We’d all like to have a bit more control over our finances. It seems like expenses go flying out of your bank, and you can’t exactly keep track of all the little transactions that happen (which can add up significantly). Traditional expense tracking would mean that you would have to calculate every single purchase, manually categorize them, and record them. With iOS 16 money management apps, however, you can do all that with minimal effort, giving you time and energy to do other things!
If you’re interested in finding out more about the best iOS 16 money management apps that you can use to control your finances, invest in stocks, and manage expenses with a partner, then read on more to find out our picks.
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What Are iOS 16 Money Management Apps?
iOS 16 money management apps are applications that you can connect to your mobile bank to track any outgoing expenses. These apps also allow you to input how much money is coming in so that it can get an accurate reading of your financial situation, giving you more options to control your income and expenses. Some apps have different functions, goals, and target demographics, but the primary ethos of each one is similar. If you feel you could benefit from a more organized financial life, you may be interested in downloading some iOS 16 money management apps.
6 Best iOS 16 Money Management Apps
Here are some of our favorite iOS 16 money management apps that you can download and use today:
1. Mint
Mint is a huge iOS 16 money management app with over 750,000 reviews for an overall rating of 4.8 stars. Everything you can think of when it comes to money management, financing, and organization is in this app and ready for you to use. You can bunch together your account balances, monthly expenses, spending, credit score, net worth, and more. You can connect your banks, investments, loans, and any other financial assets you have so you have a complete picture of your financial health.
Not many banks have such an organized and comprehensive functionality, but Mint seems like the perfect companion to your online banking app. If you’re looking to spend smarter and save better, then Mint has multiple tools to help you do just that. You don’t need to purchase any subscriptions or premium plans if you’re okay with ads on your app. If you want the premium experience, you can purchase the ad-free option for $0.99 or the premium package for $4.99, which gives you better features and tools.
2. Plum
Plum is a popular app for those in the United Kingdom and has an overall rating of 4.7 stars with over 50,000 reviews. The app utilizes AI to help you invest your money in a safe and calculated manner, so you can have a more hands-off approach to your assets. Sometimes we make poor decisions when it comes to investing, so having an algorithm doing the work for you could give some a level of comfort. The app claims to “give your bank a brain,” as it implements multiple algorithms, smart tools, and features to help you organize your financial status.
Investing can be really complicated, especially for those who believe they don’t have the capital to make meaningful decisions. With Plum, you don’t need to have large numbers in the bank to start investing, building money, and saving the right way. You have access to commission-free stock investing with a catalog of 2,000 companies you can invest in. Take the risk out of investing and take it slow with Plum. You’ll probably find that your savings account and investments suddenly look better than ever.
3. Moneybox
Moneybox claims to turn your money into something greater. This app is also popular with UK customers and allows users to invest with as little as £1 (or $1). Making investing accessible is something everyone wants, as not everyone wants to learn specific investing apps that are complex and have many features that can scare people off. Apps like Moneybox allow you to connect your bank account and begin investing with your savings right away.
What’s cool about Moneybox is that it has a round-up feature. Every time you purchase something, let’s say for $2.30, you can set aside $0.70 into your savings or stocks immediately. This allows you to build an investment portfolio passively, which is often the best tactic for investing. The app has a range of other financial tools, from pensions to mortgage features, and a range of stocks to check out.
4. Personal Capital
Personal Capital is an app that focuses on preparing you for retirement. It’s designed for iPad, as it has a large user interface with sprawling navigation menus that go extremely in-depth into tracking your savings and planning for retirement. If you pay for the premium service, you can access the app’s investment and pension tools (which is what it’s known for), but it does have budgeting and financial organization features that put it on this list.
For something more in-depth, professional, and personal, then Personal Capital is a great way to maximize your investments and grow your financial assets. If you’re looking for something simpler to track your expenses and record your finances, then perhaps you might want to consider a different choice on this list.
5. Honeydue
Honeydue is the perfect app for couples to pool funds together and track all expenses. You can sync both of your bank accounts, investments, loans, and credit cards together so you can capture an accurate representation of your combined financial status. Some may find this a little bit of a breach of privacy, but many couples wish to take more control of their joint finances. Honeydue is an app that makes all that simple for you.
This budgeting app seems to focus more on past transactions instead of helping couples plan for future plans. So while you might not be able to grow finances together through investments, you can save better and be smarter with your money with the app’s help. If you and your partner are looking for a better way to control finances together, Honeydue is a free option to consider.
6. Fudget
If you don’t feel comfortable connecting your bank balances, investments, etc., then Fudget is an iOS 16 money management app that works more like a calculator. It’s extremely simple to use, and its list of features is very limited. That’s by design, as it looks to provide individuals with a simple way to record, track, and calculate expenses manually.
You won’t be getting some of the smart saving tools, investment opportunities, or automatic tracking devices you can get with other apps on this list, but if you’re looking for something extremely simple and straightforward, Fudget may be for you.
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