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Spendee VS Goodbudget

Compare Spendee VS Goodbudget and see what are their differences

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Spendee logo Spendee

See where your money goes

Goodbudget logo Goodbudget

A home budget app based on the envelope budget system. Available on the web, Android, and iPhone.
  • Spendee Landing page
    Landing page //
    2023-10-02
  • Goodbudget Landing page
    Landing page //
    2023-08-02

Spendee features and specs

  • User-Friendly Interface
    Spendee has a clean and intuitive interface that makes it easy for users to navigate and manage their finances.
  • Multiple Currency Support
    The app supports multiple currencies, which is beneficial for users who travel frequently or have expenses in different currencies.
  • Custom Categories
    Users can create custom categories for tracking expenses, allowing for more personalized budgeting.
  • Bank Integration
    Spendee can connect with various banks for automatic syncing of transactions, saving users time and effort in manual entry.
  • Secure Data Encryption
    The app provides robust security measures, including data encryption, to ensure users' financial information is safe.
  • Visual Insights
    Spendee offers visual insights like charts and graphs to help users better understand their spending habits.
  • Collaborative Features
    The app allows for shared wallets, making it easier for families or groups to manage their finances together.

Possible disadvantages of Spendee

  • Subscription Cost
    To unlock premium features such as bank integration and advanced analytics, users need to subscribe to a paid plan.
  • Limited Free Version
    The free version of Spendee has limited features, which might not be sufficient for users with complex financial needs.
  • Syncing Issues
    Some users report occasional issues with bank syncing, which can cause discrepancies in financial tracking.
  • No Bill Reminders
    The app does not currently offer a feature for bill reminders, which could be a drawback for users looking to manage bill payments effectively.
  • Learning Curve
    New users might experience a learning curve while setting up and categorizing expenses, especially if they are not tech-savvy.
  • Privacy Concerns
    Some users might have privacy concerns regarding the sharing of their banking information with a third-party app.
  • Inconsistent Customer Support
    There are mixed reviews about the responsiveness and helpfulness of Spendee's customer support.

Goodbudget features and specs

  • Envelope Budgeting System
    Goodbudget uses the envelope budgeting method, which helps users allocate money for different categories and track spending easily.
  • 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.
  • 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.
  • 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.
  • Comprehensive Budgeting Features
    Goodbudget offers robust features like goal tracking, expense tracking, and reports that help in comprehensive financial planning.
  • Shareable Budgets
    Users can share their budgets with family members or partners, promoting transparency and collaboration in managing shared finances.

Possible disadvantages of Goodbudget

  • Manual Transaction Entry
    Goodbudget requires users to manually enter each transaction, which can be time-consuming and prone to error.
  • No Automatic Bank Sync
    Unlike some competitors, Goodbudget does not automatically sync with bank accounts, potentially making tracking finances less convenient.
  • Limited Free Version
    The free version has limitations, such as a restriction on the number of accounts and envelopes that can be used simultaneously.
  • Learning Curve for Beginners
    New users may experience a learning curve as they familiarize themselves with the envelope budgeting method and the app itself.
  • Limited Investment Tracking
    Goodbudget focuses primarily on budgeting and does not offer extensive features for tracking investments, which may be a drawback for some users.

Spendee videos

+ Add

Spendee, la mejor app para controlar tus gastos

More videos:

  • Review - Personal Financial App. Spendee
  • Review - Spendee - A Simple Way Track Your Monthly Expenses

Goodbudget videos

+ Add

Review of GoodBudget App

More videos:

  • Review - How I Track my Spending | Goodbudget App Overview
  • Tutorial - How to Use the GoodBudget App - Digital Envelope System

Category Popularity

0-100% (relative to Spendee and Goodbudget)

Spendee

Goodbudget

Personal Finance
67 67%
Personal Finance
33% 33
Finance
67 67%
Finance
33% 33
Financial Planner
75 75%
Financial Planner
25% 25
Fintech
100 100%
Fintech
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Spendee and Goodbudget

Spendee Reviews

We have no reviews of Spendee yet.
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Goodbudget Reviews

Best Mint Alternatives to Keep Your Budget on Track
If you want a free alternative to Mint, Goodbudget uses the envelope method, with users allocating specific amounts to various categories like groceries, rent and bills. It doesn't automatically sync accounts, so you must manually add transactions.Goodbudget's paid version allows you to create an unlimited number of envelopes and store account history for up to seven years,...
Source: www.cnbc.com
10 Best Mint Alternatives To Manage Your Money in 2024
Goodbudget is a budgeting app available in the iOS and Android stores. Think of it like the paper envelope system but virtual, so you don’t have to mess with paper envelopes.
Source: 7saturdaysfinancial.com
Quicken Alternatives: Top 5 Financial Tools for Efficient Money Management
Goodbudget uses the familiar envelope budgeting system, in which users allocate their income to different envelopes representing various expenses like rent, groceries, or utilities. With a focus on simplicity, Goodbudget appeals to users who want a clear, easy-to-understand budgeting app that offers both free and paid plans. This tool is suitable for couples managing their...
Source: finally.com
11 Best Quicken Alternatives in 2021 (#1 is Free)
I’m old enough to remember the envelope method of budgeting. My mom used it. When the money in the grocery envelope ran out, we stopped going to the grocery story until payday (seriously). Today, the envelope budget is still a smart way to manage money for those living paycheck-to-paycheck. If you want a digital version of the time-tested budgeting system, give GoodBudget a...
Source: robberger.com
Top 15 Budget Apps to Make Your Personal Finance Goals Easy
Goodbudget is like other budgeting apps that utilize the envelope system. Instead of syncing up your personal accounts, users manually enter information. Yes, it’s more work, but it also keeps you fully invested in what’s going on with your money. It’s a nice middle ground between fully-automated budgeting and reverting to paper envelopes and a pencil.
Source: www.marriagekidsandmoney.com

Social recommendations and mentions

Based on our record, Goodbudget seems to be more popular. It has been mentiond 25 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Spendee mentions (0)

We have not tracked any mentions of Spendee yet. Tracking of Spendee recommendations started around Mar 2021.

Goodbudget mentions (25)

View more

What are some alternatives?

When comparing Spendee and Goodbudget, you can also consider the following products

Mint - Free personal finance software to assist you to manage your money, financial planning, and budget planning tools. Achieve your financial goals with Mint.

EveryDollar - Budgeting and expense tracking app

YNAB - Working hard with nothing to show for it? Use your money more efficiently and control your spending and saving with the YNAB app.

PocketGuard - PocketGuard categorizes and organizes your expenses, monthly bills and subscriptions into clear, beautiful tabs and graphs, so you will always be on top of your finances.

Wallet - Wallet is the simplest and easiest way to keep track of and secure your most sensitive information.

GnuCash - A personal and small-business financial-accounting software, licensed under GNU/GPL and available for Linux, Windows, Mac OS X, BSD, and Solaris.

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