Since Mint announced it would shut down earlier this year, many users are seeking alternatives. Luckily, there are multiple available.
Search for apps that can connect directly with your bank accounts and automatically categorize transactions – this will save time.
Rocket Money and Honeydue are designed with couples in mind, featuring bill reminders and built-in chat to make managing expenses together simpler than ever.
YNAB
YNAB is an app that uses the zero-based budgeting method to make money management more effective, giving each dollar its own purpose while setting aside more funds toward savings or debt payments. Furthermore, this app offers a 34-day free trial which gives ample time for testing its features before committing. In addition, educational support in the form of Zoom workshops as well as advice on financial topics is also provided by this application.
As with other personal finance apps, YNAB starts off by asking questions about your lifestyle and goals before assigning categories for every line item on your income and expenses list – these categories can then be edited at any time if need be. Once you assign targets for each category, the app will show how much of your total money pool is available for spending – it can then either import transactions automatically from bank and credit card accounts, or allow you to manually add them.
This app not only tracks investments but can also show you their performance visually and compare it against that of other users. Furthermore, it keeps tabs on subscriptions to detect when you’re overpaying and alert you when an overpayment occurs; its user rating average is an impressive 4.8 stars on the App Store!
Honeydue
Honeydue provides couples with an easy way to monitor their spending on-the-go with its mobile-first experience and track bank account balances and expenses simultaneously. Each partner can view individual bank account balances as well as a joint total for expenses incurred; expenses can be classified individually or jointly, and bill notifications sent when bills come due; plus there’s even an intuitive budgeting feature designed to help users set and reach financial goals.
Honeydue allows couples to easily connect all of their bank, loan, credit card and investment accounts under one umbrella. It features an activity log to show all account balances at any one time while the Budget tab enables couples to set and track household budgets. You can even create a calendar of recurring bills with due dates so that both partners stay on top of them easily! The app also comes equipped with an instant chat function which makes communicating about any issues easier.
Honeydue is a free app designed for couples that want to share finances without investing in an all-encompassing budgeting tool like Mint. However, some features of Mint such as debt management tools and savings calculator are missing here; reviews for Honeydue have declined over time as some users complain of slow customer support or unanswered messages.
Spendee
Spendee is a personal finance app designed to help you better manage your money. Its flexible tool enables users to enter transactions manually, import data from other applications or connect their bank accounts; additionally it tracks expenses and income as well as create budgets based on income or spending habits – and all this without an internet connection! You can even access it whenever necessary offline!
This app is easy to use and offers an appealing design, featuring bill reminder calendars and live account balance updates. Furthermore, multiple accounts may be linked via a premium subscription option of the app.
Spendee’s smart budgets feature alerts you when your expenses approach certain spending limits in different categories, providing insights without requiring you to access credit and bank accounts directly for tracking expenses.
Shared Wallets feature of Spendee App is another effective way of managing money. This feature enables you to invite members into your Spendee wallet, giving them access to budgets, expenses and income information – ideal for couples, roommates or friends sharing expenses and earnings.
Rocket Money
Rocket Money is an app designed to assist users with taking control of their finances. By connecting all your financial accounts, it provides a comprehensive view of where you’re spending your money and also works to identify subscriptions and monthly bills based on recurring charges that can help create a budget plan. Track spending at whatever level suits you best or use Rocket Money to set savings goals based on habits – no matter how high-level or granular it may get!
Rocket Money’s primary strength lies in identifying and cancelling unnecessary subscriptions, but it also offers savings by helping negotiate lower service bills. Their team of experts are on hand to find and negotiate deals on your behalf such as discounts for cell phone or cable bills as well as lower rates overall. Furthermore, there’s also an easy-to-use transaction management system which lets you view spending patterns at a glance while categorizing expenses.
The app is free to download, but some features require a premium subscription – such as subscription and bill management, budgeting tools, and an FDIC-insured Smart Savings account that automatically transfers savings into an FDIC-insured bank account. It also offers notifications ranging from credit score updates to debt payoff plans.