Are you searching for an app to help save money and make budgeting simpler, look no further! But which one is ideal for you?
First and foremost, decide whether you need a free budgeting tool with automated savings and bill alerts. If saving for retirement is your aim, an app with cash flow forecasting capabilities might also come in handy.
YNAB is a digital version of the popular zero-sum budgeting method that directs every dollar you bring into a specific goal. It provides real-time syncing of transactions and bank account info, along with goal tracking and reports.
YNAB stands out among other personal finance apps by requiring users to review and categorize their spending. While this can be a bit of a pain, the effort pays off in terms of being able to see exactly where your money goes each month.
YNAB’s budgeting rules are designed to help you live within your means, get out of debt and save for the future. They include Rule #1: Give Every Dollar a Job; Rule #2: Accept Your True Expenses; and Rule #3: Be Flexible When Things Don’t Go as Planned.
Simplifi is an all-inclusive financial management app that helps you stay in control of your finances in mere minutes. Its dashboard offers a complete overview of all accounts, so it’s simple to see how spending and saving habits affect overall goals at any given moment.
Simplifi provides a range of customizable reports to fit your needs, such as spending, income, net worth and monthly summaries. Furthermore, the app features an efficient shopping refund tracker to help keep track of expenses when returning items back to the store.
Digit is a microsavings app that analyzes your spending patterns and automatically transfers small amounts of money into an account for you to save. It’s perfect for people who struggle to save on their own.
Additionally, it provides robo investing services to help you save wisely for long-term goals such as building wealth or purchasing a house.
Digit analyzes your bank account and then automatically transfers small amounts of cash to a savings account every few days, based on your financial patterns. There’s no minimum balance requirement, and you have control over how much is saved for you.
Spendee is an app designed to help you manage your money and stay within budget. It works on any device and syncs with your bank accounts so you can stay on top of spending.
Data analytics provided by this software give you a detailed picture of your finances, enabling you to optimize spending habits and save for the future. It is an invaluable asset for those aiming to live debt-free or reach their financial objectives.
Spendee also offers a referral program that gives new users up to 12 months of free premium service. This is an ideal opportunity to test out their advanced features and determine whether they work for you.
PocketGuard is a budgeting app that takes the stress out of tracking spending and saving money each month. It can import transactions from your online banking account and help you set savings goals.
Users can link up as many accounts as needed for an accurate picture of their finances. They may even create a cash account in order to manually record cash transactions.
PocketGuard also provides a pie chart report to view all your expenses in one convenient location, helping you pinpoint what may be causing your financial difficulties.
Marcus Insights is Goldman Sachs’ free money management app for non-customers that allows you to consolidate external accounts and monitor spending. It provides a centralized approach to managing finances that’s accessible on both Android and iOS devices.
It is an ideal solution for those who want to manage their expenses and save money without much hassle. Plus, you can link your external bank account and check balances quickly with this application.
Marcus savings accounts offer competitive APYs and don’t charge monthly maintenance or transfer fees. Marcus CDs are fee-free as well, with a low minimum deposit requirement of $500.
Mint is a free money management app that assists with setting budgets, categorizing expenses and monitoring your credit score. Additionally, it has goal-setting tools to save for future events.
Once connected to your bank accounts, it automatically downloads transactions and organizes them into budget categories. Users have the ability to modify these categories or add tags as needed in order to better organize their spending.
Mint allows users to create individual budgets for various categories of spending, such as education, entertainment, food and drinks, bills, personal care for kids and pets, plus shopping. You may even roll over funds from one budget into the next if necessary to adjust your monthly expenditure.