Comparison

Balanced Budgets vs Magnate

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Balanced Budgets

Features
Read full description

Balanced Budget is tool used to take control of your budgets with just a few taps. Easily create and modify budgets to keep track of all your various income and expenses in a simple, intuitive fashion. Key features of the app include: * Full Dark Mode support (for devices running iOS 13 and later). * Create, edit, and remove as many budgets as you like without spending a single cent. * Re-order budgets and financial entries. * Support for multiple languages.

About

Magnate

This app helps you manage your finances with detailed tracking of spending and savings. It offers features like recurring entries, past data analysis, future projections, and customizable budget goals. Prioritizes user privacy with local data storage and biometric security.

Highlights
  • Detailed expense and income logging
  • Recurring entry scheduling with notifications
  • Past financial data analysis
  • Future financial projections
  • Customizable budget goals
  • Biometric security (Face/Touch ID)
  • CSV and calendar export
Features
Read full description

Meet Magnate. The Personal Budget Tracker to Help You Manage Money Like a Magnate. Manage your money like a Magnate with tools that let you see beyond your savings or spending today. Designed with simplicity and power in mind, Magnate was made for anyone and everyone. NO DEVIL IN THE DETAILS Magnate is designed to support detailed personal budget entries. Enter a name, the amount, label it with a tag, segregate it with a profile, tack on a note for remembrance, add a photo for the memory, change the date to cover for an entry forgotten, even add your own location to always remember that place you first bought that favorite meal of yours — Magnate can handle logging your spending or savings with that, no sweat. REMEMBER TO REPEAT (PRO) Entries can be set to recur over a specified interval -- Magnate will send you a notification to let you know once it's time to add that entry. Act on it directly from the lock screen -- add it directly, change some of its details, or choose to ignore that cycle's addition. The period can also be reset on a specified interval, allowing your budget to reset every so often without you having to worry about it. PEEK INTO THE PAST (PRO) Report runs through your past data and personal entries, allowing you to glance at how your personal budget has been in the past week, or month, or year. View your entries compiled under its corresponding tag or profile, letting to see where most of your earnings are from, or where most of your expenses belong to. FOCUS ON THE FUTURE (PRO) Report also forecasts where your earnings or expenses might end up, all from your data. See a graph which shows where your personal budget might end up at by the end of the week, or the end of the month. Customize your projections by choosing a custom date on which you want your forecast to show, or input a custom amount of earnings, expenses, or net money to see when Magnate thinks you'll be able to achieve them. TARGET WITH ACCURACY Set a budget target with Goals! Hit a target amount of earnings or net money to let you save up for that dream gadget of yours, or limit your expenses within a time period to let you reduce the amount of money you're spending on food -- Magnate gives you the power. If you didn't set a date for when you want to hit your goal, Magnate does the math to let you see when it thinks you'll be able to achieve your goal, letting you adjust your habits accordingly. A PREMIUM ON PERSONAL PRIVACY Magnate does not send your data to some server without your consent. None. Nada. Face / Touch ID is supported too so that you can lock it with credentials only you have, for additional peace of mind with your personal budget. SHARE TO THE WORLD (PRO) You can export your budget entries into a CSV file — for the spreadsheet nerd in you — or into your own calendar on your iOS device — for the planner junkie in you. Share your entries to the world to your heart’s content. MANAGE ON YOUR HOME SCREEN... View your budget right from the home screen using Widgets! Pick from 8 beautiful widgets that let you see your budget and some of your goals. ...AND OTHER APPS... Magnate has support for Siri Shortcuts, letting you interact with all the other apps on your phone in the shortcuts and automations your imagination can come up with! Want to add an entry once you sent money to your friend on Apple Pay? You can now do it automatically! ...AND EVERYWHERE YOU GO! Magnate will sync your data with iCloud, letting you access your entire budget easily wherever you may be. Log those coffees you bought in the store with your iPhone, then view how that affected your charts in Report on your iPad -- Magnate does the data magic for you. MUCH MORE IN STORE! New features are always in the works, ensuring that Magnate will only get better over time! Managing your own money shouldn't be hard -- let Magnate do the work for you. Manage Your Own Money like a Magnate Today, with Magnate!

Screenshots

Balanced Budgets3 screens
Magnate4 screens

Verdict

The call

The clearest difference is in-app purchases: Balanced Budgets at none against Magnate's 1. On price, update cadence, ads and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Magnate sells 1 one-off in-app purchase. Balanced Budgets asks for nothing beyond the download.

UpkeepUpdate frequency

Balanced Budgets ships an update every 5 weeks, Magnate monthly. The most recent releases landed on October 25, 2026 and October 21, 2026 respectively.

Scorecard1 real difference · 8 level
Balanced Budgets versus Magnate: the parameters behind the verdict, then further details
ParameterBalanced BudgetsMagnate
PriceFreeFree
Rating—5.0 (2 ratings) — better
Number of ratings—2 — better
Update frequencyEvery 5 weeksMonthly — better
AdsNoNo
In-app purchasesNo — betterYes
Monetization—Free
DevicesiPhone, iPodiPhone, iPad, iPod — better
Requires iOS13.0 — better14.1
Further details — not scored
Size2 MB8 MB
Age rating4+4+
DeveloperRobert KapiszkaVelasco Franco Manuel

In-app purchases

None

Balanced Budgets

No in-app purchases

1 purchases

Magnate

One-time1
  • Magnate Pro$2.99

Questions

Is Balanced Budgets free?
Balanced Budgets is free to download, with no in-app purchases.
Is Magnate free?
Magnate is free to download, with in-app purchases available.
Do Balanced Budgets or Magnate have ads?
Neither Balanced Budgets nor Magnate shows ads.
Which is updated more often, Balanced Budgets or Magnate?
Balanced Budgets ships an update every 5 weeks, and Magnate monthly. Most recently, Balanced Budgets was updated on October 25, 2026 and Magnate on October 21, 2026.

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