The 5 Greatest Free & Paid Budgeting Apps Together with Mint, YNAB

Budgeting can look like a nightmare with difficult spreadsheets and one million paper receipts, however a budgeting app can do the heavy lifting for you. A budgeting app may also help you finances with ease, take management of your funds and work towards your objectives.

Whether or not your focus is trimming bills or paying off debt, budgeting — with an app or in any other case — is a strong technique to make your monetary life much less worrying.

That can assist you obtain extra monetary freedom, we rounded up one of the best budgeting apps — each free and paid — for Android or Apple gadgets. These apps intention to simplify budgeting, automate mundane duties and even connect with your checking account to tug in and categorize purchases routinely.

5 Greatest Free & Paid Price range Apps

Budgeting app Value Platform
Rocket Cash $0-$12/month Apple & Android
Simplifi $3.99-$5.99/month Apple & Android
Mint $0-$4.99/month Apple & Android
YNAB $14.99/month or $98.99/12 months Apple & Android
Buddy $0 or $16.99-$49.99/12 months Apple

What Is the Greatest Budgeting App for You?

There are a number of issues to contemplate whenever you’re on the lookout for a superb budgeting app.

  • Flexibility: It’s your decision the pliability to customise your finances based mostly on numerous components, comparable to various kinds of revenue (i.e., money suggestions, facet hustle) and the form of finances you want to make use of.
  • Account syncing: Budgeting apps can do some or loads. You might want to trace transactions manually. Or possibly you need real-time monitoring on transactions for some or your entire accounts.
  • Consumer expertise: How an app capabilities can fluctuate. Are you OK with adverts? Bank card provides? Classes that may’t be customized?
  • Value: Some finances apps are free. Some are paid. Some are “freemium” — primary options totally free, premium options for a value. Do you need to finances totally free? Are you cool with paying for further options?

We’re recommending a spread of budgeting apps that cowl all of the bases: paid, free, nice-to-have extras, tremendous primary, no syncing, all of the syncing (together with monitoring your web value), routinely including transactions, manually logging transactions, only for you or shared with another person. No matter your model, there’s a finances app that’s best for you.

Rocket Cash

The Greatest Budgeting App

Key Options

  • Cancellation Concierge for subscriptions
  • Detects recurring subscriptions in your accounts
  • Hyperlink your accounts to maintain monitor of your budgets

Rocket Cash

Obtainable on

And Android



Recognized for trimming payments, Rocket Cash, formally Truebill, isn’t a stranger to The Penny Hoarder group as we’ve advisable the app earlier than — and with good cause. Rocket Cash provides instruments for budgeting, managing subscriptions and negotiating payments.

Rocket Cash is a wonderful all-in-one app for these seeking to get their monetary world in higher form.

Rocket Cash takes prime billing for permitting you to calculate and create an allowance, so you realize precisely how a lot cash you need to spend every month. You may as well arrange objectives for classes you need to watch, comparable to consuming out at eating places or procuring normally.

If you happen to’re new to budgeting, Rocket Cash is a stable possibility that walks you thru the method. The app provides extra options — comparable to spending insights — that may enable you construct higher budgets. You may see the place your cash goes every month and obtain alerts if you’re headed towards overspending.

We love Rocket Cash’s subscription administration characteristic, too, that checks your checking account for any recurring costs. It’s an effective way to find subscriptions you might have forgotten.

When you have a excessive mobile phone or cable invoice, Rocket Cash may even negotiate it right down to a decrease charge. Rocket Cash does take a reduce of that financial savings for the primary 12 months in case your invoice is diminished.

Whereas Rocket Cash is free, you’ll pay $3 to $12 every month for premium options. How a lot you pay is as much as you.

Professional Tip

If you happen to’re new to budgeting, try our free Budgeting 101 course in The Penny Hoarder Academy. We’ll stroll you thru the whole lot you have to know to get began.


