5 Best Free Budget Apps

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So, I have been looking at budget apps to help me out with keeping track of my expenses, and all that fun stuff that goes with my eventual debt-free life. By research and trial, I have created a list of the 5 best free budget apps I have found. The key word in there being free. We don’t want to be paying for a budget app when we are trying to get out of debt, right? That’s just silly. Okay, here we go:

  1. Mint
  • Created by Intuit Inc. (the name behind QuickBooks and TurboTax)
  • Very secure
  • Sync your bank accounts and credit cards
  • Sync your monthly bills
  • Create your budget
  • Expense tracking
  • Lets you know when your bills are due and the amount owing
  • Reminds you of your payments
  • Provides free credit score
  • Receive an alert when you go over budget
  • Receive savings tips
  • Also has desktop version

So, for those of you who want a secure app that will be easy for you to manage, as it is connected with all of your accounts, Mint is one of the best free budget apps out there. It is my top pick actually.

Check out Mint for more information.

     2. Wally

  • User friendly (simple to use)
  • Track your expenses
  • Allows you to take photos of your receipts so you don’t have to manually enter everything
  • Tracks the places you shop often so that it’s easier for you to add those in the future
  • Set a goal for savings
  • Assign recurring income
  • Assign recurring expenses

I added this to my best free budget apps list because of its unique features that make it easier to use.

Check out Wally for more information.

3. PocketGuard

  • Tracks your spending
  • Easy to use
  • Syncs to your bank accounts and credit card
  • Charts and graphs so you can see your financial status
  • Tracks your income (monthly)
  • Tracks your bills/expenses
  • Tracks your savings
  • Includes a feature that looks at your bills and provides ways you can potentially save on each one

Although I personally don’t like that it goes by a monthly basis (I budget on more of a bi-weekly basis), I added it to my best free budget apps list because I do like the fact that it’s user-friendly and that it will even tell me when I can’t afford something!

Check out PocketGuard for more information.

4. Fudget

  • Very simple layout
  • Easy to use
  • Choose to use on a weekly, monthly, etc. basis
  • Easily track expenses, including recurring ones
  • Mark expenses as “Paid” or “Unpaid”
  • Does not link to bank accounts, etc.
  • Easily adjustable

I love the Fudget app because of its simplicity. It is very easy to set up and use. It’s also great for those who do not want their financial accounts in connection with an app.

Check out Fudget for more information.

5. Goodbudget

  • Envelope system – without the envelopes (free version: 10 regular envelopes, 10 annual envelopes)
  • User-friendly
  • Can sync to several devices (works great for singles and couples!)
  • Tracks spending and identifies where you might be overspending
  • No bank information required
  • You can transfer funds between envelopes and accounts
  • Funds not used can be transferred into following month
  • Free version covers most needs

If you work best with an “envelope system”, then this app is the one for you! I added it to my list of best free budget apps for those like the idea of using envelopes (virtual ones in this case of course). It also has great features and it works well for those who don’t feel comfortable linking their bank accounts to an app.

Check out Goodbudget for more information.

So, there you have it! Some pretty awesome apps to use to help you with organizing your finances and working towards getting out of debt. One of the best things about them is that they’re free to use.

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