Top 10 essential  financial apps to manage your finances

Ahmedabad : The work of managing one’s finances might be a difficult one, but with the assistance of modern technology, it has gotten much simpler. There is a wide variety of software available in the form of mobile applications (apps) that can assist users in managing their finances, including their investments, savings, and expenses. Here are 10 essential  financial apps that will assist you in better managing your finances and can be downloaded for free.

MoneyControl – A comprehensive financial app that provides real-time stock market updates, personalized news, and expert opinions on investments.MoneyControl is a comprehensive financial app that provides users with real-time updates on the Indian stock market, news, and expert opinions on investments. It is one of the most popular financial apps in India and offers a wide range of features to help users stay up-to-date on the latest financial news and market trends.With MoneyControl, users can track the stock prices of over 100,000 companies, mutual funds, and ETFs, and create watchlists to monitor their favorite stocks. The app also provides personalized news and insights based on the user’s interests, and allows users to set alerts for important market events.

Additionally, MoneyControl offers a range of financial tools to help users make informed investment decisions. Users can access stock analysis reports, mutual fund rankings, and expert opinions on various investment options. The app also provides a portfolio tracker that allows users to monitor their investments in real-time.

ET Money – A personal finance app that helps users track expenses, invest in mutual funds, and get insurance coverage, among other financial services.ET Money is a personal finance app in India that offers a range of features to help users manage their finances. The app helps users track their expenses, invest in mutual funds, and get insurance coverage, among other financial services.

One of the key features of ET Money is its expense tracker. Users can connect their bank accounts and credit cards to the app and track their expenses in real-time. The app also categorizes expenses automatically, which makes it easy to see where your money is going.

Another great feature of ET Money is its investment platform. The app allows users to invest in a wide range of mutual funds, and provides personalized investment recommendations based on the user’s risk profile and financial goals. The app also offers a systematic investment plan (SIP) option that allows users to invest small amounts of money regularly.

ET Money also offers insurance services, including term insurance and health insurance. The app provides a personalized insurance plan recommendation based on the user’s needs and budget.

Paytm Money – A wealth management app that lets users invest in mutual funds, stocks, and gold, as well as manage their NPS accounts.Paytm Money is a popular wealth management app in India that offers a range of financial services, including mutual fund investments, NPS account management, and digital gold investments. The app is a subsidiary of Paytm, one of the largest mobile payment and financial services platforms in India.

With Paytm Money, users can invest in a wide range of mutual funds, including equity funds, debt funds, and hybrid funds. The app provides detailed information on each fund, including its performance history and risk profile. Users can also invest in digital gold through the app, which allows them to buy and sell gold at the latest market prices.

Paytm Money also offers NPS account management services, which allows users to manage their National Pension System accounts through the app. Users can view their NPS account balance, make contributions, and monitor their NPS investments in real-time.

Additionally, Paytm Money offers a range of financial tools to help users make informed investment decisions. The app provides access to investment research reports, market news, and expert insights on various investment options.

Groww – An investment app that offers commission-free trading in stocks, mutual funds, and gold, as well as personalized investment recommendations.Groww is an investment app in India that offers commission-free trading in stocks, mutual funds, and gold, as well as personalized investment recommendations. The app has gained popularity in recent years due to its user-friendly interface and low fees.

With Groww, users can invest in a wide range of mutual funds, including equity funds, debt funds, and hybrid funds. The app provides detailed information on each fund, including its performance history and risk profile. Users can also invest in stocks through the app, which allows them to buy and sell shares at the latest market prices.

Groww also offers a range of financial tools to help users make informed investment decisions. The app provides access to investment research reports, market news, and expert insights on various investment options. Additionally, Groww provides a tax-saving feature that helps users plan their investments in a tax-efficient manner.

One of the unique features of Groww is its “Smart Save” feature, which allows users to earn higher returns on their idle cash by investing in liquid mutual funds. Users can also set up SIPs (Systematic Investment Plans) for their investments, which helps them invest small amounts of money regularly.

Cleartax – A tax filing app that helps users file their income tax returns online, and provides expert tax advice and assistance.ClearTax is a popular financial app in India that offers a range of services related to tax filing, mutual fund investments, and personal finance management. The app has gained popularity due to its user-friendly interface and simplified tax filing process.

With ClearTax, users can file their income tax returns online in a few simple steps. The app automatically calculates the user’s tax liability and generates the appropriate tax return form. Users can also track the status of their tax refund and receive reminders for upcoming tax deadlines.

ClearTax also offers a range of financial tools to help users manage their finances. The app provides personalized investment recommendations based on the user’s risk profile and financial goals. Users can invest in a wide range of mutual funds through the app, including equity funds, debt funds, and hybrid funds.

Additionally, ClearTax provides a range of personal finance management tools, including an expense tracker and a budget planner. The app categorizes expenses automatically and provides personalized insights on how to save money and manage finances more effectively.

