Best Budgeting Apps

Best Budgeting Apps

Hey there, money moguls!

Welcome to your one-stop shop for getting your finances on track – the Best Budgeting Apps. Ever get to the end of the month and wonder, “Where the heck did my money go?” If so, you’re definitely not alone.

Here’s the scoop: there’s a whole bunch of super handy apps out there that can help you answer that very question and so much more! Whether you want to get into envelope budgeting, track your spending, or want an all-in-one financial hub, we’ve got you covered.

In this comprehensive guide, we’re gonna take a deep dive into:

And we won’t stop there. We’ll also dive into some other cool apps like Toshl Finance, Wally, Albert, and Zeta. Plus, we’re gonna wrap it all up with a good ol’ fashioned comparison to help you figure out which app is the perfect fit for you.

So grab a cup of coffee, get comfy, and let’s dive into the wild world of budgeting apps. Let’s show that money who’s boss!

Rocket Money: Customize Your Financial Journey

Hold on to your hats, folks! We’re rocketing towards our next budgeting app, appropriately named Rocket Money. This one’s a bit different from the rest, as it operates on a sliding scale of pricing and offers expansive services. If you’re keen on customizing your financial journey, then Rocket Money might just be your ticket to the moon.

Check out what Rocket Money has in store:

  1. Custom Budgets – Rocket Money understands that not all budgets are created equal. So, it lets you create custom budgets that fit your lifestyle, income, and goals. Whether you’re a student living on a shoestring budget or professional planning for early retirement, Rocket Money has got you covered.
Rocket Money - Custom Budgets
  1. Expense Tracking – No more losing track of your bucks. Rocket Money gives you a detailed breakdown of your spending, helping you understand where your money goes and where you can save.
Rocket Money - Expense Tracking

  1. Savings Goals – Dreaming of a tropical vacation or saving for a new car? Whatever it is, Rocket Money helps you set up savings goals and track your progress towards achieving them. It’s like having a cheerleader for your savings!
Rocket Money - Safety Net feature
  1. Sliding Scale Pricing – Here’s where Rocket Money stands out. Unlike other apps that charge a flat fee, it operates on a sliding scale of pricing, which means you pay what you can afford. It’s a nice touch that makes budgeting accessible to everyone.
Rocket Money - Sliding Scale Pricing
  1. Financial Education Resources – Beyond just tracking your spending and savings, Rocket Money also provides a wealth of educational resources. You’ll get tips, tricks, and advice to help you level up your financial game.

Of course, Rocket Money isn’t without its drawbacks. Some users have found the user interface a bit complex, and its customer support could be improved. But if you’re up for a bit of a learning curve and want a tool that truly fits your financial lifestyle, Rocket Money is worth exploring.

One of the coolest features of Rocket Money is its “Safety Net” autopilot savings transfers. Rocket Money AI will analyze your budget and pick up the right moment and the right amount of money to transfer to the savings account! How cool is that? This is what my personal history looks like:

Rocket Money - Safety Net feature

So strap in and get ready for takeoff with Rocket Money! Let us know how your journey goes.

Up next, we’ve got some other cool apps you may not have heard of before. Stay tuned for Toshl Finance, Wally, Albert, and Zeta.

YNAB (You Need a Budget): Zero-Based Budgeting for Everyone

Alright, money mavens, next up we’ve got the no-nonsense, hands-on budgeting tool – YNAB, which stands for ‘You Need A Budget’ (and who among us doesn’t, amirite?). This app takes a unique approach known as zero-based budgeting, where every dollar you earn has a job to do. Sounds interesting, doesn’t it? Let’s dive in!

