Our Top 5 Budgeting Apps for Apprentices

Written on: 6 December 2017
Written by:Baltic

In the festive season, it’s easy to overspend. Budgeting is an important skill to have, but it can be a time consuming, or boring process.

Luckily for us, we live in a digital age where tech works for us. Budget apps allow your smartphone to become your financial advisor! These apps reduce the time spent calculating your finances, and figuring out how much you can spend each month: everything is automated now.

The only problem you have is – what app should you choose? There are lots of different varieties that will automate your budget, learn your habits, and alert you of upcoming bills before making large splurges.

Here are our top 5 budgeting apps to help you through this Christmas.

  1. Yolt

Yolt is an App that is available for Android, and iPhone devices. Yolt uses the same double encryption security that banking apps do, so you can feel safe inputting your bank details to track your spending.

This is a really cool app: Yolt is very intuitive. It categorises your purchases into different areas such as: bills, shopping, eating out etc. This process is automatic as Yolt recognises, and associates your transactions into pre-defined sections. The transactions that the app doesn’t recognise are assigned to a general category which can later be edited manually.

Yolt’s Smart Balance feature also takes into account any upcoming bills that need to be paid: these are then factored into your budget – no more unexpected bills!

The Yolt app allows you to track your spending, and stick to your budget. You can download it here on Android, and here on Apple devices.

  1. Mint

Mint is one of the most popular budgeting apps available. The Mint app connects to your bank account, and the app uses your details to create a personalised budget.

Like Yolt, the Mint app uses the same security as banks: so, you can feel safe inputting your details. Mint takes control of your budget for you! The app also sends alerts to unusual charges, and helps identify how you can save money, and reduce your daily spends.

The Mint app is available to download here on Apple devices, and here on Android devices.

  1. GoodBudget

GoodBudget is an app available for free, and in a premium version. We’re just going to talk about the free version here though!

The app works as a digital envelope budget system: this helps manage your budget by grouping costs into separate categories i.e. envelopes. Each month, your expenses are divided into envelopes for each budget category: then you spend from each category’s set budget. You only spend from that envelope – so you won’t overspend. And, you can sync the app over multiple accounts, and devices.

The Goodbudget app is available to download here on Android devices, and here on Apple devices.

  1. Wally

Wally allows you to log all your spending either manually, or by taking a photo of your receipt. This allows you to keep track of how much you spend, where you’re spending, what you’re spending on, and how much.

The Wally app also uses your location to figure out where you can save money in real time when logging an expense. As an added bonus, you can receive notifications when a bill is due, or when you hit savings goals. You can also keep a record of all your receipts just by taking a photo on the app.

Wally is available to download here on Apple devices, and here on Android devices.

  1. PocketGuard

PocketGuard is another app that connects to your bank account. This app has a very simple interface – so it’s extremely easy to use. Your home screen includes how much is currently in your account, and the total you have spent for the month.

The interface uses charts which show where you spent your money, and how much you spend in each area. It also has a cool feature for iOS devices where it will sync with your Apple Watch. PocketGuard is great for giving you the big picture of your spending, and your budget capabilities at a glance.

You can download the PocketGuard app on your Android device here, and on Apple devices here.


We hope our top budgeting apps will help you this Christmas!


Written on: 6 December 2017
Written by:Baltic