# BudgetIQ vs Penni

The clearest difference is ratings volume: BudgetIQ at 4 against Penni's 1. Penni's advantage is iOS requirement (18.0 vs 26.0). On price, rating, update cadence and ads there is nothing between them.

Both are free to download. BudgetIQ sells 2 in-app purchases, starting at $2.99 per month and Penni sells 3 in-app purchases, starting at $3.99 per month. Whichever you choose, the download price is not the number that matters.

On the App Store both sit at effectively the same score — 5.0 for BudgetIQ against 5.0 for Penni. Both are backed by a comparable volume of ratings — 4 and 1 respectively.

Both ship on a similar rhythm, roughly every 4 days. The most recent releases landed on November 6, 2026 and November 7, 2026 respectively.

## The numbers

| Metric | BudgetIQ | Penni |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [5.0 (4 ratings)](https://appshunter.io/ios/app/budgetiq-budget-tracker/id6789143554/reviews) | [5.0 (1 ratings)](https://appshunter.io/ios/app/penni-expense-tracker/id6789282109/reviews) |
| Number of ratings | **4** | 1 |
| Positive reviews | — | 100.0% of reviews |
| In-app purchases | Yes | Yes |
| Ads | No | No |
| Update frequency | Every 4 days | Every 4 days |
| Monetization | Freemium | Freemium |
| Size | 56 MB | 59 MB |
| Requires iOS | 26.0 | **18.0** |
| Devices | iPhone | iPhone |
| Age rating | 4+ | 12+ |
| Developer | [Karim Abdallah](https://appshunter.io/developer/1846410930) | [OTHMANE MDIDET](https://appshunter.io/developer/1837087586) |

## What reviewers say

### BudgetIQ

[App page](https://appshunter.io/ios/app/budgetiq-budget-tracker/id6789143554)

This app simplifies financial management by helping you track income and expenses. Gain insights into your spending habits with beautiful charts and analytics to achieve your financial goals.

**Highlights:** Track income and expenses, Customizable spending categories, Weekly, monthly, and yearly financial insights, Spending trend analysis, Visual charts and graphs, Build spending streaks, Quick access widgets

**Features:** iPhone Duo support

**In-app purchases (2)**

| Purchase | Price | Billing |
| --- | --- | --- |
| BudgetIQ Pro | $2.99 | per month |
| BudgetIQ Pro Yearly | $24.99 | per year |


### Penni

[App page](https://appshunter.io/ios/app/penni-expense-tracker/id6789282109)

Manage your finances with a calm, beautifully simple approach. Track spending, set gentle budgets, and grow savings without spreadsheets or account creation. Your data stays private on your device and synced via iCloud.

**Highlights:** Private by design, no sign-up required, Track expenses and income, Set gentle budgets, Manage savings goals, Financial health score, Home and Lock Screen widgets, iCloud sync and backup

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Monthly | $3.99 | per month |
| 3 Months | $9.99 | per 3 months |
| Yearly | $29.99 | per year |


## Frequently asked questions

### Is BudgetIQ free?

BudgetIQ is free to download, with in-app purchases available.

### Is Penni free?

Penni is free to download, with in-app purchases available.

### Which has better reviews, BudgetIQ or Penni?

BudgetIQ and Penni are both rated 5.0 out of 5 on the App Store, from 4 and 1 ratings respectively.

### Do BudgetIQ or Penni have ads?

Neither BudgetIQ nor Penni shows ads.

### Which is updated more often, BudgetIQ or Penni?

BudgetIQ ships an update every 4 days, and Penni every 4 days. Most recently, BudgetIQ was updated on November 6, 2026 and Penni on November 7, 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.*