Top 5 Free Budgeting Apps To Help You

Are you looking for a cheap app? Excellent thought! Managing your finances is critical if you want to gain financial control, pay off debt, and attain financial independence. Tracking every dollar, on the other hand, may be difficult, unpleasant, and time-consuming.

A budgeting software might be beneficial, but which one should you use? Some are focused on debt repayment, while others are designed to assist you in managing investments or avoiding overspending. Which budgeting app is the best fit for you?

In this post, we’ll go through ten of our favorite budget applications that may help you manage your money.

You Need a Budget

Best for: Serious budgeters who desire fine-grained control over their money.

You Need a Budget is a well-known budgeting program with a devoted fan base that affectionately refers to it as “YNAB.”

According to this budgeting program, rookie budgeters save $600 in the first two months and more than $6,000 in the first year.” Isn’t that good?

You Need a Budget supports the zero-sum budgeting technique. The objective is to “put every dollar to work.” This way, you’ll spend every dollar wisely and avoid wasting money on frivolous things.

This budget tracker connects all of your accounts to a single money management dashboard. All dashboards are available on both mobile and desktop.

It’s ideal for people and couples who wish to work together to create financial goals and manage a budget.

It also includes a specialized tool to assist you in debt repayment. This budgeting program teaches you how to successfully manage your debt and save money. It enables you to create achievable goals to help you feel better about handling large, intimidating bills.

Pricing: A 34-day free trial is available for ‘You Need a Budget.’ This budgeting app costs $11.99 per month or $84 annually.


Best for: All-around financial management.

Mint is a well-known and well-established budgeting tool. It is created by Intuit, the company behind the financial software packages Quickbooks and TurboTax.

Mint offers a variety of budget tools and services to assist you in managing your spending. You may use it to create financial goals, track your progress, and get personal finance guidance.

In a nutshell, this budget tool makes it simple to obtain a comprehensive view of your financial condition.

You may link your account to a plethora of banks, credit cards, loans, and brokerages. This allows you to view all of your transactions, account balances, and net worth in one location.

This free budget tool categorizes your transactions for you. As a consequence, tracking spending by category and comparing it to your budget is a breeze. Mint will also give you bill notifications and tell you when you spend too much money or go over your budget.

Mint is completely free to use. (The firm earns money by promoting third-party financial services such as credit cards or home loans.)


Best for: Those looking for a comprehensive personal financial solution that includes budget applications, finance tools, and information.

EveryDollar is a budgeting app created by best-selling financial book and author Dave Ramsey.

When it comes to money management, debt repayment, and retirement savings, Ramsey doesn’t hold any punches. And this budget tool is intended to assist you in putting his advice into action.

EveryDollar assists you in developing and managing a zero-sum budget, in which you “direct every dollar where to go.” 

This budgeting software’s free edition allows you to set a budget and add transactions whenever you make a purchase.

The premium edition of the software streamlines the procedure significantly. You may automate your budget by connecting your bank accounts to the app.

In addition, the premium option gives you access to additional budget tools, applications, and resources to help you take control of your money is the future of technology.

Pricing: There are free accounts with restricted capabilities available. Alternatively, you may purchase a Ramsey Membership for $129.99 per year, which includes a personal finance course, the budget tool EveryDollar, and the BabySteps app.


Best for: Keeping you on track with your budget and preventing overspending.

Users of PocketGuard consider this software as the finest budget tool for creating bespoke budgets and tracking purchases. This free budget tool allows you to create budgets and track your spending throughout the month.

You may also establish an infinite number of financial targets and track your progress as you come closer to your objectives. This budgeting program also has an autosave option, which allows you to set up automated rules to help you save more money.

It allows you to connect all of your accounts and offers a quick summary of your money. Then you can keep track of your debt payments, your income, your net worth, and your spending.

Furthermore, PocketGuard employs algorithms to find areas where you might cut costs. It monitors recurrent home payments and assists you in finding better bargains to save money. It even makes it easier to terminate subscriptions to services you no longer require.

This straightforward budget tool will give you smart bill reminders to ensure that you never miss a payment again.

Pricing: Free accounts are accessible, or PocketGuard Plus may be purchased for $3.99/month or $34.99/year.


When using the cash-style envelope budgeting strategy, this is the best option.

Mvelopes is a budget tool based on the envelope budgeting principle. This is when you segregate your money into multiple envelopes for different spending categories. When an envelope is empty, you’ve spent your budget for that area and will have to wait until the next month to replenish it.

Envelope budgeting is a tried-and-true technique. It is, however, considerably more difficult to do when the majority of payments are made digitally from the same account. Mvelopes addresses this problem. This fantastic budgeting program allows you to divide your money into an endless number of virtual envelopes.

This extremely simple budget tool allows you to make educated decisions and manage your spending while on the go.

Within the app, the budget tool also includes tools to help you learn more about personal money management, such as saving ideas, ebooks, and videos.

Pricing: Mvelopes offers a free 60-day trial. Then there are programs that cost $6 per month for Basic, $9.95 per month for Premier, and $19 per month for Plus.

When compared to other personal financial considerations, using a budgeting software may appear to be a minor option. However, the correct budgeting tool might make a significant impact in your own financial situation.

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When you use money management software, you get the benefits and, in the end, you save your financial future from disaster. Some budget apps, on the other hand, are free to use; the greatest budget applications, on the other hand, demand a premium fee that is well worth it.

We think that this information will assist you in making an informed decision about which budget app to subscribe to depending on your unique interests.

When choosing a budgeting tool, keep your requirements and goals in mind first. The correct budgeting tool may provide you valuable insights and statistics about your spending and savings. But, before you do that, determining your financial objectives might help you narrow down your search for the best budgeting tool for you.

Aside from your goals, here are a few aspects to think about before committing to a budgeting tool.


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