Saving & Spending Budgeting & Expenses

7 Best Budgeting Apps [2025]: Tools To Manage Your Everyday Finances

Plenty of excellent apps exist to help you create and manage your budget, with both paid and free options.

Updated June 5, 2025
Fact checked

Best for user-friendly budgeting

Quicken Simplifi

  • Offers a simple method for visualizing your spending habits
  • Automatically categorizes your transactions
  • Gives you access to customizable categories

Best for cutting your bills

Rocket Money

  • Finds unused subscriptions and helps you cancel them
  • Negotiates your bills on your behalf
  • Offers simple user experience

Managing your finances can be a lot easier if you take advantage of tools to budget smarter. The best budgeting apps can help you track your spending, find savings opportunities, create a debt payoff strategy, and see your net worth. Some can even help you cancel subscriptions or lower your bills.

Some of our favorite budget apps include Rocket Money, Quicken Simplifi, and Monarch. Take a look at our roundup of some of the best budgeting apps and decide which features are essential to you.

How we evaluate products

The best budget apps we recommend

Budgeting app Best for Pricing
Rocket Money Free budgeting app
  • Free version
  • $6 to $12 per month
Quicken Simplifi Beginner budgeting
  • Promotion: $3.99, billed annually
  • Regular price: $5.99 per month, billed annually
Monarch Comprehensive budgeting
  • $99.99 annually ($8.33/month) but $69.99 annually ($5.33/month) with welcome discount
YNABFrequent budgeters
  • 34-day free trial period
  • $14.99 per month for month-to-month access
  • $109 per year ($9.08 per month)
SoFi® Tracking your money in one place
  • Free
Goodbudget Using the envelope system
  • Free version
  • $10 per month for the Goodbudget Plus monthly plan
  • $80 per year for the Goodbudget Plus annual plan
Honeydue Couples
  • Free

Rocket Money

Best free budgeting app

App details

Available for: iOS devices on the App Store and Android devices on Google Play; desktop

Pricing: Free version, or choose to pay $6 to $12 per month for premium version

Rocket Money is a top-notch budgeting app with a free version that'll offer more than enough features for many budgeters. The app analyzes your transactions to automate categorization and provide hands-off support with tracking spending, budgeting, and saving. Another way Rocket Money stands out is by helping you with your subscriptions. If you're anything like me, chances are you've signed up for a subscription (or six) and forgotten to use them. The app alerts you to recurring bills for things like cable TV and gym memberships, and lets you either cancel useless subscriptions yourself or have Rocket Money experts handle it.

Plus, Rocket Money offers a "lower your bills" feature in which the company negotiates bills on your behalf. It charges 35% to 60% of the first year's savings, if successful (so you still save money, though not as much as you might hope). 

Overall, I like Rocket Money's features, especially if you're looking to lower your bills; calling service providers to request discounts is a hassle, and we're not all built for negotiations.

Pros
  • Can cancel unwanted subscriptions, negotiate recurring bills, and get refunds
  • Track spending, connect bank accounts, and automate savings
  • Access to educational resources about budgeting, debt, investing, and more
Cons
  • Premium budgeting features are only available to subscribers
  • Company takes a portion of your savings from cancellations, negotiations, and refunds

Visit Rocket Money | Read our Rocket Money review.

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Smart budgeting app that helps you cancel unwanted subscriptions, grow your savings on autopilot, and more.
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Quicken Simplifi

Best for beginner budgeting

App details

Available for: iOS devices on the App Store and Android devices on Google Play; browser access

Pricing: $5.99 per month, billed annually

Quicken Simplifi is a budgeting app for money management and financial planning, and it's user-friendly but comprehensive enough to be ideal for beginners. It connects with over 14,000 financial institutions, or you can input your transactions manually.

The app automatically categorizes your transactions to help you identify unnecessary expenses and track your monthly spending. You can set up custom limits for each category to help prevent overspending, as well as receive real-time alerts for unexpected transactions. You'll also be able to establish and track your savings goals from the app.

