There are several applications available for tracking personal finances. Here are some popular options with their pros and cons:
- Mint: Mint is a free personal finance app that helps you track your spending, create a budget, and set financial goals. Pros: It’s free, easy to use, and offers personalized financial advice. Cons: It can be slow to update account information, and some users have reported issues with syncing their accounts.
- YNAB (You Need a Budget): YNAB is a budgeting app that helps you plan your spending, save money, and achieve your financial goals. Pros: It’s great for creating and sticking to a budget, and it offers educational resources to help you learn more about personal finance. Cons: It’s not free, and some users have reported issues with syncing their accounts.
- Empower: Empower (fka Personal Capital) is a comprehensive financial planning app that helps you manage your investments, track your net worth, and plan for retirement. Pros: It’s great for managing investments and offers detailed financial reports. Cons: While it is free for personal financial tracking you will receive more than one phone call from an Empower representative hoping you will move your financial accounts to Empower, which comes with a management fee of course. This is optional and a small price to pay for a great stash tracker. The budget tracking link is here. This is the tool I personally use.
- PocketGuard: PocketGuard is a budgeting app that helps you track your spending and save money. Pros: It’s free and easy to use, and it offers alerts when you’re close to reaching your spending limits. Cons: Some users have reported issues with syncing their accounts, and it doesn’t offer as many features as some other apps.
Ultimately, the best app for you will depend on your specific financial needs and goals. It’s a good idea to try out a few different options and see which one works best for you.

