We all ask ourselves one question at some point: Where did my money go? No matter how full our pockets are at the beginning of the month, at the end of the month, that money is gone.
This is why many people are using personal finance apps these days. These apps don’t just count expenses; they teach you how to spend money wisely, save, and start investing little by little.
Let’s take a look at the best personal finance apps for beginners that will really make managing your money easier.
To understand how fintech apps are transforming money management, read our guide on What is Fintech? Benefits and Future.
1. Walnut – Track Your Money
First, I’ll talk about an app that is very simple to use, and that app is Walnut. This app reads your messages and automatically tracks your expenses, such as food bills, shopping, or travel. You don’t have to type anything; the app does everything.
The dashboard of this app is very beautiful and colourful. You will understand at first glance where you are spending the most money.
To be honest, when I first started using Walnut, I realised how much I was spending each month on coffee alone. And from there, I started budgeting.
2. Money Manager
If you love to keep accounts manually, then the Money Manager app will be perfect for you.
Here you can add your own income and expense accounts and set a monthly budget. When you overspend, the app will remind you in a very nice way.
This app is very clean to look at and easy to use without any hassle. This is the perfect app for those who are just starting.
In short, a money manager teaches you to be aware of money, so that you have an account of every expense at your fingertips.
3. Groww – Learn to Invest
The next step in saving is investing. And Groww is one of the apps that is renowned as one of the best personal finance apps for beginners.
From these apps, you can invest in mutual funds, the share market, and the stock market. The design of this app is very simple, and the information is presented very clearly so that beginners don’t have any trouble.
When I first invested in the Groww app, I was a little scared, but within a few days, I realised that I could now take responsibility for my money.
4. ET Money
ET money is, in a word, an all-in-one finance manager. Here you can track expenses, invest, and even buy insurance.
The best part is its automation system. You don’t have to remember anything separately; the app is your reminder, tracker, and advisor. It works like your own personal finance assistant.
In short, ET money simplifies all your financial decisions in one place, so you can plan your future with confidence.
5. CRED – Pay Bills, Rewards, Build Credit
If you have a credit card, you must use CRED. It helps you pay your bills on time and gives you reward points every time you pay, which is really nice.
Additionally, cred shows your credit score, provides spending reports, and analyses your financial habits. It can be a great finance app, especially for students and young professionals.
I used CRED at first just for rewards, but later realised it clarified the whole picture of my credit life.
If you are a student and looking for the best credit card, then you can read this article, Best Credit Cards for Students in India 2025
6. INDmoney
Nowadays, our investment bank balances and loans are scattered in different places. And to get rid of this problem, you can use INDmoney.
Here you can see all your financial accounts at once. Banks, mutual funds, stocks, and even credit cards. The app helps a lot in tagging your network expenses and investments. And the best part is that you can see all the information in one dashboard.
If you really want to understand your finances, INDmoney can be your best companion. If you want to earn more while spending, check our list of Top 5 Cashback Credit Cards.
7. Goodbudget
Our parents or grandparents used to use the envelope system in the old days. That is, they used to keep money in separate envelopes for rent, shopping, bills or travel. The GoodBudget app has brought that old system back to today’s digital age.
Here you can easily create different envelopes, such as one for food, one for bills, one for savings, or one for travelling. And when the money in any envelope runs out, it will immediately notify you to stop spending or think carefully before spending.
GoodBudget is an app that gives you complete control over your spending. Helps you stick to a budget. And enables you to plan your finances together with your family or partner.
It’s as simple as the old days, but much smarter and more effective than before. I think it’s very important to include this app in the list of best personal finance apps for beginners, and I use this app too.
8. Paytm Money
If you are already using Paytm, then Paytm Money will feel more natural to you. Through this app, you can invest in mutual funds, digital gold, and the stock market. Everything from one place
The app’s interface is very clean and user-friendly, making it ideal for new investors. The opportunity to start investing in small amounts encourages everyone, whether they are students, employees, or new savers, to gradually become financially aware.
The best part is that Paytm Money guides you like a daily companion. It explains to you in an easy way when it is best to invest and how to manage your money.
This is undoubtedly one of the best personal finance apps for beginners in India.
9. PocketGuard – Track and Save
We often think or say that there is no accounting for where the money went at the end of the month.
And PocketGuard answers that very question. It tracks your bank account and spending account together to tell you how much money you have on hand to spend today.
You can think of this app as your own spending coach, always reminding you where you can cut back on spending and where you should save.
If you want to control your spending and increase your savings, PocketGuard can be the best assistant for your daily finances.
Conclusion
Money management is not just about saving; it also involves some understanding. The best personal finance apps for beginners will teach you how to take control of your money.
Always try to start small. First, track your expenses, then create a budget, then start investing little by little. We all dream of financial freedom, and these apps are the first step for beginners.
Come on, let’s start today, not tomorrow, because the right time to spend money wisely is now, meaning always.
FAQs
Which personal finance app is best for beginners?
For beginners, INDmoney, Goodbudget, and Paytm Money would be great options because they are very easy to use and suitable for learning about investing.
Are personal finance apps safe to use?
Yes, most apps are RBI approved and use data encryption, so both your information and money are safe.
What investments can be made with a personal finance app?
Of course, go ahead. You can invest in mutual funds, stocks, and digital gold.
Are personal finance apps free?
Yes, most personal finance apps are available for free. However, some premium features may require a subscription.
Which personal finance app is best for tracking savings?
Pocketguard and Walnut are great for tracking savings and spending. They show you where you can cut back.