Best Budget Programs

Best Budget Programs

Maintaining a budget can be a lot of work, but it is not impossible. In the past, budgets were handwritten, which took a very long time. Not only did handwritten budgets take a long time to put together, they also were prone to many errors. Thankfully, presently writing budgets are a thing of the past, for most of us at least. Now, we are able to plan our budgets with the help of technology. The best budget programs have a user-interface that makes it easy for even the least technology savvy person to use.Stacks of coins with the word BUDGET isolated on white background
There are different programs available, however, one of the best budget programs is Intuit’s Mint and Quickbooks. Intuit is also the maker of Turbotax which I talked about in my earlier post. Below I will give you more details on each of their products.

Intuit Mint

Intuit Mint is a very powerful budget platform that has many facets. This platform allows you to easily create budgets with suggestions that are based on your spending habits. Mint also tracks and pays your bills. Additionally, you can schedule payments and set up alerts that notify you when your payments are due. There is a built-in credit score monitor with improvement tips. There is no credit card required for this service.mint logo

Intuit Mint also keeps track of your money; you can link your bank accounts, credit cards, retirement and investment accounts all in one location. This alleviates the need to log into numerous accounts to pay your bills and manage your money or investments; you can do it all with Intuit Mint. There is also an app that you can download onto your phone.

Intuit Quickbooks

Intuit QuickBooks is an accounting platform that is very user-friendly. With this program, you can track your money for both your business and personal accounts. QuickBooks enables you to stay on top of your business(s) mileage, income/expenses, invoicing/payments, payroll, track time/sales/inventory, track receipts. QuickBooks also helps you maximize your tax deductions.quickbooks logo There are four different products; self-employed, simple start, essentials and plus. The prices range from $5-25/monthly. You can click here for a 70% discount.

Intuit QuickBooks Canada

QuickBooks also has a Canadian portfolio with all the same features and benefits that are discussed above. The only difference is that they have three products; EasyStart, Essentials, and Plus. The prices range from $6.50-$12/monthly. These are Black Friday sale prices and will increase on November 29, 2017. This is up to a 70% discount; you can take advantage of these prices by clicking here.

Spentapp (Spent Money)

Spentapp or Spent Money is an application that helps you manage your  finances and with the money that you are already spending on your daily purchases you can earn cash back. This is in addition to any existing loyalty accounts that you have previously set up already. Spentapp has partnered with thousands of financial institutions to enable their users to securelyphone displaying cash back for spent money app connect all credit and debit accounts; these will automatically earn cash back from everyday purchases made.

Once your accounts are linked, your transactions are then categorized. You do have the option to update these categories as well as create additional folders to help classify your expenses. Spent Money analyzes your expenses and makes it easier for you to pin point opportunities for savings. You can separate your business and personal expenses.

Additionally, Spentapp allows you to personalize your cash back options; they provide a list of featured brands monthly of which you can choose from. There are companies such as Amazon, Uber and Walgreens just to name a few. You earn an automatic 1% cash back and up to an additional 15% cash back when you use your connected debit/credit accounts. This is an awesome application and can make your debit account work just like a cash back rewards creditcash back stamp card.

Spentapp for business allows for simple expense reporting; employees can report expenses up to $75 and capture and submit e-receipts. There is an administrator dashboard which enables expenses to be reviewed and approved. Additionally, there is detailed analytics provided for company expenses. There is a free version as well as a Pro version which costs $4/month; where Pro is integrated with QuickBooks. You can get Spentapp for business by clicking here.

The budgeting programs that I recommended above I personally use and they are great products. If you have any questions at all feel free to leave a comment below.

 

4 thoughts to “Best Budget Programs”

  1. Thank you very much for the brilliant article on how to budget. I’ve always had trouble saving my money and these applications you mentioned seems like a good way for people like myself.

    Even though there are monthly fees to use these programs, but savings is better than no savings when I don’t try these programs haha.

    Out of them all, which one do you like the most?

    Thanks again,
    Eric

    1. You are welcome for the article! I enjoy sharing all the information I have to help others. I do want to let you know that Mint is free. That is my favorite program out of them all. I use it daily. I use it to pay my bills, budget my finances, manage my investments, and monitor my credit. You should try it, as it is a great program and it allows you to keep all your information collectively. If you have any further questions feel free to ask anytime.

      Shwana

  2. Shawna, thank you ever so much for such a helpful insight. I must admit, the idea of having an app that serves you as an electronic bookkeeper of all your accounts, personal as well as business accounts, is something that really appeals to me. Likewise, altohough many bills are paid on a direct debit basis, it sounds really useful to know that, for those regular bills that can Pinot be paid automatically, the app will remind how.
    My concern is only one. You mention Intuit has a Canadian version. Do you know whether they are based in UK too?
    Thank you in advance for your help. Any suggestion will be welcome 🙂

    1. You are welcome for the information! Intuit has great products, especially Mint and Quickbooks. There is an Intuit Quickbooks UK; however there is no Intuit Mint UK. You should try the QuickBooks; I have that as well as the Mint. I hope I answered your questions if you have anymore please dont hesistate to ask.

      Shwana

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