Managing finances can be a daunting task for any family, but with the advent of budgeting apps, the process has become significantly easier. These apps allow families to track their expenses, monitor their income, and stay on top of their financial goals. With a plethora of budgeting apps available for Android and iOS, it can be challenging to find the most suitable option for your family’s needs. In this review, we will evaluate the best family budget apps available for both Android and iOS platforms, based on their features, usability, and effectiveness in helping families manage their finances.
We have compiled a list of 8 Best Family Budget Apps For Android & iOS for your consideration, which have undergone rigorous testing and evaluation by our team of experts.
Table of Contents
8 Best Family Budget Apps For Android & iOS
The application boasts a simple and user-friendly interface that allows for the quick creation of expenses, incomes, and transfers in three clicks. Users can select three circles with their finger to specify the account, category, and date without needing to drag anything.
One of Cubux’s unique features is its ability to enable users to control their finances with family and friends on different phones. The tool enables synchronization with the website www.cubux.net, providing seamless access to the same data across different devices.
Cubux offers several other features that make it a comprehensive personal finance management solution. These include joint accounting, support for all world currencies, customizable rate during transaction operation, a debt and budget module, convenient analytics, and export to XLS format.
Users can also access a password-protected login for increased security. If users have any questions, they can utilize the Online Support feature or contact the Cubux support team at https://support.cubux.net.
2. Fast Budget
Fast Budget is a budgeting app that enables users to easily track their personal or family finances. The app provides users with the ability to check their daily expenses and improve their savings. Users can visualize the flow of their money at a glance with the fully customizable Overview page. Fast Budget offers tools for managing money such as various types of charts and a useful calendar. Users can sync their data between devices and connect their bank accounts.
The app’s Bank Synchronization feature allows users to download their transactions from their bank account automatically. Users can check if their bank is supported inside the app. The app allows users to create and modify their accounts as they like. There are two account types: normal and hidden. The hidden accounts can be very useful for tracking small businesses or hobbies. Users can use the graphs of each account to check the progress of capital on a daily, weekly, or monthly basis. In addition, there is an entire section for credit cards. Both accounts and credit cards can be used in more than 90 different currencies.
Users can easily insert their revenues and outgoings using Fast Budget’s Transactions feature. There are various tools within this budget manager to speed up the insertion of a transaction such as scheduled earnings and expenditures, transaction templates, default account for profits and costs, and two widgets to accelerate the creation of an operation. The app’s Scheduled Transactions feature allows users to schedule their income or expenses to recur over time. Users can set up a reminder that notifies them when the transaction is due.
Fast Budget enables users to create custom budgets to always know how much money they still have available. Budgets are divided by category and users can choose the duration they run for. Users can select multiple categories for each budget. The app also allows users to track their debts and credits toward banks, friends, or companies in a dedicated page.
Goodbudget is a personal finance manager and expense tracker designed for home budget planning. It is a virtual update of the envelope system used by some grandparents and helps users stay on top of their bills and finances in real-time. It is available for Android, iPhone, and web platforms, and allows users to sync their budget with partners to keep everyone on the same page.
Goodbudget has been recommended by several experts, including Google, The New York Times, Forbes, LifetimeTV, Boston Globe, About.com, Lifehacker, and the Register. It is ranked #3 in App Quality across all finance apps in both major app stores and has been downloaded over 3 million times. Users have also expressed their love for the app.
The app is chock full of features such as automatic syncing across multiple devices, envelope and account balance checking, goal and annual envelopes for saving, scheduled transactions and envelope fills, and smart payee and category suggestions. Users can also easily transfer funds between envelopes and accounts, search for transactions, add income, and edit accounts. Goodbudget also provides insightful reports and allows transactions to be downloaded to CSV and imported in QFX and OFX formats.
Goodbudget is based on a proven envelope system that rewards self-control and helps users live within their means. The ad-free free version includes 10 regular envelopes and 10 annual envelopes while subscribers get more features such as unlimited envelopes and accounts, syncing up to 5 devices, and 7 years of transaction history.
Users can email firstname.lastname@example.org for any features or bug-related issues.
4. Home Budget with Sync Lite
The HomeBudget app is designed to help users keep track of their expenses, income, bills-due, and account balances. It offers budgeting support and enables users to analyze their expenses and income through charts and graphs. Two key features that differentiate HomeBudget from other expense trackers are its integrated set of features and Family Sync.
HomeBudget’s features are integrated in such a way that a bill can become an expense and adjust the account balance simultaneously. Meanwhile, Family Sync allows devices within a household to exchange expense and income information and work together under a single budget. The app provides support across all features, including Bills and Accounts.
HomeBudget’s key features include the ability to create, edit, and delete expenses and recurring expenses. Users can also browse expense entries by month or category/date with the option to drill down. Other features include the ability to attach photo images of receipts and search for expense entries. The app also enables users to create, edit, and delete income and recurring income entries.
