Top 5 Budgeting Apps :
Knowing how to balance your savings and spendings along with keeping track of your finances is a tough job in the long run. This is why budgeting is often called more of an art and not just a skill. However, now several tools in the form of apps exist to make budgeting for you less complicated and easier to manage.
In this article, we have listed down the top 5 budgeting apps to help you take control of your finances and sort it out like an absolute pro! Here they are:
1. Mint
The Mint mobile application is absolutely free. It is also one of the easiest budgeting apps that currently exist in the market. The Mint app helps you create a budget and helps you form habits that will enable you to stick to it. It also tracks your spending and alerts you when your bills start piling up! Also, it enables you to check your credit score as well which is a nice little bonus.
2. You Need A Budget (YNAB)
If you are someone who has been struggling for quite a while with a pile of mounting debt. Then this amazing budgeting app is definitely for you. The ‘You Need A Budget’ or YNAB app helps you escape the whole rat race of living paycheck to paycheck. Although not completely free, this app is certainly worth investing in if you are serious about becoming debt-free real soon.
3. Wally
The Wally budgeting app is available for free of cost and helps you stay neatly organized with your finances. It has an extremely clean UI that is very easy to navigate through. It also keeps a record of all your important transactions along with the images of the receipts. Also, a big bonus point is that this particular app is completely ad-free. So if you are the kind of person who likes to keep track of where exactly your money is going to then this is a no-brainer choice for you.
4. Acorns
This particular budgeting app uses the power of automation to help you take financially sound choices. The Acorns app helps you by rounding up all your purchase amounts after which it automatically invests it into a portfolio of ETFs that you select based on your preferred risk-taking ability.
According to several users of the Acorns app, they never really notice the difference. However, they love it when they ultimately find an extra $300-500 in their bank account each year from the mini investments that the app made for them.
5. Tycoon
This particular budgeting app is for all the freelancers out there. We know that for you to manage your finances is a herculean task. It means diving into several invoices, many paid and many unpaid, or some even paid in half. It is honestly a nightmare come true.
The Tycoon app helps you streamline all of your incoming payments while scheduling the ones that you are supposed to receive in the future. It also alerts you when a client has missed payment. This one is a true lifesaver for everyone in the entire gig economy!
This brings us to the end of our list for the top 5 budgeting apps that can help you take care of all the nitty-gritty details of your personal finance. Now, do let us know if you have ever given any of these a try or if you haven’t which ones do you feel suit your budgeting needs.
