Budgeting Apps

karensmith

Hi 😀 I have tried different apps to help me with budgeting, but not getting on with them too well 😐 Is there any good ones what anyone can recommend ? Thank you x

enjoyyourshoes

Hi

make your own:-

1. Pencil and paper works well if it relatively simple

2. Excel cash flow assists if you have many annual/1/4ly bills etc

Budgeting or reconciling bank account ?
Again pen and paper if few transaction
or
Excel if you have many reoccuring DD/SO and more complex arrangements with CC/debit cards/amazon/paypal etc.

Anyone with rudimentary Excel skills could help you create these.

If you design it for yourself you are more inclined to use it and its more bespoke for your needs

Dobbibill

alot of posters recommend YNAB [You Need A Budget]. From what others have said, it takes a study of the tutorial but once they get into it, they wouldn't change.

If you are a fan of spreadsheets, there's a few templates here, which I use and find really good.

Westie983

A fan of YNAB, been using for over a year now and made my money back two fold, and now have worked out where I was 'losing' all of my wages, each month.

Dandytf

Contactless payments and ynab iPhone app.

Excellent, mean I can add recent transact actions at my own leisure.

No_6

MS money, excellent for many,many accounts, beats any home made excel spread sheet.
It's not a app though so you will have to use it on a laptop or puter.

I know ! very old fashioned but I run 23 accounts on it now.

colsten

Whilst I am a huge fan of MS Money / AceMoney myself (I use AceMoney exclusively), I think for someone who is is just starting out for the first time and doesn't need to track any investments, YNAB should be the top choice. That's not least due to the fan base it has gathered on MSE, which will be helpful for any queries people have. Also it uses modern technology and has an app, and there are lots of webinars that people seem to be really impressed with.

peter_333

I'll put my vote in for YNAB, too. I just subscribed today, after the one month trial. As others have said, it takes a little patience to understand the methodology and to build the habit of using it, but now I absolutely love it!

Reckless_Saving

I don't get the subscription model of an application like YNAB, why commit to a monthly outgoing ($50 per year), how can it save you money compared to other free options?

No_6

I also do not get the idea of paying for a money savings program,
of any sorts, when you can use MS money for free.

Even Colsten says it is good ?

colsten

No_6 wrote: »

Even Colsten says it is good ?

I admit, I had forgotten that YNAB are now charging a regular fee. This might mean they are no longer so good - I agree, there is not really a point in paying an ongoing charge for a personal financial software package.

Still, I don't think MS Money cuts the mustard for newcomers. People wants apps these days.Anything that requires an ancient version if Internet Explorer simply doesn't have a long term future. MS Money - type technology might see me through my remaining time on this earth as I have PCs and laptops with Windows but it's not what I'd use if I was in my 20s or 30s now.

If YNAB price themselves out of the market now, something like BankTree might suit better.