The 8 Best Budgeting Apps You Must Try

According to Yahoo Finance, 64% of Americans aren’t prepared for retirement. However, whether one has a retirement savings account or not, and no matter what their age is, everybody wants to have some savings for a rainy day.

How do I save more money? This is the question on everyone’s minds, and yet, not everyone has found an answer to it. To help users take better control of their finances, you can invest in budgeting app development.

Therefore, we have curated a list of the 8 best budgeting apps of 2021 to help you understand how other budget apps perform and their top features.

Best Budgeting Apps

We have mentioned the 8 best budgeting applications(you can say best budgeting tools as well) based on their prices, installations, target audiences, and ratings. Please go through all the apps one by one.

AppBest ForPriceInstallsRatings (Google Play StoreDownload
MintPersonal finance newbies
  • Free
10 Million+4.5
189,258 Reviews
App store Play store
TimelyBillsUsers who want to manage bills on time
  • Free
0.5 Million+4.7
24,524 Reviews
App store Play store
DigitUsers who are oriented towards saving
  • Free trial for 30 days
  • $5/month
1 Million+4.6
40,963 Reviews
App store Play store
NerdWalletUsers who need to track every change in the net worth
  • Free
1 Million+4.6
11,346 Reviews
App store Play store
GoodbudgetUsers who believe in the envelope budgeting system
  • Free
  • $6/month or $50 annually
1 Million+4.4
18,939 Reviews
App store Play store
Personal CapitalAdvanced users – to track investments, net worth, and cash flow
  • Free
0.5 Million+4.4
14,663 Reviews
App store Play store
You Need A Budget (YNAB)Visual learners
  • Free trial for 34-days
  • $6.99/month or $83.99 annually
1 Million+4.3
7,313 Reviews
App store Play store
  • Free
  • $3.99/month or $34.99 annually
1,608 Reviews
App store Play store

You can download these apps from Google Play Store and Apple App Store. Now we will discuss all these best financial apps in detail. Let’s dive deeper into each budgeting app.


If you are looking for the best budget app in 2021, you might have come across the Mint budgeting app before. Mint is a free finance tracker app and one of the best household budgeting app that helps people take care of all their personal finance apps and look at their financial status with ease.

Mint budgeting app

Image Source: Mint

Mint is not only available on iPhone and Android but also has an expense manager for PC. It helps track spending with the help of charts and categorizes your expenses and finances to keep track of your spending. Users can easily log in to their financial accounts safely and securely, help them create their savings goals, and motivate them to save more.

Top Features of Mint

  • User-friendly interface
  • Automatically categorizes expenses into categories and displays charts or graphs
  • Sign in using fingerprint, so all your data remains safe and secure
  • Lets users connect bank accounts and check credit scores for free
  • Allows you to check credit score through the app

Pros and Cons of Mint

  • Easy to categorize expenses
  • Can check real-time reports on spending
  • Easy to keep track of monthly bills
  • Create your monthly budget for spending
  • Compare spending trends
  • Can set alerts for spending
  • Interfering ads
  • Problems may occur while synchronizing account
  • Doesn’t support multiple currencies
  • Can not assign multiple savings goals with a single account


If you are looking for a reliable expense tracker & monthly budget planner app, TimelyBills is the right choice. This app comes with a bill payment organizer that helps you to use it as a debt payoff planner and debt tracker. Also, it will help you to give bill payment reminders.


Image Source: TimelyBills

Use the income & payment tracker feature to set up a bi-weekly budget, weekly budget, or monthly budget. Keep track of your spending on shopping, household utilities, and food & groceries and how you are improving every month to save more money.

The TimelyBills feature makes it easy for you to track your expenses. Also, pay bills timely and stay within the budget to save more every month.

Top Features of TimelyBills

  • Best for family money management and know the balance in real-time
  • Gives you upcoming bill reminders, so you always pay on time
  • Effectual reports to provide a 360° view of your money
  • Customize your categories to track all your expenses
  • Support for worldwide currencies

Pros and Cons of TimelyBills

  • Get your spending report in Excel and PDF formats
  • Receive your bill reminders on Gmail or Outlook calendars
  • Monthly report to track spending habits
  • Stay within budget with alerts
  • No option to download transactions from the bank
  • Doesn’t sync with all the bank accounts
  • No calendar to show when you will run out of money


Digit is another excellent app to automate your finances and save for your multiple future goals. It offers a great budgeting tool that automatically analyzes your spending and helps you to save your money at the correct time.

No matter your saving plans, Digit analyzes it and helps you budget more according to your needs. Not only for this cashback but also ensure you are capable enough to pay down debt or save up for an emergency. In addition, digit helps you to log expenses and track spending on your own.


