# Balanced Budgets vs Magnate

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.

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

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

## The numbers

| Metric | Balanced Budgets | Magnate |
| --- | --- | --- |
| Price | Free | Free |
| Rating | — | **[5.0 (2 ratings)](https://appshunter.io/ios/app/magnate-budget-tracker/id1555724052/reviews)** |
| Number of ratings | — | **2** |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | Every 5 weeks | **Monthly** |
| Monetization | — | Free |
| Size | 2 MB | 8 MB |
| Requires iOS | **13.0** | 14.1 |
| Devices | iPhone, iPod | **iPhone, iPad, iPod** |
| Age rating | 4+ | 4+ |
| Developer | [Robert Kapiszka](https://appshunter.io/developer/1496564714) | [Velasco Franco Manuel](https://appshunter.io/developer/1555724054) |

## What reviewers say

### Balanced Budgets

[App page](https://appshunter.io/ios/app/balanced-budgets/id1496564715)

**Features:** macOS Compatibility

**In-app purchases:** none


### Magnate

[App page](https://appshunter.io/ios/app/magnate-budget-tracker/id1555724052)

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:** macOS Compatibility, Family Sharing

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Magnate Pro | $2.99 | one-time |


## Frequently asked 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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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*