The Bills feature allows users to create, edit, and delete bills and recurring bills. It offers support for Payees and tracks payments by Payee. Users may also make payments on bills as an expense or transfer to avoid double accounting expenses. The Bill reminders feature offers a calendar and list view of bills.
Under Categories and Budget, users can create, edit, and delete expense categories and sub-categories. They can set a budget and track expenses at the category/sub-category level. The app allows users to associate icons with the categories and reorder category display order. Budget rollover is also possible, and expenses may be classified into fixed, variable, and discretionary categories to compute disposable income.
HomeBudget supports Accounts such as Checking, Savings, Credit, Debit, Cash, and more.
Wallet is a personal finance manager designed to help users save money, plan for the future, and view their finances in one place. Features include automatic bank synchronization, weekly spending reports, debt management, bill tracking, and sharing capabilities.
Users can view their finances anytime, anywhere, and the app offers clear, tangible goals that are easy to track in real-time. With beautifully designed reports on their accounts, users can gain full control of their finances.
Wallet’s unique features include automatic bank updates, flexible budgets, insightful reports, planned payments, sharing selected accounts, and the ability to import or manually update transaction data from various sources. Other features include multiple currency support, cloud sync, receipt and warranty tracking, categories and templates, geo-mapping transactions, and more.
To start using Wallet, users can download the app, create an account, and begin budgeting and tracking expenses. Wallet is certified with eTrust and routinely updates with new features and improvements. The Wallet Now and Wallet Life section offers financial tips and advice.
Monefy is a financial organizer and finance tracker that simplifies budget management. Users can add each expense they have, including daily purchases and bills, in one click. This money manager allows for quick and enjoyable tracking of daily expenses.
Monefy is also a budget planner and one of the best savings apps to help with money management. Users can keep track of personal expenses and compare them to monthly income to keep their budget in mint condition. This budgeting app can help users become budgeting masters and start saving money.
For users who own multiple mobile devices or want to share budget and expense tracking with a significant other, Monefy safely synchronizes data between devices. Changes made on one device will be reflected on other devices right away.
Key features of Monefy include an intuitive and easy-to-use interface for quickly adding new records, an easy-to-read chart for spending distribution, safe synchronization using Google Drive or Dropbox, control of recurring payments, multi-currency tracking, handy widgets for easy access to the spending tracker, management of custom or default categories, one-click backup and export of personal finance data, budget tracking to save money, passcode protection for security, the ability to use multiple accounts, and a built-in calculator for number crunching.
The mission of Monefy is to empower people to be in control of their lives by bringing awareness of their finances. For more information, visit their website or Facebook page.
CoinKeeper is a personal finance management app that helps users track their budget, bills, income, and expenses. The app has a new Material design specifically created for Google Play. According to reviews from AppAdvice.com, 148apps.com, and Tap! Magazine, CoinKeeper is an easy-to-use app for budgeting that takes a unique visual approach to financial control.
With CoinKeeper, users can track their spending and plan their finances on their smartphones and tablets. The app allows users to quickly add income or expenses through a “coin” interface, set monthly budgets, manage a family budget, and sync their account across different devices. CoinKeeper also includes features like financial goals, reminders for recurring payments, detailed statistics, debts management, a code lock, and support for all world currencies.
CoinKeeper receives regular updates with new features every month. Users can reach out to the app’s support team through email or by following CoinKeeper on Twitter and Facebook.
Mint is a free money manager and financial tracker app that helps users manage their finances in one place. Users can track their transactions and account balances, monitor their monthly expenses, control spending with the money spending tracker, receive bill reminders, and connect all their cash, credit cards, loans, and investments with just one tap. Mint also helps users track expenses, transactions, monthly budgets, account balances, subscriptions, expenses, taxes, and calculate their net worth and spending trends.
Mint offers personalized insights and custom budgets to help users reach their financial goals, spend smarter, and save money. Users can set custom financial goals in the budgeting app, get actionable tips tailored to them, and celebrate their progress. Mint also supports cryptocurrency from platforms such as Binance, Blockfi, Coinbase, Coinbase Pro, GEMINI, Kraken, Paypal, and Robinhood.
Users can apply for home loans with Mint’s partner, Rocket Mortgage, and get money-saving offers from their partners. Mint is part of a suite of financial tools that include TurboTax®, QuickBooks®, QuickBooks Self-Employed™, and ProConnect™. Mint currently connects to US and Canadian financial institutions only.
Mint takes security seriously and constantly improves its security measures to keep its users’ accounts safe. Users can learn more about how Intuit works to protect their privacy by visiting https://security.intuit.com/index.php/privacy. By installing or using Mint, users agree to its terms and conditions: https://mint.intuit.com/terms.