Many uncertainties came through these past years, which challenged our budgeting skills. It is tough to ensure that there is always enough money in the budget for expenses and savings. Thus, budgeting is even more crucial today to ensure financial stability, despite not having subsided the crisis. Although it is good to keep monitoring finances, making a budget sounds overwhelming or discouraging for some. 

Besides, writing and computing a long list of finances throughout the week or month is genuinely stressful and tiresome, especially when the budget doesn’t work the way expected. It’s 2022, and apps are getting more creative. Besides, there are so many budgeting apps available in the app store that can surely provide convenience in sustaining the budget and monitoring spending habits. Hence, drop that tiring traditional budgeting and try downloading one of these budgeting apps for better financial management in 2022.

Mint

With over 22 million app users, Mint is one of the most highly rated and popular budgeting apps in the market. No wonder it is highly recommended by many. It is free and easily accessed, making it an excellent budgeting app. Thus, Mint is the best choice for people who just started trying to use budgeting apps and teenagers, especially those offered jobs for 14 year olds. 

The budgeting app assists users with various app features such as due date reminders, tracking investments, tracking monthly bills, organizing expenses, calculator, educational resources, and TransUnion credit scores. Since it is free, the app is supported by revenues from product advertisements.

Thus, users may be bothered by these short advertisements from time to time. To use the app, users can either connect their financial accounts or manually input all the transactions in the app to record expenses, and Mint will automatically remind users when the expenses are near to exceeding the budget.  The app also has a security feature like Verisign to protect users' data.

You Need A Budget (YNAB)

For hands-on budget enthusiasts who like to do a zero-based budgeting technique, You Need A Budget (YNAB) certainly suits that kind of preference. Zero-based budgeting simply means that income is fully allocated in a different set of spending such as savings, bills, and investment, ending up a zero balance or bottom line. This helps users make plans to put their future income efficiently instead of taking a trip down memory lane of past expenses, which only offers awareness of spending habits.

Upon signing up, users can now choose either an annual subscription of $98.99 or $14.99 per month, plus a complete money-back guarantee if users are not satisfied with the app. The budgeting app also offers a free trial for 34 days for users, while students can get 12 months free subscription. 

The app will take all the records of the user’s transaction through synching financial accounts in the app or manual input of the transactions. After that, the app will automatically organize the income into either default or customized budget categories. There is no need to be concerned with data security as YNAB has the latest technology for securing users’ data.

Simplifi By Quicken

Simplifi by Quicken is best for closely monitoring cash movements and for people who are tired of keeping those boring budgeting plans. What is good with this app is that it allows users to personalize their spending plan and watchlist that helps users to control their spending and make a better financial plan in the future. 

Compared with other apps, Simplifi by Quicken is affordable for only $35.99 per year and $2.99 per month. Users can also avail of the free trial for 30 days before paying the subscription. To use the app, users must link their financial accounts in the app, after which users can now have an overview of their current financial standing, then the app will do the rest to do the budgeting based on the user’s preferred settings. Security features of this app are also outstanding as it uses 256-bit encryption to keep users’ financial data better.

Conclusion

Budgeting helps achieve financial goals efficiently, and budgeting apps make it even easier. Not only that, through these budgeting apps, users can be more aware of their spending habits and improve their skills in financial management. Financial security comes from dedication and effort. Thus, consider using a budgeting app as a stepping stone towards freedom from financial burden.