Mint is a FREE budgeting tool owned by Intuit (the company behind QuickBooks) that takes many of the bookkeeping principles from their commercial software and applies them to personal finance.
Mint syncs with your bank, credit card, and investment accounts - allowing you to categorize your expenses into different buckets to give you an accurate picture of where your money is actually going.
With that data, Mint helps you create budgets to guide your future spending.
When you also consider the other useful features that are bundled in, such as credit score tracking and bill reminders, Mint presents a very easy to recommend (and did I mention free?) tool that is worth the time it takes to set up.
If you want to take your budgeting to the next level, the tool you need is You Need a Budget (or YNAB for short).
Whereas Mint presents more of a historical view of your finances, YNAB is all about budgeting proactively and assigning a role to money that you have coming in.
It’s an incredible tool for people who are trying to save for something big, pay down debt or student loans, or just really take their spending into their own hands.
There is a cost to YNAB ($11.99/mo. or $84/yr.), but they offer a free trial if you want to give it a whirl, and based on the experience of people I know who use it, YNAB will definitely pay for itself. (And as a bonus, in addition to webinars and classes offered directly by YNAB, there is a very active and supportive community of YNABers on Reddit.)