Menu Close

The 10 Best Budget Apps and Personal Finance Tools for 2019

best budgeting tools
finance blogWe’ve got your back! Finance Blog is a completely free website 100% focused on helping Americans get the answers they need. Read more

Want to Make Smarter Money Moves?

Want to build a budget in a digital, easy-peasy way? Try these ten helpful mobile budget tools.

One of the most important responsibilities that one needs to take over as an adult, for themselves and/or their family, is managing the financial aspects of the household. Managing the finances of a household would include keeping a keen eye on the income and expenditures, maintain a good savings rate and prepare a nest egg which can be used for any unforeseen future expenditures.

Though an important task, it can be a very complicated one and many do not know the first step to managing their finances. Though many people opt to get help from financial advisors that have a degree in masters in finance, they can provide some insight but these professionals are generally costly.

However, with the development of today's technology, free help is available on your smartphones. There are many financial management apps available on your phone which can help you manage your money for free.

The best budget apps

I downloaded dozens of the best budgeting tools and narrowed down the best 5 out of the bunch. My overall ranking system was predicated on how easy it was to help you do one thing and the number one rule in personal finance: spend less than you earn.

Here are a couple more rules to follow before choosing:

1. The budgeting app should be simple to use

No need to get fancy — you should be able to download and start using your budgeting app without any major complications. Creating a monthly budget should be easy but if you need a tutorial to get started — use another one.

2. It should be cheap or free

When you are looking to create a monthly budget — don't spend any money. There are a lot of apps out there that are free and allow you to budget without cutting into your budget. Start with something simple and cheap and stick to it!

The best budgeting tools and apps can help you easily monitor, save and invest your money. Our favorites include Mint, Acorns, Personal Capital and YNAB.

Best overall saving and budgeting apps: Mint and Acorns


Mint is one of the most popular financial management applications among professionals looking to handle their money better. Mint offers its users the opportunity to link in their investment accounts along with the budgeting tools that they offer. However, they are primarily known for the great work that they have done with the budgeting tool.

If you like to have a pre-determined and a well-developed plan of how to use your money in the following month, then this tool is right for you. Mint allows you to create multiple categories for your budget and transactions. The app, once linked to your account, will pull transaction information from there to have it in one location. The application can also be programmed to remind you to pay bills on time.

best budgeting tool mint
Take charge of your finances with Mint's online budget planner. The free budget tracker helps you understand your spending for a brighter financial future.


Acorns function primarily as an investment app rather than a budgeting app. This application will help you take the first step into investing your money. The application starts by taking virtual change out of one’s bank account, splitting the difference and then investing the amount with basically no effort.

Apply for a New Credit Card

financeblogBlue Cash Everyday® Card

Earn $250 Back after you spend $1,000 in purchases on your new Card in your first 3 months.

Apply Now

The app will help you with rounding the transactions, set up recurring withdrawals and one-time transactions. The app has a shopping feature, Found Money, which when used to buy certain brands, these brands will auto-invest in your Acorns account.

best budgeting tool acorns
Invest your spare change automatically. Join almost 4000000 people saving and investing every day. Sign up in no time to save and invest more money.

Best budgeting app for hands-on users: YNAB


YNAB, which stands for You Need A Budget, is a paid app with a monthly subscription of $6.99 where the first-month fee is waived. The app claims that it has been able to help users save up to $200. If not as much, you will still end up saving a good amount of money.

The app helps you with making early decisions as to where the money is going to go. You will be asked to think ahead of time to the future commitments that you are going to put on the money that you have. this can range from investing to save up for a vacation to paying the bills to buy basic groceries. The app, like most other management apps, let you link to your bank account.

ynab best budgeting tools
You Need a Budget combines easy software with Four Simple Rules to help you quickly gain control of your money, get out of debt, and save more money faster!

Best tool to evaluate investment accounts: Personal Capital

Personal Capital

Personal Capital is considered to be one of the best finance management applications currently available on our phones. The application can be used to track one's budget and link it with the various investment accounts to have that information show alongside. The intuitive and easy to use interface is very visual and is available on all platforms; desktop, laptop, phones, and tablets.

The application provides your investment information in graph form, categorized as an asset class, investment account or individual investment. One can also get professional help from investors. The primary advantage is the inclusion of investment accounts into the financial equation, giving a more wholesome picture.

best budgeting tool personal capital
Take control of your financial life with Personal Capital. Get access to insight-driven wealth advisory services and free online financial tools.

