Money Management Apps That Make Your Life a Lot Easier

A smartphone is like your very own personal assistant. It comes with a host of inbuilt applications (apps) that are useful in your daily lives. You may use your phone to keep track of appointments, set reminders and goals, order things online, and for many other things. 
This small device helps you save a lot of time and effort. The app store of your phone offers you with thousands of apps serving different purposes. Food ordering, fitness tracking, online shopping, file sharing – you name a task and there is an app for it. Your smartphone is a powerful tool, that when used efficiently, can save you time, and make life easier. 
Money Management
Money management is an area of life that many struggle with. Fortunately, there are some great apps to help you manage your personal finances.
What does a good money management app do?
In today‚Äôs age, time and money are both essential and rare. As you struggle to achieve a work-life balance, any help you may get in money management is welcome. There are a number of finance apps available. These apps allow you to track expenses, pay bills, plan your taxes, invest in mutual funds online, and do a lot more. 
Here are five of the best money management apps in India.
1.Walnut
It is easy to lose track of your expenses in the hustle and bustle of your daily life. Often you may end up spending too much on a certain category and are left with insufficient funds for other commitments. The Walnut expense tracker app graphically shows you how much money you have spent and where. You may track financial transactions like ATM withdrawals, bank transfers, debit and credit card dues, and many more. The app detects important information about your expenses by analyzing your short message service (SMS) inbox. If you want to inculcate financial discipline, the Walnut app is a good addition to have on your phone. 
2.Money View Money Manager
This app provides you with a net balance view through the SMS feature. Additionally, after a one-time authentication, you may view your bank balance through online banking. It helps you track your expenses and maintain adequate balance. The tax saver feature is beneficial in categorizing reimbursements. It is also a mutual fund app as this app allows you to integrate mutual fund investments and specialized savings bank account. The app ensures complete safety of your personal information.
3.My Tax India
Tax calculation and planning can be a daunting exercise, especially if you are doing it on your own. My Tax India will help you calculate your tax liability and assess how much investment you need to make to minimize your liability. The data is exportable to other file formats for further analysis. My Tax India makes tax planning convenient and hassle-free.
4.Moneycontrol Markets on Mobile
The Moneycontrol app allows you track the latest updates on Indian and global financial markets. The app shows the latest price movements in different assets from indices like Bombay Stock Exchange (BSE), National Stock Exchange (NSE), Multi Commodity Exchange (MCX), National Commodity and Derivatives Exchange (NCDEX), and other markets. You may track movements of different financial products like futures, options, mutual funds, commodities, currencies, and other financial instruments. You may create watchlists of stocks or other assets that you want to keep an eye on and get live updates during market hours. The Moneycontrol app is like your very own investment researcher.
5.Angel Wealth
Last but not the least is the Angel Wealth app, which has started giving the other apps a run for their money. This app is an all-in-one money management tool that covers multiple areas of personal finance. It helps you track your income and expenses, plan your finances, achieve long-term goals, and create investments in a convenient and hassle-free manner. With this mutual fund app, you may invest online by opening an instant paperless account in under five minutes! 
This app uses the ARQ investment engine to provide customized recommendations. This technology-driven investment engine uses advanced technology to allow you to invest in mutual fund online. This powerful and proprietary ARQ investment engine uses machine learning, cognitive technology, and deep insights to give you customized mutual fund recommendations designed to maximize the value of your portfolio. The recommendations are based on doing an in-depth analysis of over a billion data points and are completely computer generated, leaving no room for human bias. The Angel Wealth app keeps you on top of your game when it comes to money management. All these features make this app a must-have on your smartphone. Download the app today and get personalized investment advice as per your risk profile at your fingertips. 

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