The 6 Best Budgeting Apps to Help You Manage Your Money

The best money management apps make it simple to track your finances and help you achieve your financial objectives for a low or free price. Many people have different preferences when it comes to creating a budget Ipass Website’. For example, some like to look at the big picture, while others prefer to break things down into smaller chunks.

There is no one-size-fits-all software for budgeting; thus, the optimal budgeting app for your lifestyle will depend on your unique financial priorities. To help you narrow down your options, we’ve listed some of the finest financial apps based on the following characteristics.

Apps for every budget

Apps that concentrate on saving money or investing were included in our comparison of 13 money management apps. The following is a ranking of the top budgeting tools based on the features, unique characteristics, user feedback, and total price.


  • Useful in the context of
  • Investing in Acorns costs $1 per month for the Basic version, $2 per month for the Plus version, and $3 per month for the Premium version (Acorns Invest, Acorns Later, and Acorns Spend)
  • Acorns’ best benefit for college students and recent grads is that it doesn’t need a significant initial contribution.

You may save money by micro-investing with Acorns, an essential savings software. With Acorns Invest’s entry-level membership tier, credit/debit purchases may be rounded up to the nearest dollar. Acorns automatically invest your spare change after reaching a minimum of $5. Recurring contributions are another option.

Acorns Plus subscriptions are an alternative if you want to save money both now and in the future. Additionally, it offers an Acorns Invest retirement savings account for an additional one dollar a month. Acorns have a Premium edition that includes a checking account for $3 a month if you want your banking, savings, and investments all functioning together.

Beginner-level investors may use the money app to develop their funds without requiring a large initial payment. Automated portfolio rebalancing keeps you on track with your investment objectives while also simplifying the process of investing. Acorns’ ability to invest little money at a cheap cost has made it a budgeting tool, despite the lack of income and spending monitoring.


  • Envelope-based budgeting
  • Goodbudget Plus costs $7 a month or $60 a year; the basic version is free.
  • It helps students practice budgeting for particular areas like textbooks.

Traditional envelope budgeting, where you establish spending categories and allot a percentage of your money to each bucket, is transformed into a digital experience with Goodbudget. These categories also contain leisure spending areas such as eating out and shopping. Stop making purchases once you’ve used up all your money in one area. If you’re short on finances, you may reassign part of your money from another area.

The Goodbudget app’s simple design makes it easy to see how much of each budget you’ve spent and when you’re about to go over your spending limit. Goodbudget’s most helpful feature is the ability for several family members to contribute to a single household budget. Couples or roommates who share a budget may find this helpful in keeping their financial objectives in sync.

There is a drawback to using this budget tool since you must manually input your income and expenses. This means you will have to keep track of how much money you have and how much you spend each month. Goodbudget’s free membership may still meet your needs if you are already a devoted budgeter, don’t need more than 20 digital envelopes, and only share your budget with one other person.


  • Best for: Budgeting in its entirety.
  • Amount Charged: Null
  • Students and recent grads will like this feature the most: Students’ financial literacy may be improved with the support of in-app lessons and advice.

Intuit’s Mint is a budgeting program that does it all. It allows you to link all of your financial accounts, including checking, savings, and retirement, to keep track of everything from one location. The Mint app enables you to set up and manage separate budgets for various spending categories and automatically gather your financial data to analyze your cash flow and savings.

With Mint, you can see at a glance where your money goes, making it easier to keep track of it. You may set aside money for specific purposes like an emergency fund or a dream trip using the app. Mint may alert you if you’re not making progress toward your objectives or are on the verge of going over your spending limit in a particular area.

For individuals who don’t enjoy receiving in-app ads, the app gives money recommendations and offers for financial goods it believes you’ll benefit from based on your financial data. For individuals just getting started with budgeting, Mint is an excellent budgeting program that offers a wide range of functions for free.

Investing in Yourself

  • For data-driven budgeting, use this method.
  • Amount Charged: Null
  • Students and recent grads will like this feature the most: Students and their families may use the Education Planner to create a variety of financial scenarios to better prepare for college fees.

Personal Capital’s monitoring dashboard may appeal to seasoned investors who wish to keep tabs on their assets and net worth while also keeping an eye on their overall cash flow. To keep track of your investments and retirement savings in real-time, you may connect the app to your existing retirement and investment accounts.

A budget tracker also organizes your connected accounts’ transactions by category and alerts you when you’ve gone over your predetermined limit for any given type. Data-driven, the budget app’s UI provides in-depth statistics and analyses of your expenditures, retirement, and assets.

You may also use the savings goal forecasting capabilities to your advantage. Depending on when a kid will begin school and other factors, the Education Planner may estimate how much money a family will need to put up for college expenses. When students and their families are aware of the likely costs of college education, they are better prepared to save more money, apply for grants and scholarships, or seek out student loans. If you’re thinking of going back to school for a master’s or a professional degree, this might be a valuable tool for you. The tracking dashboard is free, even if Personal Capital’s investment management service costs money.


  • Most OK when used with bank-monitored budgeting.
  • Amount Charged: Null
  • Students and recent grads will like this feature the most: Budgeting is simplified with a free checking account and the Safe-to-Spend app feature.

Budgeters may go all-in with their money management technique through the Simple ecosystem. The budgeting tool replaces your current bank account by creating a new Simple bank account and Visa debit card for you to access. Using the Simple app, you can keep tabs on your daily spending and budget with this debit card.

Simple’s “Safe-to-Spend” feature shows you how much you have leftover to spend each month. Savings objectives and recurrent costs are subtracted from your overall bank account balance by the app. Your “Safe-to-Spend” figure tells you how much money you have left to spend on the things you like.

While the app and bank account are free to use, there are costs associated with requests, such as purchasing a book of checks.


  • Budgeting based on zeros
  • The monthly payment is $11.98, and the annual fee is $84.
  • Students and recent grads will like this feature the most: The YNAB College Program grants free 12-month access to the site to those who can provide documentation of their status as a student.

Zero-based budgeting program YNAB or You Need a Budget requires you to dedicate every dollar in your account to a specific task. The concept behind this budgeting approach is to make you more conscientious about how you spend your money since you are limited to the funds you have available right now.

You may share your budget monitoring with another person and keep track of where your money will prevent overspending. The first 34 days are free; beyond the trial period, the service costs $11.99 a month or $84 annually, whichever comes first. To encourage college students to start budgeting early, YNAB offers a free year of service to anybody who enrolls. For the next year, students will enjoy a 10% discount on their membership.

If you’re trying to pay off debt and stick to a budget, YNAB is a well-known money management tool.

Here are some last pointers as you look for the most OK budget app. Here are some last tips.

  • Think about why you’re using the app and what you want to get out of it.
  • Decide on a budgeting tool within your means.
  • Verify if the app supports your bank accounts.
  • Try out a few free trials of different money management apps to see which one you like. Remember to cancel subscriptions before the trial time expires.

Sharon D. Cole