At Walters Financial Wellness, we believe that achieving your financial goals starts with awareness and consistency. Tracking your income, expenses, savings, and debt doesn’t have to be complicated or expensive. In fact, several free tools can help you stay on top of your financial progress and make informed decisions along the way.
1. Mint
One of the most popular free budgeting tools. It connects your bank accounts, credit cards, and loans to automatically track spending, categorize transactions, and provide a complete picture of your finances. You can set savings goals, get bill reminders, and monitor your credit score, all in one place.
Best for: Individuals who want an all-in-one budgeting and expense tracking solution.
2. Personal Capital
Personal Capital is often associated with investment tracking, but it also offers budgeting tools for free. You can view your cash flow, analyze your spending habits, and track your net worth over time.
Best for: People who want to manage their day-by-day finances while keeping an eye on long-term investments.
3. Goodbudget
If you like the envelope budgeting method, Goodbudget offers a simple, free digital version. It helps you allocate your income to different categories (or envelopes) so you can control your spending and stay on budget.
Best for: Couples or families who want to budget together using a shared system.
4. EveryDollar (Free Version)
The free version on EveryDollar provides a zero-based budgeting system where you plan every dollar before the month begins. It's great for those who are new to budgeting.
Best for: Beginners
5. Your Bank's Mobile App
Most banks provide free tools through their mobile banking app.
Best for: Those who prefer minimal setups and want to keep all their financial tracking in one place.
Getting Started
Picking the tool you use isn't as important as just picking one and sticking with it. The best tool is the one you use consistently. Be sure to review your progress regularly. Set aside time daily, weekly, or monthly (what ever works for you and your family). During this time, combine tracking and planning. Both are important to ensuring that your money goes where you want it to.
Contact Us
At Walters Financial Wellness, we encourage our clients to start small, build strong habits, and leverage free resources to create a clearer picture of their financial health. Planning ahead can be hard, but you don't have to do the process alone. Contact us today for an appointment!
*Note: Not sponsored or affiliated with tools and apps listed above