Best Budget Apps for Families (2024) RIP Mint 🙏
ฝัง
- เผยแพร่เมื่อ 8 พ.ค. 2024
- Financial freedom becomes a lot easier with these top 5 best budget apps for families! Monarch Money: www.marriagekidsandmoney.com/... (affiliate)
YNAB: marriagekidsandmoney.com/YNAB
(affiliate)
EveryDollar: www.everydollar.com
Tiller: www.marriagekidsandmoney.com/... (affiliate)
CoPilot: www.copilot.money
CHAPTERS
00:00 - Intro - Top 5 Best Budget Apps for Families
01:45 - 5. Copilot
03:21 - 4. Tiller
05:04 - 3. Everydollar
06:52 - 2. YNAB
08:35 - 1. Monarch Money
11:50 - Final - Top 5 Best Budget Apps for Families
#MonarchMoney #YNAB #BudgetApps #FamilyFinance #PersonalFinance
OTHER VIDEOS TO WATCH
Monarch Money Review: Pros, Cons and Competitors 🤑
• Monarch Money Review: ...
YNAB Review (2023): The 4 Rules, Pros and Cons
• YNAB Review (2024): Th...
Monarch Money vs. Mint: Which Money Tool is Better?
• Monarch Money vs. Mint...
BIO - ANDY HILL:
Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness.
Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of podcast downloads and video views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.
When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing on his hammock.
✅ CONNECT WITH US
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Podcast: www.marriagekidsandmoney.com/...
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DISCLAIMER
This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel is for entertainment purposes only and should not be considered as professional advice.
Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.
CREDITS
Research & Writing: Andy Hill
Video Editing: www.editvideo.io
Thumbnails: Ardi, The Thumbnail Wiz
Channel Management: Nev Maraj
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Access our updated list of Best Budget Apps for here: marriagekidsandmoney.com/best-budget-apps-for-families/
Thing I enjoyed about Mint was that it was free and provided a heck of alot more. Paying $100/year to budget your own books defeats the purpose imo.
I understand what you mean!
Not my favorite or close to how great Mint was, but check out Empower for another decent free budgeting option -- th-cam.com/video/6f_-v-4xRqU/w-d-xo.htmlsi=PexOE5BePFXn-MCc
I agree
Man I’ve been stressed ever since 😩😩😩😩😩😩
@@philjoneisom8884 I feel ya! Monarch is our favorite and the most "Mint-like".
They have a 50% deal until the end of March while people transition.
Dawg, I know right! Credit Karma messed the game up when they bought them out. Been struggling ever since
Yo dude, thank you for the video. I decided to follow. Looking forward to more tips.
Awesome, thank you!
Thank you so much for this helpful breakdown, helped me with deciding which platform to go with! I've been holding onto Mint for as long as possible, but it's time :(
Monarch feels just like Mint. It was created by the Mint founders so I’ve heard. :)
My wife and I were sad to see Mint go too!
We went with Monarch and now enjoy it even more than Mint.
Looking for a Mint alternative. This was great info. Thanks for taking the time!
So glad to hear you enjoyed the video!
What software did you decide on?
@@jorgezepeda2461 I’m using Monarch Money. It costs though. But great features & quick customer service.
Nice one! Very educative.
great video!
I really appreciate that! Thank you!
Liked, subscribed and notifications enabled. Great video, great energy, very relevant to my situation. Appreciate you!
I truly appreciate that! Thank you!
Thank you for sharing this video on the Best Budget Apps for Families in 2024! Managing finances can be challenging, especially for families, and having the right tools makes a huge difference. I appreciate the recommendations and tips provided in the video. Here's to better financial management and RIP to financial stress!
Thanks for watching!
Enjoyed! Thanks
Glad it was helpful!
Thanks for reviewing these apps’ websites instead of the app itself. I highly recommend you use these apps and show us you using said apps. Then it truly is a review.