Walnut – A budgeting app that helps users track their expenses and bills, and also offers features like bill reminders, group payments, and UPI payments.Walnut is a popular personal finance management app in India that helps users track their expenses, budget their money, and save more effectively. The app has gained popularity due to its simple interface and powerful features.

One of the key features of Walnut is its expense tracker. Users can connect their bank accounts and credit cards to the app, and it will automatically categorize their transactions into different expense categories. Users can also add cash expenses manually, making it easy to track all of their spending in one place.

Another great feature of Walnut is its budget planner. Users can set monthly budgets for different expense categories, and the app will notify them when they are close to exceeding their budget. The app also provides personalized insights and tips on how to save money and manage finances more effectively.

Walnut also offers a range of financial tools to help users manage their money more effectively. The app provides access to investment research reports, market news, and expert insights on various investment options. Additionally, the app offers a feature called “Splitwise”, which helps users split bills and expenses with friends and family.

PhonePe – A mobile wallet app that lets users send and receive money, pay bills, and recharge mobiles and DTH services.

PhonePe is a popular digital wallet and payment platform in India that allows users to send and receive money, recharge mobile phones, pay bills, book travel, and shop online. It was founded in December 2015 by Sameer Nigam, Rahul Chari, and Burzin Engineer and was acquired by Flipkart in 2016.

PhonePe uses the Unified Payments Interface (UPI) system, which is an instant real-time payment system developed by the National Payments Corporation of India (NPCI), to transfer money between bank accounts. It is available as a mobile app for both Android and iOS devices and has over 280 million registered users.

One of the key features of PhonePe is that it allows users to link multiple bank accounts and manage them from a single app. It also offers cashback rewards for transactions made through the app and has partnerships with a wide range of merchants to offer discounts and deals to users.

MobiKwik – A mobile wallet app that offers digital payments, UPI payments, and bill payments, as well as discounts and cashback on transactions.MobiKwik is a popular mobile wallet and financial app in India that offers a range of services, including mobile recharges, bill payments, and digital payments. The app has gained popularity in recent years due to its user-friendly interface and secure transactions.

With MobiKwik, users can add money to their mobile wallets using various payment options, including credit/debit cards, net banking, and UPI. They can then use the money to make mobile recharges, pay utility bills, book movie tickets, and make other digital payments.

MobiKwik also offers a range of financial services, including personal loans, mutual fund investments, and insurance policies. Users can apply for a personal loan through the app and receive instant approval within minutes. They can also invest in mutual funds and purchase insurance policies through the app.

Another great feature of MobiKwik is its cashback offers and rewards program. Users can earn cashback on their transactions, which can be redeemed for various rewards and discounts.

Overall, MobiKwik is a great app for anyone looking for a comprehensive digital wallet and financial services platform. It is free to use and available for download on both iOS and Android devices.

SBI YONO – A mobile banking app that offers a range of banking services, including account opening, fund transfers, bill payments, and loan applications.SBI YONO (You Only Need One) is a popular digital banking and lifestyle app offered by the State Bank of India (SBI), one of the largest banks in India. The app offers a range of services, including banking transactions, investment options, and online shopping.

With SBI YONO, users can open a digital savings account and perform banking transactions, such as fund transfers, bill payments, and online recharges. The app also offers a range of investment options, including fixed deposits, mutual funds, and insurance policies. Users can apply for loans and credit cards through the app as well.

One of the unique features of SBI YONO is its shopping section, which allows users to shop for various products and services, including flight tickets, hotel bookings, and e-commerce products. The app offers various discounts and cashback offers to users on their purchases.

SBI YONO also provides a range of lifestyle services, including booking appointments with doctors, ordering groceries, and making restaurant reservations. The app also offers a personalized experience to each user, providing customized offers and recommendations based on their transaction history and preferences.

BHIM – A UPI payment app that allows users to send and receive money instantly, as well as pay bills and recharge mobiles and DTH services.BHIM (Bharat Interface for Money) is a popular mobile payment app in India that allows users to make digital payments and transfer money using UPI (Unified Payments Interface) technology. The app was developed by the National Payments Corporation of India (NPCI) and is supported by a range of banks.

With BHIM, users can link their bank accounts and make digital payments using their mobile number or a unique UPI ID. The app allows users to send and receive money instantly and also provides options to request money from others. BHIM also allows users to check their account balance and transaction history.

One of the key features of BHIM is its user-friendly interface. The app is easy to use and allows users to make transactions quickly and securely. The app also provides a range of security features, including passcode and fingerprint authentication, to ensure the safety of transactions.

BHIM also offers cashback and rewards programs to users, providing incentives for digital payments. The app also allows users to make payments to merchants and service providers using QR codes, making it a convenient payment option for both users and businesses.

Remember to choose the apps that best fit your individual financial goals and needs, and always ensure that your personal and financial information is secure. Happy budgeting!