Money management and budgetings

BudgetBakers Wallet: Budget, Money Manager review

BudgetBakers Wallet: Budget, Money Manager

CHOICE Expert Rating

77%
What is the CHOICE Expert Rating?
Good points

Good Points

  • Features saving and goal-setting in addition to regular budgeting (Android only)
  • Excellent identification of transactions
  • Charts to show expenditure
  • Categorisation of expenses
  • Can set categorical budgets
  • Can set savings goal (Android only)
  • Can set recurring transactions
  • Easy to sync between devices
Bad points

Bad Points

  • Paid version is subscription based (at the time of testing, there was a one-time, lifetime payment as well)
  • iOS app a bit different to the Android app (lacks Goals, lacks export features)

Recommended products

Recommended
Recommended

Test results

CHOICE Expert Rating
77%
Versatility score
77%
Ease of use score
78%
General comments
The Wallet app has a few more features in the Android version than it does in the iOS version, namely saving goals, shopping lists, loyalty card images and warranty information, but both versions can be used to track expenditure manually or by connecting to a bank, and can help you budget. Categorisation is good, and can be customised by the user, and labels can be added to make a transaction clearer. There is very good provision for location and photo data to be added to transactions as well. Charts and reports give a good indication of how you're tracking with your spending on a categorical basis.

Specifications

Android
iOS
Web browser
Windows
macOS
Security PIN
Data import supported file types
CSV, XLS/XLSX, OFX (via web)
Account aggregation service
Yes (Salt Edge, Yodlee)
Website
budgetbakers.com

Cost

Price
$41.99
Subscription required

Features

Free version available
Free trial period (days)
N/A
Exports to CSV
Yes (Android only)
Exports to PDF
Yes (Android only)
Sync to banks
Can set recurring transactions
View scheduled transactions
Categorise transactions
Generates reports
Displays trends
Yes (balance)
Displays forecast
Spending graphs or charts
Set savings goals
Attach images to transactions
Flag transactions for tax

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