Excellent app. Set up envelope, fill it with funds, spend your funds. When envelope runs out, stop spending. Super easy to understand. You get 10 free envelopes for free on monthly and another 10 for annual cycles. It even has hashtags to monitor expenses across envelopes. It also has reports so you'll see charts and graphs. Login in app or web. Web interface is easier to use when setting up. I hope the web interface "import bank transactions" feature would work though. Easily a five star app.
Reviews for Goodbudget: Budget & Finance
It's seems like a decent app that will help me budget. Many positives, but one major problem... When I try to schedule the filling of the envelopes in advance, it shows the envelope fill and deposit right away. For example, I put in 8/6 as the date for the paycheck and envelope fill, but it shows immediately in my checking balance and envelopes. Why have the option for a future date if it shows it immediately? This will make reconciling my checking account with the app's balance more difficult.
Been a subscriber for 3 yrs and LOVE it!!! Much better than my custom excel worksheet I was using, absolutely worth the fee for the plus version!! I like that it doesn't auto sync to bank accts. I wanted total control and manually entering everything makes me more aware/accountable of our spending. Easy to update budget/envelopes as things have changed over the yrs. After setting it all up, I now spend 5-10 minutes daily updating for transactions across all our accts, loans, credit cards, etc.
Really outdated UI (entering numbers, for example, still uses an on screen calculator view instead of your keyboard). UI isn't necessarily intuitive, there set up steps aren't fully explained so I have no idea if it's doing what I think it's doing. Also, no way to see a month to month view. This is more of a snapshot of current month only. I think I'm better off in Excel.
This app is so extremely helpful! I love the unlimited envelopes in the plus version but you can get 10 envelopes in the free version which is great if you want to keep it simple. An update I would love to see would be the option to scan your receipt when adding a transaction so you can see each item you purchased.
Rather frustrating to use for a few reasons. You can't change your income at a later date to reflect income changes and you cannot open a different app - such as a calculator app - without any unsaved progress being entirely wiped out. I'm talking a 'start from square 1' level of data being wiped out. If you enjoy being fruatrated; this is the budget app for you!
Before Goodbudget I used a spreadsheet to do the virtual envelope system. Not smartphone friendly. Now with Goodbudget it is easy to coordinate the budget within my family so we can stay on track. The only major negative is the absence of an automatic bank transaction sync feature to ensure that no transaction is missed, but (edit) as of December 2023 this feature is in beta testing!
I love budgeting apps and have tried several. I found Goodbudget after I left a pro version of another budgeting app. I really like the ease of uploading transactions, find the esthetics of the app to be simple, and think it's a great modern way to do the good ol' envelope system. I recommend everyone to give it a try. Can't hurt, the free version is great and the paid version is risk-free. I also had a good interaction with customer service. He was prompt in responding to my email (24 hours).
Best budgeting app I've used by far. Very quick to load data. Doesn't ask for all of my personal information. Doesn't allow all transaction types from the app (income, debt payments, envelope filling) which is a bummer, but I use them infrequently enough that I can use the desktop version. Much better experience than Mint overall.
Would be nice if you could add emoji symbols like: 💵 💡 🚗 🏡 which I add after the payee name to make it easy to spot on the account list.... ✌️ Another thing, having the app remember the list position when in the account so it goes back once you save a new entry. Right now it goes to the top of the list which sucks if you have a long list of items. And being able to highlight the latest balance line in gray.