3 useful budgeting and money saving apps worth downloading

3 useful budgeting and money saving apps worth downloading

Money | Frugal Living | Good Habits | Increase Income | Saving Hacks

Nia Bennett | Jun, 11 2020

Looking at your finance and having a structured way to budget is always a good thing. It might not be glamorous, but a little time invested in sorting our your finance can take you a long way.

With so many apps and new technology, it is a lot easier to sort out your finance. This could range from online vouchers to incredible savings schemes that will give you a lot more return than keeping your money in the savings account in your local bank.

What is a good app for saving money?

Over the last year, there has been a significant increase in downloads of finance and money-saving apps. In fact with the lockdown caused by Covid-19, people working from home or families struggling with finances are curious to explore the market and understand that best money savings apps that will help them with their finance or at least give them more for what they have.

1. Expense Manager

If you are new to budgeting and you would like a simple app that will help you track your various expenses in a clean, organised layout then this app is worth a try.

The Expense Manager app is free and fairly straightforward in its operation. It has a clean interface which breaks down your everyday costs into different categories. If you are clueless about how much you spend on different items and your outgoings every month, then this app does just. It doesn’t promise any fancy features but by the end of the month, you will have a clear idea about where your money goes enabling you to take the action to cut down costs or budget where you need it the most.

2. Wallet Finance Planner and Budget Planner

Wallet is a great app and gives you that extra something by not only tracking your expense but also mapping your outgoings and helping you save. 

Unlike the Expense Manager, the Wallet Finance Planner and Budget Planner app allows you to sync your bank accounts and credit cards. It allows you to have a detailed breakdown of everything including utility bills, loans, credit card payments, transportation costs and income. You can also breakdown your investments, set savings goals and create a separate space for planned payments. 

The free version of the app allows you to add bank account which is more than enough if you are only tracking expenses from your main bank account. The app also offers a premium version for multiple users and multiple bank accounts.

3. Saving Made Simple - Money App

Another fantastic addition to the money-saving app family is the Saving Made Simple app. It does what it says on the tin. It helps you keep track of expenses and save. 

The saving section is great because it then it tells you how much you need to save (weekly, monthly or annually) to achieve that goal. The layout is simple, clean and uncomplicated so once you download it, you will know exactly what to do and the cash flow section helps you understand where your money goes on a daily, weekly, bi-weekly or monthly basis.