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Managing money in 2025 is both easier and harder than ever. Easier because there are dozens of budgeting apps that track every dollar for you, but harder because choosing the right one can feel overwhelming. As someone living in Canada and trying to stay on top of savings, I’ve personally tested different apps to see which ones actually make a difference.
Here are my 5 Best Budgeting Apps for Canadians in 2025 that can help you save more, spend smarter, and finally feel in control of your finances.
1. Mint (by Intuit)
Mint has been a classic for years, and in 2025 it’s still one of the most popular free budgeting tools. It connects directly to your Canadian bank accounts and automatically categorizes your spending.
Why I like it:
- Completely free to use
- Visual spending charts and alerts for overspending
- Credit score tracking built-in
💡 Best for beginners who want an easy, all-in-one view of their money.
2. YNAB (You Need A Budget)
YNAB isn’t free, but it’s one of the most powerful budgeting apps if you’re serious about financial control. It uses the philosophy of “giving every dollar a job.”
Features:
- Proactive budgeting: plan before you spend
- Goal tracking (saving for a house, debt payoff)
- Great educational content & community
💵 Cost: ~$14.99/month or ~$99/year
💡 Best for people who want to take full control of every dollar.
3. KOHO
KOHO is more than a budgeting app—it’s a prepaid Visa card with built-in spending insights. Since it’s Canadian-based, it integrates smoothly with local banks.
Why Canadians love KOHO:
- Cashback on everyday spending (up to 2%)
- Real-time transaction notifications
- “Round-Up” savings feature (rounds purchases to the next dollar)
💡 Best for those who want budgeting + cashback rewards in one place.
4. Moka (formerly Mylo)
Moka is perfect if you want to save without thinking about it. It automatically rounds up your purchases and invests the spare change into a portfolio.
Highlights:
- Automated saving through round-ups
- Access to RRSPs, TFSAs, and ESG investing options
- Low monthly fee (~$4)
💡 Best for Canadians who want investing + budgeting made automatic.
5. PocketSmith
PocketSmith is a hidden gem that focuses on forecasting. Unlike most apps, it lets you see your future cash flow based on your habits.
Why it stands out:
- Forecast finances up to 30 years
- Multiple currency support (useful for immigrants)
- Flexible budget categories
💡 Best for planners who want to see long-term money projections.
Comparison Table: Top 5 Budgeting Apps in Canada (2025)
| App | Cost | Best For | Key Features |
|---|---|---|---|
| Mint | Free | Beginners | All-in-one overview, free credit score |
| YNAB | $14.99/mo | Serious budgeters | “Every dollar a job”, goal tracking |
| KOHO | Free + Paid | Everyday spenders | Cashback, prepaid Visa, round-up saving |
| Moka | ~$4/mo | Automated savers | Spare change investing, TFSA/RRSP options |
| PocketSmith | Free + Pro | Long-term planners | 30-year cash flow forecasting |
Final Thoughts
In 2025, budgeting isn’t about keeping a notebook—it’s about choosing the right app that fits your lifestyle.
- If you want free and simple → Mint
- If you want serious financial discipline → YNAB
- If you want cashback + budgeting → KOHO
- If you want automated investing → Moka
- If you want future planning → PocketSmith
💡 Personally, I use KOHO for everyday spending (love the cashback) and YNAB for detailed tracking. Combining apps helped me stay on track to save $10,000 last year.