Knowing where your money goes is necessary part of healthy financial mindset, which is a must have for lasting wealth. Yet you haven’t done this before, it may seem challenging. There's no single right way to budget, so you need to find a method that suits you. These budgeting apps can help you do just that.
| App: | Rankings: | Cost (monthly): | Free version: | Best for: | Cool feature: |
|---|---|---|---|---|---|
 | App store: 4.7 Google Play: 4.2 | Free | Unlimited | Investors | Investments tracking |
 | App store: 4.5 Google Play: 3.4 | Free | Unlimited | Couples | Alerts when your partner comes close to spending limit |
 | App store: 4.5 Google Play: 3.7 | $6.99 | Limited features | Families | Joined accounts |
 | App store: 4.7 | $9.99 | Limited features | People often splitting bills | Splitting bills with friends |
 | App store: 4.6 Google Play: 4.1 | $10 | Limited features | Planning expenses | Envelope budgeting system |
 | App store: 4.2 Google Play: 4.3 | $6 - $12 | Limited features | Budgeting | Bill negotiating system |
 | App store: 4.8 Google Play: 4.6 | $14.99 | 34 days trial | Budgeting | Zero-based budgeting system |
 | App store: 4.8 Google Play: 4.6 | $14.99 | 7 days trial | Financial advisors | Enables advisor to track client’s transactions |
 | App store: 4.7 Google Play: 3.4 | $17.99 | Limited features | Budgeting | Smart tracking recommendations |
Apart from Goodbudget, all apps let you sync your bank accounts.
How to choose budgeting app?
Choosing right budgeting app can be a real game changer for your financial life. If done right it can help you retake control over your own life, build financial freedom, form healthy habits or get out of debt. If you choose wrong tool, you may just get discouraged from the very idea of budgeting.
When considering which app to chose, it’s worth to take few factors into consideration:
Your primary goal. For some the most important factor is to have budgeting system (like zero-based, or envelope budgeting system). For others is to share information with their life partner, or to manage investments. The most important thing is that you need to have app that can help you with your primary goal.
Price. This surely is a factor. There are apps that are completely free, some have free trial period, while most seem to have free account with limited capabilities, that can be upgraded to Pro account with all the features. If you know what exactly you need, you’ll easy decide if free account is enough for you, or if you need paid account.
Features. Apart from your one most important goal, you’ll probably like to take all the secondary features into consideration too. These may include design, notifications, tracking credit score. App security policy can also be taken into account.
Conclusion
Budgeting apps are great tools if you know your financial goals and use the right app to achieve them. Their users regularly report to save thousands of dollars a year by using them. Your results will surely depend on how you’ll use the app on your choice, and especially, how it will influence your real life decisions and behaviors. This should be main criteria to judge the results of using any budgeting app.
best bank statement converter easy to use advanced machine learning algorithms that work with any bank converts in seconds what human would in hours Open account to:
Learn more about
Bank Statement Converter