The Top 10 Budgeting Apps to Use Today

Internet searches reveal an abundance of budgeting apps catering to a wide range of needs and interests. The following are examples of features shared by many of these apps:

• linking up with your financial institutions so you can monitor your spending and savings
• Sorting your spending into categories and revealing your financial habits
• Creating and enforcing budgets and saving targets.
• Advising on how to better manage money and reach your financial objectives.
• Including features and tools for financial planning, saving, investing, paying down debt, monitoring credit, determining net worth, etc.

Top 10 Apps

We have ranked the most popular budgeting applications by total downloads. The benefits of each app and how to use it are also described.

MINT

With more than 986,000 ratings on the App Store and Google Play, Mint has established itself as the most popular budgeting software. It’s a free program that links to several services and keeps tabs for you. Credit score, wealth, and advice tailored to your specific financial situation are all displayed. Mint’s strength lies in its ability to provide a holistic perspective of your financial situation and assist you in making positive changes.

Empower

Over 151,000 users have rated Empower formally known as Personal Capital positively on both the App Store and Google Play, making it the second most popular budgeting software overall. It’s a free program that can assist with budgeting, saving, investing, retirement planning, analyzing your net worth, and more. It also provides access to individual financial coaches who may provide tailored guidance.

YNAB

With over 60,000 ratings on the App Store and Google Play, YNAB (You Need a Budget) has become the third most downloaded budgeting software. It’s an expensive program that helps you budget your money following the zero-based system. As a result, you can better manage your finances and make necessary adjustments to your budget. The benefit of using YNAB is that it encourages you to stop living from paycheck to paycheck and start saving instead.

Oportun

Oportun (formerly Digit) has been downloaded over 3.2 million times and has received over 322,000 five-star ratings in the App Store and Google Play. A subscription service that monitors your income and spending patterns and then invests and saves money on your behalf accordingly. In addition, you will receive a bonus of 0.5% of your annual savings every 24 weeks. Oportun’s strength is that it makes saving and investing easier and more efficient.

PocketGuard

Over 31,000 users have given PocketGuard positive reviews on both the App Store and Google Play, making it the seventh most popular budgeting software overall. You can see how much disposable income you have after paying your regular payments and putting money away for your goals with this free software. Bills can be lowered, subscriptions can be optimized, and better bargains can be found with its assistance. PocketGuard’s main benefit is that it allows you to better manage your finances and save money.

Goodbudget

Over 31,000 users have given Goodbudget positive reviews on both the App Store and Google Play, making it the sixth most popular budgeting software overall. You may get this software for free or for a small fee, and it will help you budget your money using the envelope approach. It’s useful for keeping tabs on cash flow and anticipating costs in the future. Goodbudget’s main benefit is that it encourages you to stay within your financial limits.

Honeydue

Honeydue, with more than 15,000 ratings between the App Store and Google Play, is the fifth most popular budgeting app. It’s a free app that couples may use to coordinate their budgeting efforts. You and your partner can use the app to coordinate your finances by viewing and discussing shared accounts, budgets, bills, objectives, etc. You may divide up costs and keep tabs on your account balances with ease. Honeydue’s benefit lies in its facilitation of couple cooperation toward shared monetary objectives.

Stash

Over ten thousand users have given positive reviews to Stash, making it the number eight most popular budgeting software on both iOS and Android. If you have $5, you can get started investing with this premium app. It’s a one-stop shop for things like retirement accounts, banking, ETFs, and fractional shares. To help you become an informed investor, Invest24 offers both general and individualized educational resources. Stash’s main benefit is that it allows you to save money and prepare for the future.

Fudget

Fudget is the ninth most downloaded budgeting app in both the App Store and Google Play, with over 8,000 five-star ratings. There are free or cheap options for budgeting software that don’t involve account synchronization. The current account balance can be viewed instantly after entering all income and expenses. It is also worth mentioning that it offers a lot of customization choices, such as skins and currencies. The biggest advantage of using Fudget is that it makes budgeting easier.

CountAbout

Over five thousand users have given CountAbout five stars on both the App Store and Google Play, making it the seventh most popular budgeting app overall. It’s a premium tool that can import your financial data from Mint and Quicken and sync with your bank accounts and credit cards. Categories, tags, reports, and more can all be altered to suit your needs. The use of attachments and multiple currencies is also supported. CountAbout’s main benefit is that it makes it easier to switch over from other financial management apps.

Why do business coaches advise entrepreneurs to use budgeting apps?

Business coaches recommend budgeting software for two major reasons, according to online search results.

• Apps that help you create a budget can be invaluable tools for the financially independent. Among their many useful functions are account syncing, expense and income tracking, category organization, budgeting, savings goal setting, the provision of helpful advice, and the provision of investment, debt, credit, and net worth management tools and features. These functions can aid business owners in keeping track of their money, making sound financial decisions, saving as much as possible, and increasing their wealth.
• Startup owners who use budgeting tools are more likely to see their plans through to fruition. Entrepreneurs can seek assistance in developing a realistic budget that supports their goals. Some apps take specialized budgeting approaches like zero-based budgeting or value proposition budgeting to aid business owners in making more informed decisions about resource allocation. Business owners can use budgeting tools to monitor their progress, evaluate their results against their predictions, and make any adjustments to their spending plans.