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04 May 2018 | Written by Daniel Dewitt

5 Budgeting Apps to Use in 2018

In just the last twenty years, the power of computers has exploded beyond what anyone ever imagined possible, and that’s had a huge impact on all of our lives. The same processing power the smartphone in your pocket has today is greater than all of the computers in the world combined in 1999.

What does this mean for us in a practical sense? That we should take advantage of the awesome power of the digital age whenever possible, and one place it could be utilized way more often than it is is personal finance and budgeting. Today we’ve gathered together the 5 most useful digital money managing and budgeting apps to make your life easier and richer.



Simplicity and ease of use is key when it comes to a good budgeting app, and Wally has both to offer in spades. It’s the perfect app if you just want to dip your toe into the larger world of budgeting apps, and will get you used to features like expense tracking, analyzing your spending habits, and projecting your potential income.


Dollarbird is another great app for creating structure around managing your monthly expenses. It’s more feature-rich than Wally, and gives you a greater degree of control over all aspects of your finances. The trade-off is that it’s more work-intensive as you’ll have to enter your expenses by hand. Still, if it’s detail you’re after, then Dollarbird could be the right financial app for you.



Digit goes in the opposite direction of Dollarbird, offering a little less control in exchange for less of the tedious work of managing your finances. It will passively track your spending and use the data to create an average income and expense comparison. From that number it will calculate how much could be removed from your budget without impacting your lifestyle too greatly, and automatically deduct and deposit that amount to a savings account each month. Having an emergency fund is key in avoiding the need for credit cards or installment loans for an unexpected expense.


If creating and sticking to a budget is tough for one person, it gets exponentially harder with each person you add to the equation. Coordinating and maintaining a single budget can be incredibly difficult, but with HomeBudget the seemingly impossible suddenly becomes simple. It has a sync feature so that any changes made to your budget are instantly pushed to everyone in your financial family, making it easy for everyone to stay on the same page. Coordination and communication is key to a successful budget, and through the power of the cloud it’s easier than ever.



Mint is the most popular budgeting out there, and there is a reason for that. Like all the other apps on this list, Mint automatically tracks your spending, but the real value to this industry favorite is that it automatically breaks your expenditures down by category, giving you a very clear visual representation of where your money is going. It can then help you craft a budget or investment plan to ensure that the money you work so hard for doesn’t go to waste. Mint is an incredibly feature-rich app, and while it may take time to master, it’s easy to see why it America’s most popular budgeting app.

Daniel Dewitt