Mobile devices are good for a lot more than surfing the internet and playing addictive games in your free moments. One of the many things they can be useful tools for is budgeting and money management. Three of the best apps that can help you keep your finances under close control are:
Goodbudget, which was formerly known by the slightly less catchy name of Easy Envelope Budget Aid, is an intelligent household budgeting tool. At its core, it is designed to handle the simple but useful task of helping you keep track of your incoming an outgoing funds and how the two balance against each other. On top of this basic principle, however, it adds a number of features that help you to budget as effectively and efficiently as possible. For example, it helps you to group your outgoings and budget into separate categories. If you install the app on multiple devices, then the app offers automatic syncing so that any changes you make on one device will be automatically updated on all others as well.
PriceSpy is a price comparison tool. In principle it is much like the price comparison websites you may use to find the best insurance deal or telecoms provider, but rather than focussing on these kinds of services it instead compares prices on everyday, physical products. This makes it easy for you to find the best deals on things you want to buy, automatically collecting and comparing prices from both online and high street retailers. As well as comparing prices at any given moment, you can create and save lists of wanted products in order to keep an eye on prices and offers. You can also use your phone’s camera to scan the barcodes of products you find in-store to bring up key information about the item and check out prices online.
UK Salary Calculator/SalaryBot
The UK Salary Calculator (iOS only) and SalaryBot (Android) apps allow you to calculate your actual, take-home pay after tax and national insurance as well as things like pension contributions and student loan repayments. This might not seem like something that will come in handy as often as the others but it can still be a useful thing to have. Most of us tend to know our gross salary more readily than our take-home pay, so this can help you convert one to the other for budgeting purposes. This can be especially useful if your salary is variable or your hours irregular, in which case it can help you work out how much you have actually earned ahead of each payday. If you are considering a change of job, it can also be invaluable in working out how much you would really get paid in any position you are thinking of applying for.