Good morning my fabulous frugal friends! As promised in my earlier post-Top 10 Ways to Save Money in Illinois, I promised to share everything I have done in the last year to save money. So without further ado, here are some of my favorite budgeting tools that are available for free.
I have found that once you become more cognisant of where your money is going, you tend to make better financial decisions altogether. For example, I never realized how much money I spent at Starbucks until I started tracking my expenditures, and I spent at least $50 a week there. When you start to really think about it, that’s $2,600 a year on coffee alone!
Coming in at number one is Intuit Mint. I can personally tell you that this has been this freebie has been most instrumental in my personal financial journey. How does it work, you ask? For starters, you can see all your accounts in one place. In addition, you get a bill payment tracker, budgeting goal tracker, budget alerts, and your free credit score. It even lets you categorize your bank transactions!
- Mint: Mint is a free budgeting tool that allows you to connect all your financial accounts in one place. It automatically categorizes your expenses and provides personalized budgeting advice. Start reaching your financial goals with powerful tools, personalized insights, and more. Sign up for free here.
- Personal Capital: Personal Capital is a free budgeting tool that offers a comprehensive view of your financial situation, including your investments, net worth, and spending. It also provides personalized investment advice.
- EveryDollar: EveryDollar is a free budgeting tool that helps you create a monthly budget and track your spending. It offers a free version and a paid version with additional features.
- PocketGuard: PocketGuard is a free budgeting tool that helps you track your spending and create a budget. It also offers personalized saving tips.
- Goodbudget: Goodbudget is a free budgeting tool based on the envelope system. You can set up virtual envelopes for your expenses and track your spending in each category.
Many more free budgeting tools are available online, so it’s worth exploring a few options to find one that works best for you.
Have a great day,
~Kelly