The 7 Best Free Apps For Budgeting in 2021 | Android & iOS

If we cannot balance our daily expenses, we will face a variety of financial crises. Maybe this problem also affects you. We have a solution for you. You need apps for budgeting. By using a budgeting app, you can track your personal finances like how much you earn, where you spend your money, and where you should reduce your expenditures. Furthermore, all of these applications will remind you of your debts and debt repayment dates.


There are several free and paid budgeting apps available. To eliminate your hassle, based on user ratings and reviews we’ve listed the top 7 free apps for budgeting. Today we will introduce you to the best free budgeting apps of this year. Let’s get started.

1. Money Manager Expense & Budget


The most downloaded free budgeting app in the Google Play Store is Money Manager Expense & Budget. 27500+ votes and a 4.7 rating out of 5 were given to the app. It is a complete tool for managing personal finances. You can access your daily, weekly, and monthly finance reports, and you can also generate spending reports.


In the money exchanger application, you will find a graph showing your budget and expenses. Thus, you will be able to see the difference between your income and expenses.

This free budgeting application also allows you to set up automatic debits by connecting any debit card to your Money Manager Expense & Budget account. You don’t have to pay your bills, term deposit, insurance, or loan money manually.


Are you considering backup? Backups and restores are available. You can easily create backups and view files in Excel files. There are many apps for budgeting on your smartphone that are free, so you can use this one. Additionally, it is safe and secure. There is also a pro version of the application.


2. Money Manager


If you are searching for a lightweight free app for budgeting you can take a look at Money Manager. The application is designed by Draw Puzzle Game. The app will assist you to manage your daily budget by tracking your financial activity.

The Money Manager Budgeting app is offered in 11 different languages. In this case, if you are not an American or an English speaker, you may find your native language. You do not need to register for this application, and it is an advertisement-free budgeting app.

The Money Manager Expense & Budget app also shows your bills daily, weekly, monthly, and yearly. Users can also set reminders to record transactions every day. In the Google Play Store, the application has a 4.4-star rating.


3. GoodBudget


GoodBudget could be a good option if you are new to budgeting and haven’t used any budgeting apps before. In this free app for budgeting, you have to manually input your expenses, incomes, and other daily transactions. You will be able to see your monthly income and expanse every month/day using this method.


Unlike other budgeting apps, you should not connect your app to a debit or credit card or bank account. Your transition is manually entered. Therefore, I believe your personal data is more secure. In addition, the developer says their security features include high-level bank data encryption and it sends users codes to access their information in a secure data center.

There are both free and paid features in the budgeting app. In the free version, you can create up to 20 envelopes. Upgrade your plan for 7 dollars per month or 60 dollars for a year to create unlimited envelopes.


4. Mint


You may not like to record your daily income and expenses manually. Okay, no problem. One of the best free budgeting apps is Mint. You can track your incomes by syncing your bank accounts, credit and debit cards, and other accounts. Additionally, it will sync your savings and purchases.

The app has a daily budget planner that suggests budget goals based on your spending. You can customize your goals as you wish. Mint will notify you if an ATM fee exceeds your budget and if there are any suspicious transactions on your account. Therefore, I would say it is a great option for users.


A monthly bill tracker is available, as with other budgeting applications. The bill tracker will help you keep track of all your bills. The bill payment tracker will also let you know about all upcoming due dates and if you have a low balance. It is a free budgeting application, so you don’t need to upgrade. It has a rating of 4.7 out of 5.


5.  ClevMoney


Next, I would like to recommend ClevMoney, a free budgeting app. ClareMoney is a good app for budgeting personal finances. Among its great features are SMS and MMS, push messages, search bar, chart, and more.

Backups can be made to Google Drive, and the apps support various currencies. You can easily maintain your personal finances in your native currency. Users can also create budgets for daily, weekly, and yearly use.

Adding income and expenses, as well as managing financial data is easy with this app. In a second, you can find out your previous income or expense by using the search option. Furthermore, the pie chart and bar chart will show your income and expenses clearly. ClevMoney budgeting is completely free to download and use. There is no charge for this.


6. Wallet: Personal Finance, Budget, and Expense Tracker


Budgeting is another market-leading free app. Almost all the features you need to manage your personal finances are included in this app. Wallet syncs your bank transactions automatically and securely and factors them into your budget.  You don’t need to manually enter your transaction data. Every dollar will be tracked by this app.


