Top 5 Budgeting Apps for Canadians in 2024
By Emily White on July 10, 2024
Managing your money has never been easier thanks to a variety of powerful budgeting apps available in Canada. Here are our top picks for 2024:
1. **Mint**: Still a powerhouse in the budgeting world, Mint automatically syncs with your bank accounts and credit cards to track your spending and help you create budgets.
2. **YNAB (You Need A Budget)**: YNAB uses a proactive "give every dollar a job" philosophy. It's great for those who want to be very hands-on with their finances. It's a premium service but has a loyal following.
3. **PocketGuard**: This app simplifies budgeting by showing you how much is "in your pocket" after accounting for bills, goals, and recurring expenses.
4. **Wallet by BudgetBakers**: A flexible app that supports multiple currencies and offers advanced features like shared wallets and detailed financial reports.
5. **Mylo (now Moka)**: Moka rounds up your purchases and invests the spare change, making it an effortless way to save and invest without thinking about it.
Choosing the right app depends on your personality. Do you prefer a hands-off automated approach, or a detailed, manual system? Try a few out to see which one sticks.