By 5 min read Last Updated: March 21, 2024
Best budget tool for freelancers
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What is the best budget tool for freelancers?

Get an overview of powerful online tools for budget and financial management

When you run your own business as an independent freelancer businessthere are many hats to wear. Including the financial hat.

The finance hat includes creating a budget, reviewing the financial flow of the company and keeping track of receipts and invoices.

Creating a budget as a self-employed freelancer can seem overwhelming. Fortunately, there are many options when it comes to finances, accounting and budgeting.

That's why we've gathered the best budget tools for freelancers to help you get started and manage your finances.

Freelance budget - What is it?

If you haven't yet read our guide on how to budget as a freelancer, here's a quick overview.

  1. A budget gives you an overview of income and expenses
  2. Revenue is what comes into the company's account each month
  3. Expenses are divided into fixed and variable expenses
  4. Fixed expenses can be rent, telephone, internet, tax and VAT etc.
  5. Variable expenses can be transportation, travel, marketing, etc.
  6. Get started easily with free freelance budget templates
  7. Here you'll also find budget templates for startup, operational and cash flow budgets
  8. It can be beneficial to have a financial buffer and to diversify your income sources

If you want to read the full post, you can find it here. And now let's dive into the list of candidates for the best budget tool for freelancers.

Start free user

An easier freelance life with Factofly

Be a freelancer without hassle and get paid without your own CVR number with Factofly. We help almost 9,000 others with an everyday life without administration.

Start free user

List: 4 helpful tools for your budget

Excel and Google Sheets

Excel and Google Sheets are excellent tools for keeping track of your finances, creating budgets and more.

Both Excel and Google Sheets have various features that make it easy to add and edit your budget and quickly add or subtract amounts.

If you work with others, you can easily convert your Excel file to Google Sheets where you can share the sheet.

Conversely, you can also easily convert your online Google Sheet to an Excel file on your computer. You can benefit from having multiple accounts in the same document, making bookkeeping and accounting easy and manageable.

Factofly

As a freelance agency, Factofly can help you with invoice as a private individual through Factofly.

This saves you time dealing with the heavy administrative burden that your work inevitably brings.

Plus, you only pay when you actually use Factofly. This means that your payment is already deducted when you receive your money as salary - easy and efficient.

If you use Factofly, you simply create a task with the necessary information and then send an invoice to your customer. Then you can sit back without worrying about accounting and watch the money tick into your account.

Once the invoice is sent, you'll receive your money the same day and often within hours, making your finances more stable.

Dinero

Dinero is for you with your own CVR number, where you need a functional accounting program.

Dinero is an online accounting program with a free version available where you have the tools you need to create an overview of your finances.

Here you can quickly create new customers and send invoices. You can also send invoices directly from your phone.

Manage invoicing and bookkeeping with Dinero, giving you a clear overview of your finances. Get access to easy payment of VAT, taxes and much more through DineroPro.

For example, with DineroPro you can also access external help with your accounting.

Spiir

Spiir is a free app where you can get an overview of your budget and disposable income on the go.

You can add your different bank accounts, from which Spiir gives you insight into your finances and automatically categorizes the different expense items for you.

Spiir is an option for those who want a good overview of their finances to make sure the budget is realistic and adhered to.

This will make it easier for you to make the most appropriate decisions for your finances or to cut back where necessary.

Start free user

An easier freelance life with Factofly

Be a freelancer without hassle and get paid without your own CVR number with Factofly. We help almost 9,000 others with an everyday life without administration.

Start free user

Getting started with your freelance budget

If you want to get an overview of your business finances, a freelance budget is fundamental.

Income, fixed and variable expenses, invoices, receipts, vouchers and much more become more manageable with a budget and create a stable and predictable economy.

With all the hats you wear as a self-employed freelancer, the most important task is to make financial oversight as clear and manageable as possible.

Fortunately, as mentioned, there are many free budget templates, tools, programs and apps for this.

Of course, the best budget tool for freelancers is a matter of taste. But when you find the one that's right for you, it can help strengthen your business finances and give you the big picture so you can focus on what you do best.

