The 6 Best Budget and Money Management Apps of 2024 (2024)

If it feels like your money is flying out the door, these apps will help you find just where it's going. Once you get the right app set up, you'll be able to pinpoint the problem and proceed to patch the leak.

01

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Best Money Management App: Mint

The 6 Best Budget and Money Management Apps of 2024 (1)

What We Like

  • Free access to your credit score.

What We Don't Like

  • May not be appropriate for those with complex finances.

This free and widely respected app from the makers of TurboTax® can help you with several financial tasks: make budgets, track spending, pay bills, and keep an eye on investments. It allows you to connect all your accounts, including banks and credit card providers. Convenient features include bill payment reminders and customized budget tips based on your spending habits.

The clean and colorful interface makes it easy to see where you stand at any given time. Use this app across multiple devices, including your Mac, PC, tablet, or phone.

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02

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Best Budget App: You Need a Budget

The 6 Best Budget and Money Management Apps of 2024 (2)

What We Like

This award-winning app can help you take control of your financial life by creating the one tool anyone with money needs: a budget. After you create your budget, the app uses an easy interface to help you to stay focused on your spending and saving goals.

That means no more surprises at the end of each month. Of course, it’s easy to change your budget any time your income or needs shift. You can try the app (which syncs across all your devices) for free, then pay a subscription fee if you decide to keep it.

Budgeting isn’t a once-and-done activity. Don’t be afraid to adjust upward or downward if you see you’re consistently spending more or less than you expected in a particular category.

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03

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Best Easy Investment App: Acorns

The 6 Best Budget and Money Management Apps of 2024 (3)

What We Like

  • All transactions are automatic based on how you set up your account.

What We Don't Like

  • Investing only spare change may not be adequate to meet your financial goals.

  • The monthly fee may seem insignificant, but unless you're investing hundreds of dollars a month it can be significantly higher than other robo-advisor investment platforms.

You know it’s smart to invest some of your money, right? But it’s easier said than done. Rather than trying to find the right investment options and doing lots of transactions, let Acorns help you out.

It uses the spare change you accumulate throughout the day and invests it in a diversified investment portfolio (a combination of stocks and bonds that you own). Or, save specifically for retirement by using an IRA recommended just for you. There is a fee associated with service.

When investing with Acorns you can be as conservative (low risk / low reward) or aggressive (high risk / high reward) as you like.

Download for:

Best Finance Tracker: Quicken

The 6 Best Budget and Money Management Apps of 2024 (4)

What We Like

  • Quicken is a well-known and well-respected provider of personal finance software.

What We Don't Like

  • It’s more expensive than other apps.

This robust personal finance software allows you to view all your financial accounts (including banking, credit cards, investments, and retirement) in one place. It also includes features that help you manage your spending, view and manage your bills, and track your investments.

The program is designed for desktop/laptop use, but there is a companion app you can download to help manage your finances on the go. Quicken is more expensive than the competition, but it does cover many types of accounts.

Tip:The Premier version is especially useful for managing investments.

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If you are a mobile-only person, Quicken has a separate called Simplfi. Apps for Android and iOS are available.

05

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Best Finance App for Couples: Goodbudget

The 6 Best Budget and Money Management Apps of 2024 (5)

What We Like

  • Simple screens help you easily understand what you’ve spent compared to your budget.

What We Don't Like

  • There’s no way to connect directly with your financial accounts, so you must manually enter information.

Based on the timeless “envelope” budgeting system, in which you set aside a sum from your paycheck for each spending category, Goodbudget helps you create a budget, share it with your partner, and stick to it. Use it to ensure there’s enough cash on hand for day-to-day spending, saving, and giving.

The sharing feature helps you avoid those “uh-oh” moments when one partner spends on something not in the budget, creating problems when that next unexpected expense comes along. Use the app for free, or sign up for the Plus version to get unlimited accounts and envelopes, and upgraded support.

Download for:

06

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Best Work Expense Tracker: Expensify

The 6 Best Budget and Money Management Apps of 2024 (6)

What We Like

  • It's easy to use.

What We Don't Like

  • Some users have reported glitches and bugs.

Business travel can be a hassle, and tracking expenses (such as hotels, food, and gas) is one of the worst parts. But you can make it easier with the Expensify app. Just snap a photo of each receipt, and create an expense report to turn in to your employer. Or set up an account to receive immediate reimbursem*nt.

Additional features include automatically importing expenses purchased with a personal or corporate card that you indicate, automatic expense categorization, and custom reports. The app is free for a limited number of scans per month, and then a fee applies after that.

