Top Free Apps to Make a Perfect Budget

Tracking your money is a very important task in your daily life. You have to track your money so that it
could help you to follow your budget effectively. As like everyone you would want to end your budget
according to your decided budget. So for that you have to keep a record of your spending on daily and
weekly basis so that if you get slip at any point you can get back on track in the following time. Tracking
your money helps you to calculate where you were out of budget and where you need to improve,
which expense you have to cut off and which you have to keep.
There are people who use to buy apps and pay companies to keep track of their spending and to get
informed about their budget. But what if you want to track a record of your payments and expenses and
you do not have much to pay to these companies or apps. If this is the case with you then I have a
solution for you. There are number of free apps that can be used to keep a track of your expenditures
and you can use them without giving a penny. As these apps will not be the same as of the paid one but
to some extent they will work like them. As in free apps you will not get some of the upgraded features
but you can get many of the basic tools that could be enough for you if you are working on an
intermediate level.
These apps and tools will help to track and plan your expenditures and it will help you to achieve your
money goals and saving goals in very short time. From these tools you could easily connect your bank
accounts, credit and debit cards, and investments account in to one app through any mobile or
computer that have an internet access that will help you manage all your accounts from one place. So
starting from the 1 st app,

1- You Need a Budget

You need a budget shortly and famously known as YNAB is one of the best app for budgeting purpose.
From this app you can learn to save money and to you can achieve your goals very fast. This app does
not only helps you in making a budget but it also teaches you money saving options and tricks. This app
does not work for free but it is free for college students for 1 and you can try them for free for 34 days
and if it really works for you, you can keep their services by paying them $84 a year. Their site claim that
first timer of budget making save almost $600 in the first two months on YNAB.
YNAB is a very easy to use app and is supported by every type of operating system. YNAB can be used on
multiple devices with a same account thus you and your spouse can look at the budget at any time. You
can connect your bank accounts, investment accounts to this app and calculate your income and you
can then easily create an effective budget.
YNAB money saving is based on four basic rules, the first one is give every dollar a job that means you
should plan your every dollar that where it would be spend and then mark that money to an expense.
The second one says that embrace your true expense that means you should save money for a big
expense you have to pay once a year or twice a year. By this it means that you should save money every
month from your budget for that expense so that you could easily pay in time to that. The third one is to

roll with the punches that states that if you are not able to succeed in a category then you should fill
that gap by saving from another category and putting it in to one which is in negative balance. The last
one is to age your money that means you should spend your money that is 30 days old as this will not be
easy in the start but you will roll with it and by this you would be free of any debt problem.

2- Personal Capital

Persomal capital is one of the best and famous app for tracking you spending. This platform can help you
to calculate your net worth in a very short time and you can manually look for you your worth by adding
the amount of your property cars and investment account on this app. This app helps you to connect all
your accounts on one place for example bank accounts, investment account and credit card or debit
cards etc. by this you are able to look in to your total worth you can calculate your total monthly, weekly
or yearly income for free. This app is the best option if you are prefer tracking even then budgeting.
Personal capital only charges you for using their wealth management service that is up to you that you
want to use it or not. If you have a dream of retiring as a person who is rich and financially well stabled
then this app can become a road map for you where you can plan according to your saving goal and
follow it. With all these tools this app has a personal investing tool that you can use when you think you
are ready to step in to investing money. By this you are able to get a lot of tools in one place and you do
not have to switch between different apps for different tools.

3- Google Sheets

To keep a record of your spending the simplest method is the best one sometimes because it helps you
put most of the information manually so you could be very much aware of everything you spend. These
sheets can be much better than putting everything on a paper and you can use an already made
template of google sheet or you can make your own one. In this case you will have to manually put all
the expense and income. Google sheets can be accessed from multiple device like laptops and cell
phones and when you allow permission to people to edit the sheets they can add changes and expenses
that means multiple can use a single sheet.

4- Every Dollar

In Every Dollar you assign every dollar you earn to a category in the budget. The system of Every Dollar
app is the same like the envelope system. The basic principle of this app to assign every category an
amount an whenever you spend in that category it should be deducted from that like the money
envelope system in which you put money in different envelopes and label them a category and
whenever you spend in that category you have to take money only from that envelope. If you are a
beginner then you can start with their template that is easy to use. If you want to use Every Dollar for
free you have to manually put your transactions in to the system but if you pay $130 a year you can

have this done automatically as the system will download your bank account, credit card and
transactions details.

5- Wally

Wally app is available for android and iOS system. Wally is one of the best free app because the free
version is ad-free and you can make in-app purchase that will upgrade your account and it will allow
your access to many free tools. In the free version you have to manually add your every transaction and
if you want to automate you have to pay $2 per year. The budget making is a fun task in Wally as you
can mark different colors to different categories. To keep a track of your money is also easy in this app
as you can even take pictures of the receipts.

6- True bill

True bill is another app that can be used to create a money saving budget, set new money saving goals
and to track your budget. One of the unique feature of true bill is that you can get free information on
how to cancel extra subscriptions. Bank accounts can be connected to this app like the other apps and
you can make a budget and track your spending. True bill has android and iOS apps that have many
extra features that you can use.

7- Mint

Mint is one of the most famous and oldest tool in business to help you in your budget making and
tracking steps. You can link your bank accounts, credit cards, and investment account with this app and
manage them on a single place you can even assign different categories an amount. The best feature of
this app is that they keep you alert about the due dates of your bills, your ATM fees. The app send you
an alert whenever an unusual and a bigger transaction is made. Thus it is easy to use and an effective
platform to create a money saving budget and to track your expenses.

So these were some of the top apps that helps you to make a budget that helps you to save money. Do
comment in the comment section below and also share your experience of making a budget and
tracking your expenses from these apps and let us know how much it worked for you and how much you
saved.
Have a good Day!

Author: admin

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