MyMoney Pro - Expense & Budget

Review by eFreeware

If you want a record of where your money goes but would rather not hand your transactions to an online service, MyMoney Pro is built for exactly that. It is a personal finance app for Android from developer Ananta Raha that logs income and expenses, sorts them into categories and sets monthly budget targets, and it works entirely offline. It works entirely offline, which makes it a reasonable fit for anyone who treats their spending history as private.

The Pro version sells for a one-time $4.99, carries no ads and offers no in-app purchases, so the cost question is settled before you install it. That combination is increasingly rare among budgeting apps, and it is the first thing I would weigh when deciding whether this belongs on your phone.

The app has been available since November 2019 and holds a 4.7 average across 6,550 ratings, with more than 10,000 installs. Those numbers suggest a settled, modestly sized audience rather than a mass-market product, which is roughly what I would expect from a paid, offline tool in this category.

A tracker for people who want to enter their own numbers

MyMoney Pro assumes you will type in what you spend. Each time you pay for something, you add a record, and the app keeps the running total. That manual step is the core of the experience, and it shapes who gets value from it: someone willing to build a small habit of logging purchases.

The payoff for that effort is a clear picture of your spending. The app stores income and expenses under categories such as Cars, Foods and Clothing, and you can create as many categories as you need. If you want to know how much of last month went to groceries versus fuel, that breakdown is the point of the app.

It also suits people juggling more than one pot of money. MyMoney Pro supports multiple accounts, so a wallet, a card and a savings pot can be tracked separately, and the developer places no limit on how many you create. Someone who keeps cash, a debit card and a separate savings account in play would find that structure useful.

The interface is described as simple and easy to use, and the developer's pitch is that a few days of use will show the difference. I would treat that as the intended rhythm: a short trial period to see whether the logging habit sticks before committing to it long term.

Logging income and expenses by category

The expense manager is the foundation. You add a record when money moves, assign it to a category, and the app files it away. Categories cover the usual household ground, and because you can add your own, the structure can follow your life rather than a fixed list. Multiple accounts sit alongside this, letting you attribute each record to the right wallet, card or savings pot.

Customization runs through the whole app. You pick your currency sign and decimal places, and you choose the icons and titles you prefer for categories and accounts. For anyone outside the default currency, or anyone who wants the app to read the way they think about their money, those settings matter more than they might sound.

The recent update adds record duplication, which is a small but sensible addition for anyone who logs similar entries often, such as a recurring weekly payment. The same release brings the app in line with Android 17 and fixes several issues with PDF export.

Budget targets and the charts that back them

Budgets in MyMoney Pro are set per category and per month. If coffee is where your spending drifts, you set a target for coffee, and the app gives you a number to stay under. The developer's framing is that this limits spending and helps you control the habit, which is the standard logic of envelope budgeting applied to a phone.

The analysis side shows monthly income and expenses as charts, and there is an expense book to browse through. Seeing a month laid out this way is how you spot patterns you would otherwise miss, and it is the natural companion to the budget targets: one sets the intention, the other shows whether you kept to it.

The Pro version adds three-month, six-month and yearly view modes, so the same analysis can be stretched beyond a single month. That is useful for anyone whose spending is irregular, where a monthly snapshot can mislead and a quarterly or annual view tells a truer story.

Backups, exports and the widget

Records can be backed up and restored, and worksheets can be exported for printing. The developer explains that storage access comes into play only for backup files, whether you are making one or restoring one, which is a narrower use than it first appears. For anyone who wants a paper trail or a periodic archive, the export option covers it.

The home screen widget is customizable and shows your balance while letting you add records without opening the app. The Pro version includes a smart input feature in the widget, which is the version of the idea that saves the most time for people who log purchases as they happen.

Passcode protection is part of the Pro package, alongside additional icons and multiple themes. If the app is going to hold a full picture of your finances, a lock on entry is a reasonable thing to want, and it is one of the clearer reasons the paid version exists.

What the $4.99 buys and what it does not

MyMoney Pro costs $4.99 as a one-time purchase. There are no ads in the app and no in-app purchases, so nothing inside it asks for more money once you have paid. That is the whole of the cost structure.

The Pro label refers to the feature set rather than a subscription tier. Compared with the free version, this one adds more icons, multiple themes, passcode protection, the smart input feature in the home screen widget and the longer three-month, six-month and yearly view modes. Those are the differences the developer lists.

For anyone weighing the two, the question is whether passcode protection, the extended view modes and the widget input are worth paying for up front. Someone who wants a lock on their financial records and prefers looking at longer stretches than a single month will likely answer yes.

Where a spreadsheet or a bank app might serve you better

The obvious alternative is a spreadsheet. It costs nothing, it is endlessly flexible, and it can hold as much detail as you care to enter. What it lacks is the structure MyMoney Pro provides: pre-built categories, budget targets, charts and a widget that puts the balance in front of you. If you already maintain a spreadsheet you enjoy, the app's main advantage is convenience rather than capability.

Another option is whatever your bank provides. Bank apps typically show transactions automatically, which removes the logging work entirely. The trade-off is that they see only the accounts you hold with them, so cash spending and money spread across institutions fall outside the picture. MyMoney Pro covers everything you choose to enter, but only what you enter.

A dedicated budgeting service is a third route, usually built around syncing accounts and often charging a recurring fee. MyMoney Pro takes the opposite approach: a single payment and no connection required. Which suits you depends on whether you value automation more than privacy and a one-off cost.

A straightforward pick for manual, private budgeting

MyMoney Pro is a well-defined tool rather than a broad one. It logs income and expenses, organizes them by category and account, sets monthly budget targets and shows the results in charts. It does all of this offline, for a single $4.99 payment, with no ads and no further purchases.

It suits anyone prepared to enter their own transactions and who wants the record to stay on their device. The category and account structure, the currency and icon settings, the backups and exports, and the widget all point to a person who wants a private ledger they control rather than an automated feed.

It suits people who are happy to enter their spending by hand and want a clear picture of where the money goes. For everyone else, the one-time price and the offline design make the decision fairly simple.

What's new in version 6.6-pro

This version of MyMoney Pro introduces record duplication to quickly create similar entries. It also adapts the app for Android 17, resolves several PDF export issues, and includes the latest UI improvements.