12 Best Money Management Apps for Australians (2020 Update)

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Looking for a money management app to help you budget? Here are the top 12 best budget apps for Australians including new apps available in 2020.

money management apps australia

Want a more flexible way to manage your money?

Well, there’s an app for that.

From banking on the go, to tracking expenses, the following money management apps will make managing your money easier.

In this article, I share 12 of the best budgeting apps that can help you manage you money.

What’s more, these budget apps are either specifically designed for Australians or can be used by Australians.

ASIC’s Money Smart App ‘Track My Spend’ is no longer available to download and is no longer being updated. This is a shame because it was a great basic budgeting app for manually tracking your expenses.

This article has included some new apps available in it’s place.

After the budgeting apps, I will share some of the best apps that help you SAVE money so you can stay on budget!

Disclaimer: Please note that Frugal and Thriving is not making any recommendations about these apps. Please do your own research before deciding if any of these apps are right for you.

12 Best Money Management Apps for Australians

Budget your money, check your balance, get notifications for bills, share expenses with other people, keep track or tax receipts.

There are apps for all sorts of budgeting needs.


banking app

Cost: Free

Availability: Android and iOs

Manage your money, check your balance and pay your bills on the go and more with your bank’s app.

And, if your bank has this feature, you can use your phone to ‘tap and pay’ instead of carrying around your wallet.


pocketbook app

Cost: Free

Availability: Android and iOS

Pocketbook is an Australian budgeting app that allows you to track your expenses to work out your monthly spend. You can set spending limits to help you stick to your budget.

This app connects to your bank (19 available) so that you can track income and expenses automatically.


good budget app

Cost: Free with 10 regular envelopes $6US per month for unlimited

Availability: Android and iOS

This budget app uses a virtual version of the old-fashioned envelope system to help you budget your money.

This is actually the budgeting app I use myself. It’s simple to use and effective. I use the free version and find it’s sufficient for my needs.

Track expenses, monitor savings goals, sync with your partner, monitor cash flow and analyse spending patterns.

While this app isn’t Australia specific, Australians can use it and it is one of the most popular budgeting apps on the web.

*Note: if you prefer NOT to link your bank accounts to an app, then this is the app to try.

You might also like: 13 Apps That Save You Money

4. Pocketsmith

pocketsmith app

Cost: Free for the basic plan, monthly fees for premium plans

Availability: Android and iOs

Pocketsmith is the self-proclaimed Australian alternative to Mint.

The free plan is manual entry and the paid plan connects to 163 financial institutions within Australia, making it one of the most comprehensive budgeting app for Australians.

If you’re looking for a simple expense tracking app, the free version of Pocketsmith can do that.

Other features include a bill calendar to keep track of upcoming bills.

5. Money Brilliant

money brilliant app

Cost: Basic plan is free or $9.90 per month or $99 per year for the premium app

Availability: Android and iOS

Money Brilliant is an all-in-one money management app.

The free account works similar to Pocketbook in that it connects your bank accounts to help you monitor your finances.

The free account also allows you to connect your credit cards, loans, superannuation and investment accounts.

On top of that, you can use the app to create a budget, get bill notifications, categorise expenses, work out your net worth, and generate spending reports.

The premium version includes a bill watch feature will also help you find a better deal on service providers, sort expenses into tax deduction categories, a cash account to track cash spending, import and export and other features.

Money Brilliant is part-owned by AMP Limited through a subsidiary. For more information on the app, check out the Money Brilliant website.

6. Moneytree

money tree app

Cost: Free for the basic app; $6.49/month or $69.99/year for the premium app

Availability: Android and iOS

Like Money Brilliant and Pocketbook, Moneytree links to all your bank accounts, credit cards, digital money, super etc. and brings all that info into one place.

Use it to check balances, monitor cash flow, monitor cards and even check loyalty points.

The app automatically categorises expenses helping you budget and track spending habits.

The premium app allows you to track and organise work expenses.

Moneytree was founded in Japan in 2012 and launched in Australia in 2017.

For more information, check out the Moneytree website.

Get the most out of these money apps and learn when to track expenses and when not in the article: When to Track Expenses and When Not To.

7. Money Lover

Cost: Free + Premium

Availability: Android, iOs and Windows Store

Money Lover is a budgeting app from Vietnam. It started as a manual expense tracker and the free version is still manual.

The premium version can connect to banks (currently six Australian banks are available).

The interface of this app is simple making it easy to stay on top of your budget.

Get reminders when bills are due so you don’t forget to pay them.


ato app

Cost: Free

Availability: Android, iOS and Windows Phone

The ATO’s is for individual taxpayers, small business owners and self-managed super fund trustees.

It allows you to access their online services, lodge and track your income tax return, record and manage tax deductions, calculates the tax to withhold, works out key tax dates, access tools and calculators, to name just a few functions.

Looking for ways to make money with your phone? Check out: Apps That Pay You Money – Best Money Making Apps for Australians.


splitwise app small

Cost: Free

Availability: Android and iOS

Splitwise isn’t Australian, but still useful for those people who need to split expenses. Great for flatmates who need to keep track of who owes what.

Splitwise keeps a running total of how much is owed and it also emails reminders when expenses like the rent are due or when you forget to pay someone back.

10. ATM Locator

ATM finder

Cost: Free

Availability: Android

Despite the picture, this app states that you can use it across the globe to find an ATM near you.

Provides you with distance and directions to ATM.


expensify app

Cost: Free

Availability: Android and iOS

Expensify allows you to scan receipts and track time or mileage for tax deductions.

What’s cool about Expensify is that it pulls information from the receipts including date, time, amount and merchant and puts it all into a CSV file ready for your accountant at tax time.

Want to learn how to make a super simple budget? Check out the article: How to Create a Super Simple Budget that Actually Works.

12. Finch

Cost: Free

Availability: Android and iOS

Similar to Splitwise, Finch is the “financial app for your social life” made for Australians by Australians.

When my mother and aunt travelled together, they had a purse they each put money in to cover communal expenses. Finch is the modern, no-cash version of the communal purse.

According to their website, the Finch app allows you to “pay friends, track group expenses and see where all your fun money is going.” Use the app to split bills, run group tabs, and track spending.

For more info, check out the Finch website.

Managing your budget has never been easier with the proliferation of apps and mobile tools available.

Money-saving Apps

While these apps help you manage your budget, saving money comes from taking action. Here are the 13 best apps for saving you money.

#1 Cash Rewards

Cash Rewards is a cashback site that helps you get cashback on online purchases. Get cash rebates on shopping you would be doing anyway.

#2 Shop Fully

Keep up to date with all the catalogue sales in one handy app.

Check out the entire list of best apps for Aussies that save money here: Best Money Saving Apps Australia.


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  1. I wouldn’t trust any apps made by the Government, or maybe even banks. I recon they would collect the data and use it for tax information (e.g. cash that isn’t recorded for taxation)

    1. I am surprised by your comment Annon. Tax dodging is immoral and you are sponging of people like myself who declare earnings honestly. Perhaps such apps should be mandatory.

  2. Great list – I have been looking for something like Pocketbook for a while. I also like “Stock Market HD” on iOS (not sure about Android) which tracks the prices and has charts and news for your portfolio. The news for Australian stocks is a bit limited but the charts are an easy way to see trends/opportunities.

  3. we use home budget. It has a small cost but syncs over multiple devices. by inputting all our expenses as they happen it gives us an up to date picture of where things are at. There’s probably free apps that do the same.

  4. The ATO’s app is specifically not for small businesses tracking expenses.
    It says so in it’s own information screens.
    You have to allocate the expenses to a category, and the categories listed are only for employees.

    1. Thanks Nick for your comment and clarifying how small businesses can use the app!

      This is the quote from the ATO website:

      “If you’re an individual taxpayer, small business owner or self-managed super fund trustee, you can access relevant tax and super information and tools in one place.”

      Sole traders can access the ATO’s online services through the app.

    1. I second this YNAB is an amazing app, and the support community that comes with it is awesome too!

      I have been using it for the past 2 years, it has helped me to completely turn my finances around. Changed my life!

  5. While I would not trust any multinational corporation further than I could throw their most recent brand new shiny building, I am still not quite as cynical as those behind some of these budget assessment comments. Yes, if you are speaking about the NSA then every single worker in the place should be jailed for the criminal behaviour they participate in and promote, but your typical banker, the person himself, is simply greedy and dishonest but not dangerous at all when threatened with ‘justice’, unlike government spies or government leaders here and elsewhere, with complete impunity to do anything to anyone. Corruption is, in essence, not such a bad thing since it is usually selfishness and greed underlying the motivation driving it and even the taxation system fits the typical profile of greed without any real malice toward total social harm furthering its end goals, however, the corporate scenario is quite different in its attempted world control through market manipulation, legislative progression over a hundred and fifty years, and the record of, for example, an excess of 100 million deaths just by the tobacco industry alone. That is only one industry out of many many others who do exactly the same and when you include others who most believe primarily make washing machines or light globes but kill multi-millions with their weapon systems that 100 million more than doubles, and no one would even attempt to ague the point. These corporate monsters destroy entire societies, countries, and cultures, which in my humble guess-work amounts to a much greater harm than the typical greedy or overzealous operative simply trying to get ahead of the game. So, yup, I’m cynical too, but mine leans toward those who can easily destroy the planet and all life on earth through climate inaction or nuclear weapons than just a few dishonest jerks who want to own a boat they could otherwise not obtain honestly.

    Ken P.

  6. Enjoyed this list but looking for expense tracker for MacBook Pro (desktop or laptop) version. I find apps on the phone too small to deal with.

    1. Yes, fair enough.

      Not sure about Apple products. Do they have an app store that you can use for a laptop as well? Windows 10 does. Some of the apps I use on my phone I can put on my laptop and they ‘sync’. I’d be surprised if Apple didn’t do that too.

    2. I’m also on an Macbook Pro and personally use YNAB. As it’s web based, it’ll work on various browsers on your Mac. I also use it on my Android mobile devices (phone and tablet) when I’m out and about or away for a few days and don’t have my laptop with me.

      It’s a great program depending on what you’re after.

  7. Hi Melissa – I recently have found out that the ASIC MoneySmart TrackMySpend App has been discontinued and was wondering if you knew of any other Apps that are similar – purely a manual data gathering tool that you are able to categorise spending etc but does not have to be linked to bank accounts feeds.

    Thanks for your assistance!

  8. Hello Melissa,
    Thank you for sharing. I find them helpful.
    The TrackMySpend App proved to be a handy resource on my phone for tracking purchases on the run. It’s simple to use and i can link between devices.

  9. Hi, these apps are fine if you want a snapshot of where you are at but true financial control is knowing where you are going via a cash flow projection where you can see future income, future bills allowing to establish how much you can spend before getting into trouble. Any ideas on a free app that facilitates this?

      1. Money manger ex it has cash flow report for up to a year.

        Not a splashy as some of the other ones. Does the job but bit of a learning curve. Free and Android app as well.

  10. Thank you for sharing the reviews of these apps. I’d like to point out though, your webpage is not easy to read because of those constant pop out ads, the article was moving all the time when I was scrolling down….