Actual Budget vs Bonsai

Actual Budget is an open-source, privacy-focused personal finance application based on envelope budgeting methodology. It operates as a local-first application with optional self-hosted sync across devices and end-to-end encryption. The app supports bank syncing via GoCardless (EU/UK) and SimpleFIN (US/Canada), transaction importing from QIF, OFX, QFX, and CSV formats.

Bonsai is a business management platform for freelancers and small businesses that combines proposals, contracts, invoicing, accounting, and tax preparation in one tool. It automates administrative workflows for independent professionals.