15 Best Free Budget Apps For 2024 (+ Free Template) (2024)

In this social media era, living above your means has become the new norm.

But it doesn’t have to be. And a free budget app could be the answer.

If you’re done spending money you don’t have to show off for people you don’t like.

You’re in the right place. In this article, we’ll explore the 15 best free budget apps available right now.

Whether you’re a budgeting newbie or a pro, these apps are about to become your new besties.

Let’s jump right in!

15 Best Free Budget Apps

1. Mint

Mint is a popular household name when it comes to budgeting apps.

It offers a comprehensive suite of tools to track spending, set savings goals, and monitor your credit score.

Plus, it syncs with your bank accounts for effortless expense tracking.

2. YNAB (You Need a Budget)

YNAB goes beyond tracking expenses; it teaches you how to allocate every dollar, prioritize savings, and break the paycheck-to-paycheck cycle.

Their budgeting philosophy is backed by a supportive community and top-notch educational resources.

3. PocketGuard

Consider PocketGuard your financial guardian angel.

It analyzes your spending, identifies opportunities to save, and even helps you negotiate lower bills.

Think of it as your personal finance watchdog.

4. Personal Capital

Serious about planning for the future? Personal Capital offers tools for budgeting, investment tracking, and retirement planning – all in one free package.

It’s like having a financial advisor in your pocket.

5. Goodbudget

Embrace the envelope system with Goodbudget’s digital twist.

Allocate funds to different categories, track expenses in real-time, and stay on top of your budgeting game with ease.

6. EveryDollar

EveryDollar follows Ramsey’s budgeting principles to help you take control of your money and achieve your financial goals. It’s simple, straightforward, and oh-so-effective.

7. PocketSmith

Forecasting your financial future has never been easier with PocketSmith.

Visualize your cash flow, set long-term goals, and make informed financial decisions with confidence.

8. Wally

Wally combines simplicity with effectiveness. Track expenses, set savings goals, and even scan receipts for hassle-free record-keeping. Its budgeting made easy.

9. Clarity Money

Say goodbye to wasted dollars with Clarity Money. From bill negotiation to subscription tracking, this app helps you save money in every way possible. Your wallet will thank you.

10. Truebill

Stop overpaying for unused subscriptions with Truebill. This app identifies recurring charges, helps you cancel unwanted subscriptions, and puts more money back in your pocket – where it belongs.

11. Albert

Think of Albert as your personal finance expert. It offers tailored budgeting advice, automates savings, and even provides cash advances when you’re in a pinch. Say hello to financial peace of mind.

12. Honeydue

Keep your finances in sync with your partner using Honeydue. Track joint expenses, set shared budget goals, and exchange cute emoji-filled reminders to stay on track together.

13. Dollarbird

Get a bird’s eye view of your finances with Dollarbird’s intuitive calendar-based interface.

Input income and expenses, plan for upcoming bills, and watch your financial future unfold.

14. Expensify

Ideal for business expenses, Expensify also doubles as a handy personal budgeting tool.

Snap photos of receipts, track mileage, and stay organized without breaking a sweat.

15. Toshl Finance

Toshl Finance offers a colorful interface, customizable categories, and handy features like bill reminders to keep your finances in tip-top shape.

Budget Tracker Template

Managing your finances is within reach with the right tools and resources.

With these 15 free budget apps, you’ll be well on your way to financial freedom.

Say goodbye to generational curses of poverty and hello to a growing bank account.

Head over to our Free Career Center to download 20 career development resources including our free budgeting tracker template!

Remember the journey towards financial independence will take time. Be patient with the process my friend!

Over To You

Which free budget app are you downloading this year? We’d love to hear about your experience using these apps.

Let us know in the comments section on social @netwerkmovement.

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15 Best Free Budget Apps For 2024 (+ Free Template) (2024)

FAQs

What is the number 1 free budget 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

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.

Which software is best used to create a budget? ›

  • The best budget apps.
  • YNAB, for hands-on zero-based budgeting.
  • Goodbudget, for hands-on envelope budgeting.
  • EveryDollar, for simple zero-based budgeting.
  • Empower Personal Dashboard, for tracking wealth and spending.
  • PocketGuard, for a simplified budgeting snapshot.
  • Honeydue, for budgeting with a partner.
Feb 20, 2024

How do I create a budget template? ›

To build a budget spreadsheet, follow these steps:
  1. Choose your software and template.
  2. Calculate your income.
  3. Categorize your expenses.
  4. Decide how often to update your budget.
  5. Enter your numbers.
  6. Maintain and stick to your budget.
Jan 31, 2024

Is there a completely free budget app? ›

By dividing your funds up into digital envelopes labeled with their purposes, such as rent, groceries, bills and entertainment, the Goodbudget app helps you track spending while giving every dollar a purpose. Plus, the free version offers plenty of functionality.

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. On March 23, Mint users will no longer be able to access their account data, which could include over a decade of their spending and financial history.

Which is better mint or rocket money? ›

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.

Is Mint free to use? ›

Mint is available in both a free and paid version. The paid version is called Mint Premium and costs $4.99 a month.

Are there better budgeting apps than Mint? ›

Empower Budgeting App

Empower —formerly Personal Capital—is a solid place to manage both your banking and investment accounts. It started out as an investment tool, which does cost extra for its management services, but its budgeting and spending tracker is free.

Is Mint still shutting down? ›

Mint, a budgeting app acquired by Intuit in 2009, is shutting down as of Saturday, March 23, 2024. Mint shows users an overview of their financial well-being by displaying the current status of multiple linked accounts on one screen.

What is the simplest budget system? ›

1. The zero-based budget. The concept of a zero-based budgeting method is simple: Income minus expenses equals zero. This budgeting method is best for people who have a set income each month or can reasonably estimate their monthly income.

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. The savings category also includes money you will need to realize your future goals. Let's take a closer look at each category.

Does Google have a budget template? ›

Google Sheets has a few free budget template options for budgeting, such as an annual budget template, a monthly budget template, and an expense report.

Does Microsoft Office have a budget template? ›

DIY with the Personal budget template

Prefer to do things yourself? This Excel template can help you track your monthly budget by income and expenses. Input your costs and income, and any difference is calculated automatically so you can avoid shortfalls or make plans for any projected surpluses.

What is the best and safest budget app? ›

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

Is Rocket money or Mint better? ›

Mint is a budgeting app first and foremost, whereas Rocket Money is a personal finance app with budgeting, credit reporting, and bill negotiation features. This means Mint is more comprehensive for creating custom budgets and managing your spending, but Rocket Money has more features overall.

Is Mint budget free to use? ›

There is no fee to use the basic version of Mint. However, if you decide you don't want to deal with the ads that come with the free version, you can get the ad-free version of the app for $0.99 a month. If you want to upgrade to Mint's premium version, which is also ad-free, it will set you back $4.99 a month.

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