Image Source: Digit

Its features include automated savings, a 0.10% saving bonus, unlimited withdrawals, and a minimum balance requirement. This way, you can set a target for saving and track the progress every time you make any change.

To use the services of Digit, you will be required to link it to your bank account. Then, the algorithm of Digit will analyze your spending and help to transfer money to your Digit account, which you can use over time. These small savings don’t give you a burden and make saving easy and painless.

Top Features of Digit

  • Automated savings make it easy to know when to save
  • Save and settle your credit card debt
  • Easy to save for retirement and reach long-term goals with investing
  • No limit on withdrawals, so get money whenever you want
  • FDIC insured, so money and information is completely safe

Pros and Cons of Digit

  • Check multiple account balance
  • Check paychecks and track irregular income
  • Know your upcoming bills
  • Keep track of recent spending
  • Set feature of saving control
  • Unable to execute transactions via the website
  • Savings algorithms are not perfect
  • Small savings interest
  • Not suitable for long-term savings


If you are looking for expert advice, helpful budgeting tools, and tailored insights for every question related to your goals, turn to NerdWallet. Whether you are investing money for your insurance, student loans, personal loans, or mortgage, get the best audience insights you need to make the most of your money.


Image Source: NerdWallet

You just need to zoom in on your cash flow, or you can also monitor your credit score. To do all of these, you can install the NerdWallet app. This personal finance app will make more smart money moves with personalized financial insights to help you invest better every month.

Top Features of NerdWallet

  • Divide income, expenses, and upcoming bills to show how much you need to spend and save each month
  • Spot trends in your spending to save more
  • Get alerts about the changes to your credit score and personalized tips to build your credit score
  • Link any qualifying card to earn an additional 2-10% cashback for paying at selected stores and online

Pros and Cons of NerdWallet

  • Track your cash flow
  • Easy to calculate your spending and save for each month
  • Identify trends in your spending
  • Easy to monitor your net worth
  • Check on your finances
  • Easy to monitor your credit score
  • Dashboard is not user-friendly
  • Minimal transaction management
  • Only a few transaction categories

Have a Finance App Idea?

Want to validate your app idea? Want to get a free consultation from an expert?


Goodbudget is one of the best budgeting apps recommended by experts from Forbes. This app also works on the traditional envelope system for assigning an amount to various spending categories. It is easy to use, syncs everything and runs smoothly.

Goodbudget app

Image Source: Goodbudget

The best part of having Goodbudget is that it has a forever-free plan that gives limited access to the users. However, there are other plans as well with more access and flexibility, but they come at a cost. Also, allow users to track their spending and divide it up so that it is easier to save.

Top Features of Goodbudget

  • Automatically syncs across Android, iPhone, and the web
  • Add bank accounts and quickly transfer money
  • Helps you share data with loved ones so you can stay on the same page
  • Edit budget as and when needed for emergency funds
  • 10 regular envelopes and 10 annual envelopes available in the free version of the app

Pros and Cons of Goodbudget

  • Everyone in the family can use Godbudget as it is easy to sync across all devices
  • Can move money from another envelope to cover the extra cost
  • Check complete reports on spending
  • Forum support to get feedback from community members
  • Limited free version
  • Doesn’t sync to financial accounts or bank accounts
  • Can’t track investments

Personal Capital

This app has become the prominent choice for many people amongst the preeminent budgeting and financial aggregator apps available. The good thing about this app is that it offers free budgeting software that comes with various tools to help you manage your investments.

Personal Capital

Image Source: Personal Capital

It also ensures to offer essential tools for the investments, such as Fee Analyzer. This tool helps to check the fees you will pay in your retirement plan. Moreover, Personal Capital comes with asset allocations and retirement tools, and a lot of features.

The feature of a Wealth Management plan lets you manage your complete investment. If you have a minimum of $100,000 to invest, then take the premium service of this app at an annual fee of 0.89% and get regular access to financial advisors.

Top Features of Personal Capital

  • Cash flow analyzer to track your income and spending from multiple accounts
  • Retirement planner to help you determine your retirement goals
  • Track assets and liabilities to quickly determine the net worth
  • Easy to contact the personal advisors for any financial help

Pros and Cons of Personal Capital

  • Individual securities are available
  • Free and comprehensive investment management tools
  • Take expert advice of financial advisors
  • Advanced tax optimization strategy
  • Minimum $100,000 should be in your account
  • High management fee

You Need A Budget

You Need A Budget app works similarly to putting money aside in envelopes as soon as you get your salary. The basic rule that users have to follow is to assign every dollar a job – this leads people to get a better idea about where they are going to spend how much.