The Budgeting Runner-Up

Key Options

  • Easy interface that’s good for inexperienced persons
  • Hyperlinks to loans, 401(okay), bank cards and extra
  • Backed by Quicken buyer assist


Obtainable on

And Andriod



The Simplifi app isn’t almost as well-liked accurately. The easy format and design of the app — one among our favourite options — makes budgeting really feel approachable and fewer intimidating. However a easy design doesn’t imply an absence of options, as Simplifi packs in efficient instruments that will help you set up a finances and keep on monitor.

With Simplifi, you’ll be able to join your entire monetary information, together with financial institution, bank card, mortgage and 401(okay) accounts, so you’ll be able to see the whole lot all collectively. From there, you’ll be able to set monetary objectives and budgets whereas conserving monitor of your spending. Your general spending plan even provides you an outline of deliberate spending versus what you’re really spending.

If you wish to save for an enormous buy, comparable to a automobile or a down cost on a house, Simplifi can calculate how a lot cash you’ll have to put aside every month to satisfy your purpose. If you happen to replace the purpose or alter the time-frame, Simplifi will recalculate the whole lot for you — with out you lifting a finger.

One of many causes we like Simplifi is as a result of the budgeting app is backed by Quicken, a finance large with thousands and thousands of consumers. Simplifi builds on a wealth of data that Quicken holds within the monetary house.

Simplifi is well definitely worth the $3.99 to $5.99 a month to make use of, and there’s a 30-day free trial so that you can provide it a check run.


The Stable Traditional Possibility From Intuit

Key Options

  • A dependable, highly effective app for cash administration
  • All-in-one app that features credit score monitoring
  • Types new transactions for higher group


Obtainable on

And Android



Mint is an alternative choice acquainted to non-public finance fanatics. For fairly some time, Mint was one of the best budgeting and finance app you could possibly obtain. To this present day, Mint stays a stable possibility, at the same time as rivals have added companies, like Rocket Cash, and aced the app design, like Simplifi.

Mint is an all-in-one app for managing your private funds, permitting you to attach your financial institution accounts, watch your revenue and monitor your spending. Mint can connect with your checking account — and different accounts — to routinely log each transaction and enable you categorize them.

Along with finances planning, you’ll be able to monitor your credit score in Mint and obtain notifications if there are modifications to your credit score report. Mint makes it straightforward to control your credit score rating, which appears to be like easy however is crucial to your future.

Whereas Mint is free to make use of, a premium subscription (obtainable solely to iOS customers) at $4.99 a month unlocks particular options, together with computerized subscription cancellation, spending projections and spotlights in your spending habits.

If you happen to’re looking for the right budgeting app, give Mint a strive. Many individuals discover that the free plan is ideal for his or her monetary wants.

YNAB (You Want a Price range)

A Extra Detailed Budgeting App

Key Options

  • Customers can get into the nitty-gritty particulars
  • Actual-time syncing throughout gadgets
  • Constructed-in mortgage calculator to assist repay debt


Obtainable on

And Android


$14.99/month or $98.99/12 months

YNAB — often known as You Want a Price range — is a complete, zero-based budgeting app that breaks down your spending and earnings into granular particulars. We love the options in YNAB, however the interface could be extra intimidating than these of different budgeting apps that maintain your hand all through the method.

If you wish to dive into the nitty gritty of your private funds, YNAB is likely one of the greatest apps you’ll be able to obtain — significantly, it might be life altering. YNAB connects to your financial institution accounts to routinely import your transactions and syncs in actual time throughout a number of gadgets. You can begin budgeting in your cellphone, then decide up the place you left off on a pill or pc.

The YNAB app provides the identical options as our different suggestions, together with the flexibility to arrange and monitor objectives or preserve a detailed eye in your web value.

We additionally love the built-in mortgage calculator that appears at rates of interest and exhibits how a lot cash you’ll save by paying down your debt sooner.

Different YNAB options embody sensible categorization that learns the way you type purchases and adjusts to future spending and an ad-free expertise. It’s good to skip the temptation adverts can provide whenever you’re making an attempt to get your monetary home so as.

