Mint is shut down (March 2024), making EveryDollar a popular alternative, especially for Dave Ramsey fans favoring zero-based budgeting, while Mint offered broader free financial tracking, but EveryDollar's free version requires manual transaction entry, with its paid version (EveryDollar Plus) offering bank connection, better for those who prefer active, detailed budgeting over Mint's more automated, high-level overview approach.
In fact, you can set up a budget with Mint in just a few simple steps! The free version of EveryDollar has far fewer features than Mint. Also, I like that everything you can do with the free version of EveryDollar, you can do with Mint, and more. But consider your behavior and how you are with money.
Empower is the best free Mint replacement. It comes with nearly every feature Mint offers and many additional tools. It's particularly well suited for those who want to manage all of their money in one place, including investments.
Whether Dave Ramsey's EveryDollar app is worth it depends on your commitment to zero-based budgeting and need for automation; it's excellent for Ramsey fans wanting simple tracking (especially the paid version with bank linking) but tedious in the free version, and pricier alternatives with more features exist if you're not a devoted follower. The value hinges on your personal finance style: great for beginners and debt payoff, less so for comprehensive investing/wealth management.
In less than two weeks, the budgeting app Mint — which once had 3.6 million active users, including me — will shut down forever. According to its parent company, Intuit, Mint wasn't making enough money, so Intuit began the app's closure in January.
The best Mint replacements depend on your needs, with top contenders being Monarch Money, Rocket Money, YNAB, and Empower, offering features from automatic syncing (Monarch, Rocket Money) and detailed budgeting (YNAB, Goodbudget) to net worth tracking (Empower), often with subscription costs for full functionality, unlike Mint.
At EveryDollar, we take your privacy and security very seriously. We partner only with highly trusted third-party providers to connect your bank to your budget. Both Mastercard Connect and Plaid are industry leaders who follow strict security protocols to safeguard your information.
Dave Ramsey recommends the EveryDollar app for budgeting, as it's developed by Ramsey Solutions, his financial company, and is built on his zero-based budgeting principles to help users track spending and find financial "margin". The app helps you plan every dollar, offers a free version, and includes features for debt tracking and financial coaching to align with his proven financial plan.
We take into account the cash in your emergency fund, the value of your home, your retirement balances and how much you plan to put toward your goals each month. Then we adjust for inflation and voilà! You can see your net worth without having to lift a pencil.
With the free version, you'll have to remember to go in and add every expense manually, since you can't link your financial accounts. You also have to manually group each transaction under the right line item in your budget for it to reflect in your “spent” and “remaining” categories.
The Best Mint Substitutes
My personal favorite has been Dave Ramsey's envelope system and Dave Ramsey's EveryDollar app. They are both free and I've been using them for over 7 years.
There's no single "#1" free budgeting app, as the best choice depends on your needs, but top contenders often include Goodbudget (digital envelope system), EveryDollar (zero-based budgeting), PocketGuard (spending control), and Credit Karma (Mint's successor for account aggregation). Others like Rocket Money excel at subscription management, while Empower Personal Dashboard (formerly Personal Capital) is great for investment tracking, all offering strong free versions.
Our pick for best Mint alternative remains Quicken Simplifi, even months after the Mint shutting down, thanks to its easy to use app, good income and bill detection and its affordable price.
How to Choose the Right Budgeting Tool
Mint shut down on March 23, 2024 and is no longer available. Mint's parent company, Intuit, encouraged former Mint users to sign up for an account on Credit Karma, another company owned by Intuit, as a replacement.
EveryDollar - Ramsey. EveryDollar is the budgeting app that helps you find more margin and put it to work to beat debt and build wealth.