How to Choose the Best Money Management Apps With so many options on the market, determining the best money management apps that will meet your needs can be difficult and overwhelming. But don't worry; as long as you focus on what you want to achieve and know your tech preferences, you'll find the right one. Budgeting applications are software applications that you can use to monitor your finances, such as income, savings, debt repayment, or investing, from your computer, tablet, or mobile phone. Budgeting apps usually sync with your finances to provide real-time updates as your financial situation changes.