Budgeting apps

Gone are the days of personal bookkeeping using actual books. In our tech driven generation there is of course an app for that – in fact, there are thousands. We looked at four budgeting apps you can use to help keep your finances on track from your phone while on the go.


Intuit Mint logoMint, Intuit’s personal finance app (the same people who brought you QuickBooks and TurboTax) is easy to use and is one of the trailblazers when it comes to budgeting apps. It helps you keep track of your finances by linking up with bank accounts, loan accounts and credit cards and can help you create a personalized budget. The app automatically categorizes your expenditures giving you a great overview of where you spend your money, alerting you to unusual expenditure, and alerts you if you go over budget. There is also a bill paying function to help you manage your bills and make sure they are paid on time.

Graphic with headphones, dollar signs, speech bubbles, email icon etc with a hand below pointing at them.

You Need a Budget:

YNAB logoVery popular with young professionals, YNAB takes a slightly different approach than others, giving every dollar you earn a job such as savings, or living expenses, therefore making you accountable for every cent you spend. You can add goals you are working towards, with the amount needed, therefore giving you a visual representation of what you are aiming for. Syncs with banks and credit cards if you want and offers free online money management classes as well as debt payoff and goal tracking features and occasional tip emails. The desktop version must be installed too for the app to work.


Wally logoWally is popular with millennials and is great for daily expense tracking. Balance your income and expenses and understand exactly where your cents are spent by seeing your purchases grouped together, and also tagged (with people or pictures) so you can see your spending as ‘experiences, not expenses’. Users can enter expenses manually or snap a picture of receipt and can see a snapshot of remaining budgets so that you don’t get off track. The app can send alerts when bills are due or when you achieve a savings goal. Its ability to use multiple currencies makes it good for travel budgeting app.


PacketGuard logoIf your financial goals are uncomplicated you may like PocketGuard. Like many of the other apps PocketGuard syncs all your bank accounts, credit cards, loans, investments and savings in one place so that you can easily track income and bills. Expenditure is categorized in real time and the app builds you a personalized budget based on incomings, outgoings and goals and lets you know in simple terms how much is left to spend. PocketGuard is very easy to set up and analyzes your bills to find ways to save. Charts and graphs are user friendly and you can even access the app from your Apple Watch.