Free debt free software

You can also create a debt reduction plan and oversee all your spending with tools that let you search for transactions and determine where your money is really going.

Quicken has been around for more than 30 years, and over 17 million people have used its software. This company has bit encryption that protects your data, and there's a day money-back guarantee period. Why We Chose It: Quicken is our best overall because this software has been around for 30 years with excellent results.

ZilchWorks is ideal for consumers who want software that focuses on debt reduction online. Their program works diligently to analyze your debts and figure out the fastest and most efficient way to pay them off. An interesting fact about Zilchworks is that you only have to purchase this software once. This makes it less expensive for the long haul than some other debt reduction software programs that require a paid annual membership.

ZilchWorks has also been around since We like the fact that ZilchWorks creates an efficient debt payoff plan for you based on either the debt avalanche or debt snowball methods—the choice is yours to pay off the highest debt or highest rates first. Why We Chose It: ZilchWorks focuses on creating the fastest path for anyone to get out of debt, mostly because they use the debt avalanche or debt snowball method, depending on your needs.

Tally will pay your credit cards for you using the app, but you can also opt to manually pay your credit card bills yourself. From there, Tally monitors each credit card and its balance, and then uses its smart technology to help you know which cards to pay off first.

Generally speaking, Tally operates using the debt avalanche method, meaning you would pay off credit card balances with the highest APRs last. Tally is free to download. The company makes money by charging you interest on your line of credit, which should be lower than the interest you were paying on a credit card.

While this app promises to automate debt repayment for you, it does offer the option to let you pay your credit card bills yourself. Tally also promises the safe transfer of your data, which is transmitted securely using SSL encryption. Why We Chose It: Tally made our list for the best debt reduction app because it incorporates debt reduction with consolidation all from a smart device.

The app specifically makes it easy to manage your credit cards and bills in one place, and that includes the new line of credit Tally provides. We also like that Tally will pay your credit card bills on your behalf if you want, creating the ultimate hands-off debt repayment process. Use Unbury. Me to calculate your best path out of debt using the debt snowball or the debt avalanche method.

If you really just want access to a free tool that can help you create a debt repayment plan you can manage yourself, Unbury. Me is a good option. This software includes a basic debt repayment calculator you can use to craft a payoff plan using the debt snowball or the debt avalanche, two different strategies that have you focus on smallest debts or debts with the highest interest rate first.

Interestingly, you do not have to download this software to your computer. Instead, you simply log into the Unbury. Me website each time you want to tweak your loan information or add another debt to your payoff plan. This app doesn't sync with your bank details, so you do have to enter your information manually. Me, however, does let you create an online account where you can store your information.

Even though there are a lot of limitations with this debt reduction software, it is effective in helping you see the big picture and determine whether to use the debt snowball or debt avalanche method. For someone disciplined to follow a set plan, Unbury.

Me might be all they need. Qube Money officially launched in the spring of , so there are few reviews and user opinions to compare. From there, Qube Money sets up digital envelopes that work in conjunction with a Qube Money debit card tied to your account. Qube Money is also rolling out automated debt reduction, which will help you manage your credit card bills and other debts in an optimized way.

You can also apply for Qube Kid cards that let your little ones learn about and be part of the family finances. Why We Chose It: Qube Money helps you manage all aspects of your finances, and is the only debt reduction software that made our list for envelope budgeting. If you want to pay down debt and start using a budget that works, consider giving it a try. Qoins helps you pay off your debts by rounding up your purchases and funneling small extra amounts toward credit card bills.

Qoins is a mobile app that lets you automate the debt repayment process with extra money gleaned from rounding up your purchases. While Qoins aims to help you pay down debt by rounding up your purchases, this app can be used to pay more bills than one might think.

For example, you can use Qoins to pay student loans, mortgage payments, auto loans, etc. Select personalised content. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights.

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By Shelley Elmblad Full Bio LinkedIn Shelley Elmblad is an expert in financial planning, personal finance software, and taxes, with experience researching and teaching savings strategies for over 20 years.

She earned her bachelor's in business administration from the University of Wisconsin and has successfully completed additional coursework and certificates in public administration, computer networking, small business accounting, and small business management.

Learn about our editorial policies. Reviewed by Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years.

Her expertise covers a wide range of accounting, corporate finance, taxes, lending, and personal finance areas. Learn about our Financial Review Board. She has spent time working in academia and digital publishing, specifically with content related to U. She leverages this background as a fact checker for The Balance to ensure that facts cited in articles are accurate and appropriately sourced. Best free spreadsheet for anyone: Google Sheets Best overall free smartphone app: Mint Best free smartphone app for beginners: Goodbudget Best free smartphone app for investors: Personal Capital Best free desktop software for small business owners: GnuCash.

What does a budgeting tool do? How do you create a budget? Learn More. Information about Google Sheets has been collected independently by Select and has not been reviewed or provided by Google Sheets prior to publication. Cost Free. Gmail account users can access a variety of free budgeting templates to help get started.

Users manually input their expenses, but some budgeting templates offer preset categories. Offered on web browser and smartphone devices. See our methodology , terms apply. Pros Free to use with your Gmail account Google Sheets can be accessed from anywhere via the mobile app Templates help users navigate making a budget Hands-on approach forces users to really think about each transaction they make Third-party add-on software available on some templates to import your banking transaction data Security features include Google server protection.

Cons Requires users to manually input transactions and other data, unless third-party add-on software is available with template Offers so many different budgeting templates that it may be overwhelming to choose the best one for you. View More. Information about Mint has been collected independently by CNBC and has not been reviewed or provided by Mint prior to publication.

Shows income, expenses, savings goals, credit score, investments, net worth. Verisign scanning, multi-factor authentication and Touch ID mobile access.

Pros Free to use Syncs to your bank accounts and credit cards Users can create savings goals, track investments Customized alerts when over budget, for large transactions, ATM fees, etc.

Bill payment reminders Credit monitoring service Offers blog and education tools, such as a loan repayment calculator Security features include Verisign scanning, multi-factor authentication and Touch ID mobile access.

Cons Some user reviews complain of ads, glitches in app, expenses assigned to wrong category. Information about Goodbudget has been collected independently by CNBC and has not been reviewed or provided by Goodbudget prior to publication.

No, users manually create "envelopes" and input their transactions. Security features include bit bank grade encryption in a secure data center.

On Personal Capital's secure site. Cost App is free, but users have option to add investment management services for 0. A budgeting app and investment tool that tracks both your spending and your wealth. Yes, bank and credit cards, as well as IRAs, k s, mortgages and loans. Data encryption, fraud protection and strong user authentication. Pros Free to use Includes money-tracking dashboard, plus a net-worth tracker as well as a breakdown of your investment portfolio Offers free investing tools, such as a retirement planner, education planner and fee analyzer to check portfolio fees Syncs to your bank accounts and credit cards as well as other financial accounts Offers Daily Capital blog for financial planning tips Security features include data encryption, fraud protection and strong user authentication.

Cons Budgeting features aren't as comprehensive as other apps Investment management services come with cost. Information about GnuCash has been collected independently by Select and has not been reviewed or provided by GnuCash prior to publication. Allows users to import their bank account information. Pros Free to use Compatible with most computers Good accounting option for startups and small businesses with limited budgets Offers helpful data visualization of your budget with graphs and reports Available in multiple languages and tracks multiple currencies Website offers an extensive FAQ section for user support Users can create recurring transactions and set reminders when things are due Finder tool allows users to easily search for specific transactions Security features include not being an online, cloud-based program.

Cons Double-entry accounting method used may be more helpful for small business owners versus individuals trying to manage a budget Desktop software interface looks outdated.