If you want to save money for the long term, thinking about your savings, the first step is to make a personal budget. Without knowing how much comes in and how much goes out, you won't know where to cut expenses to save and build an emergency fund or invest.

However, we know that creating a budget spreadsheet is not easy. After all, it needs to have details such as all your sources of income, fixed expenses, debts and investments. But to make your life easier in this area, advances in technology have brought applications that help you plan your finances in a simple way.

The best personal budget apps

Budget control platforms can automatically categorize your expenses based on patterns observed in your behavior. This helps you identify the areas where you spend the most money and how to save money in them.

Additionally, with apps in this category, you receive real-time updates on your finances. This gives you one more way to avoid overspending, ensuring that you stick to your monthly budget. So, if you want to take better care of your money, check out our list of five apps that will help you in this area.

Money Manager Expense & Budget

Image: Google Play

Money Manager Expense & Budget is an excellent budgeting app for beginners. If you download the app on your smartphone, it will be your great ally in managing personal accounts. The platform has default settings that help its users get started. Then, once you get used to the app, you can customize them.

To give you a good overview of where your biggest expenses are, Money Manager Expense & Budget offers a graphical view of them. In addition, the platform has search and calculator functions. To help you create a complete budget planner, the app offers weekly, monthly and annual income and expense statistics.

Available for iOS and Android systems, App Store and Google Play.

Read also: Need to receive money on your cell phone? Use these 5 apps!

YNAB: Budgeting & Finance 

Image: Google Play

Among personal budgeting apps, YNAB stands out for helping you identify where your money is going. With this app, you can organize your finances without having to do mental math on every expense you have. The app has a calculator that helps you plan your loans, if you have taken out one.

In addition to being able to view your expenses in real time with YNAB, if you share a budget with someone else in your household, you can use the app to share your finances with your partner. Now, if what you want is to set a travel budget, use the platform to set goals and turn your dream into reality.

Available for iOS and Android systems, App Store and Google Play.

Wallet – Daily Budget & Profit

Image: Google Play

Wallet is an app that helps you create a budget that fits your reality, so you don't have any trouble controlling your spending. A great feature of this app is that it allows you to register multiple banks and currencies for complete and automatic control of your finances.

To help you live a more prosperous life, Wallet offers a blog where you can read tips on various topics related to finance, such as the best savings accounts and the best way to invest money. So, if you want to plan for your future and get out of the red once and for all, this is an app that should be on your smartphone.

Available for iOS and Android systems, App Store and Google Play.

Mobills – Budget Planner

Image: Google Play

Mobills is a must-have app for personal budgeting. With it, you can manage your money, controlling your spending to achieve your financial goals. For example, if you want to create a travel budget, the app will give you the tools to develop a plan for it according to your reality.

If your life is busy and you constantly forget to pay your bills, register them with Mobills so that it can give you alerts so that you can pay them on time. Although some economists recommend that you create an Excel spreadsheet for your budget, if you don't know the platform, you can get into trouble. In this case, Mobills helps you with graphs that fulfill the same purpose.

Available for iOS and Android systems, App Store and Google Play.

Goodbudget Budget Planner

Image: Google Play

Finally, we would like to highlight Goodbudget. With it, you can even budget your meals and control your debts so that you can manage your income effectively. If necessary, share your budget data directly from the app with those who share your expenses.

Additionally, all of the app’s information can be synced to the cloud. This means that if you change your phone, you won’t lose any data. If you’re saving money and want help making it more professional, use the reports available on Goodbudget to see what changes you need to make to your routine to achieve this goal.

Available for iOS and Android systems, App Store and Google Play.

Control your expenses 

As you can see, the apps we listed help you create a personal budget to monitor your debts and see if they exceed your income. This way, you can control them.

So, if you need to plan your finances for the medium and long term, download an app from our list now.