If there is ever a time to get your finances in order, the start of the year is a perfect time. Everyone is interested in saving money. Whether it’s just for a rainy day, a special holiday or a deposit for a house, we all could be saving more than we are at the minute. 

We use our mobile phones for just about everything these days – we can even use it to pay via a card machine if you have your details saved. So why not use it to help you save as well? 

We’ve pulled together our top 5 money-saving smartphone apps that will help you make the most of your bank account in 2019. 

  • Monzo 

This popular app is incredibly helpful for tracking your spending, setting a daily or weekly budget or even for splitting a bill with friends. 

The mobile banking start-up changed from a pre-paid debit card to a real current account as of April 2017. It’s not a fully-fledged, mobile-only bank. You might think, why would I set up another current account if I’ve already got one? But this is a lot more than just a bank account. 

Monzo will send you personalised alerts when you spend money. It will also organise it into several categories from holidays, to transport, to eating out. 

You’ll be able to get a clear overview of what you’re spending your money on, so you can cut down any unnecessary purchases. 

You’ll also be able to set budgets for each category, and the application will alert you if you’re reaching that target. 

It’s available on Android and iOS and is free. 

  • Plum 

This chat-bot will encourage you to meet your savings goals with helpful alerts right into your Facebook messenger inbox. It’s not a standalone app but runs through Facebook Messenger, so you’ll need to have a Facebook account to avail of the benefits. 

Think of it like a virtual assistant that will analyses your spending, helps you set saving goals and encourages you to reach them through messenger. The friendly chat-bot uses funny GIFs as a means of communication – who doesn’t love a GIF? 

Plum will work perfectly if you have a distinct saving goal in mind like a holiday or an expensive new pair of shoes. 

It’s completely free to download, however, it only works with some bank accounts so be sure to check out if yours is on the list. 

  • Yolt 

Changing the way, you look at your bank account, Yolt is like Monzo in that it will track your spending. However, this application syncs all your current bank accounts together. It’s perfect for people who have multiple accounts, or credit cards that they use frequently. 

Available on iOS and Android, this app is perfect for any smartphone and is free to download. 

Do you think a money-saving app would be helpful to hit your financial goals? Let us know what you think, or if you have any other money-saving tips or tricks.