Financial Management Tools for Students

Last Updated: May 3, 2024 by

Financial Management Tools for Students

Managing money can be tricky, especially for students who have to juggle their studies, part-time jobs, and personal expenses. Often, students find themselves running out of money before the end of the month because they’re not sure how to keep track of their spending or plan their budgets. This can lead to stress and distractions from their main goal: studying. The solution? Financial management tools designed specifically for students. These tools help students see where their money is going, set up budgets, and even save for future goals. By using these apps or software, students can make smarter financial decisions, avoid unnecessary stress, and focus more on their studies and enjoying their college life.

Financial Management iOS and Android Tools for Students

Financial Management iOS and Android tools for students are designed to help young adults manage their finances effectively, right from their smartphones. These applications offer features such as budget tracking, expense recording, and financial goal setting, tailored specifically for the student lifestyle. With user-friendly interfaces, they make it easier for students to monitor their spending, save money, and understand financial planning basics, ensuring they can focus more on their studies and less on financial stress.

1. Mint: Budget & Track Bills

Bill Organizer & Money Saver

Mint: Budget & Track Bills
Author:
Intuit Inc
Platforms:
Last Updated:

Dec 19, 2023

Android Rating:android-icon
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4.1(206K Ratings)10M+ Downloads
iOS Rating:apple-icon
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4.8 (793.5K Ratings)
Content:
content_ratingEveryone
Language:

English

Mint: Budget & Track Bills-screenshots

Financial Management Tools for Students Mint is a comprehensive financial management tool designed specifically for students who need to keep track of their finances efficiently. It offers a range of features, including budget creation, expense tracking, and financial goal setting, all tailored to the unique needs of students. As one of the leading Financial Management Tools for Students, Mint provides real-time updates on bank accounts, credit cards, and loans, helping students stay on top of their finances and make informed decisions.

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2. Goodbudget: Budget & Finance

Money & Expense Tracker

Goodbudget: Budget & Finance
Author:
Dayspring Partners
Platforms:
Last Updated:

Dec 11, 2023

Android Rating:android-icon
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4.1(19.2K Ratings)1M+ Downloads
iOS Rating:apple-icon
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4.6 (12.9K Ratings)
Content:
content_ratingEveryone
Plan:

In-app purchases Offers In-App Purchases

Language:

English

Goodbudget: Budget & Finance-screenshots

Goodbudget is an app that takes a modern approach to the traditional envelope budgeting method, making it ideal for students looking to manage their finances. It’s among the preferred Financial Management apps for Students, offering a simple way to allocate their monthly income towards expenses and savings goals. Goodbudget’s shared envelope feature allows for collaborative budgeting, making it easier for roommates or partners to manage shared expenses.


3. Wally: AI Personal Finance

Track Spending & Budgets

Wally: AI Personal Finance
Author:
Wally Global Inc.
Platforms:
Last Updated:

Aug 22, 2023

Android Rating:android-icon
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2.1(170 Ratings)10K+ Downloads
iOS Rating:apple-icon
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3.8 (1.7K Ratings)
Content:
content_ratingEveryone
Language:

English

Wally: AI Personal Finance-screenshots

Wally leverages artificial intelligence to offer personalized financial management and tracking to iOS users. As a leader in Financial Management apps for iOS, Wally helps users to track their spending, set budgets, and achieve their savings goals. The app’s AI capabilities analyze spending habits to provide tailored advice and insights, making financial planning and management a breeze for iPhone users looking for smart financial solutions.

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4. Prism Pay Bills, Money Tracker

Prism Pay Bills, Money Tracker
Author:
BillGO, Inc.
Platforms:
Android
Last Updated:

Dec 19, 2023

Rating:android-icon
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2.9(23.5K Ratings)1M+ Downloads
Content:
content_rating
Everyone
Prism Pay Bills, Money Tracker-screenshots

Prism is an indispensable app for iPhone users aiming to streamline their bill payments and track their spending. Positioned as one of the top Financial Management apps for iPhone, Prism consolidates all your bills in one place, sends due date reminders, and allows for direct bill payment through the app, ensuring that you never miss a payment and can easily monitor your financial obligations.


5. Venmo

Send Money, Pay & Earn Rewards

Venmo
Author:
PayPal, Inc.
Platforms:
Last Updated:

Jan 31, 2024

Android Rating:android-icon
rating-icon
4.2(742K Ratings)50M+ Downloads
iOS Rating:apple-icon
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4.9 (15.4M Ratings)
Content:
content_ratingEveryone
Language:

English

Venmo-screenshots

Financial Management apps for Android Venmo is a popular financial management app that offers a blend of social networking and finance management for Android users. It’s widely used for splitting bills, paying friends, and transferring money with ease. As one of the leading Financial Management apps for Android, Venmo stands out for its user-friendly interface and social feed feature, where users can share their transactions publicly or privately, adding a social dimension to money management.


