Web app
Skwad
Skwad is a privacy-first budgeting app that syncs transactions using bank email alerts or optional bank linking. It is designed for individuals and couples who want to track spending, budget with envelopes, and manage subscriptions without sharing banking credentials.
- Platform
- Web app
- Categories
- AI Analytics Assistant, AI Accounting Assistant
- Indexed
- 2024-04-07
About Skwad
What is Skwad
Skwad is a budgeting app that prioritizes privacy by allowing users to sync transactions without linking their bank accounts. It uses the bank's built-in email alerts to import transactions, avoiding the need to share passwords or use third-party aggregators. Alternatively, users can opt for bank linking through partners like Plaid or MX for convenience. Skwad offers features such as envelope budgeting, custom paycheck cycles, monthly spending recaps, multi-currency support, line item splits, and multi-platform access. It also includes a companion seat for couples to share budgets and bills in real-time.
Key features
Skwad provides zero-based envelope budgeting, allowing users to assign every dollar of income into envelopes with rollovers. It supports custom paycheck cycles to match actual pay dates, including bi-weekly or irregular schedules. Monthly spending recaps notify users of double charges, new or increasing subscriptions, and spending pattern changes. Multi-currency support enables tracking across borders with built-in conversion. Line item splits let users divide a single transaction across multiple categories. The app is available on multiple platforms with synced data. Skwad also scans for recurring subscriptions and alerts users to price changes, helping them cancel or request refunds.
Use cases
Skwad is suitable for individuals and couples who want to manage their finances without compromising privacy. It is particularly beneficial for users whose banks do not support Plaid connections, as they can rely on email scans. The app supports importing transactions from CSV, OFX, or QIF files, and can migrate from Mint exports. Users can track spending by category, view merchant-level breakdowns, and use custom reporting tools. The companion seat allows two users to share envelopes and work together on debt payoff, with separate logins for personalized views and notifications.
Pricing
Skwad offers a free trial, and users can apply the code WELCOME for 30% off the first year. The pricing page mentions a DIY Plan and a Link Plan, with ratings of 4.9/5 and 4.8/5 respectively. Specific pricing details are not provided in the content, but the app is available for subscription. The page also mentions that every plan includes a free companion seat for a second user.
Questions
Skwad FAQ
- What is Skwad?
- Skwad is an AI tool available as a web app in the AI Analytics Assistant, AI Accounting Assistant categories. Skwad is a privacy-first budgeting app that syncs transactions using bank email alerts or optional bank linking. It is designed for individuals and couples who want to track spending, budget with envelopes, and manage subscriptions without sharing banking credentials.
- What is Skwad used for?
- Skwad is filed under AI Analytics Assistant, AI Accounting Assistant in the AITOOLIST index. Skwad is a privacy-first budgeting app that syncs transactions using bank email alerts or optional bank linking. It is designed for individuals and couples who want to track spending, budget with envelopes, and manage subscriptions without sharing banking credentials.
- Is Skwad a web app, an extension or a native app?
- Skwad is a web app.
Listed in the AITOOLIST index since 2024-04-07.