Expense Tracker Apps Roundup

In this roundup, we will discuss the importance of tracking personal and business expenses, and explore some of the best expense tracker apps available – both free and paid – to help you achieve your financial goals.

Personal Finance Challenges

Many individuals struggle with managing their finances. In Canada, 26% of citizens have trouble managing their finances, while in the USA, a staggering 45.5% of people have no savings for retirement, putting them at risk of financial hardship in their later years.

Business Expense Management

Business owners face even greater challenges in saving money consistently. Fluctuating incomes make it difficult to maintain a budget, unlike individuals with stable salaries. However, there are various expense tracker apps available to assist with these challenges.

Best Business Expense Tracker Apps in 2023

For businesses, tracking expenses is crucial. Cloud-based solutions like Intuit QuickBooks offer features like expense tracking, reporting, and controlling employee expenses. Mobile apps allow for easy receipt scanning and online expense reporting, making tasks more efficient.

1. Intuit QuickBooks – Mileage & Expense Tracker App

• Download: Android | iOS
• Price: $12.5 per month
• Key Features:
  • Import data from transactions
  • Auto-update option for real-time numbers
  • Simplifies tax time expenses
  • Live Bookkeeping Partner option

  

  • Mileage tracking for deductions
• Pricing:
  • Simple Start: $12.5 per month
  • Essentials: $20 per month
  • Plus: $35 per month
  • Advanced: $75 per month
  • Self-Employed: $7.5 per month

2. Zoho Expense

• Download: Android | iOS
• Price: $2.5 per user/month
• Key Features:
  • Auto-scan feature for receipts
  • Expense categorization and organization
  • Expense allowance creation
  • Expense report creation and merging
  • Receipt tracking on the cloud

  

• Pricing:
  • Free
  • Professional: $2.5/user per month
  • Enterprise: Custom quote

3. Personal Capital

• Download: Android | iOS



• Price: Free
• Key Features:
  • Portfolio tracking and financial management
  • Retirement planner
  • Fee analyzer
  • Personal strategy portfolio
  • Financial and investment management

  

• Pricing: Based on wealth management fees

Note: The remaining apps and their features and pricing details can be explored further in the full article.