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Goodbudget

A home budget app based on the envelope budget system. Available on the web, Android, and iPhone.

Goodbudget

Goodbudget Reviews and Details

This page is designed to help you find out whether Goodbudget is good and if it is the right choice for you.

Screenshots and images

  • Goodbudget Landing page
    Landing page //
    2023-08-02

Features & Specs

  1. Envelope Budgeting System

    Goodbudget uses the envelope budgeting method, which helps users allocate money for different categories and track spending easily.

  2. Cross-Platform Access

    Goodbudget offers both web and mobile apps, allowing users to access their budget from various devices and keep their financial data synchronized.

  3. Free Version Available

    It provides a free version with basic functionality, making it accessible for individuals who want to try out the service without any financial commitment.

  4. Easy-to-Use Interface

    The interface is user-friendly, making it easy for users of all technical levels to navigate and manage their budget effectively.

  5. Comprehensive Budgeting Features

    Goodbudget offers robust features like goal tracking, expense tracking, and reports that help in comprehensive financial planning.

  6. Shareable Budgets

    Users can share their budgets with family members or partners, promoting transparency and collaboration in managing shared finances.

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Videos

Review of GoodBudget App

How I Track my Spending | Goodbudget App Overview

How to Use the GoodBudget App - Digital Envelope System

Social recommendations and mentions

We have tracked the following product recommendations or mentions on various public social media platforms and blogs. They can help you see what people think about Goodbudget and what they use it for.
  • Rich Student Poor Student: Money Management Tips for College Students
    2. Control your spending. Track managing your money to identify potential leaks. Modern apps and tools make it easy, helping you spot patterns, cut back, and stay on top of your finances. Use apps like PocketGuard, Goodbudget, and Spendee. They will help you establish a healthy financial balance. Source: almost 3 years ago
  • Trying to drag myself out of a financial hole
    One thing I use for tracking all my purchases is a free app/website called Good budget (https://goodbudget.com/) the app is easy to use, allows you to create different "envelopes" to help split up your spending and see where you're going over or under spending. Source: over 3 years ago
  • Bethany's over at the house, cleaning, but takes the time to brag about what great budgeters she and Dave have been, their "financial freedom", and how well-prepared they've been for their future. This is not supported by their desperate scramble to find a house before their lease expired, but OK!
    There are also free options available. Source: over 3 years ago
  • How does everyone approach budgeting?
    I use goodbudget.com which is basically an envelope system. Source: almost 4 years ago
  • Budget Apps?
    I use a website called Goodbudget. Works quite well, and it is free up to a point. Source: almost 4 years ago
  • How can I be better at sticking to a budget and eliminate wasteful spending?
    Combination of various savings and an electronic envelope system. https://goodbudget.com/. Source: about 4 years ago
  • Simple Budgeting - Connects to Accounts
    Yes. For example, aspire or goodbudget. Just create a single category that represents available monies. And spend from it. It'll give you a tally of your available money, similar to Weekly. Weekly is good cuz it tailors the experience around a single category, if that makes sense. The plus side is those two options are free. But no direct import. Source: over 4 years ago
  • Budgeting apps for NZ banks?
    Me and my partner are pretty into budgeting; and tried quite a few (YNAB, PocketSmith) but we ended up using GoodBudget. Source: over 4 years ago
  • Budgeting apps
    Does it have to be an app? Goodbudget works on the web and on two devices for the free version. Not sure if they have a windows app. Source: over 4 years ago
  • There is no better YNAB alternative
    I have just started taking a closer look at GoodBudget. https://goodbudget.com/. Source: over 4 years ago
  • If you want them to notice the upset over the price..
    Goodbudget: https://goodbudget.com/ Free for the basic package, $60 a year for the full package (so significantly less than YNAB). Source: almost 5 years ago
  • Saving money while expecting
    Figuring out how much we would need for unpaid time off was the most important part of that, and it was pretty easy and accurate for us because we have a monthly budget and track every dollar we spent in a website/app called goodbudget. It was really easy to just look at what we spend money on in a normal month and go through line by line to say "Yeah, we can do without that line item for a month, don't need to... Source: almost 5 years ago
  • YNAB rolling out an ~18% price increase
    Goodbudget.com - know nothing of them. Source: almost 5 years ago
  • Say no to 100% price increase. Whoโ€™s with me?
    Just cancelled as well. I've been using the products since YNAB3, but after reaching out to customer service to see what options I had, and being told outright to cancel, I decided to take their advice. Going to look into GoodBudget or roll back to YNAB4 for a while. Source: almost 5 years ago
  • YNAB subscription price increase - how do you all feel about it?
    There's also other software like goodbudget, buckets, and others which have free/cheaper pricing. I haven't looked too deep into them myself. Source: almost 5 years ago
  • YNAB rolling out an ~18% price increase
    If you donโ€™t need bank syncing Iโ€™d suggest Goodbudget. Itโ€™s envelope budgeting and free for two devices/web. Source: almost 5 years ago
  • How do you manage money?
    I use goodbudget (https://goodbudget.com/) to manage and budget expenditure. This works for me as a 'virtual envelope' to budget money under different categories of spending and I found it very useful. Source: almost 5 years ago
  • Budget Planners that you use
    Http://lunchmoney.app/ is the best one I've used. If you want zero-based budgeting https://goodbudget.com/ is good. Source: about 5 years ago
  • How to make money from my money.
    So, try and track your money for 3 months to see where every dollar goes. You can use a free app like Goodbudget, to track on your phone every dollar you spend the moment you spend it, or if you really want to get into it, the You Need A Budget and Mint programs are highly recommended. They're both paid, but they will do most of the heavy lifting for you. Source: about 5 years ago
  • What are some good apps for budget tracking?
    I love Good Budget. They have a good free option. You don't have to connect anything. Source: about 5 years ago
  • Recently (suddenly) debt free - looking for advice
    You need a budget. You need to track exactly how much money is coming in, how much money is going out, where that money is going, how much money is left, and what you want to do with the money you have. I would recommend a simple app like Goodbudget, it's a free budget app you can download on the phone. It works on the "envelope budget" system, where you have envelopes of cash for each expense, like rent, food,... Source: over 5 years ago

Summary of the public mentions of Goodbudget

Public Opinion on Goodbudget

Goodbudget, recognized for its user-friendly approach to personal finance management, is often mentioned as a commendable alternative to other budgeting solutions like Mint and YNAB. Central to its design is the envelope budgeting system, a time-tested method where users allocate portions of their income to different spending categories or "envelopes" such as groceries, rent, and utilities. This straightforward method ensures financial clarity and helps users avoid overspending, resonating particularly well with those who have a penchant for traditional budgeting methods in a digital format.

One of the consistent points of feedback is Goodbudget's manual transaction entry system. While some users find the lack of automatic bank account synchronization a drawback, others appreciate this feature as it keeps them actively involved and more conscious of their spending habits. The manual input requirement serves as an engaging approach for individuals who prefer tracking every detail, thus fostering a more intimate awareness of their financial status.

Goodbudget is notably attractive to couples managing joint finances. Its capability to sync across multiple devices promotes collaborative financial planning, making it convenient for partners who wish to remain aligned in their spending goals. This feature, paired with the app's support for both free and paid plans, broadens its appeal across different demographics seeking financial coherence and simplicity.

From an affordability standpoint, Goodbudget is viewed positively, particularly in comparison to paid services like YNAB, which has faced criticism for recent price hikes. Goodbudget's pricing structure, which includes a free version with limitations on envelopes and transaction history, and a more comprehensive paid option, appeals to budget-conscious users seeking effective money management without significant financial outlay. The paid version offers valuable features such as an unlimited number of envelopes and the ability to maintain account history for up to seven years, which are appreciated by users needing advanced tracking capabilities.

In the context of student and individual users, Goodbudget is frequently recommended for its straightforward and pragmatic approach to budgeting. It is highlighted as an essential tool for establishing financial discipline, providing users, particularly those new to budgeting, with insightful articles and guidance on creating effective financial plans.

Despite its strengths, Goodbudget faces competition from more automated solutions like Mint, EveryDollar, and PocketGuard, which offer the convenience of real-time bank syncing. For users prioritizing automation and minimal manual effort, these alternatives might seem more appealing. However, for those leaning towards a hands-on approach and the structural tradition of envelope budgeting, Goodbudget remains a preferred choice. Its capacity to teach financial responsibility while offering flexibility in personal financial planning makes it a noteworthy contender in the personal finance tool landscape.

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Is Goodbudget good? This is an informative page that will help you find out. Moreover, you can review and discuss Goodbudget here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.