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Best Finance Apps for Freelancers

Прочети на Български ==> Read in English (US)

In this post, I will talk about the best finance apps for freelancers that they can use to organize their money flows and measure their financial stability.

When you freelance, you will report hours and income yourself. Managing personal finance and tracking the income and expenses information is a large part of the remote worker's responsibilities.

You need to know your net gain and how you perform in time to focus on improving your level. For reporting, you can use financial management software.

finance apps for freelancers

What is a Personal Finance Manager?

This app has many variations presented by different companies. The idea is the same for all of them - to have a personal accounting system and manage money wisely.

A good finance management app would have the following options:

        → income streams and categories

        → expense tracking by categories

        → budget creation

        → reports per day, week, month, and yearly

Such an application simplifies how you decide to spend money and provides an extra tool to receive insights about your spending behavior.

Why Do We Need Finance Apps for Freelancers to Manage Our Money Flows?

The more you become experienced in finding freelance projects, the broader range of options you will have for work. They will bring you more income streams, but you must find a way to keep things straight.

Payment methods can vary for different assignments. For example, some projects can be paid directly to your bank account. Others can use a platform to calculate your earnings, and then you can withdraw them when you reach a minimum amount.

As businesses prefer various tools, you must adjust to their preferred payment system. The issue of memorizing all this information can be solved by creating accounts in a money management app.

It's how you can have easy-to-access financial data about your particular situation. You can also add your work-related and personal expense categories.

Which Finance Apps for Freelancers to Use?

You can find many options for budgeting apps, but I am also providing a list of the ones I tried myself and will share my experience with them.

1. Wallet by BudgetBakers

I have tried their mobile app for Android because keeping records on the phone is much more convenient for traveling and working outside. They also provide a web application that you can access through your browser.

Creating your accounts is the first action that will help you get started. You can set up and sync all your bank accounts with the app. Then add any payment processors you use for sending or receiving money, e.g., PayPal, Payoneer, etc.

How safe is it to sync your bank account with Wallet?

The answer to this question is provided by BudgetBakers on their official website:

Yes, BudgetBakers is a licensed financial information services provider under PSD2 (European Payment Services Directive 2) and the Czech National Bank.

If you still worry about this, I have linked all my bank accounts with the app and never had any issues. As long as you don't provide your passwords to anyone and practice good security habits, you will be just fine.

I have set up a Cash account for the money I use daily to pay when a shop doesn't accept debit card payments. It is helpful to keep information about the initial balances of each account and then compare the amounts in time.

The Wallet app is free to use for 3 accounts. They also offer a Premium plan with advanced options like automation, unlimited bank accounts, etc. It's an integration that is worth trying.

2. Monefy App


The Monefy App is a different experience. The interface is quite fun and convenient to use. You can add income and expenses directly from the main dashboard. Many features are free, but you must purchase the full version to fully customize the app.

The paid subscription includes adding categories, synchronization for your devices, and additional features to help you organize your budget needs.

You can find all options for viewing your information in the top left corner. You can select to see the balance and flows for a specific account or for a set period.

You can access the categories, accounts, settings, and currencies in the top right corner. Many of those are available under the paid version of the app.

3. Spendee

This app is widely popular and used to create healthy spending habits. The other two personal finance apps differ because Spendee allows fully customizable categories, but you will need a subscription to link a bank account.

The good news is that they offer a 7-day free trial, and after it ends, you can continue to use the Premium plan with monthly, yearly, or one-time payments.

What I like about Spendee is its intuitive interface and various options for customizing categories. You can choose applicable icons and colors according to your preferences.

4. Goodbudget

Goodbudget is unique in introducing its envelope system. When I first started using the app, it took me some time to figure out how it works. Envelopes are money that you set aside for your expenses.

For example, you can have envelopes set for bills, savings, kids, groceries, etc. You can spend only the designated money in the envelope for each category. It is a fun way of disciplining you to spend within your means.

The application is not just helping you to organize your income and expenses. It teaches you how to spend wisely as well.

Which Finance Apps for Freelancers to Try as a Beginner?

To decide what the best app for you is, you must consider its overall design and functionality. If you like the envelope system, and you've applied it in the past in real life, then the idea of Goodbudget will sound familiar to you.

If you prefer to have more customization, you can try Spendee as it will allow you to be more flexible with the categories.

As long as you consider your personal financial needs and convenience, you will make the best choice among these apps. Make sure to spend enough time on an app to ensure you've made an informed decision. 

a pin about the best apps for freelance finance


Overall, finance apps for freelancers are a beneficial way of reducing stress related to your salary. You will likely feel more relaxed if you are well-informed about where your money goes.

We should utilize various software possibilities and optimize our budgets to serve us better. It is only possible to memorize some of the data. That's why personal finance management is essential for getting all insights.

If you are entirely new to using apps for your budget, it may take time to figure out how they work and get used to their features. Once you get ahead of things, I can guarantee that managing and organizing money is fun.


  1. You've written about some great apps that will be really useful for freelancers. There are so many apps out there, it's nice to have someone pick out a couple to focus on.

  2. I look forward to trying these apps, thank you! One that I like for tracking my time is Toggl, to help see my billable hours throughout the week.

  3. Never heard of these apps, but will check them out. I use mint and every dollar app for helping with budget and financial organization. Thanks for sharing.

  4. This is a great list, I'm looking forward to using them! I'm glad I don't have to do my own research to find the best app, your analysis is definitely going to help me! Thanks! :)

  5. Great post! I think my next job will definitely be work from home XD

  6. i love the monefy app. but haven't tried the rest.


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