By 4.8 min read Last Updated: March 21, 2024
Best budget tool for freelancers

What is the best budget tool for freelancers?

Get an overview of powerful online tools for budget and financial management

When you run your own business as an independent freelancer businessthere are many hats to wear. Including the financial hat.

The finance hat includes creating a budget, reviewing the financial flow of the company and keeping track of receipts and invoices.

Creating a budget as a self-employed freelancer can seem overwhelming. Fortunately, there are many options when it comes to finances, accounting and budgeting.

That's why we've gathered the best budget tools for freelancers to help you get started and manage your finances.

Freelance budget - What is it?

If you haven't yet read our guide on how to budget as a freelancer, here's a quick overview.

  1. A budget gives you an overview of income and expenses
  2. Revenue is what comes into the company's account each month
  3. Expenses are divided into fixed and variable expenses
  4. Fixed expenses can be rent, telephone, internet, tax and VAT etc.
  5. Variable expenses can be transportation, travel, marketing, etc.
  6. Get started easily with free freelance budget templates
  7. Here you'll also find budget templates for startup, operational and cash flow budgets
  8. It can be beneficial to have a financial buffer and to diversify your income sources

If you want to read the full post, you can find it here. And now let's dive into the list of candidates for the best budget tool for freelancers.

Start free user

An easier freelance life with Factofly

Be a freelancer without hassle and get paid without your own CVR number with Factofly. We help almost 9,000 others with an everyday life without administration.

Start free user

List: 4 helpful tools for your budget

Excel and Google Sheets

Excel and Google Sheets are excellent tools for keeping track of your finances, creating budgets and more.

Both Excel and Google Sheets have various features that make it easy to add and edit your budget and quickly add or subtract amounts.

If you work with others, you can easily convert your Excel file to Google Sheets where you can share the sheet.

Conversely, you can also easily convert your online Google Sheet to an Excel file on your computer. You can benefit from having multiple accounts in the same document, making bookkeeping and accounting easy and manageable.

Factofly

As a freelance agency, Factofly can help you with invoice as a private individual through Factofly.

This saves you time dealing with the heavy administrative burden that your work inevitably brings.

Plus, you only pay when you actually use Factofly. This means that your payment is already deducted when you receive your money as salary - easy and efficient.

If you use Factofly, you simply create a task with the necessary information and then send an invoice to your customer. Then you can sit back without worrying about accounting and watch the money tick into your account.

Once the invoice is sent, you'll receive your money the same day and often within hours, making your finances more stable.

Dinero

Dinero is for you with your own CVR number, where you need a functional accounting program.

Dinero is an online accounting program with a free version available where you have the tools you need to create an overview of your finances.

Here you can quickly create new customers and send invoices. You can also send invoices directly from your phone.

Manage invoicing and bookkeeping with Dinero, giving you a clear overview of your finances. Get access to easy payment of VAT, taxes and much more through DineroPro.

For example, with DineroPro you can also access external help with your accounting.

Spiir

Spiir is a free app where you can get an overview of your budget and disposable income on the go.

You can add your different bank accounts, from which Spiir gives you insight into your finances and automatically categorizes the different expense items for you.

Spiir is an option for those who want a good overview of their finances to make sure the budget is realistic and adhered to.

This will make it easier for you to make the most appropriate decisions for your finances or to cut back where necessary.

Start free user

An easier freelance life with Factofly

Be a freelancer without hassle and get paid without your own CVR number with Factofly. We help almost 9,000 others with an everyday life without administration.

Start free user

Getting started with your freelance budget

If you want to get an overview of your business finances, a freelance budget is fundamental.

Income, fixed and variable expenses, invoices, receipts, vouchers and much more become more manageable with a budget and create a stable and predictable economy.

With all the hats you wear as a self-employed freelancer, the most important task is to make financial oversight as clear and manageable as possible.

Fortunately, as mentioned, there are many free budget templates, tools, programs and apps for this.

Of course, the best budget tool for freelancers is a matter of taste. But when you find the one that's right for you, it can help strengthen your business finances and give you the big picture so you can focus on what you do best.