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Best Budget Apps – The Best Apps For Creating And Maintaining Budgets

Best Budget Apps – The Best Apps For Creating And Maintaining Budgets

The best budget apps will help you save money, avoid late fees, avoid overdraft fees, and budget for upcoming bills. You may turn your Android or iPhone into your own personal finance adviser if you wish. You will be able to keep your finances in order with the apps that are listed below. I have found the best budget apps that are currently on the market.

I know the title says “Best budget apps,” but take note that they are the best in our opinion. If we have missed one out that you feel is superior, then let us know in the comments. Also, we tried all of these apps and we liked them, but we are not vouching for them. In other words, you need to do your own research and think hard before you give any app your financial information.

Mint App

Mint app screenshot

It is no surprise that the Mint App appeared on our best budget apps since is it one of the most popular budgeting apps on the market. It is popular because the developers had a lot of money to create this app, and because the app was intelligently marketed and had a hefty marketing budget.

The best budget app is called Mint, and it can create budgets based on your spending and suggestions. The Mint app is free to use, it appears to be safe to use since many people have used it without incident so far. The company claims it will keep your information secure, and your Mint account is fairly simple to set up.

With the Mint app, you are able to find out what your credit score is, and it will give you tips on how to improve it. When using the Mint app, you are able to pay bills and track your payments online. You may do all of this with just the click of a button. With Mint alerts, you won’t have to deal with late fees, and you will be able to see all your money and bills in one place on your app. Your payments will be noted, recorded, and updated quickly, and you are sent alerts when a bill is due to be paid. You can even have a schedule created for the bills and payments you seem to frequently forget.

The Mint budget app comes from the creators of TurboTax, which is a company that is trusted with the most sensitive data around. Just like with TurboTax, all your data will be encrypted, but as I mentioned in the introduction, we are not vouching for these companies, so you need to do your own research and use your best judgment before you hand over your financial information to a company.

I talk about TurboTax in this great article about different types of tax software. I also touch upon the nutty way that the US tax rules apply and how getting your tax return wrong is almost inevitable.

PocketGuard Budget App

PocketGuard app screenshot

The PocketGuard Budget app allows you to see a snapshot of your current financial standing. It is a popular budgeting app with numerous automated features, which is why it appears on our best budget apps article. It allows you to link to your financial accounts so that you may see your balances in one place. The app is able to create a simple budget automatically, and is able to suggest ways in which you may save money and/or improve your financial health.

PocketGuard Budget App is like having a wallet in you pocket, except that your wallet shows your current balance within your financial accounts. The app is laid out in a way that makes it look fun and light. The app looks that way intentionally, as its design decisions were made in order to make your finances appear more interesting.

PocketGuard may help you lower you spending and track all your payments. The app is very easy to use, and it easily allows you to see a snapshot of your current financial situation. It is free to use only in Canada and America, but the developers said they are trying to make the app freely available internationally.

PocketGuard Budget App uses the same encryption as major financial institutions, which is the 128-bit SSL. The security that PocketGuard uses is quite tight, and that extends to your user security. For example, it has password and pin access, which means it is more difficult for people to gain access to your financial information via your own negligence. Even if your phone is stolen or lost, a stranger will not be able to use your phone to gain access to the app and/or its information.

There is also a function called “In My Pocket,” and its job is to tell you how much spending money you have. It is a safe-to-spend budget for spending that you consider to be non-essential. The PocketGuard app considers all subscriptions and bills to be essential spending, and anything else is non-essential. The “In My Pocket” function guesses at how much spare money you have based on your regular income and outgoings.

With that in mind, it lets you know how much it thinks you can spend. This means that even if you have a positive balance in your checking account, your PocketGuard Pocket may show a negative or nil balance. The “In My Pocket” function is a nice feature that you can take advantage of if you learn how it works. It isn’t complicated, but it is not intuitive either, so it pays to take a little time to figure out how it works.

You Need A Budget App (YNAB)

YNAB screenshot image Budget Personal Finance

YNAB, or “You Need A Budget” is another app that help you control and monitor your budget and bills better. The YNAB app will help you set up a budget so that you do not have to live paycheck-to-paycheck due to your own fiduciary misconduct, irresponsibility or absent mindedness.

You get 34 days free trial when using YNAB. On the website and with an account, you are given a step-by-step guide on how to set up your account. The guide only takes around five minutes to explain how it all works.