6. Clarity

Clarity
Author:
Farmers Bank & Trust
Platforms:
Last Updated:

Apr 29, 2022

Android Rating:android-icon
rating-icon
2.1(14 Ratings)5K+ Downloads
iOS Rating:apple-icon
rating-icon
3.1 (7 Ratings)
Content:
content_ratingEveryone
Language:

English

Clarity-screenshots

Financial Management apps for iOS & Android Clarity is a versatile financial management app available for both iOS and Android users, offering a wide range of tools to help manage your finances in one place. As one of the top Financial Management apps for iOS & Android, Clarity provides users with insights into spending patterns, subscription management, and offers ways to improve financial health through personalized recommendations, making it easier to achieve financial goals.

Read more: Budgeting Apps for College Students


7. YNAB

Spend, save and give joyfully

YNAB
Author:
ynab.com
Platforms:
Last Updated:

Feb 1, 2024

Android Rating:android-icon
rating-icon
4.6(17K Ratings)1M+ Downloads
iOS Rating:apple-icon
rating-icon
4.8 (48.8K Ratings)
Content:
content_ratingEveryone
Plan:

In-app purchases Offers In-App Purchases

Language:

English

YNAB-screenshots

Best Financial Management apps for Free YNAB stands out as one of the Best Financial Management apps for Free, offering an intuitive budgeting approach that helps users take control of their finances. It focuses on giving every dollar a job, ensuring that users can plan for their expenses, track their spending, and grow their savings effectively. YNAB’s method encourages proactive financial management, making it an excellent tool for those looking to make every dollar count.


8. Quicken: Budget, Money Tracker

Spending, Saving & Investing

Quicken: Budget, Money Tracker
Author:
Quicken Inc.
Platforms:
Last Updated:

Jan 26, 2024

Android Rating:android-icon
rating-icon
3.1(1.3K Ratings)100K+ Downloads
iOS Rating:apple-icon
rating-icon
4 (2.2K Ratings)
Content:
content_ratingEveryone
Plan:

In-app purchases Offers In-App Purchases

Language:

English

Quicken: Budget, Money Tracker-screenshots

Quicken is a leading application in the realm of personal finance management, offering robust features for tracking expenses, budgeting, and investments. As one of the premier money management apps for iOS & Android, Quicken allows users to seamlessly monitor their financial health across multiple devices. With its intuitive interface and comprehensive financial tools, Quicken empowers individuals to take control of their finances, ensuring a clearer insight into spending patterns and financial goals.


9. slice

UPI · card · credit

slice
Author:
slice – feel easy with money
Platforms:
Last Updated:

Feb 2, 2024

Android Rating:android-icon
rating-icon
3.8(404K Ratings)10M+ Downloads
iOS Rating:apple-icon
rating-icon
3.5 (45 Ratings)
Content:
content_ratingEveryone
Language:

English

slice-screenshots

Financial Management Tools for Grad Students Slice is a specialized financial management tool crafted for graduate students who face unique financial challenges. It provides advanced budgeting features, student loan tracking, and scholarship and grant management options, making it one of the essential Financial Management Tools for Grad Students. Slice helps grad students navigate their complex financial landscape, ensuring they can focus more on their studies and less on financial stress.

Related article: Essential Budgeting Apps for Van Lifers


10. Buxfer: Budget & Expense Track

Buxfer: Budget & Expense Track
Author:
Buxfer Inc.
Platforms:
Last Updated:

Jun 4, 2021

Android Rating:android-icon
rating-icon
3.5(749 Ratings)10K+ Downloads
iOS Rating:apple-icon
rating-icon
4.3 (142 Ratings)
Content:
content_ratingEveryone
Language:

English

Buxfer: Budget & Expense Track-screenshots

Buxfer is a robust budget and expense tracking tool that offers a comprehensive solution for graduate students looking to manage their finances effectively. As a top choice among Financial Management Tools for Graduate Students, Buxfer provides insights into spending habits, helps in setting up budgets, and tracks investments, all through an easy-to-use interface. It’s designed to simplify financial management, allowing graduate students to achieve their financial goals with ease.


Conclusion

In conclusion, financial management tools for students are not just about keeping a close watch on spending; they’re about empowering students to make informed financial decisions that support their academic and personal goals. By leveraging these tools, students can ease the stress of financial management, ensuring that money concerns don’t overshadow their educational journey. As students learn to navigate their finances with confidence, they’re not only setting the foundation for financial stability during their college years but also acquiring skills that will benefit them long after graduation. With the right tools in hand, managing finances becomes less of a challenge and more of a strategic element of their overall success.

Usman Bashir

About the Author: Usman Bashir

Usman Bashir is a seasoned writer and digital strategist with a passion for technology, innovation, and storytelling. With a background in journalism and content creation, Usman has contributed to numerous publications and platforms, offering insights on topics ranging from tech trends to emerging market dynamics. Outside of writing, he enjoys exploring the digital landscape, staying updated with the latest industry advancements, and mentoring aspiring writers.

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