Introduction
The days are gone when traditional methods are used to manage finances. It is not only time consuming, but the pen/paper service is not as organized and is inaccessible when needed. Budgeting apps enable you to provide your data in such a way that it becomes easy to analyze your money and expenditures. Based on your requirements and goals, there are different (free and paid) software available. You should choose the software that is convenient and fitting to your personality. These apps help manage your money, and keep track of your expenses to ensure hassle-free future planning. The following include some of the best budgeting software that will help you manage your expenses in an organized and easily accessible way.
Top 3 Budgeting Software
1. You Need A Budget
If you are looking for zero-based budgeting software, then You Need A Budget (YNAB) is best suitable for you. It focuses on the motto of “Give every dollar a job”. Ditch your old habits of managing your expenses and YNAB will provide you an exceptional managing experience. YANB allows you to manage your expenditures, roll with the punches, and age your money. It runs on both Windows and Mac since it is a browser-based software application. You can access your details from smartphones. YNAB is also available for Android and iPhones. Connect your credit or debit card to access and download transactions. YNAB comes with a 34 days free trial and costs $11.99 a month or $84 a year.
2. Mvelopes
The Mvelopes is for envelope budgeters. You can put cash in envelopes each pay period. With this, you can create envelopes for individual expenses and label them separately. If an envelope becomes empty, you can add to it during your pay period. It provides a feature where you can link your bank and credit cards and keep track of previous transactions and assign money for future Mvelopes. This is similar to traditional envelopes on digital platforms. Mvelopes enables you to automate your bills so that you don’t need to worry about the monthly payments. Another feature that makes Mvelopes stand-alone is you can move the money from envelopes to credit cards if you have low credit card balance.
Mvelopes costs $6 per month and ranges up to $59 a year, but you will get a 30 days trial for the first time. It is available for PC and smartphones to manage your expenses from anywhere.
3. Mint
When it comes to tracking expenses, Mint is a widely popular and free online budgeting software app. This program lets you keep track of your expenses of bank accounts, credit cards, and investment accounts. Additionally, it will notify you in case of over-budgeting, or bills that are due. Furthermore, Mint also provides various suggestions and advice for your budget planning. Mint is a browser-based software also available for smartphones. You can track your credit card score and monitor investments. Mint is free of cost, therefore it is widely trusted and popular in the budget industry.
Conclusion
These are some popular and trusted budgeting software that not only lets you manage your finances but also helps to notify you and automate your bills so that you can be reminded of payment due dates. They are well categorized according to personal financial goals. Pick the application that is suitable for you and opt for the digital platform to manage your apps.
