As a mum, I’m aware of how difficult it can be to juggle the finances, budget for each week, and look after my family. Thankfully, though, there are a number of different apps for smartphones and tablets that can make money management for the busy mum a little bit easier.
These are my favourites:
My Weekly Budget
My Weekly Budget cost me only $1 to download, and I’m able use it to track how much I’m spending – making it much easier to save. You set a weekly budget target and enter your spending daily. This app even makes budgeting fun: any money I don’t spend is carried over to next week. That makes my budget for Week 2 just a little higher and means I can maybe splurge on something just for me – maybe a block of chocolate when I do the groceries, or a new piece of clothing for my wardrobe.
Again only $1! I’ll never be late paying bills thanks to Bills Monitor. You log all your bills in the app and then you can track and check on them. It even reminds me when my gas bill is almost due, or if the electricity is already overdue. This means that I can sort through them all on-the-go. Bills are organised into categories, amounts, due dates, pay accounts, and even whether or not they’re recurring. Easy!
They say even financial professionals love this Bloomberg app. I’m very new to the stock market and it’s exciting to find an app that can tell me about the state of my investment in words I can understand. I can easily find out my dividend yield, and keep track of all the latest business and financial news. And, because I love social networking, I can share all my findings with my friends on Facebook. And the best thing about Bloomberg? It’s free!
My Tax Return
My Tax Return helps me estimate how much of my tax payments I’ll have refunded to me at the end of the financial year. It follows my income and notes deductions, shows just how much taxable income I’ve earned and how much tax I’ve paid. It displays payment summaries, allowances, interest and dividends, and even knows all about rebates and offsets – all for just $1. I don’t have an excuse to leave my tax return until the last minute anymore!
The best part about having all these apps to help me keep track is the time it frees up, so I can spend more time with my husband and kids. I can look everything up on my iPhone while on the go. It’s so convenient, and definitely a time and money saver – a win-win situation in my books!
This blog post was written by Lucy Walker, a full-time mum and freelance writer who downloads a ridiculous number of apps for her iPhone every week.