December 2, 2024

The 7 Best Budgeting Apps of 2025

In the past, managing your finances was like putting together a puzzle with no picture on the box. You might have had a spreadsheet, or worse, a journal with a mess of notes.

Today's smart tech has changed the game, bringing HD clarity to your financial picture, piece by digital piece. And it’s all thanks to budgeting apps that transform your smartphone into a personal money manager.

By connecting to your bank accounts and analyzing your spending patterns, these tools will help you understand and improve your money habits without breaking a sweat. In this guide, you’ll learn about the best budgeting apps on the market today and discover which one fits your personal finance habits and goals.

The 7 best budgeting apps

Budgeting apps come with a wide variety of features and budgeting approaches. Let’s take a look:

1. YNAB

YNAB isn't just another budgeting app — it's a complete personal finance philosophy. This powerful budgeting tool uses zero-based budgeting, which means giving every dollar a specific job before you spend it.

YNAB's system revolves around four core rules:

Give every dollar a job. Map out exactly where your money needs to go before spending it.
Embrace your true expenses. Turn big irregular expenses like vacations and annual insurance costs into manageable monthly savings targets.
Roll with the punches. Stay flexible and move money between categories when you overspend.
Age your money. Build a buffer by gradually increasing the gap between earning and spending.

YNAB has a steep learning curve if you're not yet familiar with zero-based budgeting. Additionally, this budgeting tool's $14.99 monthly price tag (or $99 annually) is higher than many other budgeting apps. That said, the average user saves $600 in their first two months and $6,000 in their first year, so it can be worth it if you learn how to use the app effectively. A free 34-day trial can help you decide.

2. Honeydue

Honeydue is one of the best budget apps for couples. This tool transforms money management from a solo venture into a team effort, letting partners track spending and coordinate bills together while maintaining privacy where needed.

Honeydue connects with over 20,000 financial institutions across five countries, making it easy to monitor all your personal finance accounts in one place. Partners can chat about transactions right in the app, set bill reminders to avoid late payments, and even react to purchases with emojis. You control what you share, so you can keep certain expenses private or make them visible to both parties.

There are a few limitations to consider before getting on the Honeydue train. There's no desktop version available, support is limited to online forums, and the app lacks robust savings goals features.

But Honeydue is one of the best free budgeting apps, asking only an optional monthly tip if you love the software. A joint banking account with a free debit card is also available for couples who want to manage shared expenses.

3. Rocket Money

Rocket Money helps you save by hunting down sneaky subscriptions and lowering your bills. This budgeting app doubles as a money-saving app, automatically finding recurring charges across your accounts and even offering a concierge service to cancel unwanted subscriptions for you. Plus, Rocket Money's bill negotiation team will optionally haggle with service providers on your behalf, though they'll take 35-60% of your first year's savings if successful.

Rocket Money helps you track spending, set savings account goals, and even monitor your credit score using a clean dashboard. You can link multiple accounts to see your complete financial picture, and the app sends alerts when it spots unusual charges or low balances.

If you have a big financial portfolio, keep in mind that Rocket Money's investment tracking features are basic, and traditional financial reports are limited.

There's a free version of Rocket Money, but like most free budgeting apps, functionality is limited to a few simple features like account management and notifications. Premium features (including the subscription cancellation service) cost between $6-12 monthly, with a 7-day free test drive.

4. Simplifi

With over 40 years of experience and over 20 million customers, Simplifi brings trusted technology to personal finance management. This budgeting app takes a flexible approach to meeting your savings goals. You can create and track unlimited savings targets across your existing accounts, with no need to open new ones. Simplifi analyzes your finances to create a tailored spending plan that includes your income, bills, and savings targets.

Simplifi also gives you detailed reports on spending, income, and investments, plus real-time alerts for the transactions that matter to you. The app automatically categorizes your spending to help you track expenses without manual input, and you can create custom categories for a more personalized view of your finances.

But there are some limitations to consider. There's no free version, and the tax and business reporting features are limited.

Simplifi plans start at $2.99 monthly (billed annually) for the basic version, while the premium version costs $3.99 monthly (billed annually) and adds features like built-in tax reports and in-app bill pay.

5. EveryDollar

EveryDollar helps users find extra money in their budgets. The company claims that most people find up to $400 to use for debt payments and cut monthly expenses by nearly 10% in their first month. You can create unlimited custom categories to match your payment patterns, while the paycheck planning feature helps you plan out spending based on when you get paid.

The premium version connects to your bank accounts to automatically stream transactions into your budget. You'll also get tools to track your net worth, set savings account goals, and create a financial roadmap. Premium users also have access to live customer support. These are attractive perks, but the app lacks some features like bill negotiation and subscription management that you'll find in other budgeting apps.

