MANAGING our money used to involve sitting down for hours, sifting through endless bills, letters and receipts with a fine toothed comb.
Fast forward to today and technology and smartphones have changed the game completely. Tech savvy types can now control their finances on the go with a few simple clicks or taps.
The trouble is, there are so many apps and products around it’s hard to know which are worth investing your time in. To help out, here are a few favourites.
Forget budgeting with pen and paper, let technology do the leg work for you.
Both synchronise with your bank accounts to give you a bird’s eye view of where your money is going. They can also break down your transactions to show exactly where you’re spending, and will even remind you when a regular bill is due for payment or you’re close to hitting your budget.
Pretty clever stuff, but if it sounds a little too complex there is something simpler.
TrackMySpend Phone App
TrackMySpend by ASIC doesn’t come with all the extra bells and whistles, but it does do exactly what it says on the tin… helps you keep track of your spending.
It’s easy to record your expenses, work towards savings goals or keep track of how much a big event like a holiday or wedding is costing.
For power users, it offers many of the same features as the other apps, just without the link to your bank accounts… so, yes, you can tag transactions, set spending limits and set up bill reminders.
It’s also possible to extract your data into a spreadsheet, which is handy for importing it into other systems like accounting software.
Roxburgh Securities also offer our clients a free Client Money Management Portal, following portfolio establishment
For further information, email firstname.lastname@example.org
Original article here