Budgeting Tool

Budgeting Tool Success Stories [2024]

Pat Walls

•

Updated: October 10th, 2024

Looking to take control of your finances while helping others do the same? Explore the potential of a budgeting tool business.

In straightforward terms, a budgeting tool helps individuals and families manage their finances, track spending, set savings goals, and make informed decisions about their money.

Through developing an intuitive app or software, you can offer a solution for users to effortlessly monitor where their money goes. Integrating features like expense categorization, alerts, and financial insights can turn budgeting into a streamlined, almost effortless task.

While creating such a tool requires dedication to both design and user experience, it's a fulfilling venture. You’ll be empowering people to achieve better financial health, which is increasingly valuable in today’s economy. If you’re passionate about finance and technology, this business idea is worth exploring.

In this list, you'll find real-world budgeting tool success stories and very profitable examples of starting a budgeting tool that makes money.

1. ClearCheckbook Money Management ($198K/year)

Brandon, the founder of ClearCheckbook, came up with the idea for the financial management tool while he was in college and couldn't find a solution that met his needs. He started with a tiny website that he sent screenshots of to his friends, and their positive response inspired him to turn it into the first version of ClearCheckbook. Through providing great customer service and focusing on organic search traffic, ClearCheckbook has grown to generate about $18,000 per month with continued year-over-year growth.

How much money it makes: $198K/year
How much did it cost to start: $15
How many people on the team: 1

I Launched A $16.5K/Month Budgeting App [With Just $15]

ClearCheckbook is a profitable financial management and budgeting tool, attracting customers who want to manage their finances effectively, and has achieved continued growth year over year, bringing in about $18,000USD per month.

Read this case study

Read by 3,050 founders