Budgeting and expense tracking apps help individuals and families manage their finances by tracking income, expenses, and savings goals. These apps provide tools to create budgets, categorize spending, set financial goals, and monitor cash flow. They often sync with bank accounts and credit cards to automatically import transactions, offering real-time updates and insights. Budgeting apps may also include features like bill reminders, debt management tools, and financial education resources. They are valuable for promoting financial awareness, discipline, and achieving financial goals.