As a student, managing finances can be a daunting task. From tuition fees to daily expenses, there are numerous financial obligations to juggle, which can quickly become overwhelming. However, with the advent of technology, managing your finances as a student has become a lot easier, thanks to Student Finance Apps.
Student Finance Apps are designed to help students manage their finances efficiently. They are easy to use, intuitive, and packed with features that can help you stay on top of your finances.
Whether you’re looking to budget your money, track your expenses, or find ways to save, there’s an app out there that can help.
In this article, we’ll take a closer look at some of the best Finance Apps available in the market.
We’ll explore the features, pros, and cons of each app, so you can make an informed decision about which app is right for you.
We’ve done the research and tested numerous apps, so you don’t have to.
Whether you’re a college student looking to save money, a graduate student trying to manage student loan payments, or a high school student planning for college expenses, there’s an app on this list that can help you achieve your financial goals.
Top 10 Best Student Finance Apps
So, if you’re ready to take control of your finances as a student, read on and discover the best Finance Apps available today.
Mint is a popular financial management app that is highly recommended for students. It is a free app that allows you to manage your money, track your expenses, and plan your budget all in one place.
One of the standout features of Mint is its ability to connect to your bank account, credit cards, and other financial accounts.
This feature allows you to track all of your transactions in real time, which helps you stay on top of your spending.
Another great feature of Mint is its budgeting tool. You can set up a budget for different categories such as food, transportation, and entertainment, and the app will help you stay within your budget by sending you alerts when you’re approaching your spending limit.
Mint also has a feature that allows you to see your credit score, which is important for students who may be looking to apply for loans or credit cards in the future.
You can also use the app to set financial goals and track your progress toward those goals.
Mint is an excellent choice for students who want to manage their finances in a simple, intuitive way.
It’s a great app for tracking your expenses, setting budgets, and staying on top of your finances, all in one convenient location.
In addition to its budgeting and expense tracking features, Mint also offers a range of other useful tools.
For example, it has a bill tracking feature that helps you stay on top of your bills by sending you reminders when a bill is due.
You can also set up automatic bill payments through the app, which can help you avoid late fees and missed payments.
Mint also has a feature that allows you to categorize your expenses, which can help you identify areas where you may be overspending.
You can create custom categories based on your needs, or use the pre-set categories provided by the app.
Another great feature of Mint is its investment tracking tool. If you have investments such as stocks or mutual funds, you can connect them to the app and track their performance over time. Mint also provides investment recommendations based on your financial goals and risk tolerance.
Finally, Mint has a user-friendly interface that makes it easy to navigate and use. The app is available for both iOS and Android devices, and it has a website version as well.
This means that you can access your financial information from anywhere, at any time.
PocketGuard is another great financial management app that is particularly useful for students. It’s a free app that helps you track your spending, manage your budget, and save money.
One of the standout features of PocketGuard is its automatic expense tracking. The app connects to your bank account and credit cards, and automatically categorizes your expenses so you can see where your money is going.
This can be particularly useful for students who are on a tight budget and want to make sure they’re not overspending in any one area.
PocketGuard also has a budgeting tool that allows you to set monthly budgets for different categories such as food, transportation, and entertainment.
The app will alert you if you’re getting close to your budget limit, which can help you stay on track and avoid overspending.
Another great feature of PocketGuard is its “In My Pocket” feature, which shows you how much money you have left to spend after your bills and savings have been accounted for.
This can be particularly useful for students who want to make sure they have enough money for their essential expenses while still having some left over for fun activities.
Finally, PocketGuard has a feature called “Savings Goals” that allows you to set financial goals and track your progress toward them.
Whether you’re saving up for a new laptop or trying to pay off student loans, this feature can help you stay motivated and on track toward achieving your financial goals.
This makes PocketGuard an excellent choice for students who want to take control of their finances.
Its automatic expense tracking, budgeting tools, and savings goal features make it a powerful financial management app that can help you stay on top of your finances and achieve your financial goals.
You can read more about PocketGuard by following the link to their official website.
EveryDollar is a budgeting app that can be particularly helpful for students who want to take control of their finances.
It’s a free app that allows you to create a monthly budget, track your expenses, and plan your spending.
One of the standout features of EveryDollar is its “zero-based budgeting” approach. This means that you assign every dollar you earn to a specific category so that at the end of the month, you have zero dollars left over.
This can be particularly useful for students who are on a tight budget and want to make sure they’re not overspending in any one area.
