![]() The app has some pretty nice features that make it so successful. YNAB is often recommended by experts in the personal finance space and for good reason. Based on a four-rule method of budgeting, YNAB makes our list of best budget apps for families because it helps out people who appreciate being proactive with their finances. YNAB-short for You Need a Budget-is a budgeting app created by a former CPA named Jesse Mecham. EveryDollar: Which Budget App is Better? YNAB With the premium plan- $12.99/mo or $79.99/year-you gain access to added features including connecting your bank accounts, recommendations based on your purchases, and custom income and spending reports. ![]() With the free version, you get access to basic budgeting features like budget personalization, setting up savings funds, and syncing the app across multiple devices. ![]() There are both free and paid versions of the EveryDollar app. ![]() The second noticeable downside is that it does not offer credit score monitoring or investment tracking with any of its subscriptions. The first downside is that the free version does not allow you to sync your bank accounts so you have to input every transaction manually, and that takes quite a bit of time. While EveryDollar can be a great tool for families who follow Dave Ramsey's money management system, there are some definite downsides when you compare the app to others on the market. Syncing with more than one device so couples can use it together.Being able to split transactions up into multiple categories.Personalizing categories so you can have the ones you actually need.There are some nice features to using EveryDollar and these include: The app is specifically geared to those following Dave Ramsey’s famous money management system. Related Content: How to Create Your Mint Budget in 10 Simple Steps (for Free) EveryDollarĮveryDollar is a budgeting app created by Ramsey Solutions, a business founded by personal finance expert, radio host, and best-selling author Dave Ramsey. “Free” definitely helps when you're looking at the best budget apps for families if money is tight. With a free download, members instantly have access to all features on the platform. There are no additional costs associated with different subscription levels or any hidden fees. So, if you notice that one account is getting short on cash, you have to log out of Mint and log into your bank to complete the transfer. The second area for improvement is that while you do have to log into all of your bank accounts for Mint to keep track of, you can’t actually transfer money from one account to another through their app. And that can be pretty annoying when you’re trying to update your budget or see how you’re pacing for the month. The first one is that the app is entirely free so you can expect to see some advertisements while using both the app and the website. Like any app, there are some areas for improvement when it comes to using Mint. A bill negotiation service that works to lower your bills for you (you pay 40% of the savings if they successfully lower your bills).A bill tracker that informs you when bills are coming due.A subscription management service that points out any recurring subscriptions you may have forgotten about.Identifying which categories you spend the most on every month.Seeing all of your accounts in one central location.They provide some really great features for all users including: Mint is such a popular personal finance app for a reason. With over 30 million users, Mint is one of the most popular personal finance apps out there. Mint is a budgeting app originally created by internet entrepreneur Aaron Patzer and recently acquired by Intuit-which also owns Turbotax, Credit Karma, Quickbooks, and Mailchimp.
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