The expenses you have on a day to day basis may or may not be predicted. Some of us get worried about not being able to track these finances. On one hand, some get shocked by seeing all money disappear in no time at all! And that’s when budgeting apps come at your rescue.
What are Budgeting Apps?
Budgeting applications or budgeting apps are convenient tools for tracking one’s finances based on income noted. This enables one to list down all his expenses to ensure that one is still on track of his or her income or saving goals. A very handy one that enhances one’s budgeting skills in just a flick of one’s fingertips.
Top 5 Best Budgeting Apps you may download
If you’re having trouble in terms of your budgeting plan and need help in getting your finances under control. A budgeting app is what you need. Budget software apps can take the vapidity and the challenge out of the budgeting process.
There are lots of budgeting apps you can download in your phone, tablet or pc. Below are just 5 of the best budgeting apps you may download:
Best Overall: Mint
Mint is one of the oldest and best-known budgeting apps. This is owned by Intuit, the same company that makes Quickbooks and TurboTax. Mint offers an array of features that keep track and manage your money. (source: https://www.thebalance.com/best-budgeting-apps-4159414)
Mint is the most useful in terms of its budget tools. This is best in categorizing one’s transactions — whether this is from linked credit or debit cards. Mint also provides alert notifications when one goes beyond his budget. In addition, this provides monthly reports of where your finances go.
Personal Capital
If you are into investing, Personal Capital can be your best friend. This application is a combination of robo-advisor and human financial advisors. This helps you track assets from the company which you may have invested on. Although one has to pay for a fee for company investments, there is also a selection of free financial tools available.
An investment checkup tool looks at the asset allocation in a user’s investment accounts and recommends a target allocation. Personal Capital also offers a 401(k) fee analyzer and a retirement planner. (source: https://www.nerdwallet.com/blog/finance/budgeting-saving-tools/)
HomeBudget
If you’re looking for a hands-on approach to budgeting, Home Budget is actually among the list of top budgeting apps. This application has a flexible approach although, you may need to buy the application for every platform that you desire to use it. One good thing about this application is that it comes with a sync feature for iPhone, iPad, Mac, Android and windows which could also allow you to share between the devices owned by your family members to ensure that everyone in the household is able to stay on top of your expenses. In addition, this application provides one the control in doing manual manipulation of income/expenses/budget.
You Need A Budget (YNAB)
If you have Windows or Mac computers, You Need A Budget (YNAB) software can be a strong financial budgeting application. You may also have a mobile version of the software for you to check your budget and enter transactions when you’re not using your computer. A synchronization feature from your smartphone or tablet is enabled using Cloud Sync.
AndroMoney
If you are to search on Google play, AndroMoney tops the list of the most popular and successful expense trackers available. But it does have a cross-platform feature for web and iOs. With this application, you may have multiple accounts, control balance and transfers, have tracking or budgeting functions at different currencies and even backs up your data to Excel should you wish to.
With its detailed and easy-to-access design, this free application helps one reach your income goal.
While you may also create your own budget tracking spreadsheet should you wish to do it manually and in a more customized manner, going for these budgeting apps help you save time and makes it easier for you to track your finances conveniently.
