Budget and Personal Finance Apps

A+

Very Transparent

Pros:

• Easy to use
• You can set goals easily
• You can link all of your accounts to create a budget easily
• It’s completely free
• You get your credit score for free

Cons:

• Mint will try to sell you financial products that might not be right for you
• The investment tools are very basic

B

A little complex

Pros:

• There is a great dashboard to give you an overview of your financial situation
• You can quickly see if you are off budget in any categories.

Cons:

• The app has fewer reporting options than other apps

B

A little complex

Pros:

• The app is very easy to use.
• You can link 1 accounts and have 10 envelopes for free.
• 1 year Historic data is included

Cons:

• To get more Envelops and History data you need to get paid app.

B

A little complex

Pros:

• The app focuses on the future and helps with projections.

Cons:

• The app is overly simplistic and gives generic advice

B

A little complex

Pros:

• It is completely free and there are no ads.
• You can set savings goals.
• There is basic tracking available.
• You can upload and access pictures of your receipts

Cons:

• The app doesn’t synch with your account, so you have to manually input everything.
• The app does not perform very advanced analytics on your spending.

C

Lots of fine print

Pros:

• The app seems to do everything: from budgeting to investment planning, it has it all.
• You can get an “investment checkup” – which is a review of your investment portfolio.
• Available everywhere: iPhone, Apple Watch, Android and more.
• Great reporting features to help you see how you are doing.

Cons:

• You can’t customize your asset allocation for investments.
• The budgeting tool could use a bit of work and is light on features.
• You can’t create custom budget categories.

F

Way Too Complex!

Pros:

• You can link 4 accounts and have 25 envelopes for free.
• Makes it very easy to budget for future goals.
• You can easily synch the app with external accounts
• You can track your net worth.

Cons:

• Historic data is not included.
• You will be sold products and upgrades: beware!

C

Lots of fine print

Pros:

• The app is dedicated to a healthy financial life.
• Great user interface
• No ads

Cons:

• This app is light on analytics
• This costs $5 a month or $50 a year.
• Not all desktop features are available on the app.

F

Way Too Complex!

Pros:

• You can easily create a budget
• You can synch all of your accounts

Cons:

• User reviews complain about a large number of bugs still yet to be fixed.

F

Way Too Complex!

Pros:

• This app seems to do everything: from budgeting to investment planning, it has it all.
• It will track your stock portfolio, and keep it updated with real-time stock quotes.
• You can pay bills from within the app.
• There are excellent budgeting tools to help you plan and stay on track.

Cons:

• Keeping all of your banking relationships synchronized can sometimes be painful.
• If you want to speak to a person, the customer service isn’t the best.

F

Way Too Complex!

Pros:

• It is easy to add transactions to the app.
• Great user experience and very easy to use.

Cons:

• You cannot make custom categories for income.

F

Way Too Complex!

Pros:

• Great daily reminders to keep your budget on track.
• You can export your data
• Great user experience with no ads.
• The app makes end of month projections to keep you focused.

Cons:

• It’s only available in iTunes
• It costs money: $1.99
• You cannot synch your bank accounts. Instead, you have to input data manually.
• The app is focused on daily decisions, and doesn’t do a good job of looking at the big picture and planning for the future.