Having trouble making and sticking to a budget? We’ve found 5 useful money management apps which are sure to get your budgeting back on track!

Goodbudget:
Goodbudget uses the envelop budgeting technique, allowing you to separate your available cash into different expense buckets and track accordingly. This is a great way to stay organised and still manually manage your expenditure. Gone are the days of carrying around actual envelopes filled with cash, as this app links straight to your online bank account. To get started, give the free version a try and receive 10 digital envelopes. If you decide you like this budgeting method and need more envelopes, sign up to their ‘plus’ product for $5 a month.

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Source: Apple iTunes

Wally:
When getting in control of your finances, Wally is a great place to start as it will help you track your income and expenses. As this app doesn’t link to your bank account, you need to manually enter all income and expenditure. You can take photos of your receipts and store them. You can also use location services to recognise places you regularly spend, saving a step in your expense logging process. While Wally is great to help you get a handle on your financial position, it does rely on you regularly cross checking the app with the transaction history of your bank account. Wally is free and available on iPhone and Android.

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Source: Apple iTunes

Pocketbook:
If you’re looking for a more automated income and expense tracking app, Pocketbook is just for you. This offers a similar money management approach to Wally, however tracking is completely automated linking directly to your bank account. This lets you instantly see your transactions, account balance and allows you to set up budgets. It automatically categorises your spending, you can receive notifications of charges to your account and set up automatic bill detection. Pocketbook is free and available on iPhone and Android.

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Source: Apple iTunes

Level Money:
Ultimately, the Level Money app helps you understand how much you can spend everday and on what. They call themselves the mobile money GPS as once you connect the app to your bank account(s), it will detect and calculate your income and recurring bills, then suggest what you should be saving and what you have left over to spend. Level Money is great for those who need some help setting a budget to become more accountable for monitoring and tracking income, bills and expenditure. Level Money is free and available on iPhone and Android.

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Source: Apple iTunes

Unsplurge:
Whether you’re saving for a house deposit that new pair of shoes, Unsplurge can help you set and reach a savings goal faster. With the added benefit of being a social community, you can get tips and tricks from other proud savers within the app’s community. With Facebook integration you can also choose to share your goal and progress with your friends. While this app doesn’t help track your overall financial position, it’s a great way to set a savings goal and track your success in an encouraging social environment. Unsplurge is free and available on iPhone.

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Source: Apple iTunes