Let’s be honest — managing money sounds simple, but between spending, saving, bills, and budgeting, it can get messy real quick. I’ve tried tracking expenses manually in Excel sheets, but let’s face it, we all need something smarter.
Thankfully, in 2025, there are some brilliant free personal finance apps in India that can help you stay in control without spending a rupee. Here’s my honest take on the best ones worth installing.
✅ What Makes a Good Personal Finance App?
Before I show you the list, here’s what I looked for:
- Totally free to use (no hidden fees or paywalls)
- Tracks income, expenses, bills, and savings
- Simple and clean interface
- Supports multiple bank accounts & UPI
- Useful reminders and financial goals
- Optional features like credit score, investment tracking, etc.
📲 Top 5 Free Personal Finance Apps in India (2025)
1. Walnut
- Automatically tracks expenses from SMS alerts
- Categorizes spending (food, travel, shopping, etc.)
- Monthly budget setting & alerts
- ✅ Best for beginners who just want to “see where the money goes”
2. Money View
- All-in-one dashboard: expenses, loans, and even credit score
- Supports auto categorization + reminders
- Secure and RBI-compliant
- ✅ Ideal for users who also want to keep an eye on loan EMIs and CIBIL
3. ET Money
- Expense tracking + Mutual fund & insurance management
- Smart insights on spending habits
- Investment & tax-saving options built-in
- ✅ Perfect for working professionals managing both money & wealth
4. Goodbudget (Envelope System)
- Old-school envelope budgeting — but in digital form
- Manual entry, best for conscious spenders
- Sync with partner/family for shared goals
- ✅ Great for couples or people following the “every rupee has a job” rule
5. YONO SBI (For SBI Users)
- Bank-linked expense categorization
- Budget tracker, fixed deposit planning, and even SIP recommendations
- ✅ Solid for SBI customers who want everything in one place
💡 Personal Tip: One App Doesn’t Fit All
When I started using Walnut, it was simple and clean. But as I got more serious about investments and credit, I switched to ET Money.
Start with one, and evolve as your financial goals grow.
❓ Frequently Asked Questions (FAQs)
Q1. Are these personal finance apps really free?
Yes. All apps listed here offer fully usable free versions. Some have premium upgrades, but most core features are free.
Q2. Are these apps safe to use?
Most apps like ET Money, Money View, and Walnut follow strict RBI-compliant security standards. Still, always download from official app stores.
Q3. Can I use these apps without linking my bank account?
Yes. Apps like Goodbudget and Walnut allow manual entries. Linking is optional, but it gives better insights.
Q4. Which app is best for investment tracking too?
ET Money stands out with its built-in mutual fund, SIP, and insurance integration.
🧾 Final Thoughts
Managing your finances doesn’t require you to be a financial expert anymore. Just pick an app that fits your vibe, spend a few minutes setting it up, and watch how much more control you feel over your money.
If you’re just starting, Walnut or Money View are great. But if you want to grow wealth too, ET Money is a powerhouse.