Here’s why YNAB could be your new budgeting bestie:

  1. Zero-Based Budgeting – Unlike other apps, YNAB isn’t about tracking your expenses. Instead, it asks you to give every dollar a purpose. That could be for rent, groceries, savings, or even a night out. You decide. By doing this, you’ll be more mindful of your spending and less likely to splurge.
YANB - Zero-Based Budgeting
  1. Goal Tracking – Got financial goals? Of course, you do! YNAB helps you set and track your financial goals, whether you’re saving for a house, paying off debt, or planning for retirement.
YANB - Goal Tracking
  1. Syncs with Your Bank – Forget about manually inputting each transaction. YNAB syncs with your bank accounts to automatically import transactions and keep your budget up to date.
YANB - Syncs with Your Bank
  1. Educational Resources – YNAB isn’t just about software; it’s also about education. The app offers a ton of free resources, including workshops, podcasts, and blog posts, to help you get smarter about money.
YANB - Educational Resources
  1. Supportive Community – You’re not alone on this journey. YNAB boasts an active, supportive community where you can swap stories, share successes, and pick up some nifty budgeting tips and tricks.

The one drawback with YNAB is that it isn’t free. After a 7-day free trial, it costs $14.99/month or $98.99/year. But if you’re serious about getting your finances in order and want a hands-on approach, many users swear YNAB is worth every penny.

So, if you’re ready to give every dollar a job and get hands-on with your budget, why not give YNAB a try?

Ready for more? Up next, we’ve got Simplifi by Quicken, the easy-breezy way to manage your money.

Simplifi by Quicken: Simplify Your Financial Management

Alright, folks, next on our personal finance journey is the app that aims to make managing your money as simple as possible – Simplifi by Quicken. This app gets a big thumbs up for its user-friendliness, and it’s designed to help you keep tabs on your spending and plan for the future.

Here’s what Simplifi has in store for you:

  1. Personalized Spending Plan – Simplifi helps you create a spending plan that fits your life, not some cookie-cutter version. It considers your income, recurring bills, and savings goals to show you what’s safe to spend each month.
Simplifi - Personalized Spending Plan
  1. Track Your Spending – Ever wondered where all your money goes? Simplifi tracks your spending across all your accounts, categorizing and highlighting your biggest spending areas. Knowledge is power, right?
Simplifi - Track Your Spending
  1. Saving Goals – Whether you’re saving for a dream vacation, a new car, or your emergency fund, Simplifi helps you set and track saving goals. It makes reaching those goals feel less like a chore and more like a fun challenge.
Simplifi - Saving goals
  1. Real-Time Updates – Stay updated with real-time information about your spending and saving. Simplifi ensures you always know where you stand financially, so no nasty surprises at the end of the month.
Simplifi - Real-time updates
  1. Watchlists – Got a weak spot for takeout or online shopping? With Simplifi’s Watchlists, you can keep an eye on specific spending categories and ensure you don’t blow your budget.

A few users have noted that Simplifi doesn’t offer as many features as some other apps, and it does come with a small monthly fee. But if you value simplicity and a clutter-free user experience, Simplifi could be a great fit for your financial management needs.

So, ready to simplify your money management? Give Simplifi a spin and see how it works for you.

Next up, let’s explore how to find where your money goes with PocketGuard.

PocketGuard: Find Where Your Money Goes

Up next, we’re putting PocketGuard in the spotlight. This nifty little app has one mission: to help you understand where your money goes and find ways to save more of it. Sounds good, right? Let’s take a closer look!

Here’s why PocketGuard might just be your new financial sidekick:

  1. In-Depth Spending Analysis – PocketGuard goes beyond basic tracking. It provides in-depth analysis of your spending habits, breaking down your expenses into categories so you can see exactly where your cash is going.
PocketGuard - In-Depth Spending Analysis
  1. “In My Pocket” Feature – We love this one! PocketGuard calculates how much money you have left for non-essential spending after covering bills and saving goals. They call it the “In My Pocket” feature. It’s a great way to avoid overspending and keep your finances on track.
PocketGuard - "In My Pocket" Feature
  1. Automatic Savings – Looking to build up your savings? PocketGuard can automatically set aside small amounts regularly, helping you reach your savings goals without even thinking about it.
PocketGuard - Automatic savings
  1. Debt Pay-off Feature – Yes, you read that right. PocketGuard can even help you pay off all your debts, saving you big bucks over time.
PocketGuard - Debt Pay-off Feature
  1. Unnecessary Expense Identification – If you’re paying for a subscription you forgot about or spending too much on takeout, PocketGuard will let you know. It’s like having a personal finance detective right in your pocket!
PocketGuard - Unnecessary Expense Identification

Now, keep in mind that PocketGuard isn’t free, and some users have reported sync issues with certain banks. But if you’re looking for an easy-to-use tool that can help you understand and control your spending, PocketGuard could be well worth a try.

