Budgeting Apps: Managing money wisely is no longer just for adults — Gen Z in India is taking financial planning seriously. With digital payments, UPI, and online shopping becoming everyday habits, tracking expenses and saving money is more important than ever. Thankfully, budgeting apps are making money management simple, smart, and stress-free.
Table of Contents
In this blog, we’ll explore the top budgeting apps for Gen Z in India that combine user-friendly design, AI features, and financial insights to help young adults stay in control of their money.
Why Gen Z Needs Budgeting Apps
- 💸 High digital spending: Frequent use of UPI, online shopping, and subscriptions.
- 📊 Early financial discipline: Learning money management at a young age builds long-term stability.
- 📱 Tech-savvy mindset: Gen Z prefers mobile-first, AI-powered solutions.
- 🎯 Goal-oriented living: Whether it’s travel, gadgets, or education, saving for goals is easier with apps.
Best 5 Budgeting Apps for Gen Z in India
1. Walnut: Walnut is one of the most popular expense tracker apps in India.
- Tracks SMS-based spends automatically.
- Categorizes expenses like food, shopping, travel, and bills.
- Helps split bills with friends, perfect for college students.
- Offers credit score tracking and insights.
👉 Best for: Students and young professionals who want automatic expense tracking.
2. ET Money: ET Money is more than just a budgeting app.
- Tracks monthly expenses and bills.
- Helps invest in mutual funds, insurance, and SIPs.
- Smart financial insights for savings and investments.
- No manual entry — linked with bank accounts and UPI.
👉 Best for: Gen Z looking to start investing while budgeting.
3. Money View: Money View is simple, secure, and easy to use.
- Tracks expenses directly from bank messages.
- Provides a 360° view of finances.
- Offers personal loan options for emergencies.
- Allows goal-based savings.
👉 Best for: Young adults who want budget + credit support.
4. Goodbudget: Goodbudget uses the “envelope method” for money management.
- Allocates money into virtual envelopes like rent, food, travel.
- Great for building savings habits.
- Cloud sync allows multi-device usage.
- Manual entry ensures control over every spend.
👉 Best for: Students who want discipline in spending.
5. Bajaj Finserv Money App: This app is designed for modern financial planning.
- Tracks expenses and investments in one place.
- Helps with mutual funds, insurance, and loans.
- Secure and backed by a trusted financial brand.
- Provides personalized money tips.
👉 Best for: Gen Z professionals who want all-in-one financial management.
Tips for Gen Z to Maximize Budgeting Apps
- ✅ Set monthly savings goals.
- ✅ Review weekly spending trends.
- ✅ Enable bill reminders to avoid late fees.
- ✅ Use analytics to cut unnecessary expenses.
- ✅ Start small with investments alongside budgeting.
Conclusion
Budgeting is no longer boring — with smart apps like Walnut, ET Money, Money View, Goodbudget, and Bajaj Finserv Money, Gen Z in India can manage their money effortlessly. Whether it’s saving for a new smartphone, planning a trip, or preparing for higher studies, these apps help young adults stay financially fit.