Author Topic: Best Apps for tracking expenses  (Read 338 times)

Jinny

  • 5 O'Clock Shadow
  • *
  • Posts: 7
Best Apps for tracking expenses
« on: September 08, 2017, 12:13:05 AM »
Any recommendations on the best expense tracking apps? Ease of use is more important to me than bells and whistles. Thanks.

MDM

  • Walrus Stache
  • *******
  • Posts: 6836
Re: Best Apps for tracking expenses
« Reply #1 on: September 08, 2017, 10:29:39 AM »
In alphabetical order, GnuCash, Mint, Quicken, speadsheets, and YNAB are some of the more commonly recommended ones. 

People tend to favor what they use.  Sometimes that is due to rigorous comparison of alternatives, sometimes due to familiarity alone.

FWIW, we've used Quicken for 20+ years.  It could be much better, but for us it has been good enough.

EarthSurfer

  • 5 O'Clock Shadow
  • *
  • Posts: 66
  • Location: 5280
Re: Best Apps for tracking expenses
« Reply #2 on: September 08, 2017, 04:39:05 PM »
I second MDM as a long term Quicken user. The Windows version is very full feaured, and is their flagship product. The MAC version is finally gaining most of the functionality of the Windows version.

I purchase the update every 2-3 years, and I often purchase the previous year version from eBay at a substantial discount.

Quicken used to be the flagship brand & company name for the developers of MINT.com, but the Quicken application was spun off into a separate company last year.

Quicken probably has the widest support of any financial software for downloading and syncing account data.

Overall, the Quicken "system" is rather clunky and dated. Generally, it is tied to one computer. (There is a probably work around to allow access from multiple computers for home use.) There is a phone app for tracking expenses and taking photos of receipts which will be uploaded to your computer when you sync.

I have 17+ years of transaction data in Quicken, and I sometime find myself "going down the rabbit hole" to find out how my spending has changed over time. For example, i was paying about $130/m for land line phone, basic cell phone, and DSL internet in 2000, and I pay $65 today (no landline).
Retired early, retired often since 1998...

iTellStories

  • 5 O'Clock Shadow
  • *
  • Posts: 7
  • Age: 32
  • Location: Boston, MA
Re: Best Apps for tracking expenses
« Reply #3 on: September 11, 2017, 06:34:25 PM »
YNAB changed my life.  They offer a free month trial.  My referral link is: https://ynab.com/referral/?ref=kiJ5HnuwQCviXuVl&utm_source=customer_referral if you want to give it a shot for 30 days.  Let us know if you find something you like better!  I love trying new ones out!