If you’re starting the New Year with the intention of saving more, spending less and taking better control of your finances, technology can help you to budget better. Alcatel takes a look at some of the most popular personal finance management applications available for Android smartphones.
You can manage your money easily and invest in your life goals with the free 22seven app from Old Mutual. It lets you link bank accounts, credit and store cards, investments, loans and rewards from over 100 South African financial institutions so you can see exactly how much you spend each month. You can set budgets and activate spending alerts, so you’ll know when you’re getting close to reaching your budget.
MyMoney is a personal finance management and budgeting app that helps you track your spending. It has a daily expense tracker, free budget planner, intuitive analysis tools and many other powerful features. You can manage income and expenses by categories like car, food and clothing. You can use the app offline, no internet needed.
My Finances is a perfect tool for home budget management with an attractive and intuitive interface. With a few clicks and swipes, you can add transactions, analyse transactions, and more. My Finances allows you to sum up all costs and gains by category and time period.
Manage your budget and watch every rand with Monefy, a popular financial organiser and finance tracker. Add new records each time you make a purchase in one click and make it simple to track daily purchases, bills, and everything else you spend money on. You can see your spending distribution on an easy-to-read chart, or get detailed information from the records list.
GoodBudget (formerly EEBA, the Easy Envelope Budget Aid) is a money manager and expense tracker that is useful for home budget planning. This proactive budget planner helps you stay on top of your bills and finances. You can sync across Android, iPhone and the web to share your budget with your budgeting partners, like your spouse or housemates.
If you want a simple and straightforward budgeting app with no bells-and-whistles, EasyBudget is a good choice. The developers are proud of its clean interface, ease-of-use and lack of unnecessary clutter and complexity. It’s free and it enables you to understand your spending with a single glance.