There are plenty of iPhone and iTouch applications (apps) that will help you manage your finances. Today I’ve put together a list of 10 that are Free and practical for occasional use. Now if only I could find a way to get the iPhone for free.

Compare and Convert – This looks like a pretty handy app for the grocery store. It helps you make purchase decisions about different bulk purchases. For instance, a 2 liter of sodas vs. a six pack of sodas. Which is the better deal?

by Red 5 Development

Balance – This app acts like an electronic version of your check register. If you’re opposed to using one of the “all-in-one-place” style money apps like the one from Quicken, and/or, all you have is one checking account to track, then this may be the app for you. Get rid of that check register and start using Balance. It auto-calculates the remaining balance for you.

by Connor Wakamo

Free Shipping Coupons – This app will let you browse all the free shipping deals available at over 1500 stores. Once you find the free shipping deal you want you just make your purchase online using your iPhone or iTouch.

by FreeShipping.org

Wesabe – Track all your money accounts in one spot. Similar to Quicken, Mint, and Rudder, this app lets you see all of your bank accounts and credit card balances in one spot. Also has a “nearby merchants” feature.

by Wesabe

Rudder - Use Rudder to track all your accounts, creditors, and other bills all in one spot. Know exactly “what’s left” in your accounts. This looks to be similar to Quicken, Mint, and Wesabe.

by Rudder

Quicken Online – Similar to Mint, Wesabe, and Rudder, you can use the Quicken Online app to sync up with your current Quicken Online account and track your accounts. See all your accounts in one spot. Also includes an ATM finder.

by Quicken Online

Mint – Similar to Wesabe, Quicken Online, and Rudder, this app will help you see all your accounts in one spot. Includes multiple budgeting and threshold reminder features.

by Mint

Amortize – Quick and easy to use amortization schedule. This app will show you the loan payment you will make on any lending decisions you are considering. All you’ll need is the principle, interest rate, and years of the loan. Great for house or car hunting. Will show you the monthly payment or the full amortization schedule so you can see how much interest you’ll be paying throughout the loan.

by Interlook Corp

Lockbox – Allows you to store passwords, IDs, account numbers, etc right on your iPhone or iTouch and encrypts the information so others can’t access it. With as many online account IDs we have these days, this seems like a nice way to keep all your information safe, and in one spot.

by GEE! Technologies

CBS Money Watch – Personal finance videos and more from a quality source.

by CBS and BNET

Pay Off Debt ($2.99) – Ironically, the free section didn’t have a debt reduction app, so I had to bring this one to the list. This app lets you see your debt snowball in action. Visualize how much you have left to pay off your debts. This app was created by the personal finance blogger from BluntMoney.com. I have a few promo codes to get this app for free. Comment below if you’d like a promo code.

So what do you think? Did I leave any off? Feel free to leave your favorite money-related iPhone/iTouch app in the comments below.

Related posts:

1. My Favorite Online Freebies
2. Start Tracking Your Money in 10 Minutes with Quicken Online
3. PT Money Goes Mobile: iPhone App, Amazon Kindle, and WP Touch Theme
4. A Plan to Be Debt Free
5. Flexible Spending Account Reminder