Best Budget Apps to Track Your Side Hustle Income in 2024
Budget apps can help streamline the process of managing finances, which can be challenging when juggling multiple side hustles. Whether you’re freelancing, selling online, or driving for a rideshare company, tracking your income and expenses is crucial to ensure your hard work pays off. In this article, we’ll explore the best budget apps of 2024 that are widely used worldwide and highly rated for their user-friendliness and features. Let’s dive in!
Best budget apps of 2024
1. Mint
Rating: 4.7/5
Downloads: Over 10 million
Why It Stands Out:
Mint remains one of the most popular budget apps globally. With its intuitive interface, you can link multiple accounts to track your income and expenses in one place. Mint categorizes transactions automatically, helping you see exactly where your side hustle income is going. The app also provides budget recommendations and alerts for unusual spending.
Key Features:
- Automatic bank and account syncing
- Customizable budget categories
- Monthly reports on spending and savings
Best For: Side hustlers looking for an all-in-one budget app that’s free to use.
2. YNAB (You Need A Budget)
Rating: 4.8/5
Downloads: Over 1 million
Why It Stands Out:
YNAB a budget app is perfect for those serious about managing their finances. The app helps you allocate every dollar to a specific purpose, ensuring you’re budgeting proactively. It’s especially useful for freelancers with irregular income as it encourages planning ahead.
Key Features:
- Goal-setting tools
- Real-time budget syncing across devices
- Tutorials for financial planning
Best For: Freelancers or gig workers who want to develop strong financial habits.
3. PocketGuard
Rating: 4.6/5
Downloads: Over 5 million
Why It Stands Out:
PocketGuard simplifies budgeting by showing how much ‘spendable’ cash you have after accounting for bills and savings. It’s great for people with multiple income streams as it provides an overview of your financial health.
Key Features:
- “In My Pocket” feature for available cash
- Bill tracking and subscription monitoring
- Savings goal tracking
Best For: Side hustlers looking for a straightforward way to manage cash flow.
4. QuickBooks Self-Employed
Rating: 4.5/5
Downloads: Over 3 million
Why It Stands Out:
Designed specifically for freelancers and gig workers, QuickBooks Self-Employed a budget app helps you track income, expenses, and mileage. Its tax-saving features, like separating personal and business expenses, make it a must-have for serious side hustlers.
Key Features:
- Income and expense tracking
- Tax estimation tools
- Easy integration with TurboTax
Best For: Gig workers and freelancers who want to simplify tax season.
5. Spendee
Rating: 4.4/5
Downloads: Over 1 million
Why It Stands Out:
Spendee is also a budget app known for its visually appealing interface and customizable features. You can create shared wallets, which is perfect for managing collaborative side hustles. The app supports multiple currencies, making it ideal for users who earn income internationally.
Key Features:
- Shared wallets for group projects
- Manual or automatic transaction tracking
- Multi-currency support
Best For: Side hustlers with international clients or collaborative projects.
6. Goodbudget
Rating: 4.3/5
Downloads: Over 1 million
Why It Stands Out:
Goodbudget uses the envelope budgeting system, making it easier to allocate money for specific categories. While it doesn’t link directly to bank accounts, this manual approach can help you stay more mindful of your spending habits.
Key Features:
- Envelope-based budgeting
- Syncing across multiple devices
- Expense tracking and debt payoff plans
Best For: People who prefer manual budgeting and want to avoid bank syncing.
7. Personal Capital
Rating: 4.7/5
Downloads: Over 5 million
Why It Stands Out:
Personal Capital is more than just a budgeting app—it’s a full financial management tool. It’s perfect for tracking side hustle income while also monitoring investments and retirement accounts. The app offers detailed financial insights, making it ideal for long-term planners.
Key Features:
- Net worth tracking
- Investment performance analysis
- Budgeting and cash flow management
Best For: Side hustlers who want to manage both income and investments.
Final Thoughts
Budgeting is a crucial skill for anyone with a side hustle, and the right app can make all the difference. Whether you’re freelancing, driving for rideshare companies, or managing multiple gigs, these apps can help you keep track of your earnings and expenses effortlessly. Try out a few to see which one fits your needs and start 2024 with your finances under control.
Do you use any of these budget apps, or is there another tool you swear by? Share your experiences in the comments below!
