Managing money can be tricky, especially today. We’re bombarded with advertisements on social media that are targeted just for us and with online shopping, spending money has never been easier! Thankfully there are a number of apps that can help you reign in your spending and get your finances back on track. Take the guesswork out of your finances and start budgeting like a pro with these top budgeting apps.
Mint is one of the most popular budgeting apps, and for good reason. It’s owned by the same company that makes Quickbooks and TurboTax, and offers a variety of features to help you track and manage your money. It’s most useful features are the budget tools. After linking your credit and debit cards to Mint, it automatically categorizes transactions and tracks them against your budget. It will also alert you as you approach your budget and will let you know if you go over budget. Mint also lets you know when your bills are due and how much you owe. The Mint app is an all-in-one budgeting tool that can give you an overall look at your cash flow so you have a better idea of where your money is going. Mint is available on Apple and Android.
Special features: Displays your real-time credit score.
As its name would suggest, PocketGuard can help protect you from over spending. PocketGuard is an app that links to all of your financial accounts to help you track your spending. It’s both easy to use and easy to set up, plus it tracks your monthly income, expenses, bills, and savings.
Special features: PocketGuard tracks your recurring bills from phone, TV and Internet companies, for example, to help you find a better deal. Not only does PocketGuard help you stick to your budget, it actually helps you lower your spending! Pocketguard is available on Apple and Android.
You Need a Budget (also known as YNAB by the app’s devoted fans) takes a unique approach to budgeting. Instead of relying on traditional budgeting buckets, YNAB helps build your budget based on your income by giving every dollar a “job” in your budget. These jobs could include everything from living expenses to investments to debt payments and savings. By leaving no dollar unaccounted for, you’re forced to think about every purchase you make. YNAB can help you stop living paycheck to paycheck, pay off your debt, and build up your savings. You need a budget is available on Apple and Android.
Special features: YNAB allows you to set up budgets for individual projects or goals, like “Christmas gifts.”
Wally isn’t as easy to navigate as the other apps we’ve listed, but it is great for budgeting. It’s free and available for both iPhone and Android users. Wally can help you track your income and expenses while helping you avoid overspending. One major benefit of Wally is that it supports almost every foreign currency.