The Best Budgeting Apps and Tools

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If you want to see the best budgeting tools in one place, then you’ll love this guide. I personally tested and reviewed 13 free and paid budgeting tools.

If you want to see the best budgeting tools in one place, then you’ll enjoy this guide. I personally tested and reviewed the best free and paid budgeting tools. And you can filter through the list to find the best money saving apps for you that will help you save money.

Managing personal finances is a painstaking task, but that doesn’t mean you shouldn’t pay attention to budgeting. Managing your money is the best thing you can do for yourself in today’s unpredictable economy. And, there are several online budget tools that can help you achieve your goal. That’s second best after you’re done reading the best personal finance books that money can buy!

Whether you want to keep track of finances for a residential/commercial move or are saving up for a car, it’s crucial you stick to a saving or spending plan. Here are a couple of budgeting tools you should try:

Best Budgeting Tools and Money Management Apps

These are the top money management apps to eliminate debt and save money. Get one of these apps and start to better manage your money.

01: Quicken

quicken

Quicken lets you take control of your finances. By using it you can plan for today and tomorrow with one solution to manage all of your finances.

The Quicken app lets you see your financial life all in one place:

  • #1 personal finance software in the US
  • Trusted for 30+ years
  • Most trusted brand in PF management software
  • Connects to and aggregates information from over 14,000 financial institutions

That’s right, the app lets you get your complete financial picture at a glance. With Quicken, you can view your banking, investment, retirement, and credit card accounts – all in one place. Stay on top of your spending by tracking what’s left after the bills are paid. Make more informed money decisions by creating custom budgets you’ll stick to with this budgeting app. Quicken Mobile Companion App is a free personal finance app to use with your Quicken desktop software.

The app has it all and you can start with a free trial otherwise you’ll pay an annual fee, but Quicken Deluxe includes excellent reports, transaction tracking, short and long-term planning, and good support.

If you’re not a fan of paying — you can see a long list of Quicken alternatives to better manage your money.

02: Mint

best budgeting tools

Mint is an incredibly popular online personal finance app that’s great for all kinds of users. Aside from it being a great finance app, it has a plethora of money management tools that you can also use. What’s astounding is that the app is free to use and allows users to create financial reports in a matter of minutes.

Some notable features of Mint include:

  • Versatile and flexible budgeting tool
  • The app can send you alerts and financial summaries via text message or email
  • Extra security measure – the app sends out an SMS or email if it notes unusual account activity
  • Account aggregation follows almost all bank-level policies for added security
  • Users can customize their financial reports into easy-to-read bar graphs and pie charts

However, the only downside is that Mint does not have an account reconciliation feature. This may be a letdown for some users but otherwise, the app is great on its own. If you already have Mint but want more features, I would recommend signing up for Personal Capital. In fact, Personal Capital and Mint’s features are quite complementary. Users can also keep a track of their credit score with minimal hassle.

Manage Your Money with Mint

03: Personal Capital

The financial advisor company, Personal Capital offers several free tools to help users manage their budget and investments. What’s best is that the tool has an easy to navigate dashboard, perfect for beginners trying to save up.

Personal Capital

For greater ease, you avail maximum benefits by linking up both your investment and banking accounts. You can link your account manually or connect the account automatically. Since there are many categories, you can use the tool according to your convenience. What’s best is that the tool will select the best category for you so you don’t have to go through the trouble yourself.

You can use this brilliant online tool to keep a track of investments or even retirement funds. It’ll do all the calculations so you can keep an eye on your investment costs and asset allocation without a worry. You can learn more in our Personal Capital review.

Some key features of this app include:

  • Track expenses down to every credit card swipe
  • Analyze all your expenses in real time on your account dashboard
  • Use the tool to manage your future goals whether you’re planning to buy a house or get yourself a new car
  • Use the Retirement Planner tool
  • Ability to track your net worth

Track Net Worth with Personal Capital

04: Trim

Want to know the cheapest car insurance provider or the best credit card in town? Look no further than Trim. This exciting solution makes it easy to keep track of your financial life.

Trim

The good news is that this app makes the right financial decisions and you don’t have to worry about your financial health. Automate savings and find interesting ways to save more money with this genius app backed by AI. Click here to sign up for Trim for free

Trim Your Bills with Trim.

At a glanceGo
Trim
Offer: 14-day free trial (cancel anytime)

Use Trim's AI to identify and manage your recurring subscriptions, find savings with your daily expenses and even renogotiate your bills to save you money with month.

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trim

05: Paribus

paribus review

Paribus is an online tool that automatically tracks your purchases to find price drops. The good news is that it is free and you can download the app for both Android and iPhone.

Link your Amazon account to Paribus and search for price drops at participating merchants. Since Paribus uses quality encryption to protect data, you don’t have to worry about your purchases made. You can read a Paribus review here or download the app for free here.

Get Money Back with Paribus

At a glanceGo
Paribus
Price: FREE

Paribus does the heavy lifting to help you find refunds when prices change on things you purchased. It does all the heavy lifting, negotiating the refund on your behalf.

GET PARIBUS
paribus

Paribus compensates us when you sign up for Paribus using the links we provided.

