You will grant permission for the app to read your SMS from your bank and other merchants. An icon at the bottom of the screen takes you to Paisa Tracker (the spending manager), which has a different UI. The Paisabazaar app allows you to apply for loans, buy term and health insurance, and invest. Like ET Money this isn’t a standalone app. What’s more, since ET Money also helps you invest online, you can track the movements in your mutual funds whether they are in SIP or lumpsum formats. There is a ‘slice your wallet’ feature that lets you know where you spend the most amount of money each month, in a quick graphical view. Monthly bill reminders, tags to spends via online modes, and visual representations of your expenses are highlights. The app also promises data security, since it is programmed to only read messages from banks and merchants and ignores OTPs or personal texts.ĮT Money is another expenses tracker app that auto-categorises spends and all things money. The app sends bill payment reminders and is available on both Android and iOS phones. You can easily split bills with friends and flatmates with an in-built Walnut BHIM UPI interface. It then visually represents where you spent your money with tags such as food, shopping, utility bills etc, whether it is from your bank, credit card or mobile wallet. Once you grant access to the app, it re-imagines your SMS inbox and surfaces important information about spends and bills automatically. The makers of Walnut Money Manager market it as ‘one app for all your banks and cards’. Best apps that help you track your monthly expenses – Walnut Here’s a look at the top five apps that help you to keep track of your expenses. With the increasing use of mobile wallets and credit/debit cards, it can become hard to keep track of one’s day-to-day expenses. Today, one can have an empty wallet with not a single currency note and still spend like there is no tomorrow. Gone are the days when you would withdraw cash at the beginning of each month to spend and budget it accordingly.
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