EveryDollar also has a feature that allows you to connect your bank account and credit cards so that your transactions are automatically tracked and categorized.
This can save you time and effort, and help you stay on top of your expenses.
Another great feature of EveryDollar is its ability to create custom categories for your expenses.
This can be particularly helpful for students who have unique expenses such as textbooks or lab fees and want to make sure they’re accounting for those expenses in their budget.
EveryDollar has a feature called “Baby Steps” that can help you work towards your financial goals.
Whether you’re trying to pay off student loans or save up for a new car, this feature provides a step-by-step plan to help you achieve your goals.
EveryDollar is an excellent choice for students who want to create and stick to a budget.
Its zero-based budgeting approach, expense-tracking features, and customizable categories make it a powerful tool for managing your finances and achieving your financial goals.
Also Read About; The Best Loan Apps In the USA
4. Acorns App
Acorn is a financial app that aims to help students and young adults start investing small amounts of money.
The app rounds up each purchase made with a linked bank account to the nearest dollar and invests the difference in a diversified portfolio of exchange-traded funds (ETFs).
Acorns also offers other features, such as:
- “Found Money” – This is a cashback program that partners with over 300 brands. When you shop with one of these brands using a linked card, the brand will invest a percentage of your purchase into your Acorns account.
- “Grow” magazine – Acorns publishes a digital magazine called Grow, which provides financial advice and tips on budgeting, saving, and investing.
- “Acorns Later” – This is a retirement account option for those who want to start saving for retirement.
- “Acorns Spend” – This is a checking account that offers a debit card and offers the same roundup feature as Acorns, allowing you to invest spare change from purchases.
Acorns aims to make investing easy and accessible for students and young adults who may not have much money to invest.
The app offers a user-friendly interface and simple investment options, making it a great option for those who are just starting to learn about investing.
However, it’s important to keep in mind that all investments come with risks, and it’s important to do your own research before investing any money.
5. YNAB (You Need A Budget)
YNAB (You Need A Budget) is a popular personal finance app that can be helpful for students who want to manage their finances and create a budget.
It is a subscription-based app that offers a variety of features to help users track their expenses, save money, and achieve their financial goals.
Some of the key features of YNAB student finance apps include:
- Budgeting – YNAB helps you create a budget and tracks your expenses against that budget. You can set goals for different categories of expenses and track your progress.
- Automatic importing – YNAB can automatically import transactions from your bank accounts and credit cards, making it easier to track your spending.
- Debt payoff – YNAB can help you create a plan to pay off your debts and track your progress.
- Reporting – YNAB offers a variety of reports that can help you analyze your spending and see where your money is going.
- Mobile app – YNAB has a mobile app that allows you to track your expenses on the go.
- Education – YNAB offers a variety of educational resources, including video tutorials and a blog, to help users learn more about personal finance.
Overall, YNAB is a great app for students who want to learn how to manage their money and create a budget.
It can be especially helpful for those who are just starting out and want to avoid debt and build good financial habits.
However, like any financial tool, it’s important to use YNAB responsibly and to do your own research before making any financial decisions.
Students can set savings objectives and monitor their advancement toward achieving them with the aid of Tally.
Additionally, the app can track past payments and offer details on spending habits.
The app offers individualized savings advice and can assist students in automating their savings.
Students who are trying to save money for a particular purpose, such as paying for tuition or purchasing a car, may find this feature to be especially beneficial.
Tally also offers credit score tracking and expense categorization in addition to these features. The app’s ability to categorize expenses automatically makes it simple for students to understand where their money is going.
It can also reveal spending patterns and suggest areas where students can make savings.
Tally is a useful tool for students who want to take control of their finances and achieve their financial goals.
The app is easy to use and can provide valuable insights into spending habits and financial health.
With Tally, students can stay on top of their finances and make informed decisions about their money.
Among the best student finance apps, Splitwise is a popular app that helps friends and roommates split bills and expenses.
The app simplifies the process of splitting costs by keeping track of who owes what and allowing users to settle up with just a few taps.
Here are some of the key features of Splitwise:
- Split bills: With Splitwise, users can split bills and expenses with friends and roommates. The app can split expenses evenly or by percentage, and can even take into account individual shares or expenses.
- Track expenses: Splitwise keeps track of all expenses and who owes what. This feature can be especially helpful for roommates who share household expenses like rent, utilities, and groceries.
