At its core, PFM allows users to aggregate financial transactions in one place and then use that data to manage their money. In some cases, these transactions have to be entered manually, but an increasing percentage of products automate the process. PFM typically shows cash flow, spending trends, goals, net worth, and debt management. It also allows users some level of customization for managing their money. New PFM capabilities powered by artificial intelligence (AI) that have been recently introduced to the market include predictive cash flow analysis, personalized financial advice, and automated money management including autonomous savings.

 

18 apps to reference

MacLean’s Magazine – 4 apps for Students

• You Need a Budget
• Spendee
• Wally Lite
• Dollar Bird
• Tab

AI

• Penny

 

Budgeting Apps

• MINT
• Level Money
• Toshl Finance
• Daily Budget
• Digit
• PocketGuard
• Every Dollar
• YNAB (You Need A Budget) [CDN]
• Goodbudget (for couples)
• Clarity
• Honeyfi (couples)
• Honeydu (couples)
• Grocery (couples)
• Better Haves (couples)
• Splitwise
• CountAbout
• Clarity Money
• Spending Tracker
• Mylo
• Debt Payoff Planner
• Spendee
• Debt Manager [CDN]
• Debt Monitor [CDN]
• Wally [CDN]
• Expensify [CDN]
• Albert
• Empower
• Spendee
• Digit Bot
• Why You Need A Budget
• Trim (Subscription tracker)
• Budgetbakers

 

Coupons/Flyers

• Flipp

 

Freelancers

• Tycoon

Splitting Costs

• Venmo
• Splitwise
• Zelle

Habit Building

• YNAB (You Need A Budget)

Zero Based Budgeting

• Mvelopes

Tracking Expenses

• Wally
• Expensify

Virtual Cards – One time

• Privacy.com

Saving

• Acorns

Bill Reminders

• Prism

Taxes

• Turbo Tx

Investing

• Robinhood
• Personal Capital
• SoFi

Credit Scores

• Kredit Karma
• WalletHub

 

Investment Advice

• Personal Capital

 

SpreadSheet Manager

• Tiller

Financial Advisory companies also integrate PFM into their software

LearnVest

Personal Capital

Credit Karma