Finance
10 Top Financial Planning Tools and Apps in 2024
Whether you’re trying to build wealth, saving for college or planning for retirement, financial planning tools can help you budget for day-to-day expenses and reach your long-term financial goals.
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These 10 top financial apps and tools can help you save money while planning for your future.
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10 Top Finance Apps at a Glance
|
App |
Pricing |
Best for |
Pros and Cons |
|
Acorns |
Bronze $3/month, Silver $6/month, Gold $12/month |
Individual long-term retirement investing |
Pro: Only $5 to begin investing Con: No direct bitcoin investment access |
|
Buddy |
$9.99/month, $49.99/year |
Sharing budgets across multiple accounts |
Pro: Can customize categories and colors Con: Only available on iOS |
|
EveryDollar |
Free, $17.99/month or $79.99/year |
Providing structure in giving, saving and spending |
Pro: Can create unlimited budgeting categories Con: Limited features in free version |
|
Fudget |
Free, $14.99/6 months, $19.99/year |
Providing a simple web-based and mobile budgeting system |
Pro: 7-day free trial with bi-annual and annual plans Con: Only one budget on one device with free version |
|
Goodbudget |
Free, $80/year |
Those who like the envelope budgeting concept |
Pro: Email support with paid version Con: Only community support with free version |
|
Honeydue |
Free |
Couples who manage finances together |
Pro: Available on Android and iOS Con: Many customer-reported bugs and issues |
|
PocketGuard |
Free, $6.25/month or $74.99/year$12.99/month or $155.99/year |
Detail-oriented budgeters |
Pro: Lots of features for the price of paid versions Con: Basically useless unless linked to bank accounts |
|
Spendee |
Free; $14.99/year; $22.99/year |
Those who want to manage money on the go |
Pro: Connect to more than 2,500 banks worldwide on premium plan Con: Can’t share wallet with others on free plan |
|
YNAB |
$9.08/month, $109/year or $14.99 monthly plan |
Providing a flexible method for managing money |
Pro: 34-day free trial Con: No free version after trial |
|
Monarch |
$5.83/month, $69.99/year |
Tech-savvy personal investors |
Pro: No in-app ads or credit card offers Con: Steep learning curve due to many features |
1. Acorns
Banking with Acorns lets you automatically save and invest your money. You’ll have access to some of the highest available APYs — 3% on checking accounts and 5% on emergency fund accounts. Starting with your spare change, you can sign up quickly to pursue your money goals with an Acorn-recommended investment portfolio. The Acorns app has articles and videos for new and experienced investors to learn strategies and build confidence in investing, saving, earning and other financial topics.
2. Buddy
This simple budgeting app, Buddy, lets you track your expenses to prevent overspending. It’s completely customizable, and you can invite others to share your budget and sync their transactions with yours. Another key feature is connecting multiple accounts, including debt, to monitor your net worth. You’ll always know which bills are paid by whom.
Find Out: Average Monthly Expenses by Age: Which Group Is Spending the Most?
3. EveryDollar
Based on the zero-based budgeting concept, EveryDollar helps you plan your giving according to your beliefs, save for emergency expenses and spend money on what you need to be debt free. You can download your budget to a CSV file using the free version. EveryDollar’s financial roadmap feature lets you track your debt payoff progress and see your net worth in real time.
4. Fudget
The Fudget budgeting app is free to download on Windows and Mac desktop platforms and Android and iOS mobile platforms. Each paid subscription includes a seven-day free trial, unlimited budgets and entries, and the ability to share your budget and account with others at no additional charge. Fudget is a simple financial tool that basically works like a calculator without syncing your bank account.
5. Goodbudget
Goodbudget modernized the time-tested envelope budgeting system designed with families in mind to help you track your income and expenses. It’s ideal for couples and families to stay on top of household spending. Financial planning with Goodbudget prevents surprises.
Registering your household for free with Goodbudget gives you 20 envelopes that you can track with one bank account. You also get unlimited debt accounts and debt payoff envelopes, can sync the web app with up to two mobile devices and retain a year’s worth of transaction history.
6. Honeydue
Honeydue may be the answer to harmony in the home regarding couples sharing bills and budgeting. Whether you’re newly married or dating or have been wed for decades, you can track your bank accounts, loans and investments in one place. The app even reminds one or both partners before bills are due.
7. PocketGuard
PocketGuard features include an advanced bill payment tracker in which you can pay your bills on time, manage your subscriptions and prevent late fees by using automatic bill reminders. You can see and organize your bills in one location and track them manually or automatically, even those paid offline.
8. Spendee
You can control your finances with Spendee, including your bank accounts, crypto wallets and e-wallets. Use Spendbee’s smart budgets feature to help you save for future expenses and emergencies. Spendee uses a three-step approach to managing personal finances: Track cash flow by connecting your bank accounts, understand and analyze your spending habits with visuals in the app, and use smart budgets to prevent overspending.
9. YNAB
YNAB uses four rules to manage personal finances: Assign every dollar a job, plan and account for irregular expenses, be flexible and regroup when life happens and stay ahead of the game by using last month’s money to pay for this month’s expenses. YNAB takes the stress out of managing money.