So, ready to discover where your money’s really going? Why not give PocketGuard a shot?

Stay tuned, folks. We’ve got more stellar budgeting apps coming up, including Goodbudget, EveryDollar, and Personal Capital.

Goodbudget: Embrace the Envelope Budgeting System

Who’s ready for some old-school budgeting with a modern twist? Say hello to Goodbudget, a budgeting app that takes the classic envelope budgeting system digital. Ideal for visual thinkers and those who like to compartmentalize their finances, Goodbudget could be your ticket to financial clarity.

Here’s why Goodbudget is worth considering:

  1. Envelope Budgeting – Forget spreadsheets or complex financial tools. With Goodbudget, you allocate money to different envelopes (categories) for your various expenses. Once an envelope is empty, you’ve used up your budget for that category for the month. Simple, visual, and effective!
Goodbudget - Envelope Budgeting
  1. Sync and Share – This isn’t just for solo budgeters. Goodbudget allows you to sync and share your budget with a partner, family members, or even a roommate. It’s a fantastic tool for managing shared expenses.
Goodbudget - Sync and Share
  1. Debt Tracking – Got loans to pay off? Goodbudget lets you set up envelopes for debt repayment, helping you keep track of your progress and stay motivated.
Goodbudget - Debt Tracking
  1. Annual Envelopes – Some expenses don’t come up monthly. For things like insurance premiums or holiday spending, Goodbudget allows you to set up annual envelopes.
Goodbudget - Annual Envelopes
  1. Reports and Insights – Goodbudget provides visual reports and insights into your spending habits, helping you understand where your money is going and where you might need to make adjustments.
Goodbudget - Reports and Insights

One thing to note is that Goodbudget’s free version comes with limited envelopes. To get the most out of this app, you might want to consider their Plus plan. Also, there’s no automatic syncing with your bank account, so you’ll need to enter transactions manually. If that doesn’t bother you, Goodbudget could be a fantastic tool for your financial management.

Ready to give envelope budgeting a whirl in the digital world? Give Goodbudget a try and see if it’s a good fit for you.

Next up, we’ve got EveryDollar and Personal Capital to cover. Stick around!

EveryDollar: Budgeting with the Baby Steps

Alright, folks, let’s keep this budgeting party going with our next app, EveryDollar. Developed by Ramsey Solutions, this one’s for all you Dave Ramsey fans out there who want to follow his “Baby Steps” to financial freedom.

Here’s why you might want to consider EveryDollar:

  1. Easy Budget Setup – EveryDollar makes setting up a budget a breeze. You can quickly create a monthly budget and start tracking expenses in just a few minutes.
EveryDollar - Easy Budget Setup
  1. Baby Steps Guidance – Are you a follower of Dave Ramsey’s 7 Baby Steps? EveryDollar integrates this financial philosophy directly into the app, guiding you through the steps to pay off debt, save, and build wealth.
EveryDollar - Baby Steps Guidance
  1. Syncs with Your Bank – No need to manually input each transaction. The premium version of EveryDollar, called EveryDollar Plus, automatically syncs with your bank account to import transactions and keep your budget up to date.
EveryDollar - Syncs with Your Bank
  1. Debt Payoff Tracker – Got debt to tackle? EveryDollar has a fantastic debt payoff tracker feature that helps you visualize your progress and stay motivated on your journey to debt freedom.
  2. Spending Tracking – EveryDollar allows you to track your spending in real time. It’s a fantastic way to keep your spending habits in check and stay on course with your financial goals.
EveryDollar - Spending Tracking

Just a heads up – while there is a free version of EveryDollar, to unlock automatic transaction importing and other premium features, you’ll need to subscribe to EveryDollar Plus.

So, if you’re ready to start taking those baby steps to financial freedom, why not give EveryDollar a try?

Stay with us folks, we still have the last app on our list to cover – Personal Capital. Let’s dive right in!

