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

Budgeting can appear to be a nightmare with tough spreadsheets and 1,000,000 paper receipts, however a budgeting app can do the heavy lifting for you. A budgeting app may also help you price range 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 robust technique to make your monetary life much less hectic.

That will help you obtain extra monetary freedom, we rounded up the very best budgeting apps — each free and paid — for Android or Apple gadgets. These apps goal to simplify budgeting, automate mundane duties and even connect with your checking account to drag in and categorize purchases routinely.

5 Greatest Free & Paid Finances Apps

Budgeting app Worth 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/yr Apple & Android
Buddy $0 or $16.99-$49.99/yr Apple

What Is the Greatest Budgeting App for You?

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

  • Flexibility: You might have considered trying the pliability to customise your price range based mostly on varied components, reminiscent of several types of earnings (i.e., money ideas, facet hustle) and the sort of price range you want to make use of.
  • Account syncing: Budgeting apps can perform a little or so much. You could desire to trace transactions manually. Or perhaps you need real-time monitoring on transactions for some or your whole accounts.
  • Person expertise: How an app capabilities can range. Are you OK with advertisements? Bank card gives? Classes that may’t be personalised?
  • Value: Some price range apps are free. Some are paid. Some are “freemium” — primary options totally free, premium options for a value. Do you need to price range totally free? Are you cool with paying for additional options?

We’re recommending a variety 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 fashion, there’s a price range 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

Accessible on

And Android



Identified for trimming payments, Rocket Cash, formally Truebill, isn’t a stranger to The Penny Hoarder group as we’ve really helpful the app earlier than — and with good motive. Rocket Cash gives instruments for budgeting, managing subscriptions and negotiating payments.

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

Rocket Cash takes high billing for permitting you to calculate and create an allowance, so precisely how a lot cash it’s important to spend every month. You may also arrange objectives for classes you need to watch, reminiscent of consuming out at eating places or purchasing generally.

In the event you’re new to budgeting, Rocket Cash is a strong choice that walks you thru the method. The app gives further options — reminiscent of spending insights — that may aid you construct higher budgets. You possibly can 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 could have forgotten.

You probably 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 minimize of that financial savings for the primary yr 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

In the event you’re new to budgeting, take a look at our free Budgeting 101 course in The Penny Hoarder Academy. We’ll stroll you thru all the pieces it is advisable to know to get began.


The Budgeting Runner-Up

Key Options

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


Accessible on

And Andriod



The Simplifi app isn’t practically as in style correctly. The easy structure and design of the app — certainly one of 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 can assist you set up a price range and keep on monitor.

With Simplifi, you’ll be able to join your whole monetary information, together with financial institution, bank card, mortgage and 401(ok) accounts, so you’ll be able to see all the pieces all collectively. From there, you’ll be able to set monetary objectives and budgets whereas protecting monitor of your spending. Your total spending plan even provides you an summary of deliberate spending versus what you’re truly spending.

If you wish to save for an enormous buy, reminiscent of a automobile or a down fee on a house, Simplifi can calculate how a lot cash you’ll have to put aside every month to satisfy your objective. In the event you replace the objective or alter the timeframe, Simplifi will recalculate all the pieces 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 big with tens of millions of consumers. Simplifi builds on a wealth of data that Quicken holds within the monetary area.

Simplifi is definitely well worth the $3.99 to $5.99 a month to make use of, and there’s a 30-day free trial so that you may give it a take a look at 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


Accessible on

And Android



Mint is an alternative choice acquainted to non-public finance fans. For fairly some time, Mint was the very best budgeting and finance app you could possibly obtain. To today, Mint stays a strong choice, at the same time as rivals have added providers, 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 earnings and monitor your spending. Mint can connect with your checking account — and different accounts — to routinely log each transaction and aid you categorize them.

Along with price range planning, you’ll be able to monitor your credit score in Mint and obtain notifications if there are adjustments to your credit score report. Mint makes it simple to keep watch over 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 (out there solely to iOS customers) at $4.99 a month unlocks particular options, together with automated subscription cancellation, spending projections and spotlights in your spending habits.

In the event you’re looking for the proper budgeting app, give Mint a attempt. Many individuals discover that the free plan is ideal for his or her monetary wants.

YNAB (You Want a Finances)

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


Accessible on

And Android


$14.99/month or $98.99/yr

YNAB — also called You Want a Finances — 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 will 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 may very well 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 telephone, then decide up the place you left off on a pill or laptop.

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

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

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

YNAB is free for 34 days to present you a strong 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 determine YNAB isn’t for you. YNAB additionally gives a yearlong free trial for school college students.

YNAB prices $14.99 a month or $98.99 a yr.


Budgeting in Guide Mode

Key Options

  • No linked accounts for larger privateness
  • Share a price range with a companion or roommate
  • Custom-made app makes budgeting extra enjoyable


Accessible on


$0 or $16.99-$49.99/yr

Buddy introduces itself as your new monetary companion — aka the joyful budgeting app — and we couldn’t agree extra. Somewhat on the essential facet, Buddy nonetheless helps you create budgets and monitor your bills. You possibly can even share your budgets with another person, reminiscent of your companion or roommate. Buddy is our favourite choice for individuals trying to deal with their funds collectively.

So why is Buddy on the backside of our listing? Buddy is a superb budgeting app, however you’ll be able to’t hyperlink a checking account or card, which suggests it’s important to manually enter every transaction. To some, it is 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 great 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 means that you can personalize the app to place some enjoyable in budgeting with customized colours and themes.

Buddy is free, however if you would like all the pieces 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 Finances App?

If budgeting apps intimidate you, attempt Simplifi, which is straightforward to make use of however will price you a small month-to-month price. If you would like a free budgeting app, we advocate Mint by Intuit. You received’t get the premium, paid options that Mint gives, however the expertise remains to be high class.

Is Mint Nonetheless the Greatest Budgeting App?

Mint is an wonderful budgeting app and we extremely advocate it, particularly for individuals who like a free app with a paid premium choice. General, we like Rocket Cash and Simplifi extra, although. Rocket Cash gives a bunch of further options, together with subscription administration, and Simplifi gives a easy interface that’s approachable for freshmen.

What Is the Greatest Finances App for {Couples}?

Buddy is a superb budgeting app for {couples} or different individuals who share a price range. Buddy does have some limitations, although, reminiscent of 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 Rookies?

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

What Is the 50/20/30 Finances Rule?

Two frequent methods to price range 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 earnings on dwelling bills and payments, 20% on monetary objectives (i.e., additional debt funds, investing) and 30% on private issues, like holidays and eating out. The 70/20/10 rule places 70% of your earnings 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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