My picks for the best budgeting apps. #budget #budgeting

Summary

This video highlights the top three budgeting apps based on pricing, features, and privacy. At number three is 'You Need A Budget' (YNAB), praised for its unique budgeting style but requiring a $100 yearly fee after a free trial. Monarch Money takes the second spot, offering a robust expense tracking system but is also a paid service. The top recommendation is Empower (formerly Personal Capital), a free, comprehensive financial tracking app. If you're seeking more details, you can check the full list via the link in the bio.

Takeaways

• 💸 The video presents three top budgeting apps based on style, price, and privacy.
• 💼 The third favorite app is YNAB (You Need A Budget), known for its unique budgeting style.
• 💰 YNAB is a paid app, offering a 35-day free trial, and costs around $100 per year afterward.
• 📊 Monarch Money is ranked second, offering a robust budgeting and expense tracking system.
• 💵 Monarch Money is also a paid app, similar to YNAB.
• 💡 The number one pick is Empower, which was previously known as Personal Capital.
• 🆓 Empower is a free app and is praised as the top option for budgeting and financial tracking.
• 🔗 The full list of budgeting apps is available through a link in the bio.
• 📱 These apps are recommended based on personal budgeting needs, financial tracking, and privacy preferences.
• 📆 The apps cater to both free and paid options, with Empower being highlighted as the best free solution.

Q & A

What is the main topic of the transcript?

The main topic of the transcript is budgeting apps, specifically the presenter's top three picks for budgeting apps.

What is the presenter's third favorite budgeting app?

The presenter's third favorite budgeting app is YNAB, which stands for 'You Need A Budget'.

What is unique about YNAB's budgeting style?

The transcript does not specify what is unique about YNAB's budgeting style, but it implies that it is different from other apps.

Is YNAB a free app?

No, YNAB is a paid app with a 35-day free trial, after which it costs about $100 a year.

What is the second favorite budgeting app mentioned in the transcript?

The second favorite budgeting app is Monarch money.

What are the features of Monarch money that the presenter likes?

The transcript does not detail specific features, but it mentions that Monarch money is robust in budgeting and expense tracking.

Is Monarch money free or paid?

Monarch money is a paid app.

What is the presenter's top pick for a budgeting app?

The presenter's top pick is Empower, formerly known as Personal Capital.

What makes Empower stand out as the top pick?

Empower is described as the top-of-the-line free budgeting and financial tracking app.

Is there a link provided for more information about these budgeting apps?

Yes, the transcript mentions that a link to the full list of budgeting apps can be found in the BIO.

What does the presenter value in terms of budgeting apps?

The presenter values style, price, and privacy when considering budgeting apps.

Is there a specific reason why Empower is recommended for those not looking for paid apps?

Empower is recommended for those not looking for paid apps because it is a high-quality free option.