MyGood vs Goodbudget: Envelopes or Paychecks?
See your own safe-to-spend number Free paycheck budget, set up in 60 seconds →Short answer: Goodbudget is a digital envelope budget. You fill envelopes when you're paid and spend out of them, and a couple can share one budget across devices. MyGood budgets by paycheck: it assigns each bill to the paycheck that pays it and tells you how much you can spend per day until payday. Both have a free plan with no bank login. Pick Goodbudget if you think in envelopes; pick MyGood if you want one number for today.
MyGood vs Goodbudget at a glance
| MyGood | Goodbudget | |
|---|---|---|
| Free plan | Yes, no time limit | Yes, free forever |
| Paid price | $9.99/month | $10/month or $80/year |
| Budgets by | Paycheck | Envelope |
| Daily safe-to-spend | Yes | No |
| Free plan limits | None on budgeting | 20 envelopes, 1 account, 2 devices, 1 year of history |
| Bank login needed | No | No |
| Bank sync | Optional on Pro | Premium, US banks only |
| Debt tracking | Debt snowball, free | Yes, free |
| Sharing with a partner | Shared budgets on Pro | Shared envelopes, free on 2 devices |
Where Goodbudget is the better pick
- You already budget with cash envelopes. Goodbudget is that system on your phone, with the same habits: fill on payday, spend from the envelope, stop when it's empty.
- Two of you share the budget for free. The free plan syncs between two devices, so a couple can both log spending without paying.
- You want long history. Premium keeps seven years.
Where MyGood is the better pick
- Bills don't line up with paydays. MyGood puts each bill on the paycheck that arrives before it's due, so you see a short paycheck before you reach it. With envelopes you work that out yourself.
- You want to know what you can spend today. MyGood divides what's left by the days until payday. Goodbudget shows what's left in each envelope, not a daily figure.
- You'd outgrow 20 envelopes. MyGood's free plan doesn't cap categories.
Biweekly pay
Both work with biweekly pay. In Goodbudget you refill envelopes each payday, and three-paycheck months are something you plan for by hand. MyGood plans each paycheck separately, so a third paycheck shows up as its own check with only the bills due in its pay period, and the rest is free to spend or save. More apps for biweekly pay.
Know what you can spend today.
Free paycheck budget, set up in 60 seconds. No credit card, no bank login.
Try MyGood free → Or try the safe-to-spend calculator first, no sign-up.Frequently asked questions
How much does Goodbudget cost?
Goodbudget has a free plan and a Premium plan at $10 a month or $80 a year (checked October 2026). Premium adds bank sync for US banks, unlimited envelopes and accounts, five devices and seven years of history.
What are the limits of the free Goodbudget plan?
The free plan allows 20 envelopes (10 regular and 10 more), one account, two devices and one year of history. It includes debt tracking.
Is MyGood an envelope budget like Goodbudget?
Not quite. MyGood budgets by paycheck: it assigns each bill to the paycheck that pays it and shows how much you can safely spend per day until payday. Goodbudget splits money into envelopes you fill each payday.
Do MyGood and Goodbudget need my bank login?
No. Both work with manual entry. Bank sync is a paid add-on in each: Goodbudget Premium for US banks, and MyGood Pro through Plaid.
Which is better for couples, MyGood or Goodbudget?
Goodbudget, if you want to share for free: its free plan syncs one budget across two devices. MyGood shares budgets between partners on Pro.