The premium version costs $17.99 monthly or $79.99 annually after a 14-day free trial. There's a free version but it has minimal features and you must track transactions on your own.

6. PocketGuard

PocketGuard helps more than 1 million members take charge of their personal finances. This budgeting app connects to over 18,000 financial institutions, syncing your transactions in real time to give you a complete view of your spending and savings.

PocketGuard offers flexible budgeting tools, including custom categories and rollover budgeting to match your spending habits. You can track patterns, set custom savings goals, and even create a personalized debt payoff plan. PocketGuard also helps you manage recurring payments, bills, and subscriptions all in one place.

There are a couple of drawbacks to factor into your decision. PocketGuard's interface can feel cluttered at times, and some users report occasional delays in transaction syncing.

PocketGuard costs $6.25 monthly when billed annually ($74.99/year) or $12.99 month-to-month.

7. Goodbudget

Goodbudget brings the classic envelope budgeting system into the digital age. Building on old-school physical envelope budgeting systems, you divide your money into virtual envelopes for different spending categories, helping you stick to your budget by showing exactly how much you have left to spend in each area at any given time.

Goodbudget lets you sync and share your budget across devices, making it easy for couples or families to stay on the same page with their spending. You can track debt payoff progress without sacrificing putting money toward your savings goals, and the app helps you plan ahead for major purchases.

The free version of Goodbudget is somewhat limited, restricting users to one account, twenty envelopes, and two devices. There are also no investing tools or resources available.

Premium users, who pay $10 monthly or $80 annually, get automatic bank sync, unlimited envelopes and accounts, support for up to five devices, and seven years of transaction history.

How do budgeting apps work?

Budgeting apps are digital tools designed to help you manage your personal finances. They connect to your accounts to automatically track your income and expenses, giving you a real-time view of your spending patterns, savings progress, and overall financial health.

Benefits and disadvantages of budgeting apps

Let's look at what makes budgeting apps shine and what makes them fall short:

Advantages

No more money mysteries. Budgeting apps give you crystal-clear visibility into your spending habits and patterns.
Putting your savings on autopilot. Automation helps you reach your financial goals faster with less work.
Tracking everything in one place. Many types of goals, from emergency funds to vacation savings, become easier to manage.
Stressing less about money. Having everything organized in a single dashboard brings peace of mind.

Disadvantages

Premium features come at a cost. The best tools and features usually require a paid subscription.
Bank syncing isn't perfect. Some apps struggle to maintain reliable connections with certain institutions and might not sync instantly or at all.
Might have a learning curve. Getting comfortable with a new app's features and philosophy takes time.

Features to look for in a budgeting app

So, what is the best budget app? That depends on your personal lifestyle and money goals. But most of the best budgeting apps have a few things in common:

Bank compatibility comes first. Check whether the app connects smoothly with your financial institutions. There's no use paying for an app that can't access your accounts.
Goal-setting should be a breeze. Look for tools that make it fun and easy to create, track, and crush your savings targets.
Smart categorization saves time. The app should sort your transactions automatically while letting you create custom categories that match your real-life spending habits.
Security can't be an afterthought. Your financial data needs top-tier protection, so look for bank-level encryption and security features.

Stick to your budget with EarnIn

Budgeting apps can make your spending more transparent, but that’s just one piece of the puzzle. With EarnIn’s Tip Yourself tool, you can reward yourself for good financial habits — helping you stay on track with your goals.

And EarnIn’s Cash Out tool lets you access your pay as you earn it — with no interest and no credit checks — to help you avoid digging into savings or taking on debt.²

Whether you're using YNAB, Goodbudget, or another top budgeting app, EarnIn can offer the extra support you need to help manage your cash flow and stick to your budget — whatever life throws your way.

Download EarnIn and start making the most of your money today.

Please note, the material collected in this post is for informational purposes only and is not intended to be relied upon as or construed as advice regarding any specific circumstances. Nor is it an endorsement of any organization or services.

1. EarnIn is a financial technology company, not a bank. Tip Yourself Account funds are held with Evolve Bank & Trust, member FDIC and FDIC insured up to $250,000. Tip Yourself is a 0% Annual Percentage Yield and $0 monthly fee service. Your Tip Yourself Account and any Tip Jars are not Savings Accounts. For more information/details visit https://www.earnin.com/evolve-bank-and-trust

2. EarnIn is a financial technology company, not a bank. Banking services are provided by our bank partners on certain products other than Cash Out. Subject to your available earnings, Daily Max and Pay Period Max. EarnIn does not charge mandatory fees for use of its services. EarnIn does not charge interest on Cash Outs. EarnIn services may not be available in all states. Restrictions and/or third party fees may apply, for more information please visit http://EarnIn.com/TOS