AI Insights · Timothy · April 2022
Top 5 Personal Finance Budgeting and Planning Apps in the US for Q1 2022
Explore the performance of the top personal finance apps in the United States during Q1 2022, including trends in downloads, revenue, and active users.
The first quarter of 2022 saw significant activity in the personal finance budgeting and planning app category on a unified platform in the United States. Here's a closer look at the performance of the top five apps: Rocket Money - Bills & Budgets, EveryDollar: Personal Budget, YNAB, Copilot: Track & Budget Money, and Mint: Budget & Expense Manager.
Rocket Money - Bills & Budgets experienced a notable start to the year with weekly revenue reaching approximately $132K by the end of February. Weekly downloads peaked at around 232K in the first week of January, gradually declining to about 86K by the end of March. Active users fluctuated, starting at over 1.1M and stabilizing at about 1.02M by the end of the quarter.
EveryDollar: Personal Budget saw a peak in weekly revenue at approximately $92K in mid-January, then settling to around $54K by the end of March. Downloads started strong at over 36K in late December but tapered off to about 17K in late March. The app maintained a steady user base with active users hovering around 311K throughout the quarter.
YNAB showed a significant increase in weekly revenue, hitting nearly $88K in early February. Weekly downloads remained relatively stable, with minor fluctuations, peaking at around 14K in late December and ending the quarter near 6.7K. Active users remained steady, ending the quarter with approximately 83K.
Copilot: Track & Budget Money had a varied quarter, with weekly revenue peaking at about $24K in early February. Downloads showed a declining trend from over 6K in early January to around 574 in late March. Active users remained relatively stable, ending the quarter with about 13K.
Mint: Budget & Expense Manager exhibited a strong performance in Q1 2022. Weekly revenue peaked at approximately $21K by the end of March. Downloads fluctuated, peaking at around 83K in late January and stabilizing at about 57K towards the end of the quarter. Active users showed minor fluctuations, ending the quarter with around 1.17M.
These insights are sourced from Sensor Tower, where you can find more detailed analytics and trends.
