Budgeting software is a tool that helps individuals and businesses manage their finances by tracking income and expenses. It allows users to create budgets, set financial goals, and monitor spending patterns. Many budgeting software options offer features like expense categorization, reporting, and integration with bank accounts for real-time updates. These programs can be used on various devices, including computers and smartphones, making it easy to access financial information anytime. Popular examples of budgeting software include Mint, YNAB (You Need A Budget), and EveryDollar. By using budgeting software, users can gain better control over their financial situation and make informed decisions.