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It’s the new year and that means some of you probably have a goal of setting a household budget or organizing an existing one (really, all of us need one!).
We live in a good age for budget-keeping: there are lots of apps that make it pretty easy to stay on top of. Of course, you can always go the pen and paper route, but if you’re looking for something different (that is generally a time-saver), consider going the tech route.
Here’s a list of six different budgeting apps that will make it easy for you to keep track of your household budget right on your mobile device.
6 Best Budgeting Apps:
This app is probably one of the more popular budget apps and it allows you to see all of your money and bills in one spot. It also automatically detects which budget category a spending might fall into, making it super easy to see where your money is going.
Mint is free to download and free to use, though there may be fees associated with using a credit card to make a bill payment.
2. You Need a Budget a.k.a. YNAB
YNAB makes it easy for you to create a budget, but they’re also big on debt management. They’ll give you tools to help get you out and also teach you how to stay out of it. Their goal is to give every dollar a job, making bigger expenses seem less stressful and more manageable.
YNAB is free for 34 days and then $6.99 per month.
People seem to like PocketGuard because it’s straightforward and easy. It lets you know where your money is going and when you need to slow your spending. Do note, however, that this app doesn’t focus on future financial goals.
PocketGuard is free to download and is $3.99 monthly ($34.99 annually).
Wally is relatively new, but it’s becoming popular due to its simplicity and the fact that it’s free. Their goal is to take the stress out of personal finances by telling you what goes in, what goes out, what you’ve saved, and how your budget is working. Plus, people like that it’s aesthetically pleasing.
Wally is free to download and free to use.
Anyone fans of the envelope budget method? This app is a digital version of that system. You can use it across different platforms (computer, mobile, etc.) and with different members of the family, so you and your spouse can really be on the same page with spending.
GoodBudget is free to download and free to use.
This app is a little different in that its goal is to help you save up for a specific item (or vacation or paying off debt, etc.). It’ll help you keep up with how much you’re saving and there’s also a community where you can get encouragement and see what other people are saving for.
Unsplurge is free to download and free to use.
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