There are many different apps for managing your finances, but one of the most popular is Mint. With over 700,000 reviews, it has nearly 200,000 high scores on Google’s Play Store and an almost perfect five-star rating in Apple’s App Store. If you need help managing your finances, Mint is one of the best budgeting app to use and most widely used budgeting apps on the market. Here are some of the features that make this app a top choice for budgeting.
First of all, budgeting is not about being tied down to a fixed plan; it’s about having a flexible plan for spending your money. Budgeting apps track your expenses and will help you determine how much you can afford to spend each month. And because these budgeting apps are completely customizable, they can accommodate all of your spending needs. This is why they’re so popular. You can make your budget based on the different categories you have, including fixed expenses, such as mortgage, utilities, and loans.
Good budget – This app is a must-have for those who use the cash envelope method. It has the same features as the other apps but also has some limitations when it comes to syncing your bank account. It also comes with an extensive feature set and is compatible with Amazon Alexa. While it costs more than free alternatives, Good budget is well worth the money. It excels at the cash envelope system, which is a popular debt-free method promoted by Dave Ramsey. Good budget also offers features that Every Dollar doesn’t, including the ability to roll over unused cash to the next month. It also makes it very easy to share your budget with your significant other.
Empower – The best personal finance app, Empower offers a feature that lets you customize categories and set weekly and monthly spending limits. Its dashboard makes it easy to track your spending habits and save money when you need it most. It also provides a monthly report that shows where your money is going and how much you have left over. It’s easy to cancel subscriptions. You can even choose to automate the saving process.
Wally – Another popular budgeting app, Wally synchronizes with your bank account and pulls in data automatically. It eliminates the need for tedious data entry. However, you’ll need to connect multiple financial accounts with the app. The downside to Wally is that it is more difficult to use than the other budgeting apps. For this reason, it is not the best option for all budgeters. So, if you are not interested in using an app, try Simplify by Quicken instead.
Simplify – This app comes highly recommended by Wire cutter. It has many benefits, including a personalized spending plan, watch lists, savings goals, and ad-free experience. It also has privacy regulations and live customer support. And it lets you set a limit for yourself and receive notifications when you’re near or over that limit. This makes it the best budgeting app for busy people on the go.