The app can track your bills to help you pay them on time and avoid late fees, and it also offers a credit report feature. If you're looking for financial planning tools such as a debt payoff tracker or a retirement planner, look elsewhere. Overall, though, customers are happy with Quicken Simplifi: The app has a 4.2-star rating on Google Play and 4.4 stars on the App Store.

Quicken Simplifi doesn't offer a free version, but its cost is lower than many other budget apps we've tried. We also see the platform running specials often.

Pros
  • Unlimited savings goals
  • Automatically categorizes transactions to help identify unnecessary expenses
  • Allows setting up custom limits for each category to prevent overspending
  • Inexpensive subscription compared to other paid budgeting apps
Cons
  • Doesn't offer a free version
  • Lacks specific tools like a debt payoff tracker or retirement planner

Visit Quicken Simplifi | Read our Quicken Simplifi review.

Monarch

Best for comprehensive budgeting

App details

Available for: iOS devices on the App Store and Android devices on Google Play; desktop

Pricing: Seven-day free trial period. $99.99 per year if billed annually (equal to $8.33 a month) or $14.99 per month for a month-to-month subscription. Welcome discounts may be available.

Monarch (from Monarch Money) is an app with tools for budgeting, net worth tracking, monitoring recurring bills, and more. Like other budgeting apps, it syncs with your financial accounts to automatically input transactions and track progress. You can view recurring transactions and get notifications before those bills are due. There's also an option to plan ahead for larger expenses that don't occur every month.

If you're looking for a budgeting tool that helps with day-to-day spend-tracking while also providing a comprehensive view of your finances, including investments, check out Monarch.

Monarch is considered a good alternative to Mint, which many users were disappointed to see shut down. It isn't free, as Mint was, but it has the level of depth and reporting that people appreciated in Mint. Overall, Monarch app reviews are positive (4.7 stars on Google Play and 4.9 stars on App Store). Price-wise, Monarch is similar to YNAB. It's cheaper if you pay annually, but certainly not as cheap as budget apps come.

Pros
  • Unlimited accounts and collaborators
  • Track investments and net worth
  • Fully customizable budgets
Cons
  • Charges monthly or annual fees
  • Shorter (7-day) free trial than comparably priced YNAB

Visit Monarch | Read our Monarch Review for more info.

YNAB

Best for frequent budgeters

App details

Available for: iOS devices on the App Store and Android devices on Google Play; desktop

Pricing: 34-day free trial period. $14.99 per month on the monthly plan. $109 per year for the annual plan ($9.08 per month equivalent).

You Need a Budget (YNAB) is a budgeting app designed with the detail-oriented in mind. It offers offers extensive cross-platform support, including desktop, iPhone, Android, iPad, Apple Watch, and Alexa. It has a dedicated following and claims that new users save an average of $600 in their first two months and $6,000 in their first year.

YNAB uses a proactive approach to budgeting, where you manually categorize and track spending. You set up a zero-based budget aimed at managing income, paying down debt, avoiding overspending, and other big-picture goals. YNAB offers more control than other apps that make spending and savings decisions for you, which is why it's best for people who use it often. 

This budgeting app costs more relative to other apps, and it requires you to be much more hands-on. I know a lot of folks who swear by YNAB and wouldn't use any other budgeting app. But if you're looking for the easiest money app out there, this isn't it.

Pros
  • Offers extensive cross-platform support
  • Allows setting up zero-based budgeting goals
  • Offers a higher level of customization than some other apps
Cons
  • No free version after the trial period
  • Much higher learning curve

Visit YNAB (You Need A Budget) | Read our YNAB review.

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SoFi®

Best for tracking your money in one place

App details

Available for: iOS devices on the App Store and Android devices on Google Play

Pricing: Free.