Empower Personal Dashboard: Budgeting Meets Investment

Last but not least on our budgeting app adventure is Empower Personal Dashboard. This app isn’t just about budgeting; it’s all about giving you a comprehensive view of your entire financial life, including investments. If you’re looking for a budgeting tool that also helps you keep tabs on your wealth-building journey, Personal Capital might be just the ticket.

Here’s what Personal Capital brings to the table:

  1. Cash Flow Analysis – Personal Capital tracks your income and expenses, providing a clear view of your cash flow. Knowing exactly where your money is coming from and going to? That’s budgeting made easy.
Empower Personal Dashboard - Budgeting
  1. Investment Checkup – Here’s where Personal Capital really shines. The app analyzes your investment accounts, assessing your allocation, performance, and fees. It’s like having a personal investment advisor in your pocket!
  2. Retirement Planner – Planning for your golden years? Personal Capital’s Retirement Planner uses your real data and Monte Carlo simulations to forecast your financial future.
  3. Net Worth Calculator – Your net worth is your financial health check. Personal Capital tracks your net worth over time, helping you see the big picture of your financial growth.
  4. Education Planner – Got kids? The Education Planner can help you forecast the cost of college and plan accordingly.

While the budgeting features aren’t as robust as some other apps on this list, Personal Capital’s strength lies in its comprehensive financial tracking and investment tools. Do note that there’s a management fee for their advisory service, but the financial tracking tools are free to use.

So, if you’re ready to take a holistic approach to managing your finances, Personal Capital could be the app for you.

Well, folks, that wraps up our comprehensive review of the best budgeting apps. We hope you found this helpful in choosing the right tool to help manage your personal finances. Remember, the best budgeting app is the one that you’ll use regularly and that fits your personal financial needs. Happy budgeting!

Toshl Finance: Make Budgeting Fun

Just when you thought we were done, we’ve got a surprise addition for you. Meet Toshl Finance, an app that brings a little fun and personality to the sometimes dry world of budgeting. With its friendly monsters and intuitive interface, Toshl Finance can make managing your money feel less like a chore and more like a game.

Let’s take a closer look at why Toshl Finance might bring a smile to your face:

  1. User-Friendly Interface – Toshl Finance is known for its clear, intuitive design. With easy-to-understand graphs and a clean layout, you can get a quick overview of your financial situation in seconds.
Toshl - User-Friendly Interface
  1. Fun and Engaging – The app includes entertaining elements like their signature monsters and amusing category icons. Who said budgeting couldn’t be fun?
  2. Multiple Currencies – Frequent traveler or dealing with multiple currencies? No problem. Toshl Finance supports over 200 currencies, including Bitcoin.
  3. Expense Tracking – Just like the other apps we’ve reviewed, Toshl Finance helps you track your income and expenses, breaking them down into categories for easy analysis.
Toshl - Expense Tracking
  1. Bill Reminders – Never miss a payment again with Toshl’s bill reminders. The app will notify you of upcoming bills, helping you avoid late fees and keep your credit score healthy.
  2. Financial Goals – Whether you’re saving for a new car or trying to pay off debt, Toshl Finance lets you set financial goals and track your progress towards them.
Toshl - Financial Goals

Toshl Finance does offer a free version, but for more advanced features like unlimited budgets and accounts, you’ll need to upgrade to Toshl Pro or Medici. Despite this, its engaging approach to budgeting and clean design could make it a solid contender for your go-to budgeting app.

So, if you’re looking for a budgeting tool that’s a little less spreadsheet and a little more fun, why not give Toshl Finance a try?

That’s all, folks! With all these great budgeting apps at your fingertips, you’re well on your way to gaining control over your finances. Happy budgeting!

Wally: A 360-Degree View of Your Money

And here we are with one more addition to our list of top budgeting apps – say hello to Wally. If you’re after a 360-degree view of your finances, this app is one to watch. Wally offers a wide range of features designed to help you manage your money more effectively.

