Ledger vs PocketSmith
Ledger
useledger.co
PocketSmith
pocketsmith.comSide by side
| Figure | Ledger | PocketSmith |
|---|---|---|
| Price from | $4.17/mo | $9.99/mo |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| Linux | — | Yes |
| iOS | Yes | Yes |
| Android | — | Yes |
| API | — | Yes |
| Plans published | 4 | 7 |
| Spec score · Personal Finance Software | 8.1 (#81) | 9.5 (#2) |
| Bill tracking | Yes | Yes |
| Budgeting tools | Yes | Yes |
| Free plan | Yes | Yes |
| Headquarters | Melbourne, Australia | Dunedin, New Zealand |
| Mobile apps | ios | both |
| Purpose | Ledger is a pay-cycle planning app that brings income, expenses and remaining funds together. | PocketSmith is personal finance software for forecasting future bank balances and interacting with money. |
| Report export | Yes | Yes |
| Security | The privacy policy says Ledger may offer Face ID, Touch ID or app lock, and does not receive or store biometric templates. | Connections are encrypted, stored data is encrypted at rest, passwords use bcrypt hashing, and PocketSmith reports an SSL Labs A+ transport rating as of February 2024. |
| Support | Users can contact [email protected] for support and privacy requests, and may send screenshots or exports for help. | Users can contact PocketSmith support through the in-app Help menu or by email, with priority email support on Fortune. |
Plans
Ledger
- FreeFree
- Ledger ProA$5.99 a month
- Ledger Pro$49.99 a year
- Ledger Pro$89.99, paid once
PocketSmith
- FreeFree
- Foundation$14.95 a month
- Flourish$24.95 a month
- Fortune$39.95 a month
- Foundation$119.88 a year
- Flourish$199.92 a year
- Fortune$319.92 a year
In their own words
PocketSmith
PocketSmith is personal finance software for budgeting, monitoring accounts, and forecasting future balances. It connects to financial institutions for automatic imports and categorization, and also supports manual imports. Budget tools include a calendar, flexible periods, and what-if scenarios; reports cover income, expenses, net worth, and cash flow. Users can track accounts, assets, and liabilities across countries with currency conversion. Forecasting can show daily balances as far as 60 years ahead on the Fortune plan. The free plan includes two dashboards, 12 budgets, two accounts, and six months of projection. Foundation starts at $9.99 a month when billed annually. PocketSmith lists Android, iOS, web, desktop apps, and an API. Bank feeds are read-only and cannot move money in connected accounts. The service states that data is encrypted, two-factor authentication is available on every plan, and there are no ads or ad-tracking.