I appreciate your feedback!
Very cool, thank you
Glad you enjoyed the video!
Nice! Very educative
Thank you for watching!
RIP Mint 😥
A sad day for many! 😥
@@MarriageKidsandMoney Mint isnt dead just migrating
@@Redridge07 Migrating to Credit Karma but the features you know and love won't all be there.
@@MarriageKidsandMoney thanks for the clarity
Love it thanks
Thanks for watching!
Thanks bro
Thanks for watching!
Great options!
Happy to hear you think so!
Wow. When you hit Monarch..you went full infomercial.
haha! Good feedback! Thanks :)
If it’s free…you are the product
If a company gives something away for free, they eventually have to find a way to make money from that product or service.
For example, the videos you watch here are free. But they cost money to make. To recoup those costs, we hope that we make money from the ads you watch beforehand or if you decide to use our affiliate links from these budget apps.
I agree, and I have private mail for this reason, but its $2 a month. maybe its because I am not a big money maker, but the problem isnt that the product is paid, its that everything these days wants to cost over $5 a piece and the costs add up. So they need more reasonably priced options, maybe some product that focuses on the essentials. $5 a month or preferably less.
Some questions about Monarch:
1. Since Monarch was founded by people who worked at Mint, will they make the same mistakes with Monarch in how they let Intuit purchase Mint?
2. Mint had connectivity issues with Fidelity. Will Monarch have connection issues with Fidelity too?
Also, what are your thoughts on the Fidelity Full View app? And are there any "legacy" banking/investing/financial service alternatives to Mint instead of only the services that are either startups or have been around for only a decade?
Great questions!
1. I have no idea. I hope not. Since they are charging for their service, hopefully, it will be a profitable and helpful business model for them. That's where Mint failed in my opinion. They definitely had the helpful part, but not the profitable part.
2. According to Monarch, they currently do connect with Fidelity through Finicity -- help.monarchmoney.com/hc/en-us/articles/20209369365140-Connecting-with-Fidelity
As for alternatives that aren't new start ups ... check out YNAB. They've been around for a while now.
Empower is great for investment management and it's free too -- more details on Empower: th-cam.com/video/6f_-v-4xRqU/w-d-xo.htmlsi=prKq9L3UEHuXv65K
thanks for the video. are these available in canada?
Monarch Money and YNAB are available in Canada
EveryDollar, Tiller and CoPilot are not set up for Canadians
@@MarriageKidsandMoney which is why theyre #1 and #2. thanks
@@Jkz100 You said it!
@@MarriageKidsandMoney Ive been able to use the free version of EveryDollar and just input all of my numbers with no issues.
I love that the apps feed my transactions so I don’t have to manual enter. My issue with the apps I’ve tried is the budgeting. I budget bi-weekly based on our pay cycles. My spending and food budget re-sets bi-weekly. Most of these apps force the monthly budget which throws me off and it doesn’t allow editing of the budget cycle. Any app that you would recommend?
I had the same issue when looking for a budget app, I was using Isavemoney but they put adds on the basic version now and it gets annoying
I have copilot and love it!
So glad to hear this! CoPilot continues to soar lately
YNAB hands down. Changed our lives and so many others.
Gotta appreciate that YNAB love!
Nice T-shirt
Thanks! My wife got it for me at TJ Maxx for like $15. She's awesome.
Hi!
What app would you say covers majority of the following features?
■ Allowance to input historical data
■ Bank Connectivity (including credit cards)
■Financial Investment Connectivity
■ Follows the Zero-Based Budget
■ Ease of Use with Budgeting Category
■ Ease of Use with Fund Tracking
■ Ease of Use with Net Worth Tracking
■ Ease of Use with Net Worth Forecasting
■ Ease of Use with Monthly Budget Exporting
■ 2+ users can use the same account
■ Smart Tracking Recommendations
Monarch. It's what my wife and I are using now for all of the reasons above.
www.marriagekidsandmoney.com/monarch (free trial) Use the code MINT50 to get 50% off
@@MarriageKidsandMoney How different is it from Empower? I see that Empower is free of charge in its entry costs, while Monarch requires $100 annual charge.
