5 Apps to help you budget for 2022



The finest budgeting applications assist you in understanding your income and expenditures, allowing you to maintain the greatest amount of control over your finances.


Depending on the software, it may be possible to connect your bank account and credit cards in order to automatically download transactions and classify your spending in order to fit the budget you specify.


Besides being reasonably priced, the finest budgeting apps are simple to use and interface with your accounts, and they provide features that are tailored to your spending preferences.


Mint


Let's start with Mint's overwhelmingly positive reviews in both the Apple App Store and Google Play store. There are also far more reviews for this app than for any other app.


It is completely free and allows you to sync many different types of accounts, including bank and savings accounts, credit cards, loans, investments, and invoices.


When it comes to actual budgeting, Mint automatically categorizes your expenditures into budget categories for you. You have the ability to customize these categories, which are virtually limitless.


You may establish spending restrictions for each of these areas, and Mint will alert you if you're getting close to reaching those limits.



YNAB


This app is at the top of the list due to its budgeting methodology, which is unique. The firm offers a free trial period of 34 days (no credit card is necessary), after which the cost is $84 per year (plus applicable taxes).


If you choose to pay monthly rather than in one lump sum, the cost is $11.99 each month.


YNAB provides the opportunity to sync your bank accounts, import your data from a file, or manually enter each transaction into the program's database.


EveryDollar


If you're looking for a simpler (and potentially easier to handle) budgeting structure than YNAB, go no further than this app. First and foremost, a brief explanation of the names: EveryDollar is a budgeting program that is completely free.


However, in order to benefit from the additional features of the app, you must sign up as a Ramsey+ member.



Ramsey+ memberships contain additional elements that are not available through the EveryDollar app, like as audiobooks and courses, in addition to a beefed-up version of the program.


Personal Capital



Personal Capital takes the top spot on our list as the greatest app for accumulating financial wealth. The dashboards of the product allow you to sync accounts in order to get a full view of your money.


The company's basic app is free, with the opportunity to upgrade to investment management services for 0.89 percent of your money if you have less than $1 million in your bank account.


Simplifi




It's the most effective method of keeping track of how much money you have available between paychecks.


The app offers a free 30-day trial period, after which you will be charged $2.99 a month (billed annually at $35.99) or $3.99 per month if you do not choose to pay in full at once.


Final Verdict


You should choose YNAB as your first pick if you are serious about budgeting applications. This is due to its precise budgeting technique, outstanding support, and a variety of useful features.


However, if you're seeking a free alternative, Mint, a rival, is an excellent choice.