The simplest way to plan your year
Red Penny was built to make financial planning easier than ever before. Provide a budget duration, set a savings goal, plug in your finances, and voila! You've got a plan to finally buy that house or go on that dream vacation. Try it now for free!
Easy To Use
Enjoy easy onboarding, simple forms, helpful charts and user guides.
Intuitive Design
We know money is hard. That's why RedPenny is simple to understand and fun to use.
Mobile First
Forget spreadsheets and notebooks. Have your plan ready in your pocket wherever you go.
User Obsessed
We're always listening for your feedback. Share your thoughts with us through the support link in the RedPenny app.
Know where your money is going
We've built RedPenny for anyone that doesn't understand how their money works. We've made it so simple, that it takes less than an hour of your time to see what's really happening with your finances.
How much do I make? How much do I spend? What's left over?
It's so simple, you're going to wonder why you never started.
The best features for what you need
We asked a lot of our budgeters what was most important to them and that's exactly what we've built:
- User Onboarding: We help first time budgeters learn the ropes.
- Check-in reminders: Periodic alerts to make sure you're on track with your savings goals.
- Savings calculator: We automatically calculate how much you can save at the cadence you want.
- Flexible budget terms: Budget up to a 12 month period to reach your savings goals.
Early Users Love RedPenny
We think that you will too.
A lot of info goes into calculating finances; more than I thought. I was surprised by all the suggested fields.
I learned how much more I could save by adjusting my expenses and how I could adjust spending in those areas to do this.
I need to be aggressive with my credit card payment to reduce my expenses
I did’t know how much was taken out of my paycheck for 401k and HSA
Easy to get started right away!
I have more money to save than I originally thought.
Frequently Asked Questions
How much does it cost?
RedPenny budgeting is free!
Is there an app for Android?
Bear with us! The Android version is currently in development. Sign up for our newletter below to get the latest product updates.
Will I lose my data if I change my phone?
No, your data is safe on our servers. All you have to do is install the RedPenny app on your new phone, sign in to your account and you're good to go.
Is my data safe?
We take data security very seriously. All user data is stored on encrypted disks and secured using Google's robust authentication solutions.
Can I track my monthly expenses?
We've built the best annual financial planner there is. Unfortunately, it doesn't work as a monthly expense tracker at this time. If this is a feature you would like added, let us know via the support link in the RedPenny app.
Can I connect my bank account?
Not at this time. Our research shows that it's best to understand your finances and set a savings goals before tracking your expenses. If this is a feature you would like added, let us know via the support link in the RedPenny app.
I have some extra money saved up. What should I invest in?
Unfortunately, we are not financial advisors or investment professionals. The law says that we cannot give you any investment advice.
Master your finances with RedPenny
Take the first step on your journey to financial freedom. Try it today for free.
Get the latest updates
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