When you sign up with “You Need A Budget,” you gain access to its backup planning tools. As they explain on the website, it helps you create a backup plan for unexpected incidents such as if your dog needs to go to the vets, if your tooth cracks, or anything else where the situation demands that you spend more than your typical budget allows.

“You Need A Budget” will make it possible for you to start saving again by firstly helping you to get your finances in order once and for all. The app allows you to sync your app with your bank accounts so that you may see your account balances in one place. It gives you real-time access to your financial situation, it has tools that help you pay down debt, and your may set and track your goals with this app. The app also has a reporting function that visually shows you how well you have done, and how much progress you have made.


GoodBudget logo and cover image

GoodBudget is an app that may help you manage your finances using a method called the envelope method. The GoodBudget app works for Android phones and iPhones, it is a free app, but if you want more features and functions out of the app, then you have the option to pay $15 for three months or you may pay $24 for six months of a pro subscription. GoodBudget is easy to sign up for, and it allows you to keep a track of your budget while you are on the go. It allows you to remain up-to-date with your bills.

GoodBudget was formally called “Easy Envelop Budget Aid” or “EEBA.” It works as an expense tracker and a money manager that people use for home budgeting and budget planning. It works on envelope principle that some people still use, such as putting money into an envelope labeled water for your water bill, and an envelope labeled “Gas” for your gas expenses, and so forth. It is a proactive budget planner that has real-time time tracking and may be synced across different devices.

Envelope system with GoodBudget

Just like with all apps, you shouldn’t believe every bit of blurb you read about it. Many apps have a habit of showing which people and companies have recommended them, but such selling points are meaningless without context. There are envelopes for your bills, for your current goals, annual goals, and you may set up scheduled transactions and scheduled envelope fills.

You may search for transactions, set simple transfers, and split expense transactions. You may add income, choose budget periods that match real life, edit accounts and add accounts. With the free version, you get 10 envelopes, 10 annual envelopes, and one account that works on two devices. With the paid version, you get unlimited regular and annual envelopes, you may use the software on five devices, you get to see five years of your software-use history, and you get email support too.

HomeBudget App

HomeBudget screenshot

HomeBudget has many features that make the app worth of its place on our best budget apps article, such as the tracking feature helps track your expenses, track bills that are due, track your income, and your track account balances. The layout and the way the HomeBudget app works is a little conventional. It has the sort of look that an accountant would love, but that a regular user may find a little clinical and a bit too “numbery.”

With the HomeBudget app, you may use their sync function that allows you to synchronize your HomeBudget Android, iPhone, Windows or Mac. Another feature is Family Sync, which allows you to sync from a collection of devices in your home (e.g. iPhone, iPad and Android), and have them work together with a single budget.

The HomeBudget app will cost you money, but if you want to give it a try before buying, then you may go onto the HomeBudget web page to try it for free. The HomeBudget app allows you to check your checking accounts, credit card accounts, or savings accounts. It will identify your income and allow you to view your transactions. This app will back up/restore your financial details, which also includes your receipts. The HomeBudget app has password protection, so only you and the people you trust can assess the account.

The Apple version is rather more expensive than the Android version of HomeBudget, which is odd because the iOS version has more bugs than the Android version. The HomeBudget app deserves its place on our best budget apps article, but you should try it before you buy it. You should try it because it may not be worth the money for you specifically, and it may not work on your device, so it is best to try their lite version or their trial version first.

The Wally Budget App

Wally app promotional image

The Wally Budget app is a free budgeting app that deserves its place on user best budget apps list because it is of a high quality, it is free, and it is cleverly put together. The biggest problem with the Wally app is how it markets itself because it trusts and relies on people actually reading the content they place on their website, and most people are skim readers when they are on the Internet.

The Wally Budget app allows you to track how much you spend, which includes how much you spend on things such as business trips. Make bill payments and receive notifications when the bills are due. Using the Wally app is free. Instead of having to log your receipts manually, all you need to do is take a photo of it your receipt and the Wally App will do the rest. It is available for both iPhone and Android phones. Wally will work with your bank balances, your income and your spending, and will help you achieve your financial goals.

If you are looking to cut expenses and monitor your spending more closely, then the Wally app is one of the best budget apps for you. It is odd to see a budgeting app that is so unmotivated by money or a quick profit, which is why the website is a little too wordy, and why a user needs to use the manual in order to fully understand how to use all of Wally’s functions and settings. The fact that the developers are not motivated by quick money means that their efforts to sell the idea of Wally are a little lackluster.

