5 Budgeting Apps that we are loving

We know that managing money can be tough these days with remembering to allocate funds for your subscriptions and bills (Netflix anyone?), a quick tap and go at Woolies and putting dollars aside for your saving and investment goals. In fact, we rarely even see cold hard cash anymore these days – money has gone digital! But never fear, at LFC, we have compiled a list of our 5 favourite budgeting apps that will put financial control back in your hands helping you to keep on top everything giving you more time for the fun and finer things in life!

1. WeMoney

What is it?
WeMoney is an Aussie money management app with a variety of useful functions for someone on the path to financial independence. WeMoney lets you track expenses, bills and other recurring payments, as well as monitor your income and savings. You can also view your credit score, including any inquiries made on you, your credit history and repayments, and finally any black marks against your name.

Why we like it:
WeMoney provides each user with comprehensive insight into their financial health. Information is knowledge, that can empower users to make savvy financial decisions to knock down debt and smash their savings goals It also has a growing community forum which is like Instagram for finance which helps to keep you motivated for your money goals.
How much is it? FREE! Download it from the Apple App Store

2. MoneyBrillant

What is it?
Think of MoneyBrilliant as a ‘personal financial assistant’ for your smartphone. Users can create and track their own budgets, see their spending broken down into different categories (e.g. transport or groceries) and get a clear picture of their net worth via their assets and liabilities. There are also personalised insights and there’s even a ‘safe spending’ feature which takes into account your income and debts to tell you how much you can spend on any given day.

Why we like it:
It is really a one-stop shop when it comes to managing all aspects of your money in one place. Money Brilliant easily links with a range of accounts including bank accounts, savings accounts, home loans, credit cards, investments, superannuation and even insurance products. There is also the option to create and update accounts manually.

How much is it? $9.90/month or $99/year and can be downloaded via the Apple App Store or Google Play.

3. Pocketbook

What is it?
Pocketbook has been around for a while and for good reason too. Pocketbook helps users to save and spend smart as well as the ability to budget properly for bills and expense tracking. It is designed to give a 360 degree view of their finances by connecting multiple accounts from different financial institutions all in one place. You’ll then be able to see exactly where your money is flowing with features such as spending categorisation and spending reports, plus you’ll be able to create budgets and set goals to track. 

Why we like it? 
Pocketbook has a smart feature that reminds you to transfer money to the right bank account in time to cover your latest streaming or utilities bill. The app keeps track of bills and other recurring payments with alerts ahead of time.
How much is it? FREE!! via the Apple App Store or Google Play.

4. FuPay

What is it?
Fu, pronounced “Foo”, is the newest kid on the money management block. FuPay’s tagline “live large and take charge” encourages users to spend their money how they want, as long as they are aware of how each purchase will impact their cash flow and future goals. FuPay is a pay cycle cash flow management tool not a budgeting app. Users can link their bank accounts to the app. FuPay then provides infographics that help users to understand their income, spending behaviour and cashflow outlook for future pay cycles. While it is not a money management app in the traditional sense, it does still offer the same features as categorising your spending, reminders of upcoming bills and setting saving goals and spending targets. A new recently added feature is FuPay which works like buy now, pay later. Users can have cash deposited directly into their bank account, pay a BPAY bill through the app or pay for goods / services in-store or online.

Why we like it?
FuPay is leading the way in creating a lifestyle money management platform that allows users to better understand and manage cashflow needs. They have successfully combined money management with with the ability to BNPL all lifetstyle categories while still working on personalised savings and investing strategies. It is not a credit provider or credit card.
How much is it? FREE!! via the Apple App Store or Google Play.

5. Finder

What is it? 
Again, not a traditional money management app but still a very helpful financial tool that could help you save money. The Finder app is designed to find members better deals for credit cards, home loans, savings accounts and health insurance and includes features such as spending insights and alerts to save you money. Users can connect transaction and savings accounts, investments, superannuation, loans, credit cards and manage them all in one dashboard. Finder works across four common financial products – home loans, savings, health insurance and credit cards. The app analyses members financial products and their spending and then notifies them of potential savings. 

Finder’s free app analyses members’ financial products and they're spending, and notifies them of potential savings across those four main categories.

Why we like it?
The app has been created to empower Australians to make better financial decisions with their own data. It is an easy to use app that is a great tool to help people find better deals, make the switch and put money back in their pockets.
How much is it? FREE!! via the Apple App Store or Google Play.