Whether you are looking to get out of debt, create a financial budget, get a better grasp on your money management, or understand your spending habits better, use budgeting software. 2020 – 2021 can be the year to create goals, track your expenses, and handle bill payments. The following are five staggeringly easy budgeting software types to use to reach your financial goals in 2020 – 2021.

1.    Mint

Mint allows you to stay on top of your finances and manage money effortlessly. Whether you want to check credit scores, monthly bills, or your bank balance, Mint allows you to store everything in a single location that’s simpler for you to access and navigate. By using Mint, there is no need to take time to categorize and update finances. As a reliable budgeting software, Mint can seamlessly crunch numbers to help you understand where you stand. The software analyzes hundreds of savings, credit cards, and check-ins to help you manage your finances.

Best for: Checking Credit Score

Top Features:

• Bill tracker to quickly check your monthly bills
• Receive alert notifications before the bill payments to avoid late fees and overage charges
• Create budgets in every category
• Get your free credit score without using a credit card

How Does It Work?

Mint allows you to simplify your financial life by creating SMART goals. Use Mint to create a minimal dashboard to check the expenses burning your pocket, manage frequent bill payments, and save money with the daily budget tracker. Create and customize various categories based on your expenses and goals leveraging the right tools on Mint.

2.    Quicken

Reach your financial goals using an adaptable budgeting software that perfectly suits your unique needs. From planning for an early retirement to checking bill payments and tracking small or large investments, Quicken can offer comprehensive assistance. As an easy-to-use budgeting software, Quicken can track the spending after bill payments. It does a lot when it comes to managing and tracking personal finances.

Best for: Creating a Budget Tracker

Top Features:

• Monitor your regular spending
• Seamlessly manage your expenses, taxes, invoices, and investments
• Get quick tax reports related to business expenses, income, or deductions
• Check your comprehensive financial budget

How Does It Work?

Quicken helps you to put your foot down when it comes to budgeting by creating a tailored financial plan, exploring all the areas where you can save money, and track your spending online. Many people find Quicken an amazing all-in-one budgeting software to manage and track their budget. It streamlines the whole budgeting procedure by generating personal financial reports, using tax reports, and creating an easy or bottleneck-free business budget.

3.    CountAbout

Without installing any kind of software, use CountAbout which is a compelling personal finance platform helping you track regular finances. It helps users import data from anywhere and create existing register balances, download investment balances, and track finances on-the-fly. Keep everything organized and create colorful charts to better visualize money tracking. The best thing about CountAbout is that has a clutter-free interface with customizable categories and tags.

Best for: Budgeting for Less-Frequent, Big Expenses

Top Features:

• Multi-factor login protection
• Comprehensive budgeting options
• Create weekly or monthly finance reports
• Customize any financial category

How Does It Work?

It is the only budgeting software that helps you import data from other leading budgeting software such as Mint or Quicken while aligning your finances and creating a rock-solid savings plan. CountAbout is a private and secure budgeting software that works as a convenient platform for you to track your financial goals anywhere.

4.    BudgetPulse

To perfectly organize your money, cash flow, and regular expenses, use BudgetPulse that has many amazing features and is a free budgeting software. 2020 – 2021 will be a leap year which can be great for some people to reach their financial goals. You can use BudgetPulse to create tailored graphs and charts that helps you visualize how you are spending money regularly. Whether you want to purchase a car, a house, or want to go on a dream vacation, use BudgetPulse to ensure you stay on track. With the help of BudgetPulse, you can create financial goals that only you can track on your own, or with friends and family.

Best for: Creating a Savings Plan

Top Features:

• Track your progress
• Create regular financial goals to buy a car, visit your dream destination, or get a house
• Collect money seamlessly using PayPal or Amazon
• Embrace online fundraising

How Does it Work?

After submitting your expenses, bill-payment details, and savings plan, BudgetPulse will work its magic to create a beautiful chart with graphs. Visualize your financial roadmap to save a large pile of money, cut down expenses, and buy that car you always wanted.

5.    You Need a Budget (YNAB)

As an award-winning and battle-tested software, YNAB (You Need a Budget) can help you handle monthly expenses and bill payments. It is a drop-dead simple budgeting software that is helping millions save money, get out of debt faster, and plan financial goals effectively. Use the budgeting software and learn the magic formula behind saving more money every month without any success blockers. From budget tracking to creating bigger financial goals, managing bill payments, and getting personal support, YNAB can provide comprehensive support. It allows you to combat less-frequent and large expenses by transforming them into manageable goals.

Best for: Getting Out of Debt

Top Features:

• Map out financial plans
• Create multiple categories to avoid overspending
• Faster bill payments and managing expenses
• Boost online financial security

How Does it Work?

The online budgeting software uses four simple rules to help you budget everything. As soon as the money lands in your account, you can visualize what you have to purchase based on an already built financial plan. Also, it can help you create a kill-target financial goal to manage larger expenses that may otherwise take a toll on your monthly finances.

Wrapping Up

While using budgeting software can help you achieve your financial goals, it takes extra discipline to leverage it successfully. Rather than fretting about the fancy algorithms, focus on your financial budget and try to stick to your long-term goals. Budgeting can give you a helping hand when it comes to managing finances and saving gradually. By using budgeting software, you won’t be spending less but spending right.