The biggest downside to Wally is the fact that you have to maintain some of your information manually. This is because the Wally app does not link to your bank accounts. However, since the app doesn’t link to your bank accounts, it means you do not have to worry too much about security because there is not a great deal a hacker may learn or gain from hacking your Wally account. Another downside is that you will probably have to read the manual on how to use the app because it is not as user-friendly as it should be.

The Wally app allows you to assignment recurring expenses and income, and there is a section where you may review your spending habits. You may export your data via CSV spreadsheet files, it is available on the iPhone and Android, and you may take photographs of your receipts in order to store them.

Spendee App

Spendee app screenshot of home page

The Spendee App will help you get your spending under control. There is a lite version that you may use for free, or you may pay for the premium version of the app. Connect your Spendee App to your online bank account so that you may see your transactions via your phone. You may also see your transactions categorized in your budget automatically.

The app is simple to use. If you need to pay a friend or a family member, then all you need is their email address to do this. The app is able to see your good and bad spending habits, and you may see an overview of your spending thought out the month. The Spendee app will connect with all your bank accounts. This app will send you reminders by notifications so you will never forget to pay a bill. Plus, you are able to make personal wallets for your various spending goals. Spendee allows you to set saving goals and then show you how much you need to put into your savings budget each week or month to achieve your goal.

The Spendee App is not on our best budget apps article because it is intuitive. Their website says that their current version is their most intuitive to date, but that was not the case for our researchers and/or for myself. However, that is not to say that the app isn’t user friendly. It doesn’t feel like the sort of thing an accountant would love, it is very deeply grounded in the traditions of modern apps, but that doesn’t make it intuitive. For example, take a look at the image below.

Spendee app screenshot on mobile device

You can see how it is user-friendly because it is nicely laid out, it makes good use of white space, and it uses graphics and images that most mobile device users feel comfortable with. However, there are elements within each section of the app that require explanation. You want to know what each number means, what each icon means, and how they are lumped together. For example, the number at the top right of $993, what does that mean? The house symbol probably means mortgage or rent, but does it also include house insurance, water bills, taxes? The app is certainly user friendly, but it is not as intuitive as the developers suggest.

Runners Up

If you have had a little look through our list of best budget apps and you are not in love with one or more of the apps listed, then maybe consider one of the apps listed below.


BUDGT App is money-saving app for iPhone, it is easy to set up, and simplifies saving so much that you will wonder how you ever went without it. The app will help you with your long-term goals, and it is not viciously expensive to buy. There is no subscription to buy. You set up your saving goal, and it sends you reminders for when you are supposed to send a payment to your saving account. It also helps you manage when and how often you pay your bills.

Albert Budget App

Albert Budget app is a simple app you may use for your budgets your for your finances. It will help you make smarter decisions by using your financial data. The Albert Budget app markets itself as a financial health app. It seems to try a little too hard when it comes to selling financial products to you, which is a shame because we may have ranked it as one of the best budget apps if not. The Albert Budget app is free for iPhones and will be soon available on Android phones.

Conclusion – You Bought A Spade, You Mean To Dig, But You Never Make A Hole

The whole idea of getting a budgeting app is often fun and a bit of a novelty because it reassures you that you are finally going to start running your finances correctly. However, this is rarely the case. Most people bring a spade, but they do no digging. If you download and use a budgeting app, then the mere use of the app will help steer you in the right direction.

Even if you are entering information into it every day, and even if it keeps showing that you are going over your budget, actually using the app will still do you some good. Even if the budgeting app changes nothing about the way you spend or handle your finances, there is still a positive side to regularly and religiously using your budgeting apps and reviewing your budget. The positive side is that it keeps you aware of how you are handling your money.

It is a little like losing weight. A person who is overweight is hardly likely to fill his or her house with mirrors because he or she has a poor body image. He or she is not happy with what he or she sees in the mirror. Using a budgeting app and using it on a regular/routine basis is just like having a house full of mirrors. It forces you to put your spending and your finances to the top of your mind, which means you are more likely to start changing your ways. A budgeting app will not fix your financial problems, but if you force yourself to use the app on a daily basis, then you are more likely to address your financial problems because they become more difficult to ignore.

About The Author

Ash The Great

After a varied career in different industries from the hospitality industry to the financial consultancy industry, Ash now spends his days working as a professional writer.

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