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The 6 Best Budget and Money Management Apps of 2024 (2024)

FAQs

What is the #1 budgeting app? ›

The best budgeting apps, ranked*
RankingPlatform nameMobile app availability
1Rocket MoneyBoth iOS and Android
2SimplifiBoth iOS and Android
3YNABBoth iOS and Android
4Monarch MoneyBoth iOS and Android
10 more rows
Feb 23, 2024

How to manage finance in 2024? ›

Steps To Plan Your Finances In 2024
  1. Conduct a Financial Health Checkup. ...
  2. Set Clear Financial Goals. ...
  3. Plan for Retirement. ...
  4. Build an Emergency Fund. ...
  5. Clear High-Interest Debts. ...
  6. Evaluate Insurance Policies. ...
  7. Evaluate Your Investment Portfolio. ...
  8. Plan your Taxes.
Jan 11, 2024

What's the best app to help with finances? ›

Best budgeting apps
  • Best app for planners: Simplifi by Quicken.
  • Best app for serious budgeters: You Need a Budget (YNAB)
  • Best app for beginner budgeters: Goodbudget.
  • Best app for investors: Empower.
  • Best app for over-spenders: PocketGuard.
  • Best app for couples: Honeydue.

What is the budget app Dave Ramsey recommends? ›

Yes, EveryDollar is the Ramsey Solutions budgeting app, so I'm going to sound a little biased. But that's because it was built on all the principles we've been teaching for over 30 years and gives you access to all the things we know will help you win with money!

What is the best and safest budget app? ›

Best Budgeting Apps Of May 2024
  • YNAB (You Need A Budget): Best for Setting Goals.
  • Empower Personal Dashboard™: Best for Tracking Net Worth.
  • Goodbudget: Best for Envelope Budgeting.
  • Oportun (formerly Digit): Best for Passive Saving.
  • PocketGuard: Best for Tracking Spending.
  • Stash: Best for Automated Investing.
3 days ago

Why is Mint shutting down? ›

According to its parent company, Intuit, Mint wasn't making enough money, so Intuit began the app's closure in January.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

What are the personal finance changes in 2024? ›

Key Findings. The federal funds rate is expected to drop by 150 basis points (1.5%), from 5.3% to 3.8%, by the end of 2024. Commercial lending rates are almost certain to drop alongside the federal funds rate, providing an opportunity for borrowers to refinance high-interest loans.

What is financial forecast in 5 years? ›

What is a Five Year Financial Forecast? A five-year financial forecast is a tool that can be used by businesses to plan for the future. The forecast can be used to estimate future revenue and expenses, and to make decisions about how to allocate resources.

What is the most commonly used money management app? ›

Let's explore some of the most popular budget apps to help you:
  1. Goodbudget. The goodbudget app is based off the envelope system and is designed to help you budget your money by dividing your income into different categories and tracking your expenses. ...
  2. Everydollar. ...
  3. PocketGuard. ...
  4. YNAB. ...
  5. Simplifi.
Jan 6, 2024

What is the best budget app without linking accounts? ›

The YNAB app is the best budget app if you're not interested in linking anything directly to your bank account. While YNAB does allow you to automatically sync your accounts and many people prefer to do it that way, you don't have to.

What is the best free money saving app? ›

Best money-saving apps compared 2024
TitleBest for
AcornsInvesting spare change
RevolutHands-off investing
QapitalGoal setting
OportunSimplicity
7 more rows
Apr 9, 2024

What is better, Rocket money or Mint? ›

Premium Rocket Money users also get credit reports and real-time alerts for changes impacting your credit score. But we prefer Mint over Rocket Money for credit reporting and monitoring since it's free. Winner: Mint offers free credit reports and monitoring.

Does Dave Ramsey have a budget planner? ›

Amazon.com: David Ramsey Budget Planner. Check each product page for other buying options.

What is the difference between Simplifi and mint? ›

Quicken by Simplifi presents a flexible, personalized budgeting approach, adapting to monthly spending habits for a straightforward experience. Mint utilized traditional budgeting tools, requiring more time for setup and maintenance but providing detailed spending limits and custom budget categories.

Is Mint better than EveryDollar? ›

Mint is closing their budgeting app on March 23, 2024. The EveryDollar budgeting app offers similar features to what Mint offered. EveryDollar has a free and paid version. EveryDollar is one of the few free options and is more customizable than other competitors in the free budgeting app space.

Are there better budgeting apps than Mint? ›

YNAB Money Management Tool

One of the biggest Mint competitors is You Need a Budget, or YNAB. It can get very specific in your expense tracking and categorization. Most folks love it because of that, as well as its zero-based budgeting method.

Is Mint still a budget app? ›

The Mint budgeting app officially shut down on March 23, 2024, and users can no longer access their data on the app.

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