@@ericanderson5487 Great question! I'm working on a comparison video right now.
I would say that the Monarch budgeting tool is far superior to Empower's tool.
But for financial investment management, Empower is better.
With Empower, the service is free. Know that you will more than likely get a call from their wealth management services if your account has over $100k.
You can just say "thanks but no thanks". That's what I did and I still enjoy using the Empower tool 7 years later.
Does anyone know of any apps that will track bill calendars based on actual balance statements? A few options I’ve tried out there will automatically detect upcoming payment due dates but estimates based off of previous payments and not the actual statement balance due. A feature I really loved with mint.
I just use a simple spreadsheet to track my budget. It works great once you take the 40 minutes or so to set it. Also, it doesn’t take much time to input the data - I do it weekly. In my case I don’t believe reoccurring bills will help me reach my goals. Also I don’t need features and real-time data to move forward- all I need is more self discipline. IMHO
So glad you found a method that works well for you! With your method, it's free and totally customizable. Something difficult to find in most of these tools. Nice work!
We need you to do a video on hope to setup the spreadsheet.
You approach this topic like a marketing person. What approach to budgeting do each of these apps apply?
They kind where he gets paid per click or directly by the app.
😂
Is there a budgeting app that has settings to ping your phone when a transaction hits whichever account was used, asking you to confirm the budget category it should go in?
You may want to look into Qube Money: www.marriagekidsandmoney.com/qubemoney
RIP mint. I now feel like I’m 90 trying to use a new platform lol
I feel ya!
We've been with Monarch for a few months now and it is easier than Mint.
Good luck with the transition!
Looking for a FREE Mint replacement. Main feature is to be able to see all accounts in one view, don't need the budgeting features.
Empower is a free alternative to consider. Here are some more details for you - th-cam.com/video/6f_-v-4xRqU/w-d-xo.htmlsi=liJawbkm-Ei67idb
If I would prefer NOT to connect my bank accounts, is there any app that allows me to download my own transaction data and paste in? Thanks for your video!!
EveryDollar (the free version) is great for that!
Thank you!!
YNAB does that too!
@@imcalledalauda Thank you!
What number would you put rocket money in?
It's number 8 out of 10 on our list
The worst thing about the mint decommission, is that they are 'moving to credit karma', but credit karma is literally missing 99% of the features mint had..
Why integrate them when credit karma sucks?
It appears the business model of Mint wasn't profitable enough.
New to your videos. What's wrong with Credit karma?
Credit Karma may be a good tool for you, but it won't be the same as what we all enjoyed with Mint.
From their website FAQ section: "Credit Karma does not currently provide budgeting features the same way that Mint has in the past. We know that many Minters love our budgeting features, so we understand this may be disappointing."
@@MarriageKidsandMoney Is it correct that Mint was bought by Credit Karma? I dont get why you would buy an app that was successful, then gut it. So weird.
@@livingsimpleandfun9812 Mint was bought by Intuit in 2009. They've owned it for 15 years.
Intuit also owns Credit Karma. Their goal is to merge the two into one and hopefully have it be a profitable business model.
Which of these sync with AppleCard account (Goldman Sachs)?
YNAB has made some excellent strides there recently!
I just want a budget app that takes my finances and pays the bills etc thought the app
I would say anything that costs money is not really a Mint alternative
I feel ya!
Check out Empower as a free alternative to Mint -- not as good as these other ones for budgeting, but their financial tools are better than most: th-cam.com/video/6f_-v-4xRqU/w-d-xo.htmlsi=ZdBMnBUpnGSrpFgM
What’s best banking app or card ? I don’t want another big bank
What type of account are you looking for?