SoFi® offers ways to comprehensively manage all of your financial accounts. You can use the free budgeting app to link bank accounts along with investment and retirement accounts.

I like SoFi's budgeting tools as they allow you to set straightforward budgets, see upcoming bills, and monitor your credit score weekly. Overall, it can help you keep your finances in order without spending any extra money. This might make it a good choice if you want to learn how to budget, but you might also keep it as your long-term budgeting tool.

You need to register for a SoFi® account to use SoFi's tools. This isn't a significant downside, as most apps require a similar step.

You may even double down and opt for opening a SoFi Checking and Savings1 account, one of our favorite bank accounts. It has $0 monthly fees2, offers access to high annual percentage yield (APY)3 with direct deposits, and SoFi is a Member, FDIC 4.

Pros
  • Provides a simple yet comprehensive view of your finances with automatic categorization
  • Allows you to link external financial accounts, track spending, and set monthly spending targets
  • Offers credit score monitoring at no additional cost5
Cons
  • Only available to people who register for a SoFi® account

Visit SoFi | Read our SoFi Checking and Savings review.

Goodbudget

Best for using the envelope system

App details

Available for: iOS devices on the App Store and Android devices on Google Play; desktop

Pricing: Free version. $10 per month or $80 per year for the Goodbudget Premium monthly plan.

Goodbudget is a user-friendly budgeting app built on the envelope system. This system has you assign a dollar amount to different spending categories, known as "envelopes." You might have envelopes for groceries, rent, utilities, dining out, saving, and the like. It's designed to curb overspending and force you to think about how you use your money. When an envelope is empty, you're done spending in that category or need to dip into another. Some people still love the old-school method of actual envelopes, but apps like Goodbudget digitize the system.

The app provides a straightforward user experience, letting you track income and expenses, as well as set budgeting goals, such as paying off debt or saving money. You can manually input your transactions or import them by uploading a supported file. We've found Goodbudget to be the best for tracking expenses and overcoming unhealthy spending habits. The app could be particularly useful if you're building an emergency fund.

The free version gives you one account and access on up to two devices, while the premium version offers unlimited accounts and up to five devices. A downside is that Goodbudget doesn't integrate with other tools or accounts, so all of your tracking is done manually.

Pros
  • Uses the envelope system, making it easy for beginners to manage their finances
  • Supports multiple devices and users
  • Tracks your debt repayment and other goals
Cons
  • The free version has limited features
  • Doesn't integrate with external accounts

Honeydue

Best for couples

App details

Available for: iOS devices on the App Store and Android devices on Google Play

Pricing: Free.

Honeydue is a free budget planning app for couples that's available for iOS and Android. It helps partners simplify essential money talks by tracking expenses, bills, and financial account balances, including joint bank accounts and investment accounts.

I like this because it's so important for couples or partners to be on the same page with their finances. Using Honeydue can take a lot of the stress out of financial communication between you and your partner.

Couples can choose how much information to share, set monthly spending limits, add custom categories, split expenses, and settle balances. The app also offers a joint Cash bank account with a debit Visa card.

You can't access your Honeydue information through your laptop or desktop device, limiting you to using your phone. That would be a con in my book because my eyes get tired pretty fast when looking at a tiny screen, but you might prefer mobile-only access.

Pros
  • Helps couples manage their money together
  • Enables each person to maintain their privacy
  • Offers a joint Cash bank account with a debit Visa card
Cons
  • Doesn't have a desktop platform
  • Less robust tracking and reporting than many other budgeting apps

How do budgeting apps work?

The main goal of most budgeting apps is simplifying the way you manage your money on a day-to-day basis. You can manage your budget by setting up spending categories and tracking your actual spending.

You typically connect the app directly to your bank to import and categorize transactions. Plus, many apps today help provide alerts to recurring transactions, which could save you money by reminding you to cancel unused subscriptions.

