Being a student is often synonymous with being on a tight budget. From tuition fees to textbooks, and everyday expenses like food and transportation, managing finances can be challenging. However, with the rise of technology, there are now numerous apps available to help students better save and manage their money. Here, we present ten of the best money management apps tailored specifically for students.

1. Mint

Mint is a popular choice among students for its comprehensive budgeting features. It allows you to track your expenses, set financial goals, and even get personalised money-saving tips. Mint syncs with your bank accounts and categorise your spending, making it easier to see where your money is going.

2. PocketGuard

PocketGuard is perfect for students who want a simple yet effective way to track their spending. It connects to your bank accounts and credit cards to give you an overview of your finances in one place. PocketGuard also analyses your spending patterns to help you identify areas where you can cut back and save more.

3. YNAB (You Need a Budget)

YNAB follows the philosophy of giving every dollar a job. It helps students create a budget based on their income and expenses, encouraging them to allocate money towards savings and debt repayment. YNAB also offers educational resources and live workshops to help users improve their financial literacy.

4. Acorns

Acorns is an investment app that rounds up your purchases to the nearest dollar and invests the spare change for you. This is a great way for students to start investing with minimal effort. Acorns also offers a “Found Money” feature where you can earn cashback on purchases from partner brands, helping you save even more.

5. Splitwise

Splitwise is ideal for students who often split expenses with roommates or friends. Whether it’s rent, groceries, or utilities, Splitwise keeps track of who owes what and simplifies the process of settling debts. This app is especially useful for maintaining transparency and avoiding conflicts over money.

6. Goodbudget

Goodbudget is based on the envelope budgeting method, where you allocate money to different categories (envelopes) and spend only what you have available in each envelope. This approach is particularly helpful for students who prefer a hands-on approach to budgeting. Goodbudget syncs across multiple devices, making it easy to track your spending wherever you go.

7. Chime

Chime is a mobile banking app designed to help students avoid unnecessary fees and save money effortlessly. It offers a fee-free checking account and savings account with no minimum balance requirements. Chime also provides early direct deposit and round-up savings features, allowing you to grow your savings automatically.

8. Wally

Wally is a budgeting app that focuses on simplicity and usability. It allows students to track their expenses manually or by syncing their accounts, giving them full control over their financial data. Wally also offers insights into spending habits and allows users to set savings goals to stay motivated.

9. Qapital

Qapital combines banking and goal-setting to help students save money for specific purposes. Whether it’s a vacation, a new laptop, or an emergency fund, Qapital allows you to set up savings goals and automates the saving process. The app offers various saving rules and customizable features to fit your individual needs.

10. Toshl Finance

Toshl Finance is a budgeting app with a fun and intuitive interface. It allows students to track their expenses, set budgets, and visualise their financial data through colourful charts and graphs. Toshl also offers expense reminders and bill tracking features to help you stay on top of your finances.


Managing money as a student doesn’t have to be overwhelming, thanks to these ten money management apps. Whether you prefer automated budgeting, manual tracking, or a combination of both, there’s an app out there to suit your needs. By utilising these tools, students can develop healthy financial habits, save more money, and achieve their long-term financial goals. So why wait? Download one of these apps today and take control of your finances!


Write A Comment