Everydollar vs KMyMoney

Struggling to choose between Everydollar and KMyMoney? Both products offer unique advantages, making it a tough decision.

Everydollar is a Business & Commerce solution with tags like budgeting, expense-tracking, financial-goals.

It boasts features such as Budgeting, Spending tracking, Goal setting, Mobile app, Web app, Bank account integration, Bill reminders, Debt payoff tools, Reports, Sync across devices and pros including Simple, easy to use interface, Free version available, Helps track all spending, Good for beginners, Motivational tools and messaging, Syncs across devices, Can link to bank accounts, Flexible - can adjust budget anytime, Good customer support.

On the other hand, KMyMoney is a Business & Commerce product tagged with personal-finance, money-management, budgeting.

Its standout features include Double-entry bookkeeping, Scheduled transactions, Import transactions from CSV files, Online banking support, Investment tracking, Budgeting tools, Graphs and reports, and it shines with pros like Free and open source, Available on multiple platforms, Powerful features, Active development community, Supports many currencies and languages.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Everydollar

Everydollar

Everydollar is a budgeting app created by Dave Ramsey to help users manage their finances, track spending, create budgets, and achieve financial goals. It has a simple interface, is available on mobile and desktop, connects to bank accounts, and has paid and free versions.

Categories:
budgeting expense-tracking financial-goals

Everydollar Features

  1. Budgeting
  2. Spending tracking
  3. Goal setting
  4. Mobile app
  5. Web app
  6. Bank account integration
  7. Bill reminders
  8. Debt payoff tools
  9. Reports
  10. Sync across devices

Pricing

  • Freemium
  • Subscription-Based

Pros

Simple, easy to use interface

Free version available

Helps track all spending

Good for beginners

Motivational tools and messaging

Syncs across devices

Can link to bank accounts

Flexible - can adjust budget anytime

Good customer support

Cons

Limited customization in free version

No investment tracking

Fewer features than some competitors

Mobile app can be glitchy

Requires manual entry of transactions

No income or expense forecasting

Must pay to add additional budget categories


KMyMoney

KMyMoney

KMyMoney is an open-source personal finance manager software for Linux. It allows users to track bank accounts, stocks, budgets, and other financial accounts to help manage personal finances.

Categories:
personal-finance money-management budgeting

KMyMoney Features

  1. Double-entry bookkeeping
  2. Scheduled transactions
  3. Import transactions from CSV files
  4. Online banking support
  5. Investment tracking
  6. Budgeting tools
  7. Graphs and reports

Pricing

  • Open Source

Pros

Free and open source

Available on multiple platforms

Powerful features

Active development community

Supports many currencies and languages

Cons

Steep learning curve

Limited mobile app availability

Less user friendly than some alternatives

Lacks some advanced features of paid options