What's the best budgeting software?

Budgeting Tools and Software
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If you use Mint, don’t try Credit Karma. They don’t have a budget feature. They track spending by category but don’t let you set budgets.

So, what’s the best alternative?

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Choosing the best budgeting software depends on your specific needs, preferences, and financial goals.

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Mvelopes: This app uses a virtual envelope system for budgeting, mimicking the traditional cash envelope method. This can be helpful for those who prefer a visual approach to managing their finances. They offer a free trial and then have tiered subscription options.

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Mint shutting down stinks! And you’re right, Credit Karma doesn’t quite fill the budgeting gap. While it tracks spending, it’s missing the magic of setting goals and watching your progress.

Here’s the good news: there are tons of great Mint alternatives! Some are free, some have paid plans, but all will help you rock your budget.

Some popular options include:

  • YNAB (You Need a Budget): This one’s known for its unique budgeting method, helping you plan for future expenses.
  • Simplifi by Quicken: This is a user-friendly option with clean visuals and solid budgeting tools.
  • Empower: This app goes beyond budgeting, offering features like bill pay and early access to your paycheck (with qualifying direct deposit).
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I was relying on Mint too and it has been hard finding something that fills the void. Thanks for sharing these alternatives though. I’ve heard good things about YNAB but haven’t tried it yet. I’ll check it out. Have you had any luck with any of these options?

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If you’re looking for budgeting software that won’t break the bank, there are several options that cater to different needs. MiNT is a great free mobile app that’s quite user-friendly. For those who prefer a more traditional approach, Quicken offers a comprehensive set of features on PC. Moneydance is another desktop software that’s easy to use and comes with robust capabilities.

For a web-based solution, CountAbout provides access both on mobile and through a browser, making it versatile for managing finances on the go. YNAB (You Need a Budget) is particularly beginner-friendly and emphasizes zero-based budgeting, which can be very effective for some users. Lastly, Pocketguard is a simple yet effective budget tracker that helps you avoid overspending.

PCMag’s latest review highlights Simplifi as the best overall choice, Quicken Deluxe for detailed financial management, and NerdWallet for the best free personal finance management tool. It’s important to choose software that aligns with your financial goals and habits to ensure you stay on track with your budgeting.

Hope this helps! Feel free to ask if you have more questions about budgeting tools or personal finance.