#FinancialBytes: Money management mobile apps every couple should use
Money management and budgeting mobile apps are quite useful when it comes to managing and keeping your finances under control. Nowadays, such apps designed specifically to address the needs of couples who share finances are gaining popularity. From monitoring expenses and tracking savings to analyzing spending habits, these mobile apps offer various features. Check out these useful money management apps couples should use.
Honeydue
Honeydue is one of the best personal finance management apps for couples. It syncs with users' bank accounts and tracks balances, bills, spending, etc. Couples can also create custom categories and bill reminders. They can set budgets or household spending limits on every category; they are also notified if they are nearing the limits. The free app is available for both Android and iOS.
YNAB
You Need A Budget, or YNAB as it is commonly called, is a unique and interesting app for couples as well as individuals to work on their budget based on their income. Features offered include bank account linking, transaction linking, goal tracking, and spending trend reports, among others. YNAB app is available for the web, Android, iPhone, and iPad as well.
Firstly
Firstly is another free app (Android, iOS) that helps couples simplify their finances. It lets users add their bank accounts, credit cards, loans, and investments. It can also create a budget automatically, or users can manually set one. They can track their spending against their budget. Users can also create custom categories for budgets and expenses and choose what to share with partners.
Goodbudget
Goodbudget is another useful app that works on an envelope budgeting system: dividing money or creating separate envelopes for different monthly expenses like groceries, bills, savings, etc., and using the money for a particular task only from the corresponding envelope. It allows users to link accounts and create envelopes, and syncs their budgets across partners' devices. It is available for web, Android, and iOS.