10. Monarch
Monarch lets you manage and track your finances in one app, including investment transactions. Collaborating with your financial advisor or another family member is easy and at no additional cost. You can access Monarch on the web, Android and iOS devices. Monarch uses AI technology to create transaction rules, categorize expenses and predictably organize your payments.
More From GOBankingRates
This article originally appeared on GOBankingRates.com: 10 Top Financial Planning Tools and Apps in 2024
Finance
Homegrown Music Festival looks to right finances, hire new leadership
DULUTH — The Duluth Homegrown Music Festival is seeking both new operational leadership and a solution to financial filing issues that caused the organization to lose its federal tax-exempt status, which it has not held since 2022.
The organization is currently operating as a taxable nonprofit, confirmed Don Ness, the former Duluth mayor who serves as president of Homegrown’s
board of directors.
Ness and the board are working to discern whether there might be any outstanding tax liabilities in the wake of an apparent filing lapse.
“It’s a serious matter that requires diligence to do things right, and to correct past oversight, and to make sure that we are in full compliance with all tax and regulatory requirements,” Ness said. “The board is 100% committed to that course of action.”
As the Duluth Monitor first reported, Homegrown had its federal tax-exempt status revoked in 2022 after failing to make required financial reports for three years. The Monitor also reported that Minnesota Attorney General Keith Ellison’s office has notified the organization it may be in violation of state law requiring the proper registration of soliciting charities.
Clint Austin / Duluth Media Group file photo
“All but one of us have been on for less than a year,” Ness said of the current board members. “We’ve been committed to saying, ‘hey, we need to improve the points of accountability.’”
The organization will also require new operational leadership. Co-directors Cory Jezierski and Dereck Murphy-Williams resigned earlier this month, after leading Homegrown through four successful festivals.
“My contract ended at the end of May, and I knew a few days later that I did not want to continue in that position,” Jezierski said. “Simply put, it was the best thing for my mental health. It’s a job that requires many, many hours and a lot of work, and it can be very stressful as well.”
Amy Arntson / Duluth Media Group file photo
Murphy-Williams did not respond to an interview request for this article, nor did preceding Homegrown director Melissa LaTour. According to LaTour’s
LinkedIn profile,
she was Homegrown director from 2016 to 2022.
Jason Beckman, a recent president who is no longer serving on the board, responded to a News Tribune email but did not provide an interview availability before this article went to press.
Ness does not believe the reporting lapses were due to any ill intent. He praised Jezierski and Murphy-Williams for their success managing festival operations. “They cared deeply about the festival,” he said. “It’s amazing to see that our community continues to support this really unique and special festival.”
“Those guys run a hell of a festival,” said Scott Lunt, festival founder and a current board member. “I think they needed help with bookkeeping.”
Clint Austin / Duluth Media Group file photo
By Jezierski’s account, issues with the festival’s tax status became apparent shortly after he became co-director. “We went to file taxes, they were rejected,” Jezierski said. “At that time we, of course, didn’t know why right away, but once we started pulling on that thread, we unraveled a whole lot of the problems that were going on.”
Jezierski said “it took a long time to try to get any sort of help” from the board, but said that by the time he and Murphy-Williams left the organization, “everything had been turned over to be reconciled” with a financial professional.
Ness, like Lunt, was deeply involved with Homegrown in its first decade but had not had an official role with the festival since then. After launching the festival in 1999 and running it on his own for several years, Lunt was “burnt out,” Ness remembered.
Derek Montgomery / Duluth Media Group file photo
After a transition period during which the festival was run in partnership with the Ripsaw newspaper, Homegrown established a nonprofit organization in 2006 with Ness as festival director. Ness subsequently stepped down when he was elected mayor in 2007.
By 2025, Ness was in his current position as executive director of the Ordean Foundation.
“I was approached by a couple of longtime music scenesters,” Ness recalled. “They said, ‘There are questions about (Homegrown’s) nonprofit status. There are questions about some governance issues. We’re concerned.’”
Ness agreed to join the board, and became president. The 2026 festival ran smoothly from an operational standpoint, but Ness found the financial reporting to be lacking.
Clint Austin / Duluth Media Group file photo
“The last board meeting that we had prior to the (co-directors’) resignations was intended to be an overview of the festival that was a month before,” Ness said. “I certainly felt very uncomfortable with how little financial information we were receiving.”
Lunt also joined the board in 2025, marking his first time serving in that capacity. He said the new board has been spending significant time addressing the accounting and reporting issues.
“Every year at Homegrown time I’m like, ‘I should get more involved,’ and then I don’t,” Lunt said. “Then this board thing came up, and it was kind of sold to me as, like, four meetings a year. I was like, ‘Oh, that’s perfect.’ And now we’re meeting weekly.”
Clint Austin / Duluth Media Group file photo
Although it’s unclear how the organization’s finances will look when the accounting and reporting issues have been fully addressed, along with any outstanding tax liabilities, both Ness and Lunt said they are confident the annual festival will continue without interruption.
