The best budgeting apps based on the type of expense you are

0
Image of the article titled The best budgeting apps based on the type of expense you are

Photo: Stockkete (Shutterstock)

If you’re looking for a way to track your expenses and stay on top of your budget, you’ll need to choose the right expense tracker app. There are many to choose from, so your choice may vary depending on what’s important to you – things like convenience, whether you’re sharing expenses, whether you’re self-employed and how long you travel.

Mint is the best free app

mint is free and one of the best known apps for track your expenses and help you create a budget. It’s not as feature-rich as some of the other options on this list, but it’s a great choice if you’re moderately experienced and are to look for something it’s neither too complicated nor too expensive.

Goodbudget is the best app for beginners

If you’re new to tracking your expenses, good budget may be a good choice for you. Goodbudget members get 20 “envelopes” for free (think back to when you might have put money for certain categories in envelopes). ButTo access more envelopes, you will need to upgrade to Goodbudget Plus, which costs $8 per month or $70 per year.

YNAB is the best app to track every detail

YNAB is short for “You Need a Budget”, and it’s one of the most popular expense tracking apps available. YNAB is ideal for those who want to track every detail of their expenses and budget. It’s a bit more expensive than some of the other options on this list, but it offers a 34-day free trial. After that, YNAB costs $14.99 per month or $98.99 per year. People who don’t need as much granularity or functionality might not want to pay YNAB’s higher prices, but if you want the most functionality, YNAB is worth it..

Splitwise is the best way to track expenses shared with other people

If you share expenses with other people, such as roommates, family members or a partner, Splitwise can help you figure out who owes what. Iyou also really works good for trips you take with other people. It’s a great choice for those who need to track shared expenses and keep everyone accountable.

Splitwise allows users in the same group to “simplify spending”. If Person A owes Person B $20 and Person B owes Person C $20, Splitwise will automatically simplify the expense so that Person A owes Person C $20. done outside of the app via Venmo, PayPal, cash, or other transfer. Splitwise is free, but there is a paid premium version that costs $2.99 ​​per month or $29.99 per year. The premium version includes features such as receipt scanning, currency conversion and expense search.

TravelSpend is the best app to track expenses in multiple currencies

TravelSpend is a great choice if you travel abroad often or need to track your expenses in multiple currencies. It’s easy to use and offers plenty of features, including the ability to track expenses in multiple currencies, set budgets, and categorize expenses. Users can also track their expenses on a map based on GPS location when the expense is added to the app. TravelSpend is free.

Quickbooks Self Employed is the best app if you are self employed

Independent Quickbooks is an excellent choice for those who are independent or have side activities. It helps you track things like your Income, expenses and car mileage. Independent Quickbooks too syncs with your bank and credit card accounts to record expenses, then users can swipe left on business expenses (and recategorize them if auto-categorization isn’t correct) and swipe right on expenses personal. This also offers some features that other expense tracking apps don’t, like the ability to track your mileage (useful for tax purposes) and create invoices. Quickbooks Freelancer costs $15 per month or $120 per year.

Share.

Comments are closed.