Here’s why you might want to check out Wally:

  1. Comprehensive Money Management – Wally offers a range of features, including budgeting, expense tracking, and financial planning. It’s designed to give you a complete overview of your financial situation.
Wally - Comprehensive Money Management
  1. Easy Expense Tracking – With Wally, you can track your daily expenses with ease. Just snap a photo of your receipts, and the app will automatically log your expenses.
Wally - Easy Expense Tracking
  1. Foreign Currency Support – If you often deal with foreign currencies, you’re in luck. Wally supports virtually all foreign currencies, making it easy to track your spending no matter where you are.
Wally - Banks Support
  1. Financial Calendar – Wally features a financial calendar that shows you when bills are due, when you’ve reached budgeting milestones, and other important financial dates. It’s a great tool to keep your financial life organized.
Wally - Financial calendar
  1. Family and Group Features – If you’re managing household finances or organizing group expenses, Wally has got you covered. The app allows you to track shared expenses, making it easy to split costs and keep everyone in the loop.

While Wally offers a free version, some of the more advanced features require a Wally Gold subscription. Despite this, its comprehensive features and easy-to-use interface make it a great option for anyone looking to take control of their finances.

So, if you’re looking for an app that offers a comprehensive view of your finances, why not take Wally for a spin?

That’s it, folks! We’ve covered the best budgeting apps, each with its own strengths and specialties. We hope this guide helps you find the right tool to manage your money and meet your financial goals. Happy budgeting!

Albert: Your Financial Genius

We’re rounding up our list of best budgeting apps with a bang. Say hello to Albert, your new financial genius. Albert combines the power of automation with human guidance to give you a personal finance solution like no other.

Here’s what makes Albert stand out:

  1. Albert Genius – Albert offers a service called Albert Genius where real human advisors can answer your financial questions and give you personalized advice. It’s like having a financial advisor in your pocket!
Albert - Genius
  1. Automated Savings – Albert’s Savings feature automatically sets aside a portion of your income into your savings account. It analyzes your income and spending to find the perfect amount that won’t put you in a pinch.
Albert - Automated Savings
  1. Overspending Alerts – Albert helps you keep your spending in check by sending you alerts if you’re about to overspend. This can be a lifesaver when you’re trying to stick to a budget.
  2. Subscription Analysis – Got too many subscriptions to track? Albert’s got your back. It analyses your spending and alerts you about recurring payments, so you can decide if you’re still getting value from them.
Albert - Spending Analysis
  1. Instant Cash Advances – If you’re in a pinch and need cash quickly, Albert can give you a cash advance. No interest, no credit check, and you can pay it back when your next paycheck arrives.
Albert - Cash
  1. Investing Made Simple – Albert also offers an automated investing platform that helps you invest your money in a diversified portfolio, adjusted to your risk level.
Albert - Investing

Albert does require a subscription to access all its features, but the wealth of services it offers makes it a worthy contender. If you’re looking for a comprehensive financial tool that combines budgeting, saving, and investing with personalized advice, Albert could be your perfect match.

There you have it, folks! We’ve explored the top budgeting apps, each with their unique features and benefits. Remember, the key to effective budgeting is finding an app that you feel comfortable using and that suits your personal financial situation. So, why wait? Start exploring these apps today, and here’s to achieving your financial goals. Happy budgeting!

Zeta: Budgeting for Couples

To finish off our list with a bit of romance, we’re introducing you to Zeta, a budgeting app specially designed for couples. Managing money can be a challenge in a relationship, but Zeta makes it easier by providing tools specifically designed for two.

Let’s see what makes Zeta the perfect third wheel in your financial life:

  1. Joint or Separate – With Zeta, you can choose to manage your finances jointly or separately, or even a mix of both. It’s all about what works best for you and your partner.
Zeta - Joint budgeting
  1. Shared Expenses Tracking – This feature makes splitting costs a breeze. You can split transactions right down the middle, or customize the split based on what feels fair to both of you.
  2. Joint Budgeting – Create joint budgets and set shared financial goals. This way, you and your partner can work towards your financial dreams together.
  3. Bills and Subscriptions Reminder – Never miss a shared bill or subscription payment with Zeta’s reminders. It keeps both of you in the loop so that you can avoid late fees and maintain a healthy credit score.
  4. Financial Calendar – Zeta features a shared financial calendar, so you can see upcoming bills, paydays, and other financial events at a glance.
Zeta - Financial calendar
  1. Memo Feature – Leave notes or comments on transactions to give your partner context or just a simple heads-up.
  2. Financial Insights – Zeta provides insights and reports on your combined spending, savings, and budgets, helping you make more informed financial decisions together.
Zeta - Financial insights

Zeta is free to use, making it a budget-friendly option for budgeting (see what we did there?). If you and your partner are looking for a better way to manage your joint finances, why not give Zeta a shot?

