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Updated: August 04, 2023

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Updated: August 04, 2023

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware that some (or all) products and services linked in this article are from our sponsors.

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware that some (or all) products and services linked in this article are from our sponsors.

Whether you need to create (and stick to) a budget, monitor your credit score, or even pay your bills on time, personal finance software can help. There are hundreds of personal accounting apps that can make money management a breeze. But which one should you pick? Here is our best personal finance software list.

In-depth personal finance apps analysis

Whether you're looking for personal accounting software or a bill pay app, the software options listed here should have you covered. No matter what kind of service you need, there's an app for that!

Here at Investor Junkie, we've tested and reviewed dozens of personal finance software options. In this guide, we'll highlight the seven that we think are the best and share how they can help you manage your money.

Empower β€” Best for wealth management

Why it's the best: On top of being a great budgeting tool, Empower tracks your investments too. The icing on the cake? It does both for free!

Empower is one of the best personal finance apps on the market.

The service's free budgeting tool allows you to track income, spending, and saving over time. It then breaks down your spending habits into categories, allowing you to view transactions by date, merchant, or vendor so you can analyze each purchase.

In addition to the budgeting feature, you can view your bills and credit card statements and project your spending based on minimum payments and due dates. And the best part is that all of the features are available for free within Empower's already free software.

Pros

Pros

  • Complete view of your finances
  • Powerful investment checkup
  • Support via many apps
Cons

Cons

  • Asset allocation is not customizable
  • Budgeting tool needs improvement
  • Cannot reconcile
Open an account with Empower

YNAB β€” Best for budgeting and money management

Why it's the best: YNAB helps new budgeters set up and carry through with a complete β€” and more in-depth β€” budget plan.

YNAB color-codes your purchases and goals so that you can see when you are on track or are overspending (or underfunding a goal). It helps you define your financial goals and categories and assign each dollar a job. YNAB offers recommendations to help you reach the goals you set.

This money management software helps you manage your money and your bills by helping you look at them without all the negative self-talk. It teaches you how to plan for your bills and have the money for them when those due dates come up. The app is easy to use, and its system is all about building a healthy relationship with money.

Pros

Pros

  • YNAB is all about budgeting
  • Goes beyond the mechanics of budgeting
  • Low Cost
Cons

Cons

  • No phone or email contact
  • Not a one-stop shop for all things financial
Open an account with YNAB

Facet Wealth β€” Best financial planning at an affordable price

Facet Wealth is a flat-fee service for those wanting to get the expertise of a financial planner.

All of their financial planners are certified and are fiduciaries, which means they have a legal obligation to put your best interests above their own. Facet offers numerous services and we like that you can get all of your retirement, tax, insurance, and even life planning done in one place. Plus they can manage your investment accounts for you.

Pros

Pros

  • Dedicated financial advisor: Clients are assigned to a dedicated advisor who works with them one on one. You can contact your advisor directly.
  • Fee-only fiduciary model: Predictable fees with a structure designed to put your needs first and avoid conflicts of interest.
  • Works with popular brokerages: Facet Wealth advisors can manage your accounts directly through four popular custodians.
Cons

Cons

  • Pricing may be high for some people: While $100 per month for a financial advisor isn't a bad deal, it may not be worthwhile for many people.
Get started with Facet Wealth

Experian Boost β€” Best for helping your credit score

Why it's the best: Experian Boost provides users with a free and easy way to potentially increase their credit score.

Experian Boost is a program created by one of the three major U.S. credit bureaus. It's been proven to help 62% of users improve their credit scores fast. (Note: Results may vary. Some may not see improved scores or approval odds. Not all lenders use Experian credit files, and not all lenders use scores impacted by Experian Boost.)

Having a low credit score can negatively affect your life. Not only can a poor score prevent you from getting decent interest rates on a new credit card or loan, but it can sometimes even hurt your chances of employment.

Experian Boost works by factoring your utility and phone billing history into your credit score. It uses only positive information – so don't worry if you've been late on a cable bill here and there. Plus, Experian Boost is free to use.

Pros

Pros

  • New credit scores take effect immediately
  • FICO score tracking
  • 256-Bit SSL encryption
Cons

Cons

  • Not a guarantee to raise your credit score with any other bureaus
Open an account with Experian Boost

Quicken β€” Most Comprehensive Personal Finance App

Why it's the best: Quicken is the most comprehensive personal finance application available in the market.

Quicken is the granddaddy of personal finance software. But over the years, it's made some big changes.

