MoneyWiz

MoneyWiz is a personal accounting tool built by SILVERWIZ LLC in California, available on iOS, macOS, Windows, and Android. It aims at users who want the full toolkit of a desktop financial application but with the freedom to work on any device. The app made its first release in 2010 and continues to expand: the 2025 version added more than 100 features, according to the site.

The core appeal is a combination of bank connectivity and versatility. MoneyWiz connects to over 40,000 banks across 50 countries and regions through four different data providers. If your bank is supported, the app can download transactions automatically, categorize them, spot transfers and refunds, and reconcile accounts without manual intervention. But it is not bank-sync-only: the app also has a full-featured manual-entry mode for cash, old transactions, or accounts a bank doesn't cover. You can upload CSV, QIF, OFX, or MT940 files from another app if you're switching over. If you prefer to start fresh, MoneyWiz lets you do that too.

Getting money into the app is the first step, but data staying in sync across your devices is the second. MoneyWiz syncs via its own cloud, encrypted with 256-bit encryption in transit and at rest. The sync is continuous: when you're online, changes on your iPhone sync to your Mac and to the web instantly. When you're offline, the app works normally and catches up the next time it connects. This matters most when you are traveling or in spotty coverage, since a budgeting app that needs the internet to record a transaction is useless in the field.

The accounts layer is simple in concept but powerful in practice. You start by adding accounts: a checking account, savings, credit cards, loans, anything with a balance. Each account can have its own currency if you travel or manage money in multiple countries. MoneyWiz groups these accounts however you want, color-coded for quick visual scanning. Search for any transaction and filter by account, category, date, payee, or status.

Budgeting in MoneyWiz is built on categories, which you customize completely. The app suggests defaults when you import or sync transactions, but you define what makes sense for you: maybe "groceries" is one category and "restaurants" is another, or maybe they're both under "food." Categories can be nested (food / dining / fancy dinners), giving you both high-level summaries and granular detail. You can also set budgets in two forms. Income-based budgets let you allocate each dollar of expected income to a category, seeing what's left and enforcing limits. Expense-based budgets let you set spending ceilings on categories, watch your progress visually as you spend, and get alerts if you overspend or are approaching a limit.

Recurring transactions are a significant time saver. Set up a salary deposit, a rent payment, a subscription charge once, and MoneyWiz creates transactions on schedule automatically. The app also handles bill tracking and forecasting: you can see your upcoming expenses on a calendar and get a forecast of what your balance will look like in the days and weeks ahead, conditional on those bills actually being paid. This is particularly useful for irregular income (freelancers, contractors) or large planned expenses.

Reports are where MoneyWiz shows its pro heritage. The app includes over 30 reports: net worth over time, category spending, cashflow, profit and loss, income vs. expenses, and more. Reports can be exported to CSV or PDF and either saved for later or printed. If you have multiple businesses or want to keep personal and business finances separate, MoneyWiz's flexibility with accounts and categories handles that naturally. You can even attach receipts to transactions for detailed backup.

Pricing is straightforward, with two tiers. The Standard plan costs $29.99 per year and includes cloud sync across devices, free updates to new versions, and email and chat support. There is a current promotion offering two extra months free with Standard. The Premium plan costs either $59.99 per year or $5.99 per month, with the annual price working out cheaper than paying month to month. Premium adds bank sync with those 40,000 institutions, priority support over email and chat, and everything from Standard. A one-week free trial is available without a credit card commitment; you can sign up in under ten seconds.

All subscriptions cover access on any supported device, up to 15 devices total, with up to two different MoneyWiz cloud accounts. Prices are in US dollars; taxes may be applied during checkout depending on your billing address. The site's refunds policy allows full refunds within 30 days of purchase for transactions made on MoneyWiz's own website. Refunds through the Apple App Store, Google Play, or Mac App Store follow those platforms' own rules, which vary by country and typically allow refunds on a case-by-case basis. After a refund, you can no longer use or update MoneyWiz.

What the site does not settle is what happens if you buy, refund, then buy again. The refunds policy reserves the right to refuse subsequent refunds if less than 12 months have passed since a previous refund. If you refund, use a different MoneyWiz cloud account, and refund a second time soon after, the company reserves the right to refuse the second refund. This is framed as a guard against using the app for a month, refunding, repurchasing, and repeating the cycle indefinitely; if you genuinely need refunds twice in a year or think you might, you should check the specific terms carefully or contact the company before purchasing to clarify.

MoneyWiz suits self-employed people and small business owners who want to track both personal and business finances in one app. It's built for desktop and mobile parity, so you get all the power and reporting on a Mac or Windows machine and can edit and review the same account structure on your phone. Power users of budgeting software who have used other desktop applications and found them cluttered or limiting often find MoneyWiz's configurability and depth a good fit.

The primary limitation is that it is not a tax or accounting service. MoneyWiz categorizes and reports, but it does not file taxes or generate tax forms. If you are a freelancer, you will likely want an accountant or a separate tax app to handle the final step. The app is also primarily built for desktop-first workflows; the mobile experience is complete, but the broader feature set and reporting shine on a larger screen.