What are your favourite money apps?

Personal Finance Money & Budgeting
1

Hey everyone!

We’ve written a new blog post about our favourite money apps (Emma being one of them :laughing:)

We’ve picked our favourite money app for:

  • Investing
  • Cashback
  • Budgeting
  • Pensions
  • Making Extra Money
  • & Selling unwanted items

V interested in knowing what your fave apps are for each of these things?!

1 Like
2

Not for any of the above categories but I’d put Splitwise in a favourite money apps list

1 Like
3

Ahh, I’ve only used Splitwise once and didn’t get on with it!

Tried to use it when I was on holiday with 4 friends, but I’d come from the UK, and they’d come from the US and OZ - and then we were travelling around 2 different countries so there were just waaaay too many currencies to deal with :exploding_head:

What do you mostly use it for?

4

I’ve used it in house shares with friends and also long term with family. Find it really useful for these more long-term/ongoing scenarios.

I’ve never used it with multiple currencies or short term (holidays with groups of friends).

5

Could see it working really well for house shares!

Guess its kinda like the Monzo shared tab too?

6

I’ve never tried the Monzo shared tab.
I think something like this needs to be bank-agnostic.

8

Looks cool! Like that they’re obviosuly big fans of How I Met Your Mother :laughing:

Screenshot 2021-02-05 at 15.59.17
Screenshot 2021-02-05 at 15.59.172422×1395 269 KB

10

Hahah :see_no_evil: Do you watch How I Met Your Mother?

They’ve used the character names from that show in the image above (Lily Aldrin, Ted Mosby, etc!)

12

Is it good? I’ve seen it advertised and it looks absolutely bonkers - I can’t everrrr imagine going on a show like that :sweat_smile::sweat_smile:

14

(Living in US.)

  • Budgeting - Emma, of course! :smiley:
  • Investing - Schwab/Public → use different apps for different purposes. One for speculations, one for regular investing etc. Robinhood has much better charts. I find Public app to be much more noob friendly, with warnings helping people take informed risks.
  • Cashback - No apps, mostly credit cards.
  • Selling unwanted items - Facebook Marketplace.
  • Net worth - Personal Capital provides great charts on returns and allocations. Suggests generic improvements to the portfolio.
  • Split expense - Splitwise + Venmo
2 Likes
15
  • Budgeting - Emma & spreadsheet
  • Spend tracking - Emma
  • Investing - I don’t think having a quality app is important. But for what it’s worth I think Hargreaves Lansdown has the best app / mobile experience of the platforms I’ve tried (HL, Interactive Investor, iWeb, Freetrade, Moneyfarm, Dozens).
  • Cashback & offers - Topcashback and Hotukdeals. But I use the websites more than the apps.
  • Selling unwanted items - For tech items I tend to try CeX and musicmagpie first. If their offers are too low and for selling more general items I turn to eBay.
  • Net worth - Don’t use an app. I use a spreadsheet.
  • Split expense - Splitwise
1 Like
16

Budgeting:

  1. Emma (Best)

  2. True Bill (Close)

  3. Honey Due (pretty good)

  4. Honorable Mention YNAB. YNAB is a great budgeting app, but not so good at tracking cash flow. Using Emma with YNAB is amazing. Once Emma uses rolling budgets, perhaps I can use YNAB less. Emma NEEDS Rolling Budgets to compete with YNAB.

1 Like
17

Has anyone tried Updraft? I really like the design.

20

I haven’t tried this and it hasn’t come to UK yet but I really like the look of it…

21

PensionBee, how much do my pension pots suffer from being moved?

22

Hey @Neil5000 - welcome to the Emma Community!

I think it would depend on the type of pension you had and if there were any exit fees or benefits that you might lose if you switched.

There’s a post on the Emma blog that looks at this in a bit more detail: https://bit.ly/32XS0Xw :blush: