Best Budgeting Apps

If you need help managing your spending and keeping your personal finances under control, a budgeting app may be just what you need.

There are many inexpensive apps to choose from, each struggling to differentiate itself from the others. The number of money management, personal finance, and budgeting apps is large, so it's helpful to know which ones are designed with the majority of users in mind, while offering unique tools for those with specific needs. We've done the hard work for you, creating a list of the best budget apps out there.

The best budget apps

Best Overall: Mint
Best to avoid overspending: PocketGuard
Best for Type A personalities - you need a budget
Best for budgets only: Wally
Best for the box-style budget: Mvelopes
Ideal for couples: Good budget
Best for investors: personal capital

What does a budget application do?

Budgeting apps can help you keep track of your personal finances on the go to give you an overview of what you are earning, what you are spending, and what might need to change.

They are typically designed for general personal budgets, and each app offers basic features and possibly unique features to help you develop strong financial habits. Some budgeting apps can also help you keep track of cash and credit card balances at banks and brokerages.

How much does an inexpensive app cost?

Some apps with limited features are free, and some with more robust tools and features have a small cost associated with it. Monthly rates range from $ 10 to $ 15, with discounts if you pay annually. However, some apps cost more.

What is the difference between a budget application and an accounting software?

Budgeting apps are downloaded to your mobile phone or tablet for use on the road, but not all accounting programs have this option. These programs generally offer more robust features designed for use on a computer. Accounting software generally costs more and has a steeper learning curve, while basic budgeting applications can be mastered in minutes.

We hope you enjoy watching this video about Best Budgeting Apps

Source: Logical Finance

 

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