How to Create Your Own Budget App and 5 Successful Examples For Your Inspiration

Have you ever wished to have your finances in order so you can accurately plan your expenses? A budget app is what you need to achieve that! Budget apps make spending and budgeting stress-free and help track finances on the go. Here, you will learn how to create a financial app and examples of apps that have been successful.

Create Your Own Budget App

5 Successful Examples of Budget Apps

In this section, you will see five unique and inspiring examples that will guide you when trying to create your own budget app.

1. GoodBudget

This app utilizes the envelope-budgeting method for planning. With its digital tracking software, you can pay off debt and save for high costs. You can also keep up with loved ones by synchronizing shares and your budget. The app's user-friendly layout makes it simple to categorically separate your monthly basis costs from your annual savings targets and sporadic expenses.

It is crucial to note that this specific software does not integrate transactions with your banking institutions. Thus, you need to manually input each transaction for each amount that enters in or goes out. This software also includes helpful advice on how to create a budget and suggestions on monitoring budget patterns. It operates on iOS and Android devices.

2. Financial Calculator

This tool is uniquely designed for convenience. It helps in figuring out the present and future worth of your treasury securities (assets). This app makes it easier to manage finances on the go, evaluate lending rates, lease terms, and auto loans, estimate how long it will take to cover expenses and compute precise gratuity.

3. You Need a Budget

You Need a Budget, also known as "YNAB," is a personal finance management tool that instructs you on controlling your finances. For every amount (dollar) saved, there is a specific goal, which could be immediate or long-term. It aims to break the habit of living by making ends meet. This software's ability to display financial statements and synchronize transactions allows users to quickly and easily categorize their accounts, which is one of its benefits.

It approaches budgeting more proactively than reactively. Labour is associated with every dollar you are supposed to earn, either by spending or saving. Due to its philosophical and instructional perspective on money management, it has amassed over a million users. It works on both Apple and Android mobile devices.

3. Piggyvest

Piggyvest leverages the time-honoured, straightforward concept of a piggy bank. It gives users the chance to operate the "piggybank" option to accelerate their personal savings objectives. There are numerous additional features for a variety of uses, including "Target Savings," which enables one to set aside money for multiple purposes like holidays, expenses, and special occasions, and "SafeLock," which safeguards finances by keeping them until a predetermined time, preventing spontaneous spending. 

Additionally, one can participate in investments by making small, manageable contributions while earning the same interest rate as a well-coordinated alternative. You can easily see the development of your assets because Piggyvest has thoroughly reviewed and safeguarded every possibility. All Nigerian debit cards are accepted by this app, which has a Nigerian base.

4. Expensify

Expensify is a brand that provides web and mobile budgeting software. They also provide the world's best cost management services. It was first designed to make analyzing cost reports more tolerable for everyone. It is software that enables both individuals and companies to manage and record expenses for things like gasoline and travel. By simply taking a picture of a receipt after a transaction, the program may automatically categorize and store the cost while identifying the transaction's specifics using artificial intelligence. 

Users can access these statistics depending on user transactions as well. For individuals and organizations, the program offers two financing options: annual memberships or pay-per-use fees. This particular app's advantage is that it simplifies currency conversion for foreign travel. Both Apple and Android devices can use it.

Steps on How to Create Your Own Budget App


1. First Step: Prototype Development and Testing

Developing and examining the prototype before creating a personal budget app is the first approach you should take as a developer. This will let you know the app's functions before the main app development because users can grow tired of a mobile app if it doesn’t thrill them.

It may be best to add some gamification components as an alternative. Something that will encourage people to return to the app. On the user interface side, this also means giving customers detailed graph-based analyses that they can customize by timeframe and class.

2. Second Step: Develop An MVP

The server layer for synchronizing user data and giving online the app's accessibility is being constructed by back-end engineers. Intending to reuse code for the manufacturer's web version, most developers choose React Native and Node.js. Firebase or AWS for the back end, nPlaid for linking to bank accounts, and Yodlee for account verification, data integration, and multi-factor authentication are some of the most recommended libraries.

3. Third Stage: Develop Security Technique

Security in apps is essential for managing personal finances. Your goal is for users to feel comfortable entering their financial information into the application. Therefore, apps must adhere to specified rules, which include integrating bank-grade encryption technology, two-factor authentication, and biometric (TouchID and FaceID) authentication. They also need to terminate inactive connections. If we decide to use a third-party library in our program, we should also do a lot of research on it because it could have security holes or open ports that hackers could use.

4. Final Step: Completely Test

What should you do before launching an app to an application store? After all the developmental processes, you should put it through a thorough QA cycle. All types of tests, including load balancing, system unit testing, and edge case validation, should be done as part of the final testing. It's crucial to keep in mind that you should begin QA operations right after the initial development cycle.


Creating a financial app comes with difficulties. But knowing about it is the first and most crucial step in dealing with it. If you are aware of potential snares, you can take preventative measures. You will succeed in developing your financial app if you follow this guide! Explore our blog for further details on how to create your own budget app.
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Hi, I’m Ghanendra Yadav, SEO Expert, Professional Blogger, Programmer, and UI Developer. Get a Solution of More Than 500+ Programming Problems, and Practice All Programs in C, C++, and Java Languages. Get a Competitive Website Solution also Ie. Hackerrank Solutions and Geeksforgeeks Solutions. If You Are Interested to Learn a C Programming Language and You Don't Have Experience in Any Programming, You Should Start with a C Programming Language, Read: List of Format Specifiers in C.
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