Money is hard to make and easy to spend. Saving more money is at the top of most New Year resolutions. There are many tips on saving money, but for me, the most important is to start tracking your spending habits. These are the best free budget apps for iPhone and Android users.
My dad once challenged me to track everything I had bought in a day. This was in my first year in college when I was trying to build my savings culture. I took a piece of paper and reflected on all I had bought that day. After seeing how much I spent, I was appalled. I made some cutbacks and started saving the excess. Tracking my expenses helped me greatly.
Best Free Budget Apps To Help You Manage Your Money Better
You can only improve your savings if you change the way you spend. You can only improve your spending habits if you know how you spend money. These free money management apps are tested, trusted and have excellent reviews. You can try a few of them to see the one you love.
Mint:
Mint is a budgeting app, bill tracker, and financial planner all in one. It combines all of your personal finance essentials together; from account balances to credit health, debt management to bill reminders, spending to your free credit score, net worth and more. There’s a reason this app appears on every list of budget apps. It’s because it is simply one of the best money management apps. Download it.
Spending Tracker:
This is the best free budget app for beginners. It’s simple, easy to understand and straight to the point. It helps you take control of your finances in a cut and dried way. Download it.
Honeydue:
This is the best free budget app for couples or friends who want to save together. You can use it if you aren’t in a relationship but it truly comes alive when used with someone else. I love the simple interface and it tracks accounts, without forcing you to connect your bank accounts. Download it.
Monefy:
I’m a sucker for the spending tracker charts on this budget app. However, it only allows you to set one budget plan, which is why it rarely appears on lists of budget apps. Download it.
Goodbudget: Budget & Finance:
Goodbudget (formerly EEBA, the Easy Envelope Budget Aid) is a money manager and expense tracker that’s great for home budget planning. This personal finance manager is a virtual update on your grandma’s envelope system. It’s a proactive budget planner that helps you stay on top of your bills and finances. Download it.
Spendee – Budget and Expense Tracker & Planner:
Manage all your money with ease from one place with Spendee. Track your income and expenses, analyze your financial habits and stick to your budgets. Download it.
Which of these free budget apps will you use? Let me know in the comments below. Use these apps to find friends and couples can use these love apps to have fun.
Ndewoo!
*Images belong to their respective copyright owners.
