Fold Money

I've started using a new app called Fold Money, developed by an Indian startup, and it's been a game-changer for me in terms of expense tracking. One standout feature is its ability to automatically download transactions from both bank accounts and credit cards. Another feature uses AI to categorize expenses automatically, though this aspect isn't as accurate yet.

While the automatic transaction download works flawlessly, the AI tagging still needs improvement. However, after manually tagging transactions for a couple of months, I've noticed that the app has learned to recognize and tag repeat transactions from the same merchants automatically.

Overall, Fold Money has finally solved my longstanding issue with expense tracking, which I've struggled with due to the manual effort it typically requires. It's a fantastic free utility, and I'd even consider paying for such a service.