Best app for stopping spending: Mvelopes


This application takes more of an old school approach to budgeting and saving money. Early in the day, people will divide up their cash in envelopes for specific tasks and only spend that much. Mvelopes create virtual envelopes in which the user can divide up their cash for specific categories.

The application goes through your credit-card and digital spending and creates a cash equivalent budgeting system and tracks the expenditure. The application takes care of most of the heavy lifting. The envelope isn’t free and has a beginner’s plan of $4 per month.

mvelopes budgeting apps
Mvelopes is an envelope budgeting system which reduces financial stress and can help people save 10% on their living expenses and reduce debt quicker than ever.


Wally functions as a simple budgeting and financial management app, but it comes with some extra bells and whistles which, though an extra add on, are very interesting to explore. One of the features which have made Wally a fan favorite is that it supports all currencies, perfect for an international business official.

Every log in reminds you of the money in the bank account and the money left in the monthly budget. One can also save all receipts in the form of pictures for any future purpose.

wally budgeting apps
Take control of your money with Wally. Understand where it goes. Balance income and expenses. Set and achieve financial goals. Seamlessly and intuitively.


Good Budget, like Mvelopes, earlier discussed, is based on the old budgeting technique of using envelopes. In the beginning, the user is given ten envelopes, but one can boost this to unlimited envelopes after upgrading by paying $6 per month. Once one envelope is empty, you must stop spending, or move money from another envelope.

The application gives you the option to create a budgeting system for the whole home which is can be shared among the members.

goodbudget budgeting app
Personal and household budgeting system for the Web, Android and iPhone. Keep track of money to spend, save, and give toward what's important in life.

Best app for banking and budgeting: Simple and Spendee


Simple doesn’t function just as a budgeting app, but it’s like a whole bank and it basically replaces your old account and comes with new budgeting features which can help you become more financially stable. Since the bank and budgeting app is on the same platform, everything becomes much easier for you.

The app tracks income and spending by itself and provides you with a goal feature to help you get motivated. The app will keep your spending on track using its copyrighted Safe-to-Spend feature.

simple money app
Simple is online banking with superhuman customer service and tools to help you easily budget and save, right inside your account.


Spendee is another visual money management app whose purpose is to track and categorize one's transactions once synced with their bank account. The application also allows the user to share parts of their budget with other users.

The application can be linked with other virtual wallets and help keep on track with your budget. Though the app helps you share your budget with your friends, it gives you the option of how much can be shared to maintain privacy.

spendee best budgeting money apps
Manage all your money with ease from one place with Spendee. Track your income and expenses, analyze your financial habits and stick to your budgets.Best simplified budgeting app: PocketGuard


PocketGuard is a finance management application designed to not only help you budget your monthly spending but also actively find savings in your daily expenditure. The app is linked to your account and keeps an active eye on your transactions, after analyzing which the app will give the necessary advice to build a better budget.

PocketGuard will keep track of the recurring bills and at the same time look for better deals and plans that one can apply for. The application can also help with tracking individual bills and month-to-month trends.

pocketguard money management app
PocketGuard categorizes and organizes your expenses, monthly bills and subscriptions into clear, beautiful tabs and graphs, so you will always be on top of your money.

More budgeting resources for you

If you want to work on your budget but aren’t sure an app is a right way to go, there are other options you can try, such as:

What are some of the best budgeting tools that you've used in the past? Let us know in the comments below.

Finance Blog Staff

Finance Blog is here to show you your finance options! is a website dedicated to providing personal finance advice for real people. We take great pride in showing readers unique financial options they otherwise would not have known about. Our primary goal is to make finance simple, for everyone.
Finance Blog Staff

Did this article teach you something new?

Ⓘ Related Tools:

Interested in making extra money? Survey Junkie allows you to take surveys and get paid up to $50 per survey which take less than 5 minutes each. Join 8,145,798 members on Survey Junkie now by signing up or simply compare leading ways to make money in the table below.
CompanyWhat You NeedEarning Potential
fundrise trustpilot$500 to Invest in Real Estate8.7 – 12.4% Annual Returns


side hustleswagbucks trustpilot

Smartphone$100+ Per Month


surveyjunkie make money

SmartphoneUp to $50 Per Survey


lyftlyft trustpilotVehicle$60 Per Day


airbnbairbnb trustpilotApartment or House$650 Per Week


Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *