Budgeting can sound like a daunting process - we recently published a whole blog on the subject. If you’re looking for an easy to use app that will do most of the heavy lifting for you, give Squirrel a try. If you’ve had to turn to high-cost lending to cover essential bills before payday Squirrel could help. It stretches your money between paydays by separating your bill money from your spending money so you can budget effectively and set clear savings goals. All you have to do is add your monthly expenses and savings goals and using this information, the app will release the money you need for bills when they’re due as well as spending money for the week.
Wally Lite is also budgeting focussed though not quite as user-friendly, but what it lacks in slick design it makes up for in usefulness. It will track both your income and expenses and offer a snapshot of your remaining budget to help you avoid overspending. You can even scan your receipts. In short, it will show you your ‘bottom line’ in real time, giving you a full perspective of your financial position at all times.