Updated: Oct 22, 2018
Kicking off the new year, we assume that you’ve already set some big goals when it comes to your finances. Perhaps you want to become better at budgeting, reduce credit card debt or even work toward saving for retirement. For most people, budgeting, saving money and changing spending habits is a challenging feat because it’s tedious and requires work.
The good news is, we’re here to tell you that it doesn’t have to be as difficult as its generally put out to be. Check out the following list of free applications that are solely created to help make budgeting and saving easier for you in your everyday life.
Raiz allow you to test out investing at a minimal cost. You link your bank account, spend money, Raiz rounds up your expenses, and then invests your spare change. So if you pay $3.60 for your next coffee, the remaining 40c will be invested by Raiz. For every whole-dollar amount spent, you can choose how much you would like to be invested by Raiz, whether it be nothing at all or another $1.
You can select how you want to diversify your portfolio and be presented with forecasts decades in advance. Raiz has also partnered up with global brands that will invest money back into your account if you use their affiliate links and shop with them!
Who would have thought that managing your superannuation can become a fun thing to do in your everyday life? Similar to Raiz, GrowSuper aims to invest your spare change right into your Super. So in other words, that next cup of coffee is practically bringing you closer to financially securing your retirement!
Plenty of apps out there will eventually try and influence you to spend money on in-app purchases for features you may not necessarily need. Money Brilliant, on the other hand, helps keep you informed about ways that you can spend less money, by generating a budget that is tailored for you and keeping track of your progress over time. You can also expect this app to continually find you the cheapest utility deals based on your current billing and usage data.
Pocketbook is a budgeting app that helps you track your expenses to work out your monthly spend. You can even set spending limits to motivate you to stick to your budget. The best feature of this app is that it connects to your bank, so it tracks your income and expenses automatically and can provide you with summaries on a weekly basis. Having your costs synced with the app means that you will be reminded of any upcoming bills and stay on top of your recurring payments.
Download Link: Android ~ iPhone We often fail at our financial goals because we forget the bigger picture. That’s where the TrackMyGoals app comes in – it provides you with the motivation to budget and to save for that big trip, or for your retirement. The only thing you need to do is add your goal, a date, and the cost. Additionally, this app allows you to break down your goals, by giving you weekly and monthly savings targets.
That’s it! Those were five apps that you can download right now to help stay on top of your finances. Managing your budget and saving has never been easier or less complicated, so choose the app that most interests you and give it a go. You’re bound to see a positive impact on your finances.
Keep in mind that if you ever require any assistance with your budget and would like to have a free, non-obligation discussion with one of our qualified and friendly financial advisers here at Create and Protect, email us at email@example.com or call 1300 707 955. We are your local team of financial planners and are always prepared to help put you on the right track in securing your financial future.