YNAB is free for 34 days to offer you a stable month of budgeting plus a couple of days for evaluation. You don’t need to put in a bank card to enroll, so that you received’t find yourself with a forgotten subscription in the event you resolve YNAB isn’t for you. YNAB additionally provides a yearlong free trial for school college students.

YNAB prices $14.99 a month or $98.99 a 12 months.


Budgeting in Handbook Mode

Key Options

  • No linked accounts for better privateness
  • Share a finances with a accomplice or roommate
  • Personalized app makes budgeting extra enjoyable


Obtainable on


$0 or $16.99-$49.99/12 months

Buddy introduces itself as your new monetary companion — aka the joyful budgeting app — and we couldn’t agree extra. Somewhat on the fundamental facet, Buddy nonetheless helps you create budgets and monitor your bills. You may even share your budgets with another person, comparable to your accomplice or roommate. Buddy is our favourite possibility for folks seeking to deal with their funds collectively.

So why is Buddy on the backside of our record? Buddy is a superb budgeting app, however you’ll be able to’t hyperlink a checking account or card, which suggests you need to manually enter every transaction. To some, this can be a deal breaker. For others, it’s the facility of a budgeting app however with extra privateness as a result of your checking account isn’t concerned.

If you’re OK with including transactions, you’ll discover a plethora of fantastic options inside the Buddy app. Along with creating easy budgets and monitoring bills, you’ll be able to break down spending into customized classes and examine insights into your present plan and spending historical past.

Buddy even lets you personalize the app to place some enjoyable in budgeting with customized colours and themes.

Buddy is free, however if you need the whole lot the app has to supply, you’ll want a subscription. Choose options require a premium subscription, which is $2.99 to $4.99 a month. Annual subscriptions are $16.99 to $49.99.

Regularly Requested Questions (FAQ)

What Is the Greatest Budgeting App?

There are many budgeting apps available on the market, however our favourite is Rocket Cash for its skills in budgeting, canceling subscriptions, negotiating payments and setting financial savings objectives. We additionally reviewed Simplifi, Mint, YNAB and Buddy.

What Is the Best Free Price range App?

If budgeting apps intimidate you, strive Simplifi, which is straightforward to make use of however will price you a small month-to-month payment. If you’d like a free budgeting app, we suggest Mint by Intuit. You received’t get the premium, paid options that Mint provides, however the expertise remains to be prime class.

Is Mint Nonetheless the Greatest Budgeting App?

Mint is an glorious budgeting app and we extremely suggest it, particularly for individuals who like a free app with a paid premium possibility. Total, we like Rocket Cash and Simplifi extra, although. Rocket Cash provides a bunch of extra options, together with subscription administration, and Simplifi provides a easy interface that’s approachable for inexperienced persons.

What Is the Greatest Price range App for {Couples}?

Buddy is a superb budgeting app for {couples} or different individuals who share a finances. Buddy does have some limitations, although, comparable to having to manually add transactions. We additionally reviewed the greatest budgeting apps for {couples} and got here up with a number of different choices.

What Is the Greatest Budgeting App for Newcomers?

We suggest Simplifi as one of the best budgeting app for inexperienced persons. You’ll pay a small month-to-month subscription, however the Simplifi app isn’t intimidating to make use of. Mint is one of the best free budgeting app for inexperienced persons, in our opinion.

What Is the 50/20/30 Price range Rule?

Two widespread methods to finances are the 50/20/30 and 70/20/10 strategies. Each observe the identical concept of budgeting by percentages. With the 50/20/30 methodology, you spend 50% of your revenue on dwelling bills and payments, 20% on monetary objectives (i.e., further debt funds, investing) and 30% on private issues, like holidays and eating out. The 70/20/10 rule places 70% of your revenue to dwelling bills and private spending, 20% to financial savings objectives and investing, and 10% to debt or donations.

Michael Archambault is a senior author for The Penny Hoarder specializing in expertise.

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