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Financial Planning Basics

Budgeting Apps: We Tested Four, So You Don’t Have To

by
Marie St. Clare
CFP® - Financial Advisor

September 19, 2024

The picture shows a computer screen full of graphs and charts to represent budgeting apps.

Are you looking for an effective way to track and manage your money? Have you explored budgeting software? There are quite a few apps out there so you may be unsure about which one is right for you. 

 

In this article, I describe four different popular budgeting apps, providing an in-depth look at the pros and cons of each to help you make an informed decision. I will explain the strengths and weaknesses of each one based on a range of features, from reports on spending, budgeting tips to allocate your income, and financial data aggregators. Log in to Sensible Friends to learn more about how a budgeting app can complement your financial journey. 

 

Budgeting apps can be useful digital tools designed to help manage your finances by tracking monthly and long-term expenses so you can plan for the future and achieve your savings goals.  
 

The article addresses key questions such as: 

  • What type of reporting is best for your needs?  
  • Is the reporting customizable?  
  • Which app(s) allow you to save custom reports? 
  • Which app(s) offer tips on how you should allocate your income?  
  • Which app(s) are the most user friendly?  
  • Do any apps have multiple financial aggregators?  
  • Does the platform have a web version as well as a mobile app? 

 

By evaluating various features, you can prioritize your needs and choose the budgeting app that best suits your needs and financial goals. 

 

Access the full analysis  

Curious to see which budgeting apps can work for you? Log in to Sensible Friends for full access to the article. Discover the differences between the four apps and learn how each could benefit you in taking control of your financial habits. As always, please contact your financial advisor if you have questions. 

 

I Bonds, CDs, and High-Yield Savings Accounts

by
Kelly Robertie
Associate Financial Advisor

August 30, 2024

The picture is of plants sprouting to represent growing savings accounts.

There are many opportunities to maximize your cash using I bonds, certificates of deposit (CDs) and online high-yield savings accounts.

How Much Do Other People Spend?

by
Chris Andrysiak
MBA, CFP® - Senior Financial Advisor and Senior Director of Strategy

July 31, 2024

The picture shows a tiny home between two large ones since the article is about different spending levels.

 [Learn more…]

Managing Money as a Couple: Early Marriage 

by
Rick Miller
Ph.D., CFP® - Founder

April 30, 2024

The image shows a young couple preparing breakfast together to represent early marriage.

 [Learn more…]

Managing Money as a Couple: Thinking About Marriage 

by
Rick Miller
Ph.D., CFP® - Founder

January 31, 2024

The picture is a silhouette of a couple in the sun to represent the title, Managing Money as a Couple: Thinking About Marriage.

A married couple should care for one another and share values. In marriage, shared financial values matter, too.

Banks Are Riskier Than You Think: Part 2

by
Rick Miller
Ph.D., CFP® - Founder

July 11, 2023

The picture shows a metal shark fin to represent banking risk.

Banks seem like a safe alternative to the stock market, but are they? How do they really work? Is your money safe?

Banks Are Riskier Than You Think

by
Rick Miller
Ph.D., CFP® - Founder

June 29, 2023

Banks are an excellent example of the difficulties and unintended consequences that follow from attempting to eliminate risk.

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