And that’s a wrap! With our curated list of the best budgeting apps, you’ve got all the tools you need to master your finances, whether you’re flying solo or managing money with a partner. Remember, the best app is the one that fits your lifestyle and helps you reach your financial goals. So dive in, explore these options, and start your journey towards financial wellness. Happy budgeting!

Comparing the Best Budgeting Apps: Which One is Right for You?

Phew! That’s quite a list we’ve gone through, isn’t it? Now, with all these fantastic options, you might be wondering, “Which one is the best fit for me?” Well, that’s what we’re about to figure out in this section. Let’s do a side-by-side comparison to help you make an informed decision.

Remember, the ‘best’ app is subjective, depending on what features are most important to you. Let’s take a look:

Budgeting AppBest ForUnique FeaturesPrice
Rocket MoneyCustomizable budgetingSliding scale of pricing, expansive servicesStarts at Free, Premium options available
YNABZero-based budgetingGoal tracking, reports on income and expenses$11.99/month or $84/year
SimplifiSimplified budgetingSavings goals, watchlists for monitoring spending$2.99/month or $35.99/year
PocketGuardFinding savings“In My Pocket” feature for spending moneyStarts at Free, Premium options available
GoodbudgetEnvelope budgetingEnvelope budgeting, syncing across multiple devicesStarts at Free, Premium for $6/month or $50/year
EveryDollarDave Ramsey methodBaby steps, financial planningFree, Plus version at $129.99/year
Empower Personal DashboardInvestment trackingRetirement planner, investment checkupFree, Wealth Management Services vary
Toshl FinanceFun and simple budgetingFinancial “monsters,” fun visualsStarts at Free, Premium for $4.99/month or $39.99/year
WallyComprehensive view of financesForeign currency support, financial calendarStarts at Free, Gold options available
AlbertPersonalized financial adviceAlbert Genius, automated savingsStarts at Free, Genius for $4/month
ZetaCouples budgetingShared expenses tracking, joint budgetingFree

Now, remember this table is only a brief overview. Each of these apps has its own range of offerings that could be a game-changer for your financial situation.

So, here’s our advice – consider what features you need the most. Do you need investment tracking or are you focused solely on budgeting? Do you prefer a fun and quirky interface, or do you need something straightforward and professional? And most importantly, does the app fit within your own budget?

Once you have these answers, you’ll be well on your way to choosing the right budgeting app for you. Remember, these apps are tools designed to help you achieve your financial goals, but the real magic lies in your commitment to a budgeting routine.

Conclusion

Wow, we’ve really gone on a journey, haven’t we? We’ve seen how they can transform the way you handle your finances, making it easier, more intuitive, and maybe even a bit fun!

So, what are the key takeaways from our financial app exploration?

  1. There’s a budgeting app for everyone – Whether you’re a hands-on budgeter or prefer to have things automated, there’s an app out there tailored to your needs.
  2. Price doesn’t necessarily determine quality – Many of the apps we’ve discussed offer robust features even in their free versions. Premium features may be worth it for some, but remember, you don’t necessarily have to shell out cash to get great budgeting help.
  3. Consider your financial goals – Looking to invest? Need help with saving? Trying to cut down on expenses? Keep your financial objectives in mind when choosing a budgeting app.
  4. Keep an eye on user experience – You’re more likely to stick with a budgeting routine if the app is user-friendly. Plus, having a visually pleasing interface never hurts!
  5. Security is key – All the apps we’ve covered offer high-level security to keep your personal information safe. But remember, always do your own due diligence to ensure you’re comfortable with the security measures in place.

With our in-depth exploration of the best budgeting apps, you’re all set to pick the one that fits your lifestyle and goals the best. And remember, a tool is only as good as the person using it. Make the most of these apps, but don’t forget to put in the work and discipline required to manage your finances effectively.

Happy budgeting, everyone!