Budgeting can be hard – but, the benefits are endless. As you practice becoming the budgeting queen/king you are, how about checking out some of these highly rated apps. Below you can explore and discover what is the best budgeting app for you:
MINT Budgeting App
Why MINT? It takes the hassle out of making and planning your budget. MINT connects to your bank account and uses your details to help you create a personalized budget.
You’ll be happy to know the Mint app uses the same security as banks and services such as TurboTax and Quicken – ensuring that all steps will be taken to secure your account.
With Mint, you’ll get alerted to unusual charges and it will customize your budget as you improve.
This iPhone, iPad and Android-friendly app also allows you to store all the data on your computer so that you always have it backed up in a safe place.
Digit is a new micro-savings account app designed to help you save small bits of money over time. Best described as “putting your saving on autopilot, to return to a pile of cash”. And, yes it’s completely safe and verified with your bank.
If you’re not a finance freak, the app does all the work for you; evaluating your spending habits and notifying you through text how much you saved over time.
• Save Without Thinking – Once you set up Digit it's easy to set-and-forget your savings with them. Next thing you know, you have some vacation, or fun money, saved up.
• $5 Referral Per Signup - Get $5 per every friend you refer to Digit.co's service
• Cannot Perform Transactions via the Web Site - You cannot make deposits or withdraw money via the web site.
• Not for Long-term Savings – Digit won't make you rich and it's more difficult to save money towards a larger goal, like buying a home, or retirement.
YNAB - You Need A Budget
It’s the truth! – But, it’s also the name of the next app we’re exploring. This app focuses on specific rules to help you get your finances in order. Give every dollar a job, plan for infrequent expenses, roll with the punches if you overspend and learn how to live on last month's income.
YNAB (You Need A Budget) will build a plan for you and there are online finance classes for you to watch (free with service).
The cost $5/month or $50/year. The best part is before you commit – you have 34 days to try it for free.
You know the old-school method of saving? Where you put the money you don’t want to spend in an envelope (give it to a friend/spouse) to hold for good measure.
Well, GoodBudget is the digital version of just that. The app can help you learn how to save for big purchases and actually put that plan into place so you can save for vacation or a new car.
This iPhone and Android-friendly app costs $15 for three months or $24 for six months of a pro subscriptions that deliver more envelopes, budget history, accounts and devices.
Those are the top three we’ve seen based on buzz – but there are lot’s more.
If you’ve tried any of these, comment with your favorite and let us know how you get better with budgeting.
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