Best Budgeting Apps for Students 2024

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When you are a student, it can definitely be hard to control how much you are spending! Having to constantly check your bank balance and check you are not spending too much can be very stressful.  However, don’t worry! This is where the solution of budgeting apps comes in! There are many different types of budgeting apps and they can all help you monitor your spending.

Carry on reading and discover some of the top budgeting apps. This article is packed with tips and information that could save you some serious money.

What is a budgeting app?

As a student, it can be hard to not spend too much money. It’s not even a matter of will power, it may just be that you only have a very small amount of money.

Budgeting apps are apps that can help you to manage your money, save and invest in the most efficient way. These apps are easily downloadable onto your phone or another mobile device, making them even easier to use.

Different budgeting apps work in different ways. Some are good at tracking how much you spend, some are good at splitting bills and some apps are great at helping you shop in the supermarket!

Regardless of their main features, budgeting apps are useful tools to have on your phone because they prevent you from over-spending. Being a student is hard enough with all of the assignments and exams you must complete.

Don’t stress yourself out even more by worrying about money!

What are the best budgeting apps in 2024?

There are so many different budgeting apps, some good, some not so much. This can make it so hard for you to find out which ones will be right for you and which ones won’t. Check out this list to find out the different apps and learn their slightly different functions.


This is a free app! It gives you a visual summary of all of your accounts which is useful to monitor how much you are spending. You can use the app to set budgets in order to control how much you are spending.

You can budget money depending on different categories, such as grocery shopping, clothing, entertainment and dining out. It allows you to stay organised by recording how much you are spending and reminding you of upcoming transactions.

You can find more information about the app and download it from the Wally website, if you click here.

Money Dashboard Neon

This is a free app and is not just tailored to students. It can help people get out of debt and just assist with general savings.

It has helpful features, such as notifications, which tell you when your balance is looking low, so you should stop spending. It can link all of your accounts together and help you see all of your spending history.

You can find out more information about the app and download it from the Money Dashboard website, if you click here.


This app is useful for tracking shared expenses. Therefore, if you are sharing a flat with another student whilst at university, this app is perfect for you.

It allows you to organise your expenses with groups of friends to work out who needs to pay what. The free version contains lots of useful features. However, there is a premium version which costs a little bit of money each month, if you want extra features.

Like other budgeting apps, you can easily track and manage your expenses with Splitwise. You can find out more information about this and download the app from the Splitwise website, if you click here.


This app allows you to put all of your accounts in one place. You are also able to track how much you are spending and what you are spending this on, in order to gain insights into how you could be saving.

It also categorises your transactions, so you can see what you are spending money on each month. You can download the app and find out more about it on the Moneyhub website, if you click here.


This app calculates how much money you can actually afford to spend. By using artificial intelligence, it can also calculate how much money you are able to save.

It does this by removing small amounts of money from your current account into a savings account at regular intervals. This means you could be saving without even knowing!

It has a premium version and a free version. It’s up to you which version of the app you choose! Chip won the prize for the best finance app in 2022. It is also very safe to use. Therefore, it is no wonder that so many people choose to use it!

You can find out more information about this app and download it from the Chip website, if you click here.

Should you use a budgeting app?

Different budgeting apps differ slightly in their functions. However, they all have the same goals in regards to your money.

They track your spending, meaning you are more likely to be conscious of how much you are spending. Therefore, you are less likely to spend! You can also see how expensive things are, allowing you to see which expenses you could potentially cut out.

You can use the app to pay bills on autopilot each month, meaning you will never miss a bill. Budgeting apps also help you to save an immense amount of money.

As a result, you definitely should use a budgeting app. If you feel as if you are spending too much or just want to save some more money than you already do now, these apps are perfect.

If you don’t want to pay for premium versions, the free features of the apps are still extremely useful.

How can using a budgeting app be beneficial?

Budgeting apps have an immense amount of benefits, most of them already stated. You need to remember that these apps will make your life so much easier.

No more will you have to write down how much you are spending and work out how much you are saving with your old calculator. The app does it for you, meaning you will definitely experience less stress!

Budgeting apps also give you a comprehensive view, as you are able to see all of your bank accounts in one place, giving you an overall picture of your spending. This is much easier to track.

Budgeting apps can help you save so much and stop spending money on pointless things. If you want to discover even more budgeting apps, click this link to visit the Forbes Advisor article.

Saving money is especially important at university. This is because university is so expensive! Check out this article from Think Student to find out why.

Why should you learn to manage your finances?

When you go to university, college or an apprenticeship, you are there to set up your life. Your purpose from learning is to get ready for a career.

However, being a student does not only involve learning in the classroom. You need to also teach yourself about finances and ask others about it to prepare you for the real world.

When you are all grown up, with a job and living by yourself, you need to know how to save money. If you don’t know how, you could end up running out! You definitely do not want this to happen.

Therefore, learning to manage your finances is an important skill and budgeting apps can definitely play a major part in this. If you want to discover some budgeting tips, check out this article from Think Student.

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