Prioritize your spending and allocate dollars according to those priorities. YNAB follows a version of the zero-based budgeting method built around four ironclad rules: YNAB for Web (best for desktops and laptops).The YNAB app comes in multiple iterations: Spend a few minutes with it, and you just might be jazzed about budgeting. YNAB is renowned for its robust feature suite and intuitive, user-friendly interface.Īlthough it’s among the most expensive entrants on this list, you get what you pay for. You Need a Budget, or YNAB for short, is a paid budgeting app that comes with a 34-day free trial and no-questions-asked money-back guarantee. Features and Capabilities: Secure sync with external financial accounts “proven method” built around four rules for budgeting joint budgeting for couples who’ve merged finances savings goal tracking retrospective reports to track past spending.Plans: One plan for all features and capabilities.Personal Capital requires investment clients to bring at least $100,000 in investable assets to the table, so if you’ve yet to reach that threshold, you’ll have to content yourself with the platform’s free budgeting tools.Ĭheck out our Personal Capital review to learn more. It’s more like a funnel for prospective investors, with some tools - notably, the Fee Analyzer and Investment Checkup features - explicitly designed to draw favorable distinctions with Personal Capital’s competitors. Since Personal Capital is in the business of managing investments, its budgeting suite isn’t an end in and of itself. Tally up hidden and not-so-hidden fund and investment management fees to see whether you’re spending more than you should to manage your investments. Compare your present investment portfolio allocations against ideal allocations for your age and risk tolerance to determine whether adjustments are in order. Use this tool to estimate how much you’ll need to retire under various financial scenarios, then develop a plan to reach your goals. ![]() Sync your external financial accounts for insight into your household cash flow, savings rate, debt, net worth, and other key financial health metrics. This is the nexus of Personal Capital’s budgeting suite. Personal Capital is a hybrid financial advisory platform that’s among the best-regarded human-assisted robo-advisors in the business.īut Personal Capital does have a useful suite of money management tools in a mobile-friendly package. Features and Capabilities: Account Dashboard (your hub for synced accounts and household financial analysis) Retirement Planner (custom retirement scenarios) Investment Checkup (comparing asset allocation and performance against age- and tolerance-appropriate benchmarks) Fee Analyzer (insight into the true cost of investing)īudgeting is not Personal Capital’s moneymaker asset management is.Plans: Budgeting and financial management tools are free.If you can’t make do with the free option, you’ll need to decide whether a comprehensive personal budget - with its accompanying potential savings - is worth the out-of-pocket expense. For $79 (or just $1.52 per week), join more than 1 million members and don't miss their upcoming stock picks. Motley Fool Stock Advisor recommendations have an average return of 397%. Some follow a “freemium” model, wherein a free entry-level product complements a more robust premium version. Before you settle on this popular platform - or any other digital budgeting app, for that matter - check out these top alternatives to Mint. Happily, quality Mint alternatives seem to grow by the month. Many alternatives are leaner and more user-friendly. It has a lot of extraneous features that casual budgeters don’t need, for instance, and it’s not particularly intuitive. While it’s still a strong choice for committed household budgeters, Mint no longer has a de facto monopoly on the niche, and it’s far from perfect besides. Now part of the Intuit family, along with TurboTax and QuickBooks, Mint was the first cloud-based budgeting app to capture the public’s imagination and the model upon which many subsequent cloud budgeting apps have been based. ![]() In December 2014, just over a decade later, a Bankrate survey found that 82% of Americans kept a household budget. In 2003, when cloud-based budgeting was in its infancy and most budgeting software still came in a box, a joint study by researchers from the Federal Reserve Bank of America and the University of Kansas found that 46% of respondents used a spending plan or budget.
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