- Group expenses: Splitwise allows users to create groups for shared expenses. This can be helpful for events like trips or dinners where multiple people are splitting costs.
- Notifications: Splitwise sends notifications to users when bills are due or when someone owes money. This can help ensure that everyone stays on top of their expenses.
- Payment options: Splitwise allows users to settle up using a variety of payment options, including PayPal, Venmo, and bank transfers. This makes it easy to pay back friends and roommates, even if they use different payment apps or services.
Splitwise is a convenient app that simplifies the process of splitting bills and expenses. It helps users keep track of who owes what and allows them to settle up quickly and easily.
The app is especially useful for roommates who share expenses, but it can also be helpful for friends who split the costs of trips or outings.
Goodbudget is a personal finance app that helps students manage their money and stay on top of their expenses.
It uses a digital envelope budgeting system that allows users to set aside money for specific categories of expenses, such as groceries, rent, and entertainment.
Here are some of the key features of Goodbudget:
- Envelope budgeting: Goodbudget allows users to set up virtual envelopes for different categories of expenses. Users can allocate money to each envelope and track their spending in real time. This feature can help students stay on top of their expenses and avoid overspending.
- Syncing: Goodbudget allows users to sync their accounts across multiple devices. This feature can be especially useful for students who need to manage their finances on the go.
- Bill-tracking: Goodbudget can track bills and remind users when payments are due. This can help students avoid late fees and stay on top of their bills.
- Savings goals: Goodbudget allows users to set savings goals and track their progress towards achieving them.
This feature can be especially helpful for students who are saving for a specific goal, such as a study abroad trip or a new laptop.
- Reports: Goodbudget provides users with reports that show their spending patterns and help them identify areas where they can cut back. This feature can be especially useful for students who want to save money or reduce their expenses.
Goodbudget is a useful tool for students who want to manage their finances and stay on top of their expenses.
The app’s envelope budgeting system can help students stay organized and avoid overspending, while its syncing and bill-tracking features can make it easy to manage finances on the go.
With Goodbudget, students can take control of their finances and achieve their financial goals.
9. Wally Finance
Wally Student Finance App is a popular budgeting tool designed specifically for students. The app helped students track their expenses, set financial goals, and manage their money effectively.
With Wally, students could connect their bank accounts and credit cards, categorize their spending, and receive insights and alerts about their finances.
The app also had a feature that allowed students to split bills and expenses with their friends, making it easy for them to stay on top of shared expenses.
One of the unique features of Wally was its focus on visualizing financial data. The app used graphs and charts to help students better understand their spending habits and identify areas where they could save money.
Additionally, the app provided personalized tips and advice based on the user’s spending patterns.
Wally Student Finance App was available for both iOS and Android devices, and it was completely free to download and use.
The app’s user-friendly interface and helpful features made it a popular choice among students who wanted to take control of their finances.
Spendee was a student finance app designed to help students manage their finances easily and efficiently.
The app offered a simple and user-friendly interface that allowed students to track their expenses, create budgets, and save money.
Spendee enabled students to connect their bank accounts and credit cards, categorize their transactions, and create custom budgets based on their spending habits.
The app also provided real-time expense tracking, so students could see where their money was going and adjust their spending accordingly.
One of the standout features of Spendee was its ability to generate personalized insights and recommendations based on a student’s spending patterns.
The app offered suggestions on how to save money, and it also provided alerts when a user was close to exceeding their budget limits.
Additionally, Spendee had a social feature that let students split bills and share expenses with their friends.
Students who shared living expenses or went out with friends in groups benefited the most from this feature.
Spendee offered a free version as well as a premium version with more features, and it was available for both iOS and Android devices.
Overall, Spendee was a helpful tool for college students who wanted to manage their money and reach their financial objectives.
Student Finance Apps (Conclusion)
student finance apps have become an essential tool for students looking to manage their finances more effectively.
These apps offer a range of features, including budget tracking, expense monitoring, personalized insights, and expense-sharing options.
With the help of these apps, students can stay on top of their finances, avoid overspending, and achieve their financial goals.
From the zero-based budgeting system of EveryDollar to the social features of Spendee and the personalized insights of Wally, each student finance app offers unique features that cater to different needs and preferences.
The availability of these apps on both iOS and Android platforms and their user-friendly interfaces make them accessible to students across different demographics.
Overall, the rise of student finance apps has made it easier for students to navigate their finances and achieve financial stability.
By embracing these apps, students can take control of their finances, save money, and build a stronger financial future.