The Best Budgeting Apps For Android
With so many budgeting apps on the market,
it can be hard to decide which one is the best for you. Simplifi by Quicken,
YNAB, Mint, and Easy Envelope Budget Aid are three of the most popular
budgeting apps. However, there are a few things to consider before choosing
one. Read on to learn about each one. We also discuss which features are most
important to us. And remember, the best budgeting app is not necessarily free.
Simplifi by Quicken
Simplifi by Quicken is a new personal finance app that combines web and mobile access with a desktop version. The cloud-based service is backed by Quicken, a company with more than 30 years of experience in personal finance management. Its user-friendly interface and logical workflow are a welcome change from the traditional Quicken experience. Weighing the pros and cons of Simplifi by Quicken, we were able to see why many consumers have already embraced this budgeting app.
Simplifi shows you how your purchases
affect your ability to stay within your budget. The app allows you to set
specific categories of expenses and to choose to receive notifications each
time you spend a certain percentage of your monthly budget. In addition, you
can view a full breakdown of your income and expenses from the past few months.
This can be especially helpful if you struggle to stay within your budget. The
app also allows you to keep track of your expenses and track your progress
towards your financial goals.
YNAB
YNAB is the best budgeting application for Android devices. It is designed to help you plan your monthly budget and create a financial cushion for unexpected expenses. It also helps you move toward debt-free status. Once you download YNAB, the app shows you the details of the previous month, including your total overspending in each spending category. The app also shows you the amount you have budgeted for the current month and any income you've received to date. You'll have to enter transactions every few days or download them once a week.
YNAB works with major banks and local
credit unions, so you can link your accounts to it. You can also add credit
cards to the app, and set financial goals for them. This allows you to set a
budget for the full balance on all your cards. Although this app is not as
comprehensive as some of its competitors, it allows you to plan for your
finances in advance. This is an important feature for people who are trying to
get out of debt. The average customer will save $600 in the first two months of
using the app, and $6,000 in the first year.
Mint
Unlike most budgeting apps, Mint does not create a single plan for every category. Instead, it recommends budget amounts based on your spending history and allows you to tweak them accordingly. You can also create your own budgets, either weekly or monthly, and you can check off categories when you've reached them. Mint also offers customizable budget categories, which is useful for tying your spending to certain goals.
Once you sign up, Mint keeps track of your
bills, transactions, and account balances. Its bill section automatically shows
the bills you have connected. The app shows how much each bill is due each
month, as well as when the statement was last updated. You can also manually
add other bills. Mint also offers multi-factor authentication. You need to sign
up for the app to access your financial data, but once you sign up, it will
keep track of any future updates automatically.
Easy Envelope Budget Aid
If you're looking for a budgeting app, look no further than Mvelopes. Its envelope-based system helps you keep track of your finances and stop living paycheck to paycheck. You can even link various financial accounts and keep track of your spending automatically. In case your account isn't supported, you can manually input data to keep track of your expenses. In addition, this app has a wealth of financial education resources available to help you get the most out of your money.
There are several budgeting apps available
for mobile devices. Some are free, while others cost a few dollars. The desktop
version has more tabs and allows for multiple accounts. You can set spending
limits for each account. While the app may not offer the most detailed report,
it can help you gauge your spending limits and stay within your budget. Both
have their advantages and disadvantages, and you should choose one based on the
needs of your family.
Zeta
With Zeta, couples can easily budget and manage their finances in one streamlined account. The app lets users categorize transactions into personal or shared accounts, and updates spending data in real time. Couples can also create their own budgeting categories, or use preset categories to keep track of their shared expenses. Moreover, the app lets couples share and track their financial goals without merging their accounts. This feature is a welcome addition for couples who want to make a serious effort to budget together.
The Zeta budgeting app is designed to track
expenses in real time, sync with linked accounts, and enable users to manually
add transactions to their accounts. Users can also assign category tags to
individual transactions, as well as make notes to remember particular expenses
or bills. The app also has a bill reminder feature, which automatically sends
reminders to pay bills on time. Couples will be able to see their monthly
savings for achieving specific goals.
