Choose an expense-recording app

Good money management is built upon tracking as much as possible

When you choose an app to capture your purchases, you should take time to ensure that data entry is quick and easy, your information is safe and backed up and that the presentation will help you easily see an overview of where your money is going. The right choice will make all of the difference to your financial success.

1 Make your choice

Take time to choose a finance app that suits the way you work. An iphone app makes sense as you will always have it with you to enter new transactions quickly.

2 Speed counts

In this tutorial we are using Moneywiz, which lets you enter transactions efficiently. You can also change settings to reorganise the sections as you enter them.

3 The register

The transaction register will display each individual entry in a handy list, and there are visual cues so you can recognise income and expenditure instantly.

4 Reporting is key

The reporting function lets you see what you have spent your money on and specific areas to focus on when trying to cut back.

5 The Dashboard

For quick analysis use the Dashboard to view upcoming transactions, all of your accounts and useful stats – everything is in one place.