Goodbudget Budget Planner

Rating Goodbudget Budget Planner - 4 out of 5 - Good Rating 4.0

  • Android, iPad, iPhone
  • Free
  • age 18+
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About Goodbudget Budget Planner

Goodbudget is a fairly popular app for budgeting. Goodbudget allows you stay on top of your bills and finances in this virtual envelope system. You share and sync your budget across Android, iOS and even the web, making it great for people with shared finances.

Goodbudget Budget Planner Review

What's it about?

Goodbudget (Free, with a paid option) is a great alternative for anyone who practices envelope budgeting, where you divvy out your income into specific categories, such as Groceries or Debt Repayment. The service allows for multiple accounts and devices as well, making it great for partners and family members and it ensures you’ll never be caught off guard by another expense.

Formerly known as the Easy Envelope Budget Aid (EEBA), the Goodbudget app is based on the envelope budgeting method that has been around for decades. The concept is simple, yet very effective. Every time that you get a paycheck, you split that paycheck into envelopes representing expenses, such as groceries, babysitting, and entertainment. Once the money in that envelope is gone, you can’t spend any more.  

Goodbudget brings envelope budgeting into the digital world through your smartphone device. If the app seems to force you to write down every single expense that you make, that’s the whole point! With Goodbudget, you curb your spending and become more aware of your purchases. The free version allows you to manage up to 20 envelopes, sync one bank account, and keep one year of transaction history. Goodbudget is available on Apple and Android devices.  

Is Goodbudget free?

Goodbudget is free for basic use, if you only have a limited number of accounts or spending priorities. If you've got a big budget, you'll need to upgrade to a monthly subscription at $6 a month.

You can use the app entirely for free, and be able to access nearly all of the same functions without paying for them. Paying for Goodbudget Plus provides expanded capabilities, compared to the free version. 

How much Goodbudget costs?

Goodbudget offers two different plans: a free version and a paid subscription known as Goodbudget Plus.

Is Goodbudget safe?

Yes, Goodbudget is secured using 256-bit encryption, which is a similar encryption level to other financial institutions.

Pros

  • Envelope Budgeting System
  • Connect Bank Accounts
  • Cross-platform
  • Graphs and Reports of your spendings

Cons

  • Slightly complex and clunky UI

It features cross-platform support so you can check it out on Android, the web, or iOS if you want to. Everything syncs between those platforms. Additionally, you'll get expense tracking, income tracking, and some other decent budgeting tools. It uses Material Design and it looks lovely. You can also export your data as a CSV file, QFX (for Quicken), and OFX (Microsoft Money) in case you need that. 

Goodbudget has a variety of budgeting goals you can work towards, from your everyday expenditures down to planning a wedding or buying a house. The website is also full of financial advice including education podcasts and a Budget Bootcamp.

If you are familiar with the envelope budgeting technique, with Goodbudget you will feel right at home. Even if you are not, this is a great app to get started with and get full control over your money and how you spend it.

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App Details

Ratings

Devices

Android, iPad, iPhone

Price

Free

Category

Skills

Organisational and Productivity Skills

Safeguarding

In-App Purchases - No

In-App Advertising - No

Publisher

Dayspring Technologies

Download Goodbudget Budget Planner

You can download Goodbudget Budget Planner on your iOS or Android devices from the app stores. Download the Goodbudget Budget Planner app from the Apple App Store or the Google Play Store.

Download Goodbudget Budget Plannerfor Android Download Goodbudget Budget Plannerfor iOS

Screenshots of Goodbudget Budget Planner

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