Best 10 Budgeting Apps to Manage Your Money

Managing your finances can be tough, especially if you're living on a tight budget. Fortunately, there are plenty of budgeting apps available to help you keep track of your money and stay on top of your financial goals. In this post, we'll be breaking down the top five free and top five paid budgeting apps available in Canada and the USA, giving you a detailed look at what each app has to offer.

Top Five Free Budgeting Apps:

No. 1: Mint.

Mint is one of the most popular free budgeting apps available, and for good reason. It offers a variety of features to help you track your spending, create a budget, and stay on top of your bills. You can also link all of your bank accounts and credit cards to the app for a comprehensive view of your finances. Mint is available for both iOS and Android.

No. 2: Personal Capital.

Personal Capital (not available in Canada) is a free budgeting app that offers a variety of features to help you manage your money and track your investments. It also provides retirement planning tools and investment management services for a fee. The app is available for both iOS and Android.

No 3: Goodbudget

GoodBudget is a free budgeting app that uses the envelope system to help you manage your money. It allows you to set up virtual envelopes for various expenses, such as groceries, entertainment, and transportation. You can then allocate funds to each envelope and track your spending in real-time. Goodbudget is available for both iOS and Android.

No. 4: PocketGuard

PocketGuard is a free budgeting app that helps you keep track of your expenses and create a budget. It allows you to link your bank accounts and credit cards to the app for a comprehensive view of your finances. PocketGuard also offers personalized insights and alerts to help you save money. The app is available for both iOS and Android.

No. 5: Clarity Money

Clarity Money (not available in Canada) is a free budgeting app that offers a variety of features to help you manage your money. It provides a dashboard view of your finances, tracks your spending, and offers personalized recommendations for financial products, such as credit cards and loans. Clarity Money is available for both iOS and Android.

Top Five Paid Budgeting Apps:

No. 1: You Need a Budget (YNAB)

YNAB is a popular budgeting app that helps you create a budget and stick to it. It uses the envelope system to help you allocate funds to various expenses and track your spending in real-time. YNAB costs $11.99 per month and is available for both iOS and Android.

No. 2: EveryDollar

EveryDollar is a budgeting app created by financial expert Dave Ramsey. It allows you to create a budget and track your spending in real-time. The app also offers a variety of financial planning tools and resources, such as debt payoff calculators and retirement planning guides. Free plan available otherwise EveryDollar costs $99 per year and is available for both iOS and Android.

No. 3: Mvelopes

Mvelopes is a budgeting app that uses the envelope system to help you man age your money. It allows you to set up virtual envelopes for various expenses, such as groceries, entertainment, and transportation. Mvelopes also tracks your spending in real-time and offers financial coaching services for a fee. Mvelopes costs $6 per month for the Basic plan, $9.95 per month for the Plus plan, and $19 per month for the Complete plan. The app is available for both iOS and Android.

No. 4: PocketSmith

PocketSmith is a budgeting app that offers a variety of features to help you manage your money. It allows you to create a budget and track your spending in real-time. The app also offers forecasting tools to help you plan for the future and manage your investments. PocketSmith costs $9.95 per month for the Basic plan, $19.95 per month for the Premium plan, and $39.95 per month for the Super plan. The app is available for both iOS and Android.

No. 5: Quicken

Quicken is a budgeting app that offers a variety of features to help you manage your money. It allows you to track your spending, create a budget, and manage your investments. Quicken also provides tax planning tools and personalized investment advice for a fee. Quicken costs $34.99 per year for the Starter plan, $49.99 per year for the Deluxe plan, and $79.99 per year for the Premier plan. The app is available for both iOS and Android.

Managing your money is an important aspect of daily life, and budgeting apps can make it a lot easier. Whether you're looking for a free or paid option, there are plenty of budgeting apps available to help you manage your finances. From tracking your spending to creating a budget, each app has its unique features and benefits. By finding the right budgeting app for you, you can take control of your finances and work towards your financial goals.

XO Samantha

Creator, The Budget Book