“The organization will continue,” Ness said. “The festival will continue. Homegrown is in no danger in terms of its viability.” The financial documentation Ness initially received indicated budgeted revenues of about $140,000, against about $130,000 in expenses.
“Financially, I think we’re in a great spot. We have the money to hire the (financial) professionals, and we have (done so),” Lunt said. “We were hoping that we could get all this sorted out before it had to become more public.”
“We poured countless hours into this festival, and this is how it ends, with everyone talking about this,” Jezierski said. “It’s rough.”
“There’s a DIY ethos that is really at the core of Homegrown,” reflected Ness. “We’re throwing a music festival that isn’t waiting for some famous band from the East Coast to bless us with their presence. We are doing this on our own.”
Clint Austin / Duluth Media Group file photo
That DIY spirit also means “you’re kind of passing wisdom down from person to person, and sometimes that’s imperfect.” Ness continued. “The ways that we do things evolve over time, because it’s not a buttoned-down corporate sort of thing. That can create its own set of challenges.”
“It’s self-supporting,” said Lunt about the festival. “It’s widely volunteer-run. You do need to pay a couple people, obviously, to keep track of some things, but it’s going to be strong into the future. It’s gone through its bumps before.”
Finance
LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services
While most AI in financial services remains advisory, LUMIQ has built the layer that owns the decision — autonomous, auditable AI agents making regulated calls in production at leading banks, insurers, and capital markets firms. Today, LUMIQ serves clients across India, the United States, and Southeast Asia — leading institutions across insurance, banking, and capital markets.
NEW YORK and SINGAPORE, June 19, 2026 /PRNewswire/ — LUMIQ, an AI-native financial services company, today announced a strategic funding round to scale auto-decisioning for financial institutions across the United States and Southeast Asia. The round was led by Bajaj Finserv, one of India’s largest and most diversified financial services groups, with participation from existing investor Info Edge Ventures.
Right now, thousands of customers are waiting for a policy to be issued, a loan to be disbursed, a claim to be adjudicated, because somewhere an FSI employee is drowning in decisions, held back by the risk of getting it wrong. Today, when e-commerce delivers the same day, banks and insurers still decide in weeks. We built LiteCone to take that burden: AI decides the routine cases, completely and accountably, so humans spend their judgment on the one case that actually needs it. This round lets us bring that to every financial institution in the markets that matter most.
Shoaib Mohammad, Co-founder and CEO, LUMIQ
From AI that assists to AI that decides
For decades, financial institutions have bought technology that made their people faster — faster data, faster scoring, faster copilots. The decision still landed on a human. LUMIQ is changing that. Through its LiteCone platform, the company deploys AI agents that read the file, apply the institution’s own guidelines, and reach the decision end to end — escalating only the cases that genuinely require human judgment. The output is not a recommendation. It is a decision, with full reasoning attached, cross-referenced to policy, and defensible under audit.
The results in production speak clearly. At a leading life insurer, LUMIQ’s LEO agent decides 75–80% of underwriting cases with zero human touch, reduced policy issuance cost by roughly 25%, and compressed turnaround from days to under eight minutes — running 24×7 with complete auditability. Across its client base spanning insurance, banking, and capital markets in India, the US, and Southeast Asia, LUMIQ now processes millions of decisions annually.
LiteCone turns a real financial-services role into a working AI agent in weeks. Every agent we deploy is consistent, explainable, compliant, and auditable by design — not as an afterthought. This capital lets us go deeper on the platform and broader across roles. And through our cloud and AI lab partnerships, institutions will increasingly find LiteCone already embedded in the platforms they run today.
Vaibhav Dobriyal, Co-founder and Chief Product Officer, LUMIQ
Finance
Consumer confidence plunges among younger adults
Consumer confidence has plunged among traditionally optimistic younger adults amid fears for their personal finances and the wider economy, figures show.
GfK’s long-running Consumer Confidence Index remained unchanged at an overall score of minus 23 in June.
However, the analyst said this was was “misleading as, beneath the surface, there are new signs that confidence is weakening”.
Neil Bellamy, consumer insights director at GfK, said: “The biggest fall this month is among those aged 16 to 29, traditionally one of the most optimistic groups.
“Here confidence has dropped 11 points over the past month to minus two, the lowest level seen for two years, driven by large falls in views on both their own personal finances and the wider economy.
“More broadly, there are now no demographic groups with a positive confidence score, including higher-income households earning £50,000 or more, who have slipped back into negative territory as of June.
“Confidence remains subdued and vulnerable to further economic or political uncertainty.”
Overall, confidence in personal finances over the coming year remained flat at minus two, four points lower than this time last year.
The measures of both personal finances and the economy over the previous 12 months were both slightly down, by two points and three points respectively, “reflecting the sense that things have been extremely tough over the last year for so many”, GfK said.
The only measure to increase was expectations for the wider economy over the next 12 months, up two points to minus 36 but still eight points below this time last year.
The major purchase index, an indicator of confidence in buying big ticket items, remained at minus 20, four points lower than June last year.
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