“We must consult our means rather than our wishes.” ― George Washington
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I don’t know about you but budgeting can be the most fun and the most stressful thing we do sometimes as a couple. When things are going smoothly, budgeting is easy peasy. When we have a tight month for whatever reason, the stress seems to provide an additional layer of complexity as we try to meet our financial goals.
All this to say, as personal finance bloggers, we’ve used a ton of different budgeting techniques, apps, and spreadsheets. Here are our top five 2017 budgeting apps that you can use to start crushing your money goals today!
We’re also sharing an awesome free spreadsheet tool with you if you want to grab that be sure to read until the end.
The Mint budgeting app is one of the best budget apps because it takes the hassle out of making a budget. You connect the Mint app to your bank and the app can use your details to help create a personalized budget.
The Mint app uses the same security as banks and the team behind this service also makes TurboTax and Quicken, so you can trust that they take all possible steps to secure your accounts and your data.
Mint will send you alerts to unusual charges and helps identify tips customized to your spending that can help you reduce the money you spend on fees and on other bills. Mint also includes your credit score, so you can see a big picture view of your budget and your personal
What stood out to us when we looked at this app is that everything is in simple terms. Thebudget app connects to your bank so that you can have access to your current transactions and balance at all times. The app analyzes your spending and identifies recurring payments that you need to plan for so that you have a good idea of your what your actual cash flow is. On the home screen, there is a number that shows you how much money is in your pocket now, your income and how much you have spent, which we really liked as well.
YNAB, or, focuses on four rules to help you get your life in order with simple changes. Give every dollar a job, plan for infrequent expenses, roll with the punches if you overspend and learn how to live on last month’s income.
With these four rules, you can skip the pain of a budget and focus on building a better financial life using a budgeting app that works for you.
is a digital envelope budget system that helps you manage your finances using the envelope budgeting method without carrying around a stack of envelopes when you need to make payments. It’s an envelope budget for the digital age.
Instead of trying to reconcile envelopes with a spouse later, your budgets sync across all of your devices from iPhone to Android so everyone knows where money is going. The app can help you learn how to save for big purchases and actually put that plan into place so you can save for a vacation or a new car.
If you’ve been reading long, you know we are huge fans of Personal Capital. I can honestly say thatcomes in as one of the best tools that I have ever used. I am blown away that it’s free because I would 100% pay for it.
When it comes to budgeting and online tools to manage money, we’ve tried a lot! After all, it’s my job now that I’m a personal finance blogger.
Basically, Personal Capital helps you track your spending, look at your retirement portfolio, and track your net worth. For free! Simply link your information and track all of your accounts, all in one place.
One of my favorite things about Personal Capital is the retirement planning tool. This alone is worth the free account. I know people who pay a lot of money for someone to sit there and tell them how much money they could have in 10 years if they saved $1,000 a month. Personal Capital does that for you with a breakdown of returns that you could expect over time.
With this tool, you can set your retirement goals and measure if you are on track to meet those goals. It’s really cool and will have you dreaming about when you can hit that 1 million mark in your accounts, promise.
While Personal Capital isn’t your traditional budgeting app, it lets you see where all your money is going and where it’s coming from. From there, you can build your own budget pretty easily.
I’ve said this before but Personal Capital really is a secret weapon that we use to manage our money with.
If you want to read a full review of personal capitalto head over to our personal finance blog where we detail the good, the bad, and the ugly and show you exactly how to set up your account 100% free.
Personal Capital. It is a tool that has everything you need to manage your money. It helps you track your monthly expenses and income on a high level and it also lets you plan for retirement and set long term goals.
P.S. If you’d like to download an awesome free budgeting spreadsheet that gives you an automatic breakdown of the 50/30/20 budgeting rule just!
Zack is one of the co-founders of FreeUp and is in charge of setting the strategy for the blog and managing the day-to-day operations. When he isn't plotting new ways to create awesome blog content, he likes to geek out about global affairs, ride motorcycles and can probably be found hiking somewhere during his days off.