If you’re a bit further ahead in your budgeting journey and are ready to expand your financial planning horizons, then look no further than Personal Capital. This app combines standard expenditure tracking with wealth management, making it a stand-out choice for those looking not just to save money, but to make it.
Although Personal Capital’s budgeting capabilities are more limited than those in other apps we’ve mentioned, its impressive variety of free investment tools has solidified its niche in the market. Especially notable among these features are their Retirement Planner (which runs simulations against your portfolio to prepare for a variety of scenarios) and their Fee Analyser (which hunts down hidden costs in your investment accounts).
Most of the app’s features are available free-of-charge (including the two mentioned above), but choosing to opt into its investment management services will incur a 0.89% fee on accounts under $1 million.