Question 1

What is Borderless Budget?

Accepted Answer

Borderless Budget is a multi-currency budgeting app built for expats, digital nomads, and anyone managing money across borders. It connects your bank accounts in the US, Canada, and EU into one dashboard, handles multiple currencies natively, and uses AI to categorize transactions and generate budget recommendations.

Question 2

Is Borderless Budget available now?

Accepted Answer

Yes. Borderless Budget is live at app.borderlessbudget.com. Create an account, connect your banks, and start tracking your spending today.

Question 3

Who is Borderless Budget for?

Accepted Answer

Anyone who lives in more than one currency. That includes US expats in Europe, digital nomads working remotely across countries, international families managing household finances in multiple currencies, remote workers paid in one currency but living in another, and frequent travelers who want to track spending across trips. If you've ever struggled to budget because your money lives in two countries, we built this for you.

Question 4

Can I use it for business expenses?

Accepted Answer

While Borderless Budget is designed for personal finance, many freelancers use it to track their mixed personal and business expenses across currencies. We're considering dedicated business features for a future release.

Question 5

Is there a mobile app?

Accepted Answer

Borderless Budget is a web app optimized for both desktop and mobile browsers. Native iOS and Android apps are on our roadmap. The web app works great on your phone, just open it in your browser.

Question 6

What currencies do you support?

Accepted Answer

We support all major currencies including USD, EUR, GBP, CAD, AUD, CHF, JPY, SEK, NOK, DKK, PLN, CZK, HUF, THB, MXN, and many more. Exchange rates update daily from central bank sources.

Question 7

How does pricing work?

Accepted Answer

Start with a 30-day free trial with full access. A credit card is required to start your trial, but you won't be charged until it ends. After that, it's $10/month or $99/year with all features included: up to 10 connected accounts, unlimited custom categories, multi-currency budgeting, advanced reporting, priority support, and more. Pay annually and save about 17%.

Question 8

Is there a free trial?

Accepted Answer

Yes. You get 30 days of full access to all features, connect your bank accounts, try AI categorization, and set up multi-currency budgets. A credit card is required to start your trial, but you won't be charged until it ends.

Question 9

How much does multi-currency budgeting cost?

Accepted Answer

It ranges widely depending on the app. PocketSmith charges $9.99-$26.66/month for full multi-currency support. YNAB costs $14.99/month ($109/year) but doesn't actually support native multi-currency budgeting, it forces one base currency per budget. Borderless Budget offers full multi-currency budgeting at $10/month ($99/year) with all features included, plus a 30-day free trial to start.

Question 10

Is there a yearly discount?

Accepted Answer

Yes. Pay annually at $99/year ($8.25/month) instead of $10/month, saving about 17%. You can switch between monthly and annual billing anytime.

Question 11

Can I cancel anytime?

Accepted Answer

Yes. No contracts, no cancellation fees. Cancel and you keep access through the end of your billing period. Your data stays safe after downgrading, nothing gets deleted.

Question 12

Which banks are supported?

Accepted Answer

We support major banks in the US, Canada, and EU through secure, regulated connections. We're continuously adding support for more banks and regions.

Question 13

How do exchange rates work?

Accepted Answer

Exchange rates update daily from central bank sources. Transactions from foreign accounts are automatically converted to your home currency for your budget totals. You can toggle any transaction to see the original amount in the currency it was spent in.

Question 14

What is automatic categorization?

Accepted Answer

When new transactions come in from your connected accounts, our AI automatically assigns them to the right spending category. A charge from Carrefour goes to Groceries. A Spotify payment goes to Subscriptions. It works across currencies and languages, so a transaction from a Spanish supermarket gets categorized just as accurately as one from a US store. You can always recategorize manually, and the AI learns from your corrections.

Question 15

How do budget recommendations work?

Accepted Answer

After you've connected your accounts and we have a few weeks of spending history, we analyze your patterns and suggest budget amounts for each category. You choose a savings goal, aggressive, moderate, or maintain current spending, and we generate a budget. You can adjust any amount and regenerate as often as you like.

Question 16

How does budgeting work with multiple currencies?

