Budgeting is very important in today’s world because life has become tougher and earning money these days is not really easy. You have to give your 100% to earn some cash. We know that earning money can be hard but still, we spend it on the things that we do not really need. If you are spending your hard-earned money on things that you do not need then it is high time that you start planning a budget. Because if you prepare a budget, you will be able to manage your earnings with your expenses.
Budgeting helps you in creating a list of things that are really important and worth spending money. If you create a budget then you can ensure that you will be out of the debt for your entire life because you are spending not more than your earnings. There was a time when we had to note down our budget on papers but today, we can easily plan our budget by using our mobile phones. There are thousands of budgeting apps that help you in making your budget. We have created a list of best budget apps that you can use on your mobile and laptops and prepare your budget with ease.
Benefits of Using Budget Apps
- Budgeting apps help you in tracking your daily expenses from anywhere. You can easily see details about all your expenses from your mobile phone. These apps keep you in check that you do not over-spend.
- There are many among us who spent a lot of money on items and things that do not even matter. When they do not have money they wonder where the money has gone. The answer is very simple, you have not taken care of your savings and spent all your income. If you use budgeting apps then you can easily do savings.
- Budgeting apps help you in keeping you free of the debt. If you do not plan your budget according to your earnings, we might end up being in the debt. Unnecessary spending can become a habit and if you spend your money without thinking much then you might end up in a problem. Because there are emergency situations that can come at any time and at that time you will need money but if you have spent the money already then you will have to borrow it from someone. Budgeting apps can help you from these situations.
There are several other benefits but we will discuss about those benefits some other time. In this article, we will talk about the ‘best budget apps’.
Best Budgeting Apps For Android & iOS 2019
-
Mint : Best Overall
We are starting our list of budgeting apps from the Mint app. Mint is a very popular app that is used by millions of users worldwide for its awesome and unique features. Mint is developed by Intuit Inc and It is also one of the oldest app in this segment. Developers at Mint have paid attention to every little detail to create a masterpiece of budgeting app. Mint app is a beautifully designed app that will help you in controlling your unnecessary.
Mint is a free app and you won’t have to pay anything to use this app. You will just need to login and you are all set to save money. You will find the budget tools of the Mint app in the center of the home page. Mint app allows you to set a spending limit and whenever your expenses go beyond the limit, you will get the notification from the app. You can also check your credit score or pay bills directly from the Mint app. Mint app has all the features that make it vest budgeting app.
-
PocketGuard : Best To Keep From Overspending
PocketGuard is our second app in the list of best budget apps. As the name of the app suggest that PocketGuard helps you in guarding your pocket from unnecessary spending. PocketGuard can be linked to all your accounts and help you to prepare a budget easily. You can track your monthly expenses easily with PocketGuard app. You can also set a limit on your expenses with PocketGuard app and create a budget according to your earnings.
PocketGuard does not help you in tracking your expenses but it also helps you in bringing your expenses lower. It is a very easy app to use and you can set it up in a few minutes. PocketGuard will track your all day’s spending with ease. PocketGuard comes with a nice and easy-to-use interface that will help you in lowering your expenses. It is probably not the best budget app but it has all the potential to become one.
-
You Need a Budget : Best For Type-A Personalities
You Need a Budget is our third app in the list of best budgeting apps. It is probably the most unique app in terms of features and looks. You Need a Budget is designed with the aim to help you in planning your budget and you do not spend much money. You Need a Budget does a terrific job in planning your budget. With the help of this apps you can assign a job to every dollar you have.
With You Need a Budget, you will understand the value of a single dollar because every dollar you spend has a pre-set job to do. If you plan your budget according to your income then you will never be in debt. You Need a Budget definitely deserves a try. You Need a Budget can be accessed on your mobile phones and laptops easily.
-
Mvelopes : Best For Cash Style Budgeting
It is one of the best budget app in this list that features some of the renowned budget apps and when we compare Mvelopes with other apps than it performs pretty well. Mvelopes is available for all major platforms and you can use this app for 30 days free. This app takes a different approach to plan your budgets. With Mvelopes, you put your budget for different categories in different envelopes. Once your envelope of a category becomes empty, you can not spend more than that. You have several envelopes of different categories that you plan as per your budget.
Mvelopes is a beautifully designed app that gives you an approach to plan a budget that was never used. Mvelopes also provides you an option to give real-time budget matches. Suppose, you want to buy a mobile then you can easily check if you can do that within your budget or you will have to wait next month. Planning budget was never that easy but with the arrival of Mvelopes things have changed for better. Mvelopes will help you in monitoring your expenses. You can use Mvelopes to put a break on your unnecessary expenses. Mvelopes has all the features that a user wants in the best budgeting app.
-
GoodBudget : Best For Couples
GoodBudget is our fifth budget app that can be trusted for saving money. It is a beautifully designed app that has a nice interface. GoodBudget is compatible with almost every platform. GoodBudget is created in keeping couples in mind. This app can be used by couples who want to plan their budgets together. I’ll say GoodBudget is best for couples. GoodBudget can be used by a single person too because it has all the necessary elements of the best budgeting app.
With GoodBudget, you can track your every expense easily. You can also track your income with GoodBudget app. GoodBudget comes with a feature to export your data. You can export your data from GoodBudget in different formats. GoodBudget offers some features for free but you will need to pay to get access to all the features. GoodBudget is probably the best budgeting app that should be given a try for once.
-
Simple : Best App Tied To A Bank Account
As the name of the app suggests that it is a very simple budgeting app. The simple app brings your budget and bank accounts together. With Simple, you can easily manage your expenses because it brings your bank account and budget at one place. If you can check your budget while spending then the app becomes very helpful in saving unnecessary expenses. Simple has a ‘goal’ feature that will motivate the users to save money. The simple app comes with a ‘Safe-to-Spend’ feature that will tell you about the money you are spending would make your budget plans fail or not. You must give the Simple app a try.
-
AndroMoney : Best For Budgeting
AndroMoney is one of the most popular app to manage your finances with ease. It has all the features that an app with budget planning should have. AndroMoney is completely free, you won’t have to spend anything to download the app. AndroMoney might show you some ads but these ads pay for the expenses of the app. This app is far better when we compare it with others because it is completely free while other apps require subscriptions and if we are planning budget then it is not right to spend money on budget apps.
AndroMoney comes with a beautiful and elegant design. It has a neat and easy-to-use interface. AndroMoney also offers support for multiple currencies. So, if you are residing outside the USA, you will be able to change its currency and plan your budget accordingly. AndroMoney should be used by all those who want to plan their budget.
-
Money Manager : Best For Investors
Money Manager is another budget app that tries to do something different and surprisingly it succeeds in the process. This app does not only display texts and number of your budget but this app uses visuals to show where your salary is going. Money Manager will give all the basic features of a budget app but it will also give you the option to backup and restore your data. Money Manager is a free app but you will need to purchase some premium features by paying 4$.
Final Words
It was our list of the eight best budget apps that you can use on your mobile phones. These best budgeting apps will help you in planning your monthly budget and if used correctly, you will also save yourself from all the unnecessary expenses that you make when you have money in your hand. I highly recommend you to use these apps because these budget apps are going to help you a lot in many ways.