Checking? Savings?
No Rocket Money?
Not in our top 5 but a great option for tracking your money!
Better
What is my kitchen floor doing on your wall?
Thanks for letting me borrow it!
So pretty much, if you want something close to mint you will need to pay! R.I.P Mint 😢
There are some free options out there like Empower but their budgeting option isn't as good in our opinion -- You can learn more about Empower here: th-cam.com/video/6f_-v-4xRqU/w-d-xo.htmlsi=Nfvj9r_57ii6fIPf
What happened with Mint?
Shutting down in the next month and transitioning into Credit Karma product. Unfortunately, it won't be the same as it was.
What about rocket money?
He said he had a top 10 list somewhere and it was ranked 8 out of 10
Searching for free app that will show monthly net income over time like mint did 😢
I hear ya!
Some completely free ones (that aren't as good as Mint was):
- Empower
- EveryDollar (Free version - no manual synching)
Should always lead with which ones are subscription based... so we can skip them.
For a free option, check out Empower. Not the best budgeting app but their investment management tools are incredible -- th-cam.com/video/6f_-v-4xRqU/w-d-xo.htmlsi=cfLtc2Ta2ySfzVHP
Looks like no replacement for mint . Paying just defeats the purpose of budgeting .
I respectfully disagree but ... if you're looking for free, check out Empower. Definitely not as good as these ones or Mint, but it's free.
Here's more details on Empower: th-cam.com/video/6f_-v-4xRqU/w-d-xo.htmlsi=ahFZQiS5C9QTlYyw
Also, EveryDollar Free version is okay too -- no synching of transactions.
@@MarriageKidsandMoney I saw those didn’t like them . I will just use my own system I have . Works just as well if not better . Spreadsheets are free to use .
Paying budget app to save money. Hmmm..
I hear ya!
If free is more important than features and benefits, I'd check out Empower and their free financial tools -- th-cam.com/video/6f_-v-4xRqU/w-d-xo.htmlsi=TQCppF_GCdy3w5jz
I appreciate the information, but the presentation was cloyingly sweet. Please remember we are adults, not 4 year olds..
Too sweet? Could you be more specific?
I'm always looking to improve!
If the reviewer makes money off the products they review, it's a dishonest review BY DEFAULT.
Cannot serve two masters.
** host whines ** Syncing your transactions not available in the Free version of Every Dollar. while exciting saying all other Apps cost XXX dollars
With a family of four, we have a lot of transactions each month. Manually syncing them wouldn't be worth my time for $9/month.
To each their own!
Other free options to consider would be Empower as well. They have a free budget planner and other excellent tools -- the budget planner isn't as good as these other ones, but worth checking out if free is important to you right now. Here's an overview: th-cam.com/video/6f_-v-4xRqU/w-d-xo.htmlsi=k504dvZCQZpCAGlf
Monarch Money does not support RBC!!
Thank you for that tip!
Yes, they recently started supporting Canadian customers so maybe this will be a bank they support in the future.
I love that the apps feed my transactions so I don’t have to manual enter. My issue with the apps I’ve tried is the budgeting. I budget bi-weekly based on our pay cycles. My spending and food budget re-sets bi-weekly. Most of these apps force the monthly budget which throws me off and it doesn’t allow editing of the budget cycle. Any app that you would recommend?
You may want to check out Kumiko Love @TheBudgetMom and her version of budgeting by paycheck -- th-cam.com/video/LcBjZSMY4wk/w-d-xo.htmlsi=kA1cMy3AwA_lxrFJ
Will do thank tou
** host whines ** Syncing your transactions not available in the Free version of Every Dollar. while exciting saying all other Apps cost XXX dollars
ha! The truth. I'll pay $10 per month to save myself hours and hours of my time manually adding transactions. Automation rocks
@@MarriageKidsandMoney I am a Ramsey+ user. i am more than a little biased because Dave's program got my family on track.