4 Great Android Apps for Budgeting

android budget

Technology advancements have turned our cellphones into mini-computers and data organizers. If you have an Android-based smartphone, you have a large variety of personal finance and budgeting apps to choose from. Here are 4 great Android apps for budgeting:

1) Droid Wallet

A very basic money management app, Droid Wallet will help you keep track of income and spending, but it doesn’t sync with your online bank accounts. What the Droid Wallet seems to do very well, however, is help you manage categories of spending and income. If you’re able to categorize your incoming and outgoing money correctly, the color coded graphs the app creates for you should give you an at-a-glance view of your finances. If your only budgeting goal is to watch where the money is being spent, the Droid Wallet is going to offer that capability – but if you’re looking for a more in-depth financial tool, you’ll probably want to consider one of the following apps, instead.

2) Mint

For individuals with a Mint.com account for managing their personal finances, using the Android app makes perfect sense! The app lets Mint.com users access almost all of your Mint.com information via your phone, and access a money management budgeting tool. While the Android app from Mint will let you view your budgets and receive alerts, it does not provide ability to create or edit existing budgets. From your Android phone, you can manually add transactions which are synced and cleared once you log into your Mint.com account, so it allows you to keep track of your true balance on the go – but it doesn’t let you access the bill management feature from your phone. Mint may be a good solution for individuals who consistently use Mint.com to manage their finances; but is probably too limiting to individuals hoping to do it all from their phone (without needing to also use an online account).

3) Pageonce

The Pageonce Android app provides users with complete integration with online bank accounts, credit cards, bills, and investment portfolios. They can all be synced automatically, and you have full access to your complete financial picture in one place. If any of your bill companies do not have online systems like your rent or the local garbage company, for example, you can upgrade the Pageonce app to the paid version at 99 cents per month, and then add manual accounts for any vendors without online payment systems to track them in the same place, too. The more accounts you have, the slower the syncing process is. The downside of having everything in one app like this is the potential for a security breach. While Pageonce makes security of it’s customers a high priority, there is no guarantee that everythin is 100% safe all the time. Another complaint of the fully-featured Pageonce app is that it doesn’t offer many creative budgeting solutions, as some of the other applications provide.

4) Personal Budget Droid

The Personal Budget Droid is an app for managing your finances and keeping track of bills. With the app, you can create monthly budget categories for each of your spending to see what you’re spending on groceries, housing related expenses, etc. It may be a bit time consuming to set up, as you create each budget category and transaction manually, but once set up the app will keep a transaction history for you and show you how much money you have left to spend within each category you set up.

  • http://www.naturespearlshop.com Tony Green

    I just read about EEBA (eebacanhelp.com), and it seems to be a good one as well. EEBA is online budgeting software based on the envelope budget method.There’s a web site, google chrome app, android and iphone apps. The free version allows you create 10 monthly (or whatever time period you want to use) categories plus annual categories. You can also share login info on two different phones, so you and your spouse are on the same page when it comes to budgeting. I’m just curious how it compares to the ones you mentioned. Have you or any of your readers given it a try?