Best Budget Apps For 2024

 Get Your Finances in Order with These Top Budgeting Apps in 2024

Best Budget Apps for 2024
Best Budget Apps

Numerous financial experts and advisors in personal finance emphasize the importance of creating a budget as a crucial step toward managing your financial future effectively. Many companies have developed applications that automate the tedious aspects of budgeting. 

These apps typically connect to your bank and credit card accounts, automatically monitoring your transactions. They often categorize your spending into various segments like transportation, food, and entertainment, providing a clear breakdown of your expenses. Utilizing a proficient budgeting app not only saves time and effort but also facilitates wiser spending habits and increased savings.

Establishing and adhering to a monthly budget holds significant importance for achieving financial success, especially when you're in the initial stages of managing your finances. Developing the habit of understanding the regular inflow and outflow of money in your household is crucial.

Building and maintaining any habit is often more successful with the right support. The most effective budgeting tool is the one that suits your preferences, whether it's a comprehensive app, an advanced spreadsheet, or a more manual approach. To assist you in finding the ideal budgeting app, I have evaluated and ranked eight of the best options currently available.

YNAB (You Need a Budget)

YNAB (You Need a Budget) is a popular budgeting app that uses the zero-based budgeting method. With zero-based budgeting, you assign every dollar of your income to a specific expense category, ensuring that you don't have any money left over at the end of the month. This can help you be more mindful of your spending and make sure that you're not wasting money.

YNAB has a number of features that make it a great choice for people who want to try zero-based budgeting. The app is easy to use and has a clean interface. It also allows you to connect your bank accounts, so you can automatically track your income and expenses. YNAB also has a number of tools that can help you stay on track with your budget, such as goals, reports, and challenges.

YNAB is a paid app, but it offers a free 34-day trial so you can try it out before you commit. If you're looking for a comprehensive budgeting app that can help you take control of your finances, YNAB is a great option.

Here are some of the pros and cons of YNAB:


 Easy to use

 Clean interface

 Connects to bank accounts

 Goals, reports, and challenges

 Free trial


 Paid app

 Can be time-consuming to set up

If you're looking for a budget app that is specifically designed for zero-based budgeting, YNAB is a great option. However, if you're not sure if zero-based budgeting is right for you, or if you're looking for a free app, there are other options available.


PocketGuard stands out as a user-friendly budgeting option, providing a straightforward financial snapshot for individuals seeking a quick and easy overview of their finances. This breakdown of its advantages and drawbacks can assist you in determining whether it aligns with your needs:


1. Simplified Interface: PocketGuard adopts a visual and easy-to-understand interface, featuring clear graphs and charts that display your income, spending, and remaining discretionary funds.

2. Automatic Categorization: The app streamlines the budgeting process by automatically categorizing your transactions, saving you the time and effort required for manual input.

3. Bill Tracking and Negotiation: PocketGuard facilitates tracking upcoming bills and offers negotiation suggestions to potentially lower your costs.

4. Subscription Management: It identifies and monitors your subscriptions, aiding in the identification of forgotten subscriptions and enabling potential cancellations.

5. Free with Premium Options: The basic PocketGuard app is available for free, and it offers optional premium features such as goal setting and advanced analytics through a subscription.


1. Less Focused on Budgeting: While providing a comprehensive financial overview, PocketGuard doesn't delve as deeply into budgeting as tools like YNAB, which employ zero-based budgeting methods.

2. Limited Customization: The customization options are somewhat restricted compared to some other budgeting apps available in the market.

3. Relies on Bank Account Linking: To obtain a complete financial picture, linking your bank accounts is necessary, which may not be suitable for individuals with privacy concerns or reservations about such integrations.

If you remain uncertain about PocketGuard, experimenting with the free version is a practical way to assess its suitability. Additionally, comparing it to other budgeting apps like YNAB can help identify the platform that best aligns with your preferences and budgeting approach.


EveryDollar emerges as an empowering tool for those embracing the concept of zero-based budgeting while desiring a straightforward and motivational approach. Let's delve into its standout features and why it's a motivational asset:


Simple, Intuitive Interface: EveryDollar is meticulously designed for ease of use, serving as a beacon for budgeting newcomers or those who prefer a hands-on, less complex method. Its user-friendly interface sparks motivation by removing barriers to entry.

Zero-Based Budgeting Excellence: Similar to YNAB, EveryDollar champions the philosophy of assigning every dollar a purpose. This ensures your income aligns with your expenses, fostering conscious financial decision-making. The motivational aspect lies in the empowerment that comes with taking charge of your financial destiny.

Customizable Categories: EveryDollar empowers users by allowing the creation and personalization of spending categories. This customization aligns the budget with individual spending habits and financial aspirations, providing a sense of ownership and motivation.

Manual Transaction Entry for Engagement: The option to manually input transactions encourages active engagement with your budget. This hands-on approach fosters a sense of responsibility and commitment, driving motivation as you actively participate in managing your finances.

Free Version and Enhanced Option: The availability of a free version ensures that budgeting is accessible to a broader audience. For those seeking an extra motivational boost, EveryDollar Plus offers features like bank account sync and debt tracking, further propelling financial empowerment.


Ease of Use and Learnability: The clear and straightforward interface eliminates hurdles, making EveryDollar easily accessible to everyone. The motivation stems from the simplicity that encourages swift and confident initiation into budgeting.

Empowering Zero-Based Budgeting: EveryDollar's commitment to aligning income with expenses promotes financial awareness and a sense of control. This motivational factor empowers users to actively shape their financial destinies.

Free Version for Wider Access: The provision of core budgeting features in the free version ensures that budgeting assistance is available to a broad audience, fostering financial motivation and inclusivity.

Debt Tracking for Progress: EveryDollar Plus introduces debt tracking, transforming the app into a motivational ally on the journey to financial freedom. Monitoring debt payoff progress serves as a tangible indicator of success, motivating users to persist in their financial endeavors.


Manual Transaction Entry: While the manual entry of transactions might be time-consuming, it serves as a motivational reminder of your active involvement in shaping your financial narrative.

Limited Reporting Depth: Although reporting features are somewhat basic, the motivational aspect lies in the app's simplicity, emphasizing actionable insights and encouraging users to focus on their financial goals.

In essence, EveryDollar stands out as an empowering ally, motivating users to take charge of their finances through a simple, engaging, and goal-oriented budgeting experience.