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Apps for tracking and budgeting travel expenses

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Travel Apps for racking expenses

Travelling is all about planning, whether you do it at the moment or months prior to even leaving your home. We plan hotels, restaurants, tourist spots, cabs, rental car, adventure sports, souvenirs to buy and what not. But most of us maintain a macro outlook when it comes to finances. You can predict a lot, but when on ground you also got to track your finances as even a single penny leaves your pocket. This helps a lot in reimbursements during business trips, and enhances your money management skills during personal travels. Here we are with few apps to make that easy.

Trail Wallet – This helps you keep a tab on expenses by trip or by month. You can set up a daily budget, and add expenses as you go. A receipt or any bill amount can be added quickly. You can keep track of what is causing your expenses to exceed your budget, and what’s keeping stable.

Spent – This app actually gets you paid for your budgeting and tracking with its powerful cashback program, and partnership with brands like Starbucks, Mc Donalds, Uber, Netflix etc. It also separates personal & business expenses. It can be linked to your credit card, and bank account.

Tripcoin – It works both online and offline, which means no stopping you even in remote areas. Downloads daily data for more than 200 supported currencies and shows you the records in preferred denominations. It also has custom payment methods that make it highly effective.

Trabee Pocket – Frequent travellers will love this, with expenses as per trip or destination. It has flexibility to quickly switch between currencies. Expenses can be saved as cash or credit, isn’t that cool. You can also add notes or images to any expense. You can also create travel expense report.

Spliwise – This one is a great tool when you are travelling in groups, and the amount needs to be split up. Simply add your travel partners to the app, and at end of journey the app will calculate who owes whom and how much. This is a free app, but doesn’t support the currency value data.

Goodbudget – It uses the concept of envelopes to manage funds. You can create the categories on which you will spend money on, and assign certain amounts to it as budget. This is a great tool for goal setting, and helps you track very easily what expense went out of the way, and by how much.

Mint – This is all inclusive money management tool. It also includes your income and syncs the bank account to track all transactions. You can add expenses manually. It keeps a tab on monthly budgets, accounts, and credit score. Other alternatives to this app are Clarity Money, and Personal Capital.

Wally – With this app you will have all the flexibility that too manually. You can set targets aligned with budgets, create categories, add recurring income and expenses on the go. App can track the location making tagging easier. It can create quick visualizations and infographics about expenses.

Spendee – Gives you a complete control over your expenses, bank accounts, e wallets, and crypto wallets. It has all your income and expenses at same place to give you a better view of your financial stand. You can track your cash flows, and intelligent visualization help you see financial behaviours.

Toshl Finance – This one is an all-rounder and goes beyond travel. It is your perfect finance planner. You can connect with financial accounts, add income or expense. It analyses your spending habit, creates a budget plan, and voila it suggests investments too. What else to ask for from an app.

Travel Expense Tracker – This is not an app, and shouldn’t be here. But just in case you would like an excel spreadsheet to manage your expenses, here is a file to start with, from Microsoft.

Beware of Little Expenses! A small leak will sink a great Ship.

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