Tracking a budget with a mobile app is a great way to reinforce good habits and make progress on your money goals, so it’s no wonder why many folks opt to keep a budget this way.
The real trick is figuring out which budget app is right for you. With so many to choose from, it can be overwhelming to know where to start.
In this article, we’ll show a quick breakdown of the major differences between two popular budget apps: Goodbudget and PocketGuard.
But first, what is Goodbudget?
Goodbudget is a budgeting app for iPhone, Android, and the Web. It uses the time-tested and familiar envelope budget method.
With Goodbudget, you’re able to create a budget that works (if you haven’t already!), sync and share that budget across multiple devices, save for big expenses, pay down debt, and more!
Goodbudget vs. PocketGuard
Goodbudget and PocketGuard both utilize the envelope budget method, but there are a few other similarities and differences to be aware of.
Similarities
Feature | Goodbudget | PocketGuard |
Sync with Banks | Y (Premium) | Y |
Envelope Budgeting | Y | Y |
Share with 2+ Devices | Y | Y |
Upload Transactions via Bank File | Y | Y |
Debt Payoff Tracking | Y | Y |
Goal Tracking | Y | Y |
Supports Multiple Currencies | N | N |
2-Factor Authentication | N | N |
Cryptocurrency Tracking | N | N |
Bill Pay | N | N |
Free Plan | Y | Y |
Paid Plan | Y ($10/month, $80/year) | Y |
Differences
Feature | Goodbudget | PocketGuard |
Investments Tracking | N | Y |
Auto-lock w/ Face ID or PIN | N | Y |
Cute Mascot | Y | N |
Who should try Goodbudget?
Goodbudget is great for folks that want to organize their priorities so they can spend, save, and give towards what’s important. By planning a budget ahead of time, you’re able to predetermine where and how you’d like to spend, which makes figuring out how much is available to spend at the grocery store a no brainer.
Give Goodbudget a try
Does Goodbudget sound like the program for you? Give it a try now.
