WealthMind — an offline budgeting app with envelopes, net worth and a FIRE plan
A full personal-finance ledger that never asks for your bank login — envelopes, net worth, bills and a FIRE date, all computed on the phone in your hand.
Why an offline budgeting app at all
Most budgeting apps begin by asking for your online banking credentials. That single step rules them out for a lot of people: it hands a third party a read-only window into every transaction you make, and it means the app stops working the moment the aggregator's connection to your bank breaks. WealthMind takes the opposite route. You enter what you spend, and every number on screen — envelope balances, net worth, the FIRE projection — is calculated from a database file that lives on your device. There is no account to create and nothing to sync.
That design decision shapes the whole app. Because there is no server, there is nothing to breach, and because there is no aggregator, the numbers never quietly go stale while a connection is being re-authorised.
What WealthMind actually does
It is built around six screens you will genuinely return to, rather than a long feature list you use once.
- Envelope budgeting with rollover. Money is assigned to named envelopes before it is spent, and what you do not use rolls into next month instead of vanishing. A ready to assign banner shows the cash that has not been given a job yet, and an over-budget alert fires when an envelope goes under — so you catch the overspend in the week it happens, not at month end.
- Net worth with an allocation view. Assets and debts are tracked together, with a donut showing how your money is split and an allocation health ring that flags a portfolio leaning too hard in one direction. A what-if simulator lets you see the effect of paying down a debt or adding to an asset before you commit.
- A FIRE calculator that uses your real numbers. The financial-independence screen runs on the same ledger as everything else, so the retirement projection reflects your actual spending rather than a figure you guessed on a website.
- Bills, with overdue and due-soon counts. Recurring bills sit in their own screen with a summary card on the dashboard; reminders are scheduled locally on the device. Auto-pay bills can be marked so they stop nagging you.
- Credit-card health. Utilisation is graded from Excellent down to High — may hurt credit score, per card, which is the single number most likely to move a credit rating and the one most budgeting apps leave out.
- A weekly review and a locked front door. A Sunday-evening report summarises the week, and App Lock can require a fingerprint, Face ID or a four-digit PIN before the app will open — worth having on a phone that holds your whole financial picture.
What makes it different
Three things separate WealthMind from the budgeting apps it competes with. First, it has no bank integration at all, by design — the entry cost is manual input, the payoff is that no third party ever sees your transactions. Second, backups are yours: an export is encrypted with a password you choose and derived with PBKDF2, so a backup file sitting in your cloud drive is useless to anyone without the passphrase. Third, the app keeps working with the plane in the air and the phone in flight mode; an offline banner appears, and nothing else changes.
Transactions can be categorised automatically by keyword, and you can write your own keyword rules when the defaults get something wrong, so the ledger stays tidy without becoming a data-entry chore.
Who it suits
It fits people who have tried a connected budgeting app and quietly stopped using it. If you are the household member who actually reconciles the numbers, envelope budgeting with rollover is the method that survives an irregular month — the December where three bills land together, or the month you get paid late.
It also suits anyone working towards a specific financial target rather than general tidiness: paying off a card, hitting a savings milestone, or working out how many years of current spending stand between you and financial independence. And it suits the privacy-minded: freelancers, contractors and anyone who simply does not want a fintech company holding a ledger of their life.
Privacy and your data
Everything you enter is stored in a local database on the phone. The app requests internet access for its ad banner and for checking connectivity; the ledger itself is never uploaded. Backups are produced only when you ask for one and are encrypted with your own password before they leave the app.
WealthMind is free and ad-supported, with an optional one-time Pro purchase that lifts the free-tier limits. It is a personal budgeting tool, not financial advice — the FIRE projection is arithmetic on the numbers you supply, not a forecast of markets.
Frequently asked questions
Does WealthMind connect to my bank? No. There is no bank integration and no aggregator anywhere in the app. You enter transactions yourself, and every figure is calculated on the device — which is why it never asks for banking credentials.
Does it work offline? Yes. Envelopes, net worth, bills and the FIRE calculator all run from a local database. An offline banner appears when the connection drops, but nothing stops working.
Can I move my data to a new phone? Yes. Backup & Restore writes an export encrypted with a password you set, using PBKDF2 key derivation. Restore it on the new device with the same password.
Is it free? Yes — free and ad-supported. An optional Pro purchase lifts the free-tier limits; core budgeting is not behind a paywall.
Which platforms is it on? Android, through Google Play. There is no iOS build at the moment.