You need a budget app

Image Source: YNAB

According to the app’s description, most users save up to $200 in just the first month of using the app. Moreover, the application is free to us for the first 34 days because they don’t believe in charging a user if it isn’t helpful enough.

Users can sync their bank accounts or add the transactions themselves manually to always update their bank balance. The app can be accessed across various devices, hence making it easier for users to check their financial status on the go.

Top Features of YNAB

  • YNAB has a feature that allows users to set goals and see how long it will take for them to achieve the goals
  • With details visual reports, it becomes easy for users to understand their spending habits
  • Flexible and best budgeting app to allow users to deal with life in a guilt-free way

Pros and Cons of YNAB

  • Easy to check your financial information
  • Switch between multiple budgets
  • Syncs with over 12,000 banks and multiple devices
  • Easy to track spending
  • Free for 34 days
  • Customizable spending categories
  • No feature for investment tracking
  • Customer support is available only by email
  • No bill tracking features


PocketGuard app for budgeting is one of the leading, easy-to-use, and best finance tracker apps in the USA and Canada. The app aims to help users make money management and budgeting easy and trouble-free.

PocketGuard app

Image Source: PocketGuard

With a 256-bit SSL certificate, the app protects all the sensitive data of the users. The app is surprisingly easy to use even with multiple functionalities, with the UI being neat and user-friendly. The app has both – a free and a paid version for the users.

Top Features of PocketGuard

  • 4-digit pin to ensure that the user’s data is protected even if your phone gets lost or stolen
  • Users receive timely notifications about credit card and loan payments
  • User will get alerts when a bank fee or unprecedented charges are deducted
  • Helps to manage all investment accounts, debit and credit cards, loans, and investment from one place

Pros and Cons of PocketGuard

  • Free to use
  • Best features to accomplish a budget goal
  • Spending limits tool will help you stay within budget
  • Get alerts when you are close to going over
  • Allows you to track cash transactions
  • No phone support
  • Uses your financial information to generate offers for financial services
  • Currently available only in the mobile app version

In case you are still looking for answers to questions like the best money management apps for iOS and Android, best budgeting app software solutions, and if the budget apps are safe to use or not, then refer to the frequently asked questions. Go through all the faqs one by one.

Want to Make a Finance App like Mint and YNAB?

Get your free consultation from our finance app developers.

Frequently Asked Questions

Which are the best budgeting apps for iOS?

  • Mint
  • YNAB
  • Personal Capital

Which are the best budgeting apps for Android?

  • Goodbudget
  • PocketGuard
  • Digit

Which are the best budgeting software solutions?

We have found the following list of the best budgeting software with the help of Capterra, which is the top review website.

  • Float Cash Flow Forecasting
  • NetSuite
  • Budgyt
  • Dynamics 365

Are budgeting apps safe to use?

Security is a major concern. Therefore, these apps are pretty safe because sharing your personal or banking information with a third party will breach the agreement or code of conduct. They know how essential it is to keep your information secure.

Make sure you check for a security section before you link your bank account with the app or sign up. YNAB and Mint are good examples of what to look for in an app to attain security.

Which one is better, a free or a paid budgeting app?

Choosing an app is entirely based on your requirements, whether it is a free app or a paid one. If you are satisfied with all the features of a free budgeting app, you go ahead with the free app. But if it has not all the capabilities that you need, choose the paid app.

However, it doesn’t mean that a free app is not capable of offering the required features. You might be satisfied with the free app but are interested in the additional features of a paid app.


After going through the 8 top budgeting apps, we are sure that you might want to develop one such mobile app of your own. With the help of our consultants, we can assure you that this is the perfect time for you to get started with your budgeting app development.

Thus, if you also have an idea of developing money management apps like Mint or Goodbudget or making your unique best budgeting app, feel free to validate it with us. Then, without giving a second thought to your idea, let’s start working on the feature integration and functionalities.

We are a leading Android and iPhone app development company and have already developed over 20 Finance apps with exclusive features. If you still have any queries like how much it costs to develop a mobile app or make money from a free app, just fill our contact us form, and our sales representative will get back to you to answer your queries. The consultation will be free of cost!

Author Bio
Narendra Purohit
Narendra Purohit
Designation: Vice President (Products)

Narendra Purohit is Vice President (Products) at Space-O Technologies. He has in-depth knowledge about software delivery and 14+ years of experience in the web and mobile app development industry. He has expertise in the photo-video apps, lifestyle apps, dating app industry.