Pyramid of macarons

Home loan guide / Investing

Money and finance: top 5 apps

5 min read

Bailey Underwood

We've compiled the 5 best money and finance apps to help you keep your eye on the prize - your hard-earned dollars. Check out our favourite apps to make the most of your cash.

It can be hard to keep an eye on your finances – in fact, the more you earn, the messier it can get! So how can you manage your spending, make time to invest and save, track your IOUs between friends, and stay on top of bills? Well, there’s an app for that. In fact, there are plenty of apps, but we've compiled the 5 best money and finance apps to help you keep your eye on the prize - your hard-earned dollars.

Work smarter, not harder

Allan Mogensen, famous American industrial engineer.

In this case, save smarter, not harder (but it will never hurt to do both).

Screenshots of Up app


The super-cool bank of the future is here! Up is turning the industry on its head, creating a simple, mobile-first everyday banking experience. Their special sauce? Tech-led banking, instead of bank-led tech. And, they’ve got a killer fluoro orange debit card. Like us, they’ve partnered with Bendigo Bank to make their fintech dream a reality (a reality for 280,000 users as of October 2020). Since they’re fresh off the block and not bogged down with legacy banking systems, they have some cool tech tricks up their sleeves. And did we mention their fluoro orange debit card?

UP bank card

Best bits:

  • no fees(!) — no monthly fees, no overseas purchase fees and unlimited withdrawals.
  • Fluoro orange debit card.
  • Merchant ID and smarter expense categorisation – have more clarity over your finances.
  • Automatic round-ups, to help you save.
  • Osko payments support – send and receive money in near real-time.
  • Their debit card is fluoro orange.
  • More features coming UP soon.

Available on Android and iOS


Raiz (originally called "Acorns") was built on the premise of a squirrel storing away acorns for the Winter. Similarly, this app helps you to store away money (and invest it, too). By rounding up your everyday purchases, Raiz helps you to squirrel away those extra funds and automatically invests them into a diversified portfolio of your choice. You can even set recurring deposits to supercharge your investments.

Raiz is a great app for those who have trouble saving or for those looking to dip their toes into the world of investing.

Screenshots of Raiz

Best bits:

  • Great introduction to investing.
  • Pick your portfolio - from conservative to aggressive.
  • Sustainable portfolio option.
  • Your investments are automatically rebalanced and diversified to reduce risk.
  • Bank-level security.
  • Deposit or withdraw at any time.
  • Easy, behind-the-scenes saving with Round-Ups.

Available on Android and iOS.


Mobile investment for future-focused tech companies, which “invests in where the world is going, not where it’s been”. Spaceship left the launchpad in 2018 and has continued its fast, upward ascent, managing more than 39,000 users and over $27 million in funds.

Similar in function to Raiz, Spaceship is best for those who want to take it slow, but also have an appetite for higher-risk, higher-reward options. You’ll learn the fundamentals of trading and investing as you go.

Screenshot of Spaceship

Best bits:

  • Invest as little as you’d like with no minimum amount.
  • Affordable investing: fee-free for balances under $5000.
  • Choose from 2 portfolio options.
    • Spaceship Index Portfolio – 200 companies with large market caps. 100 ASX listed companies and 100 companies on overseas exchanges.
    • Spaceship Universe Portfolio – 100 listed companies with a focus on high-growth technology stocks.
  • In-depth company profiles.
  • Learn as you go – Spaceship will give you articles and insights to hone your confidence as an investor.

Available on Android and iOS.


Splitwise is perfect for splitting expenses between two or more people. Whether you need to keep track of household bills with flat mates, keep a running tab with your travel companions, or if you need to track expenses between you and your significant other, Splitwise does it easy-peasy.

Enter how much you are owed and by whom, and Splitwise will do the rest. It tracks all owed bills across a group and automatically balances them, reducing unnecessary back-and-forth transactions. No one will ever forget to pay you back again.

Screenshot of Splitwise

Best bits:

  • Quickly add and split bills between multiple people.
  • Attach photos to expenses (for storing your receipts).
  • Manage payments across multiple groups of individuals.
  • Add recurring expenses, like utilities or rent.
  • Great for tracking who owes what.

Available on Android and iOS.

You Need a Budget

Or YNAB, for short, is a budgeting app that primarily focuses on paying down existing debts. Follow their four rules and you'll be paying off that pesky credit card in no time. Enter your income and assign every dollar to a budget category, then track your expenses and try not to break your budget! By being more aware of your money and how available it is for spending, you can be more conscious when making discretionary purchases.

You need a budget screenshots

Best bits:

  • Effective tools to help pay down debt.
  • Create and track personal budgeting goals.
  • Insights and analysis of spendings and savings.
  • Every dollar is budgeted.
  • Sync with your financial institution.

Available for Android and iOS.

Learn more about saving:

7 ways to hack away at your home deposit savings goal

How to estimate and stick to your renovation budget

More in Investing

Slide 1 of 8
  • An espresso machine dispenses coffee into a cup


    Are two home loans with one lender a good idea?

    Lucinda Starr

  • Ceramic figurine of an elderly couple


    Superannuation 101: A Beginner Guide

    By Tic:Toc

  • People travelling up and down escalators


    Why LMI isn't just for first home buyers

    Diem Tran

  • Woman planting pot plant


    6 Ways To Get Into Investing As a Beginner

    By Tic:Toc

  • two different front doors next to each other


    What to look for in an investment property

    Caitlyn Smith

  • A standing person holds a backpack at their side


    An educated purchase: buying in a school zone

    Bailey Underwood

  • Man looking at wall with notes pinned on it


    7 tips for researching and buying your first investment property

    Caitlyn Smith

  • Elderly figures on bench


    How much you really need for retirement

    Caitlyn Smith