Some budgeting apps also offer investment tracking or credit score monitoring. While I'll remind you that you can easily get updates on your credit score for free from a lot of places (credit cards, MyFICO.com, etc.), the investment tracking aspect could be quite useful.

Tips for choosing a budgeting app

When learning to budget better, you need an app that complements your organizational style and experience.

For instance, if all you want is a mobile tool that helps you monitor your spending and you've never used budget software, you can pick a no-frills app like Quicken Simplifi or Rocket Money. We also recommend simpler apps to people who have tried and failed to stick to a budget before since you're more likely to use an app that's easy to pick up and manage.

But if you're hoping for something that's fully customizable or requires quite a bit of effort on your part, you should be ready to put in more time. YNAB is well-known for having a bit of a learning curve, which is great if you're a planner and have an eye for detail. But if you're more interested in hands-off budgeting, YNAB isn't likely to be a good fit.

Overall, pay attention to what it is you want from a budgeting tool. It won't be exactly the same as what I might want or what your coworkers want. Decide on what matters to you with regard to cost, ease of syncing with accounts, automated features, investment tracking, and other potential features.

FAQs

What are the best free budgeting apps?

Rocket Money is one of our recommended budgeting apps that offers a free version. SoFi® is free to use for SoFi® users. Both tools offer simple yet powerful budgeting tools that can help you keep track of your spending, monitor your net worth, and receive notifications of upcoming bills. Honeydue is also free and tailored towards budgeting as a couple.

How can I keep more money in my pocket?

One effective way to keep more money in your pocket is by using a budgeting app. Apps like Rocket Money, YNAB, and SoFi® can help you track your income and expenses, set savings goals, and make smarter decisions with your money. Over time, you'll see big differences in your financial health.

Do budgeting apps really work?

Budgeting apps are effective tools for managing money, but their benefits are maximized with consistent use. If you're dedicated to financial improvement, these apps can provide insights into your spending habits, potential cost-cutting areas, and strategies for growing your savings.

What happened to Mint by Intuit?

Intuit, the company that owns Mint, announced that the Mint app would shut down on January 1, 2024. You can try one of the apps in this article as an alternative to Mint.

Products that didn't make our list

These are a couple of other budgeting apps to consider if you haven't found one you love yet.

EveryDollar

The app connected to Dave Ramsey, EveryDollar is focused on debt-free living. There's a free version of EveryDollar as well as a paid version, which you can also get as part of Dave Ramsey's Financial Peace University if you'd like to get more for your money. Compared to other apps we've tried, EveryDollar is pretty bare-bones when it comes to features, and this is why we didn't pick it for our list. But we'd recommend it over others if you're into tracking your transactions manually.

PocketGuard

Another budgeting app to consider is PocketGuard, an app with bill payment tracking, budgeting, goal tracking, and unique spending insights to help you make the right financial decisions. PocketGuard only offers paid plans, which cost $74.99 a year (equal to $6.25 a month) or $12.99 a month. We didn't choose it as one of the best budget apps because many users report that the app can be buggy, and the platform has significantly increased its price recently (and done away with its appealing free version).

Bottom line

If you've never budgeted before, it's simple to learn how to manage your money. You can actually have fun with a budgeting app because you'll get a better understanding of where your money is going. I like budgeting because it lets me plan ahead for what's necessary as well as the fun things I'm looking forward to in the future.

No matter your budgeting style, there's an app that can help you better manage your money. You may want to look into various budgeting techniques before you pick an app, because different apps are stronger with certain techniques like the 50/30/20 method.

If a couple of apps discussed here stand out, you might check out one of our comparison pieces, such as Rocket Money vs. Quicken Simplifi, to help you make a decision.

Consolidates finances in one place and automatically tracks real estate value
Uncovers forgotten subscriptions to cancel and negotiates bills
Supports tracking trial subscriptions
Automates moving money into a savings account
Provides credit monitoring and insights
Low cost for premium features at $6 for the monthly plan or $4 a month for the annual plan