With the increasing popularity of smartphones and mobile devices, it has never been easier to keep track of your household budget. There are many apps available on the market to help you keep track of your incomings and expenses and help you achieve your savings targets.
- Banking apps
Most national banks and building societies now offer their own apps and these are essential for good budgeting. Having a banking app allows you to easily access your account and check your balance, monitor any bill payments, transfer money and some even offer mortgage calculators.
This app syncs between devices allowing you to be able to budget with friends and family. The app is based on a budgeting method which clearly defines your spending into different categories allowing you to see where you could be saving money.
- Account Tracker
Tracking spending and monitoring balances across multiple accounts, this app can be personalised to suit the user. It also offers payment alerts and there is a free version available to test out before buying the full app.
This app looks smart and is very simple to use. It tracks your incomings and spending each month and projects your saving amounts. You do not have to manually create a budget as the app focuses simply on your spending, saving and income ratio.
- Debt Manager
This app helps you to keep track of any debts you have. You can choose how you pay off your debts and develop clear repayment strategies.
- Meter Readings
This app will help monitor your energy use. By entering details from your bills and meter readings the app will show you how much energy you have used and how much it will cost. UK users can also use the app to compare energy prices with other companies.
- Savings Goals
This app is useful if you are trying to save up a large sum of money. Whether it is for a house deposit, new car or a holiday, this app can help. Simply enter a target amount and a target date (this is optional) and the app will suggest a saving schedule and track your progress.
This is a shopping comparison app which allows shoppers to compare prices online and on the high street to find the best bargain. Users can compile lists of desired products and monitor their prices. The app also features a barcode scanner so shoppers can scan any item and the app will show them the cheapest online price available.
Using one, or even a combination of these great apps will mean you can keep track of your budget – wherever you are!