Takeaways
- EveryDollar is a budgeting app that tracks your income, expenses, and bills.
- You can download the EveryDollar app from the App Store or Google Play.
- The EveryDollar app supports the zero-based budgeting concept.
- Everydollar has two pricing plans: Free and $17.99 monthly for Premium.
- The Everydollar app has eclipsed 3 million downloads since its debut in 2015.
Overall App Review
The Everydollar app made our Best of Budgeting Apps awards list. Designed for spending intentionally, this app is a powerful tool to get your expenses on track. Harnessing the power of zero-based budgeting, the Everydollar app forces accountability. Our team thinks the mobile app is very user-friendly. The free version of the app allows you to get up and running almost instantly, making it a heavy hitter in the budgeting product landscape.
Best for: Beginner budgeters and those who need a detailed view of their finances
Favorite Feature: Zero-based budgeting approach
Why we like it: The EveryDollar app is ideal for beginner budgeters and savers because it is easy to use and provides step-by-step instructions. The Ramsey Solutions app does not compromise on its approach to zero-based budgeting, and the Ramsey team has built this app to support their view on personal finances. With this app, you truly get a real-time pulse on your money, and the app's granularity forces you to appreciate "every dollar" of spending.
On EveryDollar’s Website
EveryDollar App
Smart Money Rating: 4.7/5
Best For: Detailed Personal Finance Tracking
Offers: Free Version
EveryDollar, developed by Ramsey Solutions, offers a user-friendly, goal-oriented approach that follows zero-based budgeting principles. Popular among individuals and families trying to get out of debt or regain control of their finances, EveryDollar emphasizes intentional spending and reports helping users cut their expenses by 9%.[1]
We chose to review the EveryDollar budgeting app because it is an extremely personal finance budgeting app. Developed by the Ramsey Solutions team, it has caught the attention of users. The app has a desktop and mobile version and has amassed millions of sign-ups and downloads. Users like it, giving it a 4.7 on the App Store and 4.4 on Google Play, with over a million downloads.[2][3] Our team downloaded the EveryDollar mobile app to test how it works, see what we liked, and see where it shines. Here's what we found.
What Is EveryDollar?
EveryDollar is a personal budgeting app built around the zero-based budgeting method. This method uniquely requires every dollar you earn to be assigned a specific job—for bills, savings, debt payments, or discretionary spending. This approach ensures that your income minus expenses equals zero, allowing you to plan for each dollar rather than tracking what has already been spent. This app is a powerful, uncompromising tool that forces you to account for every dollar.
EveryDollar is part of the Ramsey Solutions suite of financial tools based on the teachings of personal finance expert Dave Ramsey, author of The Total Money Makeover. It is particularly geared toward users following the Baby Steps method. These steps involve building an emergency fund, paying off debt, and investing for retirement. The app is designed to guide users through these steps, helping them stay focused on key milestones like becoming debt-free and retirement savings.
>> Ready to take action? Try our 16 Budgeting Tips Anyone Can Follow
Pros of EveryDollar
- Simple design
- Zero-based budgeting
- Educational content
- Focus on debt reduction
- Mobile accessibility
Cons of EveryDollar
- Limited free features
- High price point for premium
- No investment tracking
- Built around Ramsey's financial framework
>> Trouble with spending? Try our 5 Ways to Curb Excessive Spending
How EveryDollar Works
The EveryDollar app allows users to create monthly budgets, assign income and expenses to categories, and track progress toward financial goals. The good news is you don’t have to shell out money to get access to the app. There are two versions: a free version and a premium subscription called EveryDollar Premium (more on this below).
If one of your goals is to pay off credit cards and other debts, the EveryDollar app can help. According to the Ramsey team, the app can help users find $395 in their budget to put towards debt payments.[4]
Ready to get started and learn more? Here is what you need to know about how the app works:
- Set Up Your Budget—Each month, you enter your income and assign it to categories such as housing, food, transportation, savings, and debt. The app prompts you to budget down to the last dollar.
- Track Your Spending—The free version requires you to manually enter your expenses. The premium version connects to your bank accounts and imports transactions automatically.
- Adjust As Needed—If you overspend in one category, you can reallocate funds from another. The app allows flexible changes while keeping you within your overall budget.
- Follow the Baby Steps—EveryDollar guides users through Dave Ramsey’s Baby Steps framework, helping them focus on key milestones like debt freedom and retirement savings.
EveryDollar works on web browsers, iOS, and Android devices, allowing you to budget at home or on the go.
Read More: Here’s How Much to Spend on Rent
Here’s How Much EveryDollar Costs
EveryDollar offers a free version with essential budgeting tools and a premium version that adds automation and coaching resources. You can tailor which version you want based on your needs. For cost-conscious budgeters, go with the free version.
Here’s a breakdown of product features and associated pricing differences:
EveryDollar Free:
- Create and customize a monthly zero-based budget
- Manual expense tracking
EveryDollar Premium ($17.99/month or $79.99/year):
- Connect bank accounts for automatic transaction syncing.
- Financial roadmap
- Paycheck planning
- Goal setting
- Group financial coaching
- Customer budget reports
- Smart tracking recommendations
- One-click tracking
While the free version is functional, the Premium version enhances convenience with automation and offers bolt-on value through Ramsey Solutions' learning platform. If you want a deep dive into Ramey's world, this is the way to go.
Other Budgeting Apps to Consider
If EveryDollar is not quite the right fit, here are several alternatives that offer different features and pricing models:
- Empower—It is ideal for users who want both budgeting and investment tracking. Empower provides a high-level view of financial health. (Read our Empower App Review).
- Quicken—A desktop-based solution with powerful budgeting, debt tracking, and investment management tools. It is best suited for users who prefer a comprehensive software package. (Read our Quicken App Review).
- YNAB (You Need A Budget)—As a zero-based budgeting app, YNAB offers more flexibility and a highly customizable interface. It emphasizes financial education and long-term planning. (Read our YNAB App Review).
- PocketGuard—Automatically tracks spending and shows how much is safe to spend after accounting for bills and goals. It is best for users who want budgeting insights with minimal input. (Read our PocketGuard App Review).
- Honeydue—Designed for couples, Honeydue allows shared budgeting and financial collaboration with custom alerts, shared expenses, and open communication. (Read our Honeydue App Review).
EveryDollar Review Methodology
Our team signed up for the EveryDollar free trial and tested both the mobile app and desktop version. We explored the different features, using hands-on, real-world testing to better understand the user interface, ease of account opening, and feel of the budgeting platform.
Smart Summary
EveryDollar is a straightforward, zero-based budgeting app designed to help you manage your money with purpose. Created by the Ramsey team, it is a great fit for individuals and families who want to work on paying off debt, building savings, and following a clear-cut roadmap. The free version of the EveryDollar app offers the functionality to get beginner budgeters going, but the Premium version adds more automation and easier bank transaction importing, goal setting, and financial resources.
You Might Also Like
Smart Money requires our expert writers to rely on trusted primary sources—academic research, government reports, expert interviews, original reporting, and peer-reviewed data—to deliver precise and up-to-date content. All of our content is thoroughly fact-checked. We also incorporate relevant research from reputable publishers when it aligns with our editorial focus. For a closer look at our rigorous journalistic standards, explore our editorial guidelines.
(1) Ramsey Solutions. EveryDollar. Last Accessed May 22, 2025.
(2) App Store. EveryDollar Budgeting Management. Last Accessed May 22, 2025.
(3) Google Play. EveryDollar: Budget Planning. Last Accessed May 22, 2025.
(4) Ramsey Solutions. EveryDollar. Last Accessed May 22, 2025.
