending
- Personalised bill payment reminders
- Instant checking of recent bank transactions
- Expense report analysis over time
4. The Wallet – Money, Budget, Finance & Expense Tracker App
The Wallet app is a versatile personal finance management tool designed to help you plan your future monetary needs efficiently. With Wallet, you can manage your bills, track your expenses, and analyse your financial patterns all in one place.
Key Features:
- Efficient bill management and payment tracking
- Upcoming payment monitoring for improved cash-flow management
- Graphical financial overviews for easy analysis
- Automatic transaction syncing and categorization
- Shared account features for joint finances
- Support for multiple currencies and cloud sync
5. ET Markets App
If you’re interested in investing in financial markets and managing your finances effectively, ET Markets is a valuable tool. It functions as a one-stop-shop to track all of your investments. This app offers a wealth of features, including stock market updates, live charts and share prices, economic and business news, comprehensive technical charting, and free stock market recommendations, among others.
Key Features:
- Supports eight Indian languages
- Extensive market coverage
- Notifications for important updates
- “My Scripps” tool to keep track of preferred financial products
- Interactive technical charting tools
- Expert perspectives, analysis, and the option to join in conversations via comments
- Clever voice search for easy information access
Whether you’re looking to better manage your personal finances, invest in stock markets, or explore instant credit options, these top 5 personal finance apps in India for 2023 offer a wide range of features to cater to your financial needs. So, choose the app that best fits your requirements, and start your journey towards financial success today!