Goodbudget: Budget & Finance

The mobile solution implements a virtual envelope system to help everyone keep an eye on their spending. Each envelope represents a different category of expenses. Therefore, users get the chance to separate the amount they spend on groceries, rent, or utilities from entertainment money and savings.
Once installed on your device, the app requires you to set a budget and select any period that meets your needs best. Afterward, you must divide the financial plan into multiple envelopes to track monthly and yearly expenses optimally.
The Android software provides users with a bunch of predefined categories and also lets them create custom classifications. Besides an appropriate name, each envelope must have a budget estimate. However, it is worth knowing that users can edit these data anytime they want, whether to add, delete, or change the order of categories.
With this app, you get the freedom to record transactions on-the-go. The only thing you have to do is specify the payee, amount, envelope, and date of every expense before saving it. Then, you can analyze a couple of reports to view expenditures by category and make an income-spending comparison.
Additionally, users can set saving goals, transfer money between envelopes, put a widget on the home screen, and unlock extra benefits through a premium subscription.