Mint: Budget, Bills, Finance for Android

Mint.com Personal Finance keeps track of all your expenses, enables you to set spending caps, sends you notifications when you overspend, and gives you practical advice on how to better manage your money. This polished app, praised by many financial publications, works marvelously well but makes you pay a high price for its smart assistance: your bank account, credit card, and loans & debts data.

Pros

Complete financial management suite: Mint.com Personal Finance dazzles you with its array of financial tracking and analysis tools, beautiful charts and graphs, and multipanel summaries, featuring an easy-to-understand breakdown of your cash flow and expenses. Just as useful is the ability to set budget limits on certain types of expenses on a macro as well as micro level, i.e. (Shopping, Movies & DVDs, Entertainment). It can even handle automatically categorized transactions.

Helps you cut spending: The app does a fantastic job at breaking down your spending and auto-categorizing them, giving you a clear picture of where most of your money is going and, by allowing you to set limits and giving you constant alerts and notifications, makes you a more calculated shopper and overall a wiser spender.

Great execution: You'll love the sleek and colorful interface, the smooth navigation and intuitive controls, and the syncing with the Mint.com website, so that you can access the app on all devices.

Cons

Creates a security risk: Although the app uses a password-protected platform with bank-level encryption to protect your financial data, that doesn't change the fact that you have to share your most sensitive financial information.

Optimized for tablets: The smartphone version lacks charts/graphs and an offline mode, and overall looks much more bare and text-based compared to the gorgeous tablet version.

Bottom Line

It's hard to find a smarter and more complete finance app for Android than Mint.com Personal Finance. This app has it all, but only when run on a tablet, because the smartphone version isn't as developed yet. Whether you're a spendthrift or just an average person wishing to better manage your finances, this is the right app for you.