There’s an app for just about every aspect of money management, from budgeting and paying bills to blitzing debt. Here are five handy money tracking apps to get you started.
TrackMyGOALS – get serious about kicking financial goals with TrackMyGOALS, a free app that lets you set, plan, track and manage savings goals. It’s a great starting point for good money management.
TrackMySPEND – once you’ve established some goals, it’s time to take control of your spending. TrackMySPEND lets you record spending on the go, from regular groceries to a daily soy latte. It shows exactly what your money is being spent on, and that’s a great foundation for budgeting.
Goodbudget – this app works on the time-tested idea of dividing your cash into various spending envelopes – each for different expenses. Sure, it’s old-school but it’s very effective for controlling spending and sticking to a budget.
Acorns –Acorns makes saving and investing effortless. It automatically rounds up and invests the small change on debit card purchases, helping you take a step closer to achieving long term goals.
MoneySmart Financial Calculator – be fully informed when you make financial decisions. This app features a range of calculators that crunch the numbers on saving, loans, and interest-free deals.
Where else to look
Take a look at any apps offered by your bank. They should be free, and make it easy to manage your money anywhere, anytime.
Don’t overlook your super fund either. A number of industry funds have apps that enable you to check your super balance and manage investment options.
It’s all about making the most of every available tool to manage your money, and apps are a low-cost way to do this.