Actual Budget vs EveryDollar

Actual Budget is a privacy-focused finance app built around envelope budgeting. It lets users assign only cash they have on hand, manage split transactions and transfers, and track bills and net worth. The app stores data on the local device and a selected Actual server, and it works without a network connection. Reports include net worth and cash flow, alongside a custom report engine, and users can export reports. Actual imports QIF, OFX, QFX, CAMT.053 and CSV files. Bank syncing requires actual-server and credentials from a chosen provider, and automatic syncing is off by default. Optional end-to-end encryption prevents the server from accessing encrypted budget data, but it does not cover bank sync tokens; losing the encryption password without a local copy means the encrypted data cannot be recovered. Desktop clients are available for Windows, macOS and Linux, with web access and several self-hosting options. The free, MIT-licensed plan costs nothing.

EveryDollar is a budgeting tool for the web, iOS, and Android. Its free plan supports monthly budgeting, manual transaction tracking, unlimited budget categories and lines, bill due dates, and sinking funds. Listed capabilities also include bill tracking, net-worth tracking, account syncing, report export, and mobile apps. Premium adds automatic bank transaction imports, paycheck and bill-date planning, custom reports, CSV export, projected net-worth calculations, coaching, and live Q&A. Premium costs $17.99 a month after a 14-day free trial. The pricing note also lists paid access from $6.67/mo on an annual basis; the plan details provided list Premium at the monthly price. The free plan is listed at free. EveryDollar was founded in 2015, and its maker is headquartered in Franklin, Tennessee, United States. The product offers a manual-budgeting option as well as a paid tier with imported transactions and additional planning and reporting capabilities.