![]() The Forbes Advisor editorial team is independent and objective. However, the app lacks a few features other budgeting apps have, such as investment portfolio tracking or establishing financial goals like building an emergency fund. The availability of a joint banking account solution for the two users makes Honeydue an even more effective budgeting tool. The chat and calendar functions make it an efficient way to communicate with someone else about bills. Honeydue has a great user experience and interface for two people to work collaboratively on their expenses and budgeting. There are advertisements within the app.No tools catered toward financial goals (such as savings).Joint bank account available with free debit card, easily integrates into app.Chat function to message partner within app.Over 20,000 financial institutions from which to link accounts.The app is currently rated 4.5 stars out of 5 on the App Store and 4.0 stars out of 5 on Google Play. The Honeydue app is available for both iOS and Android. This is helpful for couples to be aware of potentially fraudulent activity that may occur. Users are able to set alerts within the app whenever a new expense appears. Within the Honeydue app, you also can directly message your partner regarding any bills or expenses. If you want certain expenses to remain private, you can keep them assigned to yourself. ![]() This budgeting app provides separate sections for you and “us.” Honeydue is designed for transparency, and yet there is some privacy available within the app as well. However, there are advertisements that will appear when using the Honeydue app. The Joint Banking account within the app has no fees or minimums and offers access to more than 55,000 surcharge-free ATMs (Honeydue Cash VISA Cards issued by Sutton Bank, Member FDIC). Plaid uses multi-factor authentication and 256-bit encryption to help ensure consumer data is secure. Honeydue stores users’ information in a separate database using multi-layered hardware and software encryption through Plaid Technologies, a widely used service made for apps to connect with financial institutions. The account is FDIC insured by Sutton Bank. The joint checking account comes with a debit card, no monthly fees, no minimum deposit required and instant activity alerts to both users. While it is not required for using the app, Honeydue provides a joint bank account for users who choose to bank together. Using Honeydue, couples can gain greater visibility into their finances, can utilize a chat function to discuss issues that arise, track everything from bank accounts and loans to investments and coordinate bill-paying. ![]() This calendar will send alerts to both users when a bill due date is upcoming. There is also a shared calendar where bill reminders are input, along with how much spending is attributed to each bill. Each person can label expenses as an individual expense or a shared expense, like rent or subscription services. The app is divided into three parts: each partner’s individual expenses, plus an “all” section where shared transactions appear. For example, you can design a plan to see your future financial projections, set monthly savings goals, and add a notepad to jot thoughts in your budget sheet.Honeydue gives couples the power to oversee and collaborate on all financial transactions and upcoming bills. The Control Panel sheet in BFL includes a lot of other such cool features that most budget sheets don't have. It's a smart innovation that makes this one of the best budget and finance sheets we've seen in a long time. In the Control Panel sheet, you'll find the mobile-friendly BFL Google Form, which you can bookmark on your phone or computer to quickly add any transaction without opening the full sheet. BFL will update the main dashboard and other charts to get a quick look at your money situation. After that, it's simply a matter of tracking any money coming in or going out in the log, where you also add a date, description, and category to the transaction. It's completely free and easy to set up and offers several surprising features.įollow the instructions on the website to install the add-on in Google Sheets, and set up a budget based on your incomes and expenses. Budget For Life (BFL) has made it their mission to deliver a powerful budget manager and expense tracker in Google Sheets that feels like using a personal finance app like YNAB or Mint.
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