06: LearnVest

Unlike most apps and tools on this list, LearnVest is more advanced and does a lot more than you’d expect. It is better suited for folks with advanced budgeting needs or individuals who want to create their own financial plan. The app requires you to make a little upfront investment so if you’re only looking for free apps, you can move ahead.

best budgeting tools

But if you’re willing to spend your money wisely, LearnVest provides you access to an advisor. This way, you can have all your questions answered by an expert.

Start Budgeting with  LearnVest

07: YNAB

You Need a Budget also known as YNAB is another popular finance app that has its own super cult following. Unlike other complex tools, it features an easy to navigate spreadsheet design. This makes it easier for newbies to create a monthly budget in minutes.

best budgeting tools

Another great thing about YNAB is that it focuses on your last month’s income instead of your future income. Plus, all your data is represented in easy-to-understand graphs and reports.

Start Saving with YNAB

08: Mvelopes

As the name indicates, this app will take you down memory lane with the old envelope system but with a modern or digital take.

best budgeting tools

Thanks to Mevlopes, you can keep a track of spending by linking all your financial accounts in one place. You can also designate future money to “Mvelopes” and assign yourself a budget. As you use your credit card to pay for something, the app moves the spending account to another Mvelope. This way, you’ll be able to keep track of how much you need to pay for your credit card bill.

Track Money with Mevlopes

09: MoneyStrands

If you don’t like linking your bank accounts to a third party app or tool, MoneyStrands is the way to go. What’s best is that it works much better than a traditional spreadsheet but with a bunch of cool add-ons.

best budgeting tools

However, users can link their accounts for greater ease though it is not a requirement. The basic interface looks like a calendar and is easy to manage. Some users have expressed that the app resembles Mint and features a similar interface.

Track Spending with MoneyStrands

10: Spendee

Are you in need of fuss-free budgeting app that will manage your finances on the go? Well, Spendee is a great choice. For minimal hassle, you can link your Spendee account to your bank accounts and keep track of everything. What’s cool is that the app displays multiple currencies plus you can use a shared account with your family.

best budgeting tools

While the app is free, you can upgrade your account to premium and avail more benefits. Spendee premium is perfect for budget planning if you want to move your start-up or office to a new location. Real-time sync will ensure that your information is available across all devices.

Watch Spending with Spendee

11: Money Dance

This software may not be available for free but it certainly is worth every penny. With numerous features, Money Dance is not only incredibly easy to use, but it also provides a great visual representation of your spending.

best budgeting tools

For instance, the software looks like a ledger and does an excellent job of summarizing your financial situation including your net worth, liabilities, and assets.

Dance with Money Dance

12: Calendar Budget

We will be honest, this is a fairly basic app for budgeting so don’t expect high-end features. Also, it’s also worth noting that Calendar Budget is not a budgeting app and merely works as desktop software. Though it performs better than the traditional spreadsheet.

best budgeting tools

The only downside? You will have to sit down and enter each expense as you. The calendar will then do the calculations so that you can create a decent budget for yourself.

Go Old School with Calendar Budget

13: Spreadsheet

Whether it’s Google Sheets or Excel, nothing can beat the classic spreadsheet. True, it may not come with all the bells and whistles that you would expect in a finance tool, but it works well.

best budgeting tools

One of the obvious plus-points of using a spreadsheet is users have complete control over how they can track data. Plus, it is a safer option since you don’t have to integrate your financial accounts online.

Need help setting up your spreadsheet? Tiller Money automatically imports daily spending, account balances, and transactions into Google Sheets and Microsoft Excel. You can customize the spreadsheet to your liking or they also have free budget templates you can use. Tiller Money keeps you up-to-date on your spending with daily account activity emails.

Tiller Money costs $79 a year. Try it out at no cost with a free 30-day trial.

Learn More about Tiller

Summary of the Best Money Management Apps

These money management apps take some of the guesswork (and discipline) out of tracking your expenses and finding money saving ideas.

It may take a little trial and error (and more than one free trial) to find the best budgeting tool for you.

Which of these best budgeting tools will you try first? Let us know.

Best Money Saving Apps

AppAt a glancedownload
personal capitalSoFi
★★★★★
SoFi is one of the best money-saving apps that offers everything all within one app. Switch to SoFi Money—a cash management account that earns interest, has no account fees, and more. Get $100 instantly when you switch your direct deposit to SoFi Money.
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personal capitalPersonal Capital
★★★★★
Use the Personal Capital's Savings Planner to find out how much you need to save each year. Plan your retirement savings, emergency funds and progress towards paying down debt while budgeting and saving money.
100% FREE
Truebill reviewTruebill
★★★★★
This free app delivers on its promise to save you money effortlessly. You can use it to lower your bills, cancel unwanted subscriptions and bill negotiations.
SLASH YOUR BILLS
aspirationAspiration
★★★★★
Get a $100 bonus at Aspiration when you open and fund an account with $10 or more. Then use your Aspiration debit card to make at least $1,000 worth of cumulative transactions within 60 days of account opening.
CLAIM $100 BONUS
robinhoodRobinhood
★★★★★
Open a new account in the next 24 hours and you could get up to $200 in free stock.
CLAIM FREE STOCK

About the author

Jenny Harrison
Jenny Harrison is a passionate technology and lifestyle blogger. She loves to engage with the audience looking for home, lifestyle and tech information, ideas and hacks. She is a featured blogger at various high authority blogs and magazines where she shares her research and experience with fellow bloggers and keen readers. Follow her on twitter @MJennyHarrison for more updates.
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