Charting and maintaining a budget is extremely crucial for one’s financial health. Experts often urge people to spend money in a 50/30/20 format, wherein you spend 50% on necessities, 30% on your wants, and 20% is set aside as savings. However, most people do not have the time or inclination to adhere to such principles. Although many wish to, modern lifestyles often play spoilsport. In such times, budgeting apps are the life jackets one needs. Most apps today offer options to save, invest, and regulate spending. The apps featured in this list offer a wide variety of tools to regulate one’s money management and take into account the best budget apps for Android and iOS. The best budgeting apps gather information and adapt their services to suit the user.


Mint is one of the best budgeting apps

Mint makes it to the top of the best budgeting apps list.

If to keep minting money, Mint is the app for you. The most basic function of budgeting apps is to monitor your spending and boss you around the next time you try to do the same thing. The app helps you track your spending and keep a tab of rising subscription costs. One of the most highly rated apps on the App Store and Google Play, it provides insights on missed saving opportunities. Highly recommended by users as one of the best budgeting apps, Mint also keeps a check on irregularities and lets you customize settings as per your needs. The premium version allows you to have an ad-free experience. With over 30 million users, it is safe to say that it is one the most popular budgeting apps. One of the best budget app for iPhone users, Mint also helps track your Bitcoin earnings and has partnered with Coinbase.


top budgeting apps 2022

You Need A Budget – If you think so, download the app from the App Store or Google Play.

Budgeting apps come in all shapes and sizes, and YNAB is one of the crowd-favorites. YNAB stands for You Need a Budget. Lord knows don’t we all! If managing your finances makes you break out in cold sweat, this is one of the best budget app for Android. The app is available for web, mobile, Apple watch and Alexa (by Amazon). The app claims to help “new budgeters save $600 in their first two months and more than $6,000 their first year” on average. One of the best budget app for Android, it teaches you to become intentional with your money. It is free for the first 30 days. The app not only helps plan out one’s budget but also charts loan payments, calculating time and interest saved for every dollar used to pay off debt. Extremely popular on the App Store, it is one of the best budget app for iPhone owners.


Best budgeting Apps

To track expenses seamlessly, turn to Expensify for its simple UI and UX.

ne of the consistently well-ranked budgeting apps, Expensify sans receipts and tracks your business on the go. The app stays true to its name and forces you to record every expense, be it an invoice, bills, or monthly payments. Expensify’s smart technology captures details from snapshots of receipts and also notes your preferences for hotel, car, and other bookings to give better suggestions along the way. If you wish to find easy-to-use monthly budget apps, you can stop searching with Expensify. Multiple account integrations, advance tax tracking, and an active customer support team are some of its salient features.


PocketGuard is one of the top budgeting apps 2022

PocketGuard diligently guards your wallet from overspending and makes room for savings.

If you hate math but love spending money, allow PocketGuard to have your back, we mean, wallet. Named as one of the best budgeting apps of 2022, the app ensures you spend less than you earn and keeps you stress-free. While the bill organizer ensures you never miss a due date, the subscription manager points out things you might not need. The budget app also shines the spotlight on one’s spending habits and provides relevant insights to cut back on unnecessary things. In case you are sinking in debt, it helps you figure out a debt-payoff plan, optimizing your money management skills. The premium subscription plan is available in monthly, yearly, and lifetime packages, to suit one’s needs, making it one of the best budget apps.


best budgeting apps

If couples find it tough to money, they can simply turn to Zeta for help.

A relationship expert for modern times — Zeta acknowledges the fact that money can be a bone of contention between couples. The app makes it to our top list of budgeting apps as it helps sort out money troubles with its built-in features, streamlining joint account spending. Zeta lets couples sync accounts, track spending, and organize budgets, as it breaks spending into individual and shared pools. The feature to keep memos and messages to clarify doubts about split transactions also helps couples have better conversations about their finances.  One of the best free budgeting apps, this is the first therapist couples should explore in case they don’t see eye-to-eye on money. One of the best budget app for Android and iOS, Zeta is instrumental in helping couples achieve their financial goals in a secure manner.

Whether it is the best budget app for iPhone or an Android phone, we would ask you to define your financial goals before zeroing in on a budget app. Some apps are great to study your unconscious monetary habits while some are instrumental in building a strong portfolio of assets. Once you figure out what it is that you want to achieve, you filter through the list and decide on the next step.