Starting a budget can be difficult, and keeping track of your progress isn’t any easier. If you are a beginner budgeter try using the RACQ’s simple planner. This gives you an overall understanding of roughly how much you spend each week and your expected annual savings.
If you are looking for an app to track your spending in conjunction with a budget, consider the apps below.
This application has a very simple layout and was developed by ASIC (Australian Securities and Investments Commission) and does exactly what is expected, it tracks your spending. The user sets up a spending cycle and limit, from there you add each new expense as they’re made with a title, amount, and category. This app and its services are free.
Unlike TrackMySPEND, Pocketbook syncs your bank account to provide you with a clear view of your spending. The app automatically categorises your transactions to help give you a full breakdown of what your spending and where. The app encrypts all of your information for security purposes and is completely free.
This app is great for those budgeting with their partners as the app is accessible across multiple devices under the one account. The service reports regularly via in-app reports, pie charts, and other detailed documents. The service uses the envelope budgeting method and is ad-free. The basic service is free forever, however, if users want to utilise more envelopes they are required to purchase a subscription.
The service boasts its ability to budget, organise your personal finances, and track expenses. The easy and interactive design makes the service extremely appealing to users. The first 30 days are free until users are required to purchase a subscription service. Although the app has a strong following amongst savers, many credit the service for all the money they have saved.
If you are trying to cut your spending habits when it comes to buying technology, look no further than these awesome gadgets.