- Monitor multiple account balances in one app
- Helps to make a plan for spending money before getting paid
- Follows Dave Ramsey's (financial guru) system
- User friendly interface to input income and expenses and track spending
- Web and mobile app for tracking your progress
- Free version is available
- Paid plan has access to an active online community
Pros
- Back accounts are not synced in the free version.
- Supports only the zero-based budgeting strategy
- Does not keep track of investments
- Ramsey+ plan is required for automatic transaction import
Cons
EveryDollar Review
A zero-based budgeting app can help you plan for monthly expenses and track your spending
EveryDollar Alternatives
YNAB stands for You Need a Budget.
YNAB is a zero-based budgeting system that "gives every dollar a job" for $6.99 a month (with a 34-day trial) and is less expensive than EveryDollar.
When comparing YNAB and EveryDollar, YNAB has a steeper learning curve, but the tool and support are far better. In addition, the community of people who use YNAB is one of its most valuable assets. You can get a lot of help not just from the company, but also from other people like you.
Personal Capital
Personal Capital allows for automatic transaction downloads to a budgeting application that performs basic spending tracking and budgeting. Personal Capital is not as advanced as other budgeting programs, but it does offer investment tracking, which EveryDollar and the others on this list do not.
You'll want to keep an eye on the future and your retirement as your finances progress beyond budgeting. Personal Capital provides those tools for free and is a good method to ensure your investments are operating as expected.
Mint
Mint is the answer if you want to track your budget for free. Mint, on the other hand, is not a zero-based budgeting system. You can set goals and track your spending toward those goals, but you are not required to spend your entire budget.
Mint is also significantly more congested due to the fact that it is ad-supported. Expect product recommendations/pitches during your budgeting process.
