Card background

EveryDollar: Budget Tracker

Finance

3.4

App Information

Genre

Finance

Reviews

5647

Ratings

11294

Installs

1,000,000+

Developer

Ramsey Solutions

Summary

Create custom budgets, track expenses, plan your spending, and keep up finances.

AppAvocado Review

EveryDollar: Budget Tracker

Overview

EveryDollar is a personal budget application designed to help users track their expenses and manage their finances efficiently. With a simple and intuitive interface, the app allows individuals to create custom budgets, monitor their spending, and set financial goals. It aims to empower users by giving them the tools to take control of their financial lives, ensuring that every dollar counts every day.

Key Features

Easy Budget Creation and Management

Setting up a budget is quick and uncomplicated with EveryDollar. Users can create their first budget in just minutes, allowing them to track their monthly spending in an accurate and hassle-free manner. The app enables users to adjust their budget on the go, ensuring they have a clear view of their remaining funds at all times, thus preventing overspending.

Consolidated Financial Overview

EveryDollar provides a comprehensive view of all financial accounts in one convenient location. Users can track all aspects of their finances, from checking and savings accounts to retirement and debts. This centralization eliminates the need for multiple apps and streamlines financial monitoring.

Enhanced Savings

According to user feedback, many find themselves saving more money each month once they start budgeting with EveryDollar. On average, users have reported discovering an extra $395 and reducing their monthly expenses by approximately 9% within their first month of use. This enhanced visibility into finances helps users identify areas for savings.

Guilt-Free Spending

EveryDollar allows users to allocate funds for their wants and needs, making it easier to spend without guilt. Knowing where every dollar goes leads to more deliberate financial decisions and empowers users to plan their spending confidently.

Detect Hidden Expenses

The app aids users in identifying hidden expenses such as subscriptions that might otherwise go unnoticed. Automatic transaction setups allow expenses to flow directly into the app, providing clarity on spending habits and the opportunity to cut unnecessary costs.

Goal Setting and Planning

EveryDollar is not just about tracking expenses; it’s also a planning tool that enables users to budget strictly towards their goals—big, small, and everything in between. Users can create sinking funds for major purchases, visualize timelines with the financial roadmap feature, and ensure that all financial goals are covered in their monthly plans.

Additional Features

For those looking to enhance their budgeting experience, EveryDollar offers an upgrade. The premium version provides various advanced tools:

  • Automatic transaction streaming into the budget
  • Notifications for expenses ready to track
  • The ability to connect with multiple financial accounts within one app
  • Custom budget reports for spending and income trends
  • Export capabilities to Excel
  • Personalized recommendations for expense tracking
  • Calculations of current and projected net worth
  • Paycheck planning features based on payment dates and due dates
  • Live Q&A sessions with professional financial coaches

Statistics and Performance

EveryDollar has gained significant popularity since its release on July 10, 2016, with over 1 million installations and a user rating of 3.4 out of 5 stars based on approximately 11,294 reviews. While the app is free to download, it offers in-app purchases ranging between $7.99 to $129.99 for premium features geared towards more customized financial tracking.

Ratings Breakdown

  • 1 Star: 2,917 users
  • 2 Stars: 1,080 users
  • 3 Stars: 1,223 users
  • 4 Stars: 1,111 users
  • 5 Stars: 4,958 users

Conclusion

With its focus on user-friendly budgeting and comprehensive financial tracking, EveryDollar serves as an essential tool for anyone looking to manage their finances better. Whether it’s tracking daily expenses, planning for future goals, or finding hidden costs, EveryDollar provides a robust platform to help users take charge of their fiscal health. The app’s free version offers ample features for casual users, while the premium option provides more advanced budgeting tools for those looking for a deeper understanding of their finances.

Start budgeting on the go today with EveryDollar, and take control of your financial future one dollar at a time.

Screenshots

1 / 0

Download