Accepted Answer

All your budget categories are set in your home currency, one clear number per category. Transactions from foreign accounts are automatically converted using daily exchange rates. On any transaction, you can toggle between your home currency amount and the original currency it was spent in. So your budget stays simple and stable, but you never lose sight of what you actually paid locally.

Question 17

Can I export my data?

Accepted Answer

Yes. CSV export is included so you can download your transactions, budgets, and spending reports at any time. Your data belongs to you.

Question 18

Is my financial data secure?

Accepted Answer

Yes. We use AES-256 encryption and never store your banking credentials. We connect through secure, regulated providers authorized by financial regulators. Your login credentials go directly to your bank. We only receive read-only access to your transaction data.

Question 19

Do you sell my data?

Accepted Answer

No. We will never sell your financial data to anyone. Your data is used only to power your budgeting experience. Period.

Question 20

What happens to my data if I cancel?

Accepted Answer

If you cancel your paid plan, you keep access through the end of your billing period. Your data stays intact. If you delete your account entirely, we remove all your personal and financial data from our systems within 30 days, in accordance with GDPR requirements.

Question 21

Are you GDPR compliant?

Accepted Answer

Yes. We're built with GDPR compliance from day one. You can access, export, or delete your data at any time. We process the minimum data necessary to provide the service. Our banking providers are also fully GDPR compliant.

Question 22

Can YNAB handle multiple currencies?

Accepted Answer

YNAB connects to European banks, which is a useful step forward. However, it forces a single base currency per budget with no way to see what you actually paid in the original currency. Borderless Budget also uses a home currency for budgets, but lets you toggle any transaction to see the original amount. That difference matters when you're staring at a converted charge and wondering what you actually paid at the restaurant in Barcelona.

Question 23

What is the best budgeting app for expats?

Accepted Answer

It depends on your needs. For multi-currency budgeting with international bank connections, Borderless Budget is purpose-built for expats and offers the most complete solution at the lowest price. For US-only budgeting with a proven methodology, YNAB is excellent. For power users who want deep forecasting and don't mind paying $10-27/month, PocketSmith has strong multi-currency features. Monarch Money is great for US-based couples but doesn't support international banks or multiple currencies.

Question 24

Is there a budgeting app that supports European banks?

Accepted Answer

Yes, several do. YNAB supports European banks in 18+ markets, though it lacks native multi-currency budgeting. PocketSmith connects to European banks via Yodlee. Borderless Budget supports banks in the US, Canada, and EU through secure, regulated connections. Most US-focused apps like Monarch Money and Copilot do not support European banks at all.

Question 25

Do budgeting apps work in Europe?

Accepted Answer

Most US-focused budgeting apps don't connect to European banks. Monarch Money, Copilot, and RocketMoney are US-only. YNAB now connects to European banks but doesn't handle multiple currencies natively. PocketSmith and Borderless Budget both support European banks and multi-currency budgeting. If you live in Europe and manage money in more than one currency, Borderless Budget is the most affordable option with full multi-currency support.

Question 26

How is Borderless Budget different from PocketSmith?

Accepted Answer

PocketSmith has solid multi-currency features, but its full capabilities require the Flourish ($16.66/mo) or Fortune ($26.66/mo) plans. Borderless Budget offers comparable multi-currency budgeting at $10/mo ($99/yr) with all features included. We also include automatic transaction categorization and budget recommendations, which PocketSmith doesn't offer. Both apps connect to international banks.

Question 27

How is Borderless Budget different from YNAB?

Accepted Answer

YNAB is a great budgeting app with a proven methodology, but it forces one base currency per budget with no original currency visibility. If you live in Spain and have accounts in USD and EUR, YNAB converts everything and you lose sight of what you actually paid. Borderless Budget also budgets in your home currency, but you can toggle any transaction to see the original amount. We connect to international banks across the US, Canada, and EU, with automatic categorization that works across currencies and languages, and budget recommendations based on your spending.

Question 28

What budgeting app works internationally?

Accepted Answer

For true international budgeting with bank connections across multiple countries, your main options are Borderless Budget (US, Canada, EU, $10/mo or $99/yr), PocketSmith (similar coverage, from $9.95/mo), and YNAB (US, EU, UK, $14.99/mo, but single currency only). Borderless Budget is the only one built specifically for people who live across borders, and offers a 30-day free trial to try everything.

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