The Best Budgeting Apps for 2021

The covid-19 pandemic has an adverse impact on businesses, jobs, and incomes across the people of the world, forcing almost everyone to rethink their financial plans. Almost 40% of Americans have to borrow money to cover an emergency. So bringing back your finances on track is not as easy as it looks. Keeping a track of every dollar that comes in and what goes out is not an easy task. But it won’t be difficult if you have your budget in place. You will need to spend just a few minutes maintaining and updating it. With the help of a budget app, you will be able to manage your money straight from your phone.

Everyone has a different style of managing their money. So the best budgeting app will depend on your style and goal.

So here is the list of the few best budgeting apps, just find out the best one.


1.YNAB(You Need a Budget)

Best for super detailed budgeters

You need a budget that has a unique approach compare to other budget apps. In many budgeting apps, you have to link your bank account so that the app can track where the money is going. You need a budget(YNAB) does this but gives the user an option to manually add transactions to avoid linking bank accounts. Because there are many people who don’t want to let third-party access their financial accounts.

But if you do want to connect yours, you can. It gives every dollar a job in your budget. These jobs include everything from living expenses, debt payments, saving, and investment. 

The main difference between YNAB and other budgeting app is that YNAB budget the money you only have. It doesn’t allow to create the budget for future incoming dollars.

It not only keeps track of your money but also makes sure you understand the importance of financial management. YNAB offers free daily workshops on budgeting, saving, and more.

After signing up for the app it is free for the first 34 days after that either you can opt for a monthly or annual subscription which is $11.99 monthly or  $84 annually.



Best for simple budgeters who cannot afford YNAB.

 Looking for ways to pocket your cash then this app is for you. This app is very easy in setting up and connecting to your bank accounts. It tracks everything from your earning to whatever you are spending on recurring bills and day to day expenses. It also keeps a track of your deposits made in your saving accounts.

The company uses an algorithm to track your income, expenses` and saving goals to tell you how much you can spend every day. These spending limits make it easy to quit overspending and take control of your financial goals.

The app also offers a smart bill reminder to keep track of due dates and shows where you may be able to negotiate for lower bills. It offers additional features like creating your categories, changing transaction dates, tracking cash, managing ATM deposits and withdrawals, and splitting up transactions. The company also publishes an educational blog for additional opportunities to learn. 

The app offers a free and a premium version i.e PocketGuard Plus for $34.99 per year.



Best for in-depth budgeters.

It is one of the most popular budgeting apps available, with over 20 million users. The app is free and easy to use for budgeters of all levels. It’s a great option for anyone looking to improve their spending habits. It allows you to see all your bank account in one place and keep track of your spending on a daily basis. Mint also offers monthly bill tracking, including payment reminders to avoid late fees. The app also offers the ability to keep track of your investments and check portfolio fees. 


4.Personal Capital

Best for retirement and investment-focused budgeters.

Personal Capital offers a complete investment advising solution. Without paying a cent, you can access Personal Capital’s free money tracking dashboard, which includes some handy budgeting features. It’s like a one-roof shop where you can manage nearly all aspects of your finances. It includes tools to manage cash flow, budgeting, retirement planning, and more. It’s a great app to monitor not only where your money is going, but if you’re on track to meet your retirement goals and other long-term plans. 



Best for simple budgeters who like the manual style.

For basic household money management, you can go with Goodbudget. You have to manually enter all your financial details- every transaction you make and every paycheck you get which will help you to create ‘envelopes’.These virtual envelopes are like categories in other budgeting apps.  Unlike most other apps, Goodbudget doesn’t have you sync bank accounts. You manually enter everything. You can sync your account with a spouse and other household members to stay on track. The free version allows one account, two devices, and limited envelopes. The Plus version, which is $7 per month or $60 annually, offers unlimited envelopes and accounts, up to five devices, and other perks.

Let us know in the comments section which app worked best for you.


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