SpendMind vs Goodbudget
Budgets without envelopes, plus savings and debts.
In short
Choose Goodbudget if…
You like the envelope method and want a simple free version that syncs between two devices.
Choose SpendMind if…
You want budgets by category without filling envelopes, plus savings with dates, debts and a household with roles.
The key difference
Goodbudget is built around a method; SpendMind is built around the moment you pay.
Side by side
| Feature | Goodbudget | SpendMind |
|---|---|---|
| Price | Free; Premium $10/month or $80/year | Free plan · Premium $5.99/month or $49.99/year ($34.99 the first year at launch) |
| Free plan | 20 envelopes, 1 account, 2 devices, 1 year of history | Unlimited entries, budgets, reports; 15 categories, 10 recurring, 3 savings pockets |
| How expenses get in | Typed | Typed in two taps; receipt scan (Premium, 100 a month). No bank connection. |
| Budgets | Envelope method | By category or overall, daily, weekly or monthly, with alerts |
| Household | Shared budget synced between devices | Shared spaces, 4 roles, up to 8 people, a private space each; one subscription, members join free |
| Savings goals | Envelopes for goals | Pockets with a target date and on-track status |
| Debts & loans | Debt tracking | Interest by the day, payoff date (Premium) |
| Languages | English | English, French |
Where Goodbudget is better
- A clear, well-known method
- A generous free plan that syncs two devices
- Lots of guidance on envelope budgeting
Where SpendMind is better
- No envelopes to refill: budgets by category and period
- Savings pockets with a date, debts with interest and a payoff date
- Roles and a private space for each person
- Receipt scan and monthly insights
- Available in French
Switching from Goodbudget
Turn each envelope into a category with a budget.
Turn goal envelopes into savings pockets with a target date.
Invite your household and pick their roles.
3 months of Premium free. No card, no automatic charge.
Prices and features checked on October 16, 2026, from Goodbudget's website. Something changed? Tell us.
YNAB, Monarch, Goodbudget, Spendee, Bankin' and Splitwise are trademarks of their respective owners. SpendMind is not affiliated with them.