best budgeting tool for freelancers
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By 4.8 min readLast Updated: 21. March 2024

What is the best budgeting tool for freelancers?

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

When you as self employed freelancer runs your own Corporation, there are many hats to wear. Including also the economy hat.

The economic hat involves, among other things, setting a budget, reviewing the financial flow in the company and keeping track of documents and invoices.

To put one budget as an independent freelancer can seem prohibitive. But fortunately, there are many options when it comes to finance, accounting and budgeting.

That is why we have collected the best budget tools for freelancers, so that you can get off to the best possible start and create an overview of your finances.

Freelance budget – What is it?

If you haven't yet read our guide on how to set a 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 transport, travel, marketing etc.
  6. You can get started easily free templates for the freelance budget
  7. Here you will also find budget templates for establishment, operating and liquidity budgets
  8. It can be beneficial to have a financial buffer and to diversify your sources of income

If you want to read the whole post, you can find it here. And then let's dive into the list of contenders for the best budgeting tool for freelancers.

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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.

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List: 4 helpful tools for your budget

Excel and Google Sheets

Excel and Google Sheets are excellent tools for keeping an overview of your finances, making budgets, etc.

Both Excel and Google Sheets have various features that make it easy and clear to insert and correct 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 advantageously have several accounts in the same document, which makes it easy and clear to post and keep accounts.

Factofly

As a freelance agency, Factofly can help you to invoice as a private person through Factofly.

You thus save time on having to deal with the heavy, administrative burden that your work inevitably brings with it.

Furthermore, you only pay when you actually use Factofly. This means that your payment has already been deducted when you receive your money as a salary - easily and efficiently.

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

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

Dinner

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

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

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

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

With DineroPro you can e.g. also get access to external help for your accounts.

Spire

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

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

Spiir is an option for you who want a good overview of your finances in order to make sure that the budget is realistic and is adhered to.

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

create 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.

create free user

Get started with your freelance budget

If you would like to create an overview of your company's finances, a freelance budget is fundamental.

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

With all the hats you wear as an independent freelancer, the most important task is to make the financial overview as clear and affordable as possible.

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

The best budgeting tool for freelancers is of course a matter of taste. But when you find what suits you, it can help to strengthen your company's finances and give you the big financial overview, so that you can instead focus on what you do best.

best budgeting tool for freelancers
By 4.8 min readLast Updated: 21. March 2024

What is the best budgeting tool for freelancers?

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

When you as self employed freelancer runs your own Corporation, there are many hats to wear. Including also the economy hat.

The economic hat involves, among other things, setting a budget, reviewing the financial flow in the company and keeping track of documents and invoices.

To put one budget as an independent freelancer can seem prohibitive. But fortunately, there are many options when it comes to finance, accounting and budgeting.

That is why we have collected the best budget tools for freelancers, so that you can get off to the best possible start and create an overview of your finances.

Freelance budget – What is it?

If you haven't yet read our guide on how to set a 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 transport, travel, marketing etc.
  6. You can get started easily free templates for the freelance budget
  7. Here you will also find budget templates for establishment, operating and liquidity budgets
  8. It can be beneficial to have a financial buffer and to diversify your sources of income

If you want to read the whole post, you can find it here. And then let's dive into the list of contenders for the best budgeting tool for freelancers.

create 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.

create free user

List: 4 helpful tools for your budget

Excel and Google Sheets

Excel and Google Sheets are excellent tools for keeping an overview of your finances, making budgets, etc.

Both Excel and Google Sheets have various features that make it easy and clear to insert and correct 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 advantageously have several accounts in the same document, which makes it easy and clear to post and keep accounts.

Factofly

As a freelance agency, Factofly can help you to invoice as a private person through Factofly.

You thus save time on having to deal with the heavy, administrative burden that your work inevitably brings with it.

Furthermore, you only pay when you actually use Factofly. This means that your payment has already been deducted when you receive your money as a salary - easily and efficiently.

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

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

Dinner

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

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

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

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

With DineroPro you can e.g. also get access to external help for your accounts.

Spire

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

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

Spiir is an option for you who want a good overview of your finances in order to make sure that the budget is realistic and is adhered to.

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

create 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.

create free user

Get started with your freelance budget

If you would like to create an overview of your company's finances, a freelance budget is fundamental.

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

With all the hats you wear as an independent freelancer, the most important task is to make the financial overview as clear and affordable as possible.

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

The best budgeting tool for freelancers is of course a matter of taste. But when you find what suits you, it can help to strengthen your company's finances and give you the big financial overview, so that you can instead focus on what you do best.