6 Best Free Budget Apps In Year 2023

In 2023, there are many great budget apps available to help people save money. These apps can help people save money on their groceries, bills, and other expenses.

But which one is the best for you? This can be a difficult question to answer, as each person’s needs and preferences are different. However, there are a few key things to consider when searching for a budget app.

First, you’ll want to consider the functionality that the app offers. Some apps allow you to create detailed budgets and track your spending habits, while others are more simplistic and focus on budgeting for a certain period of time.

Here are 6 of the best free budget apps available in 2023.


This is the tool that comes with a daily budget planner, and as you use it, you may modify your objectives to reflect your own personal preferences according to the space provided inside the planner. This software will offer budget goals for you to achieve based on your spending.

Mint connects to your bank accounts, credit cards, and retirement accounts so you can keep track of your income, spending, and savings.

Mint will automatically update and sort your expenses into categories, but you can change or add categories as you see fit. The app also lets you set your own savings goals and keep track of your investments.

Mint can also help users pay down debt, save more money, and keep track of goals by giving them “Mintsights.” The app also tells people their credit score and how much money they have.


  • No cost to use
  • Secure
  • Syncs with a number of different financial accounts
  • Alert and reminder tools
  • Free ways to keep an eye on your credit
  • Finds out how much money you have.


  • Setup takes time
  • Categories may be given the wrong names.
  • Account connection problems now and then

Personal Capital

Most budgeting apps connect to your bank accounts and credit cards automatically, so it’s easy to keep track of your money coming in and going out.

But if you have money in the markets, you probably can’t use the same app you use to track your daily spending to do a deep analysis of your investments.

One exception is the Personal Capital budgeting app, which has advanced tools to help you plan your money. When Select looked at more than a dozen apps to find the best ones for budgeting, Personal Capital stood out as the best one for investors.

Personal Capital is not only a basic budgeting app, but it is also a tool for investing that connects to your bank accounts, credit cards, IRAs, 401(k)s, mortgages, and loans. Its dashboard for keeping track of money makes it easy to see all of your personal finances in one place.

We’ll tell you all about the Personal Capital budgeting app’s tools, perks, safety, pricing, availability, and ratings so you can decide if it’s the right app for managing your money and investments.


  • No cost to use
  • Includes a dashboard for tracking your money, as well as a tracker for your net worth and a breakdown of your investments.
  • Offers free investing tools like a retirement planner, an education planner, and a fee analyzer to check portfolio fees.
  • Syncs with your credit cards, bank accounts, and other financial accounts
  • Offers the Daily Capital blog for tips on how to plan your finances
  • Data encryption, protection against fraud, and strong user authentication are all security features.


  • There aren’t as many budgeting features as in other apps.
  • There is a price for investment management services.

Good Budget

Goodbudget is more about making plans for your money than keeping track of what you’ve spent. The envelope budgeting system, which this app is based on, has you divide your monthly income into different spending categories (called envelopes).

This app doesn’t link your bank accounts together. You add account balances, cash amounts, debts, and income by hand. You can get account balances from your bank’s website. Then you put money in different envelopes.

You can use the app on both your phone and the internet. You’ll also find a lot of articles and videos that will help you figure out how to use the app.

Goodbudget has a free version that lets you use one account, two devices, and a certain number of envelopes. Goodbudget Plus, which costs money, has more features and lets you use up to five devices and an unlimited number of envelopes and accounts.


  • Affordable
  • Intuitive
  • Supports multiple devices
  • Provides reports
  • Supports multiple users
  • Can bring in files of bank transactions


  • Only a few free plans
  • Requires manual logging
  • It takes time to use and has few options.


This app is meant to help people plan ahead for their financial decisions, not just keep track of what they have done in the past. YNAB uses the zero-based budgeting system, which means that for every dollar you earn, you have to make a plan.

As soon as you get paid, you tell YNAB how much of your money should go to different categories, such as expenses, goals, and savings. When you have to decide what to do with your money, the idea is that you will be more careful with it.

YNAB is about as hands-on as you can get with all these choices. The YNAB website has a lot of information about how to budget and use the app to help users get over that learning curve.

You can link your checking, savings, credit card, and loan accounts to YNAB. The app can be used on the phone, computer, iPad, Apple Watch, and Amazon Alexa.


  • Available on multiple platforms
  • There are both manual and automatic ways to link accounts.
  • It comes with a free trial for 34 days.


  • Costs more than most apps for budgeting
  • No way to keep track of bills.
  • The learning curve is steep

Every Dollar

EveryDollar is only about making budgets. It doesn’t let you check on your stock or pay your bills. With the free version, you’ll have to enter transactions by hand since the paid version is the only one that lets you download transactions from your bank.

But some people feel better about themselves when they enter transactions by hand. Since you can’t just confirm a transaction and be done with it, like you can with an automated or downloaded transaction, you become very aware of your spending. You can feel the weight of your spending more when you do things by hand.

Zero-based budgeting is the budgeting method used by EveryDollar (ZBB). This is a popular way to make a budget, but it wasn’t made by Dave Ramsey. “Every dollar gets a job” when you use ZBB.

So, before you spend any money, you put what you have in your hands into an account for a certain expense or savings. This makes you plan your spending ahead of time so you don’t buy things you don’t need and don’t spend money you don’t have. Even though all budgeting systems are by definition disciplined, ZBB is a bit ahead of the curve.


  • Available for free
  • User-friendly interface
  • You can link your bank account.
  • Ramsey+ now comes with the paid version.


  • Untracked investments
  • High-priced variant


Quicken is great because it is easy to use. You can easily make reports about your business’s finances, spending, and net worth. It also lets you divide receipts into different spending categories. For example, if you went shopping for both business and pleasure on the same trip, you can easily separate these costs. These features can help you keep track of your money so you know where it’s going.

Quicken has four different subscription packages that users can choose from. For entrepreneurs, the Home & Business package is likely to be the best choice. Most of the others only talk about their own money.

Bill tracking is part of all packages, but you can only pay bills if you have the Premier or Business & Home packages. This puts you in touch with more than 11,500 digital network billers and saves you time and trouble. If the idea of paying all of your bills in one place sounds good, you can upgrade to one of the other two packages for $9.95 per month.

There are also some interesting business and rental property features in the Home & Business package that make it easy to invest in properties and keep track of tenants. This package also has powerful tax planning tools that can help you with Schedules A, B, C, and E.


  • Robust budgeting
  • Strong tracking of investments
  • Simple to change.
  • Manage the money for your business as well.


  • Quicken for Mac doesn’t have all of its features.
  • There aren’t many mobile and web companion apps.
  1. Bill Keeper
  2. Fudget
  3. BankBudget
  4. Digit

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