The app gives you a comprehensive overview of your finances, including accounts, credit and debit cards, debts, and cash. You can easily schedule your bill payment dates and times. The tracker application will keep track of your dues and notify you in real-time as soon as they are due. In addition, it will give you an idea of how your dues and payments will affect your cash flow.

You can share your account with your family, friends, or colleagues if you want to collaborate with them. Wallet accounts can be accessed on the web or via mobile devices. Users can also download their transcription and budget history to CSV/XLS/PDF. Wallet is a free budgeting application.


7 . Monefy


One of the handy personal finance apps is Moneyfy. Money Manager is similar to this application. You can add new income and expense records with the app. Set up your monthly budget and add your daily expenses.

You may have multiple devices and want to operate your same personal finance on each device. You can do it the right way. Synchronizing data between multiple devices is made safer by the application. Since the app includes a built-in calculator, you don’t need to open your default calculator app to calculate your income and expenses. Overall, the free budgeting app is easy to use.


8. Monthly Budget Planner & Daily Expense Tracker


Another great application for managing your personal finances and budget. DigitLeaf developed the free app for budgeting with a built-in calculator that calculates your daily or monthly income and expenses.

An app will create a simple graph based on your expenses and incomes. Thus, you will be able to see the difference between your income and expenses. Users can export data in CSV format to their Dropbox or Google Drive accounts. The app automatically backs up and restores data to the cloud.


How Did We Create The List Of The Best Apps For Budgeting?


We downloaded and installed over 50 budgeting apps and used them for over a month. We looked at the pros and cons of each app. Additionally, we have evaluated the opinions of users. We compiled this list based on our personal experience and user feedback. We hope you’ll find these apps useful. Also, you will be able to keep track of your personal finances accurately on a daily and monthly basis.


What Is A Budgeting App?


The budgeting app is a personal finance tool that will keep track of your daily income and spending, helps to keep the balance between expenses, incomes, and debts.


How Would A Budgeting App Work?


There are two types of budgeting apps. The first is manual, and the second is automatic. In the manual app, you must manually keep track of your expenses. The app keeps track of your income and expenses on its own. It tracks your online transactions and gives you a report of your daily spending and income by utilizing specific algorithms.


Does The Budgeting App Truly Work?


It is not easy to say whether budgeting apps work or not. Personally, I think it depends on the individual. Budget apps can only give you an overview of your income and expenses and remind you if your income and expenditure balance is correct. You will not be able to stop the app from holding your hand if you spend more on yourself. It is true, however, that when you see that the cost is going to exceed your income, you will be aware. By reminding you of your creditors and debtors, a budgeting app can help you pay bills and collect debts on time.


Budgeting Apps Options


In addition to the budgeting app, you can use many other tools to stay on top of your finances. Keep track of your income and expenses manually in a Notepad, Excel sheet, or Google Doc.


Is It Secure To Use A Free Budgeting Apps?


Almost all kinds of applications collect personal information. Your information is used to improve user service. You can trust the applications we mentioned above. There are many apps that can grab your information, however.


5 Tips For Using Budgeting Apps Safely


Your personal finances will benefit from the budget app. You can balance your income and expenses with it. However, if you are not careful, like other apps, you can lose money. The following tips will help you use the budgeting app safely:


1. Don’t Allow Auto Login


Many apps require you to sign in or register. Your browser or mobile app asks you to save your password and user ID after you sign in. The best choice is to never save.


2. Try using an anti-virus application


Keeping your device secure is easier with a good anti-virus. Scammers are always looking for ways to get your information and harm you. You can protect your information with an anti-virus program.


3. Use Complicated Password


We often use our birthday, phone number, or name as a password. Don’t do it. Make sure your password includes small and capital letters, at least one number, and a symbol. If your budget app doesn’t require a password, make sure you are using a strong password to protect your smartphone.


4. Keep Backup


Your mobile phone may be lost. If your app lacks register and log-in options, and if you don’t have a backup file, all your data and records will be lost. Always keep a backup in your Google Drive or another online storage service.


5. Check You Budgeting App Regularly


If you install a budgeting app and don’t use it. There are no benefits. Keep up to date. Besides, you should also avoid overcharging.


Final thoughts

 Hopefully, you got a good idea about the best free budgeting app. By using a budgeting app, you can reduce unnecessary expenses and pay your bills on time. Enjoy your day.

Leave a Reply

Your email address will not be published.