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Personal Finance · head to head

EveryDollar vs Moneydance

EveryDollar logo

EveryDollar

Personal Finance

Budget every dollar, build wealth faster

From
Free
Rated
-
Full reviewWebsite
Moneydance logo

Moneydance

Personal Finance

Cross-platform personal finance management

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only EveryDollar has a free tier, so it costs nothing to try first.
  • Each has a real cost: EveryDollar the free version has no bank connection, so every transaction is entered by hand; Moneydance the free trial is limited to 100 manually entered transactions
  • They diverge on capability: EveryDollar covers Zero-based budgeting, Moneydance covers Bill tracking.

Where they differ

Only the attributes on which EveryDollar and Moneydance actually diverge.

Attributes where EveryDollar and Moneydance differ
AttributeEveryDollarMoneydance
Starting priceFreeOn request
Pricing modelfreemiumone-time
Free tierYesNo
PlatformsWeb, IOS, AndroidWindows, Mac, Linux, IOS, Android
Founded20142001

Identical on both: user rating (Not yet rated), category (Personal Finance).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in EveryDollar

  • Zero-based budgeting
  • Transaction tracking
  • Budget planning
  • Financial insights
  • Web support

Only in Moneydance

  • Bill tracking
  • Investment monitoring
  • Budget tracking
  • Financial forecasting
  • Investment accounts
  • OFX import
  • Windows support
  • Mac support

Both cover

  • Bank accounts
  • IOS support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

EveryDollar

  • Zero based monthly budgeting using the Ramsey methodnot Moneydance
  • Tracking bills and sinking funds by categorynot Moneydance
  • Automatically importing bank transactions into a budget on Premiumnot Moneydance

Moneydance

  • Desktop personal finance management on macOS, Windows and Linuxnot EveryDollar
  • Importing and reconciling bank and credit card transactions locallynot EveryDollar
  • Tracking investments and budgets without a cloud-only servicenot EveryDollar

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

EveryDollar

  • The free version has no bank connection, so every transaction is entered by hand
  • CSV export of budget data is Premium only
  • Spending reports and historical comparisons are Premium only
  • Premium costs $17.99 per month billed monthly, and the $6.67 headline rate requires paying $79.99 for a year up front
  • The free trial lasts 14 days and is limited to new users

Moneydance

  • The free trial is limited to 100 manually entered transactions
  • A one-time Buy Once purchase covers Moneydance 2024 plus one free upgrade to the next major release, not all future versions
  • Bank connection features are sold separately as the Moneydance Plus subscription rather than included in the one-time purchase
  • Business use requires one licence per computer, while the household licence covers personal use only

Pricing, plan by plan

EveryDollar

Free
  • FreeFree
    • Manual budget entry
  • Plus$14.99/month
    • Bank sync
    • Mobile app
    • Transaction tracking

Moneydance

On request
  • Perpetual License$59.99/month
    • Full feature set
    • Free updates

Which should you pick?

Choose EveryDollar if

  • You need zero-based budgeting.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want transaction tracking.
EveryDollar review

Choose Moneydance if

  • You need bill tracking.
  • You work on Windows, Mac, Linux, IOS, Android.
  • You also want investment monitoring.
Moneydance review

Questions people ask

Is EveryDollar or Moneydance better?
Neither clearly leads. EveryDollar starts at Free and Moneydance at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, EveryDollar or Moneydance?
EveryDollar has a free tier; the other does not. Paid plans start at Free for EveryDollar and On request for Moneydance.
Does EveryDollar or Moneydance run on more platforms?
EveryDollar runs on Web, IOS, Android. Moneydance runs on Windows, Mac, Linux, IOS, Android.
Can I use EveryDollar for free?
Yes. EveryDollar has a free tier, so you can try it without paying. Moneydance starts at On request.
What is EveryDollar best used for?
EveryDollar is most often used for zero based monthly budgeting using the ramsey method, tracking bills and sinking funds by category, automatically importing bank transactions into a budget on premium. Of those, zero based monthly budgeting using the ramsey method and tracking bills and sinking funds by category are not what Moneydance is typically brought in for.
What can EveryDollar do that Moneydance cannot?
EveryDollar covers Zero-based budgeting, Transaction tracking, Budget planning, Financial insights. Moneydance covers Bill tracking, Investment monitoring, Budget tracking, Financial forecasting. Both handle Bank accounts, IOS support, Android support.
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