Pennies: An app you should be using

Financial App Spotlight

Still trying to balance your money?

Pennies is the award winning app for managing your personal budgets & spending money on the go, and it is the simplest financial app I’ve used. There are no charts, graphs, account connections. It’s just me and my numbers. The user experience is also seamless. Pennies is my go-to app for when I budget properly because there truly is no fuss. It really is “the everyday money tracker” it claims to be.

Here are some of my favorite features:

One-off budgets

One of my favorite features of the app is the variety of budget time frames available. With Pennies I can set recurring weekly, monthly, bi-weekly, twice-monthly, or one-off budgets. Lately, I find myself utilizing the one-off budget feature more and more. It can be hard for me to stick to recurring budgets with the way random way I spend, so I prefer to take my budgets moment by moment, setting them for specific periods of time when I need the most help.  For example, if I know that I need to be extra mindful of my spending right before a big vacation, I may set a one-off budget for the three weeks leading up to the vacation.



Home screen display

I can create as many budgets as I want on Pennies, and my favorite part of reviewing these budgets is how they’re displayed on the Pennies home screen. Once I open the app, I see all my budgets stacked with how much money they have available FOR THAT DAY and, with a swipe, how much money they have available OVERALL. This feature makes it very clear when I am spending more than I should for that given day. But it also reminds me that with the money I have remaining in my budget overall, I may be able to make up overspending from one day later on in the budget. I mostly find myself doing this with food budgets.




Flexible budgeting

Pennies has this feature when you create a budget that allows you to enter how much of your budget is remaining. For example, I don’t want to spend more than $400 this month on food, eating out, and drinking out, so I create a one-off budget for $400 for the remainder of the month. However, I know I’ve definitely already spent $280 of that $400 and would like to account for previous spending. When I set up the budget, one of the questions Pennies will ask is, “How much do you have left in your budget?” This question may not always apply when creating a budget, but in the situation, I will put $120. This is a nice feature because it allows me to play catch up with myself while giving myself a chance to ‘make good’ with my budget.


While the app has many great features, I wanted to narrow this list to three. I enjoy the Pennies app and will continue using it for my day-to-day budgeting.

Are there any apps that you use to budget? Spill the tea below!

Written by Diarra Monet

Diarra is an experienced young writer who joins The Mogul Millennial excited to expand her repertoire in financial writing. She received her Bachelor of Science in Communication and Rhetorical Studies from Syracuse University where she focused on honing her writing and critical thinking skills. Originally from Dallas, TX, Diarra currently resides in New York City and takes great pride in stretching her dollars while not compromising quality purchases or her travels. In addition to traveling, Diarra enjoys various live performances, museum exhibits, and practicing film photography.