While there are a ton of budgeting apps on the market, MoneyPatrol may be the best one for you. This app analyzes your spending history over time to create a budget that is personalized just for you. It also sends you alerts about spending trends or rising bills. You can set up automatic payments to avoid incurring late fees, but they can get expensive. The downside is that it’s more complicated than other budgeting apps.
If you have a lot of bills to pay and you want to save more money, consider getting a paid budgeting app. Some budgeting apps offer free trials, which might motivate you to use the app more often. But you can always opt for a free version to get a feel for the app. Select examined over a dozen budgeting apps to determine which ones offer the best features, user reviews, and ratings. The following are our recommendations for the best budgeting apps.
Mint – A free version of this money management app is available for Mac and PC users. This app enables you to manage your finances by letting you view all of your spending and investments in one place. It will alert you to bills due, when you’re close to going over budget, and when you have money left over. If you’d rather use a paid app, we recommend Personal Capital. Personal Capital is an excellent financial management tool. Mint is free, but you’ll need a $100 bank account to get started.
YNAB – While YNAB isn’t really a budgeting app, it’s more a best personal finance app it is still a great option. It allows you to see your spending in real time and lets you set goals. It even syncs with your investment accounts and checking accounts. And because it uses its own algorithm, YNAB helps you identify overspending and recommends budgeting solutions based on your needs and goals. However, this budgeting app is only suitable for those who have a zero-based budget. It costs $84 per year.
Mvelopes – Another budgeting app sthat you can use is Mvelopes. It has a wealth of features, including the ability to connect unlimited financial accounts. With this tool, you can track your balances side by side with your budget. Moreover, you can split individual transactions into groups and assign them to different categories. The free version allows you to use the app for 60 days, and the premium version costs $9.95 a month.
Mint –It is another best budgeting app that is free to download and is designed to help you reach all of your financial goals. Mint also allows you to track your expenses in one place and send reminders when funds are low. Its budget tracker helps you create a realistic budget by categorizing your income, expenses, savings goals, investments, and net worth. All of this information is available on one screen. It’s also very easy to use, and it provides you with real-time updates.