Once upon a time, you had to go to the software store to buy an edition of Quicken. Now the software operates on a subscription model, so you just need to sign up and download it online. You'll link and sync all of your accounts to your Quicken account.

Not only will Quicken display your full array of monthly bills (as long as the biller is one of the 11,000-plus companies in Quicken's system), but it will send you alerts via the app and email, so you don't miss your due payment dates. Quicken can also be used as a bill pay app.

Bill Pay is offered for free to subscribers who choose membership at Premier or higher levels. You'll get the initial 15 months for free (nearly a $150 value). Other Quicken users can sign up for Bill Pay for the price of $9.95 per month.

Pros

Pros

  • Most comprehensive
  • Strong portfolio management
  • Bill pay
Cons

Cons

  • Unknown future
  • Synchronization issues for some users
  • Poor customer service

Mint β€” Great overall app

Why it's the best: Mint is excellent for simplified budgeting and goal setting.

Mint built its empire by helping people get organized and stay on top of their money. It's been around since 2006, and it is still one of the biggest names in the game. Mint.com is an excellent option for tracking spending and setting financial goals. You can easily set up a budget for each spending category, get email reminders when you approach or exceed that budget, and compare spending from one month to the next.

Mint organizes all of your financial accounts for you. It also creates a pie chart with all of the categories of spending you've done in the past month. Mint tracks your past monthly spending on a bar graph so that you can see in which months you spent more or less. The app automatically categorizes each purchase you make, though you should always double-check the categories to make sure they're accurate. You can manually input cash spending.

Pros

Pros

  • Weekly summaries via email
  • Alerts via email or SMS
  • Budgeting and goal setting
Cons

Cons

  • Lack of investing features
  • Synchronization issues
Open an account with Mint

CountAbout β€” Best for serious budgeting

Why it's the best: CountAbout is an incredibly customizable platform that can help you track and analyze your financial behavior.

If you're ready to get serious about budgeting, check out CountAbout. It won't track your investments, and it isn't a bill pay app, but this software lets you get down and dirty when it comes to analyzing your spending patterns.

CountAbout is one of the most customizable personal finance software options we've seen. You can build categories, create graphs, and even split transactions.

We also like CountAbout because it's the only money management software option that lets you import your information directly from Quicken or Mint. So when you decide to switch to CountAbout, you don't need to start from square one.

There's a monthly fee to use CountAbout, but if you're serious about budgeting, you'll find this tool invaluable.

Pros

Pros

  • Smartphone access
  • Import Quicken or Mint transactions
  • No ads
Cons

Cons

  • No bill pay
  • Annual fee
Sign up for CountAbout

The Credit Pros β€” Most thorough credit management

Why it's the best: If you're serious about repairing your credit and keeping it impeccable, The Credit Pros can likely handle the job.

The Credit Pros is not a quick-fix solution for a less-than-stellar score. Instead, it's a system that works to change the way you think about credit as a whole

This personal finance software provides users with credit monitoring and repair tools. But The Credit Pros takes this bit further, with services such as dark web tracking.

There are several packages you can buy, depending on your credit needs. Packages range from $19 to $149 per month (the highest level comes with a guaranteed $1,500 line of credit).

Pros

Pros

  • Transparency
  • Bilingual
  • Easy to Use
Cons

Cons

  • Expensive
  • Limited ways to pay
Sign up for the Credit Pros

PocketSmith β€” Best financial predictor

Why it's the best: PocketSmith lets you plan for and predict your financial future.

If you're a control freak like me, you don't like much uncertainty when it comes to your future finances. That's where PocketSmith can help.

This is a personal accounting software option that can not only help you track your current finances, but also predict what they'll be in the future. It does this through its budget calendar, which is as easy to navigate as Google Calendar.

One feature that sets PocketSmith apart from the rest is the ability to create a budget at any time, for any amount of time. You have complete flexibility with your budget creation; there's no need to wait for the beginning of the month. They also have a β€œPlan Ahead” feature that walks you through budgeting, financial forecasting, and creating what-if scenarios.

Pros

Pros

  • Flexibility
  • Track one-time events
  • Create your own categories
Cons

Cons

  • You won't master it in a day
  • Free version is limited
Open a Pocketsmith account

About our author

A Dime Saved
A Dime Saved, Guest Contributor

A Dime Saved is a blog started by a self-described millennial mom on a tight budget. It's geared toward readers who want to have their finances in order so they can live the life they want to live.

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter.