While its automation capabilities lead many to consider Mint the best budget app out there, it does have its flaws: Mint might not be able to link up with some of Canada’s smaller banks and credit unions as a free app its customer service can leave a bit to be desired and it’s not a good fit for those who are uncomfortable giving an app unfettered access to all their vital banking information. It’s available as a web app as well so you can access it in whatever way is most convenient. It regularly checks your credit score, reminds you what bill payments are due and will notify you if it detects any strange activity in your accounts. Mint categorizes your spending and will even create a budget for you (though you can also make your own) so there’s very little organizing required on your part. It then presents your economic status in visually appealing, cleanly designed graphics and charts that are easy to understand. Because of its sync capabilities, it automatically updates your financial status every single time you log in, so you always have the most accurate and up-to-date picture of your finances. Designed by the respected financial software company Intuit, Mint links to all your financial accounts-bank accounts, credit cards, loans and investments-and thus provides an incredibly accurate and detailed picture of where your money is going. The financial app by which all other financial apps are judged, Mint is an all-encompassing, FREE money manager. Get the PocketSmith app or learn more by reading our complete PocketSmith review. Expats, digital nomads, dual citizens, and frequent traveller-types who make a lot of foreign purchases and/or have bank accounts in multiple countries. Those who are serious about budgeting accurately to realize a major life event down the road, like a wedding, property purchase, or paying for college tuition, and/or 2.
A paid version is available for as little as $7.50 USD per month, which is a worthwhile expense for two types of users: 1. The free version supports a maximum of two financial accounts can only create financial projections up to six months into the future and relies on you manually uploading your transactions and account balances rather than automatically syncing with your financial institutions. Though PocketSmith does offer a free version, its functionality is far more limited than what you’ll get for a paid subscription. You can see the individual balances of your domestic and foreign accounts in their native currencies, as well as the combined value of all your global assets and liabilities, tallied up and converted to the base currency of your choice. While most budgeting apps only connect to bank accounts in Canada and the United States, PocketSmith offers a rare level of integration with overseas accounts and foreign currencies. Different ‘what if’ scenarios can also be tested, in which you can adjust projected expenses, income levels, investment performance, and debts to get a glimpse of various financial outcomes for your future.
It can collate all your financial info (chequing balance, savings, investments, loans, etc.) and create accurate forecasts of your financial status up to 30 years into the future, based on the budgets you create. PocketSmith stands out from other budgeting apps due its impressive forecasting abilities.