7 best budgeting and savings apps Australians need in 2025

Let’s be honest – budgeting isn’t exactly thrilling. But watching your savings grow? Paying off debt? Finally booking that trip to Europe? Now that’s exciting.

The good news? You don’t need spreadsheets or a finance degree to get your money sorted. All you need is your phone and the right budgeting app. These clever tools do more than track your spending – they help you understand where your money’s going and keep you accountable.

What can a budgeting app help you do?

Whether you're trying to cut back on Uber Eats or smash savings goals, a budgeting app can:

• Track your spending in real time
• Set custom and/or multiple savings goals
• Build a tailored budget that actually works
• Get reminders so you never miss a bill
• Understand your spending habits with smart insights
• Keep an eye on investments
• Forecast future expenses
• Stay on top of credit card or loan repayments

With so many Australians using their smartphones for just about everything, a budgeting app is one of the easiest ways to take control of your financial future.

Here are seven of the best budgeting and savings apps in Australia to help you stay on track, spend smarter, and grow your bank balance – all from the palm of your hand.

• Split bills and send instant payments
• Track shared expenses
• Shopping rewards

Sick of chasing down your friends for money?

The Beem  payment app bills itself as the solution to the awkwardness of IOUs. Send and request payments to anyone with an account and let the app do the rest with speedy efficiency.

It’ll even nudge you with friendly reminders (and funky fun gifs) so you don’t have to. 

Backed by EFTPOS and top-notch security, Beem can be a great and secure way to track shared expenses, whether it’s travel, food, house sharing, or more. You can even browse online or in-store shopping deals and accumulate cashback with every purchase (just watch out for T&Cs).

Where can you get it? Beem is available to download free via the Apple App Store or Google.

• Powerful banking app and budgeting app
• Pay Day automatically splits your salary into bills, saving, and spending
• Save up for purchases with Maybuy

Bank and budget in one! Up is a powerful player in the online banking space. Boasting slick savings tools like round ups, automatic tracking, and customisable savings accounts with no monthly service fees, Up could be a great place to start your savings journey. 

Not only can you set savings goals, you can pay mates and bills, automatically split your salary using the Pay Day function (spendable balance), and save for dream purchases with Maybuy.

Couples can join with 2Up, a collaborative alternative to the traditional Up banking experience. Plus, you can use your card overseas with no international purchase fees – ideal for travellers.

First home buyers, take note. If you want to start saving for that crucial first home loan deposit, UpHome can lay out a savings plan and estimate your borrowing power. 

Up won Exceptional Banking App at Mozo Experts Choice Awards for Banking Apps & Tech 2024 and Exceptional Everyday Account at the Mozo Experts Choice Awards for Bank Accounts 2025.

Where can you get it? Available to download for free via the Apple App Store or Google Play.

• Syncs with your bank accounts
• Tracks spending and helps find tax deductions
• Designed to build better financial habits over time

Gather isn’t just another budgeting app. It's designed to help Australians get on top of their finances and build long-term wealth. It pulls all your accounts together in one place, giving you a clear, real-time view of your money – including spending, saving and cash flow.

It stands out because of its practical, forward-thinking features. It helps you simplify tax time by automatically spotting potential deductions. It also includes an energy concierge service that keeps tabs on your power bills and recommends better deals, helping you save without hassle.

It also assists in maximising your bank card bonus points by tracking account closure dates.

While investment tools and other updates are still on the way, Gather’s focus on money management, smarter insights and long-term planning makes it one to watch in 2025.

Where can you get it? Available to download for free via the Apple App Store or Google Play.

• Secure money management app for families
• Set savings goals and track spending
• Flexible payment options

Looking to give your kids pocket money, but in the 21st century? Spriggy  could be the ticket.

Designed for caregivers and families, Spriggy helps you track your kids’ spending, teach them money management skills, and even loads cash onto a debit card so they spend if they need to.

Better still, there’s a ton of security features and safety nets (like spending restrictions and a pause/lock function) so your children can’t accidentally – or purposefully – get into mischief. A handy way to teach kids smartphone responsibility and money habits, all in one app!

You can set tasks so kids can earn their allowance and watch them meet visual savings goals.

Where can you get it? Spriggy is available to download for free via the Apple App Store or Google Play, but be aware that account and other fees apply. For example, an annual family plan for one child costs $60/year, while two or more kids costs $78/year. There's a free 30-day trial.

• Pay off debt
• Join accounts from 400+ financial institutions
• Set and track savings goals

Drowning in debt? WeMoney could throw you a rope. 

Marketed as a free “social financial wellness” app for tracking and crushing debt, WeMoney empowers users with community tips and technology so they can take charge of their finances.

Armed with a suite of features, users can keep track of bills, cancel any sneaky subscriptions eating into your budget, and compare personalised deals on debt consolidation loans. 

WeMoney claims the average member can improve their credit score by 63 points just 9 months after signing up to their service. Pretty impressive!

You can also connect accounts from over 400 banks, credit cards, super funds, Buy Now Pay Later services and more, so you can get a bird’s eye view of all your money. Set savings goals and glean finance tips from other WeMoney community members for extra motivation.

Where can you get it? Available for download for free via the Apple App Store or Google Play.

• Straightforward, traditional budget calculator
• Track your monthly costs and avoid a budget spiral
• Data stored locally on your phone – not sold to advertisers

Sometimes you just need to know how much you have to spend. That’s simplsaver . 

Traditional, straightforward, and very useful, simplsaver is a no-frills budgeting tool designed to let users know exactly how much they have left over, after costs, at the end of every month. 

Your privacy is paramount. All your data is stored locally on your phone and never sold to advertisers. To use it, simply input all your monthly expenses into your budget (categorised automatically from subscriptions to mortgage repayments), and voila - your take home pay.

It also lets you know if you’re overspending, facing a “budget spiral”, or at risk of recession. If you are, don’t worry: simplsaver has some general tips about climbing out of debt, too.

As a heartfelt bonus, a portion of simplsaver’s yearly profits go to the Royal Hospital for Women in Australia, a specialist in providing healthcare for new parents and newborns.

Where can you get it? Available for download for free via the Apple App Store. It’s not available for Android yet. The first five budget items are free: the premium subscription costs $6.99/year.

• Record and track eligible tax deductions
• Access ATO tools and calculators, like pre-filled tax returns
• Send data right to your tax agent

Tax-time is easier when you’re prepared - and the Australian Tax Office (ATO) can help!

The ATO app has a tonne of useful tools and features to get you tax ready. Not only can you check pre-filled employment information, manage your tax return, and track your super, but you can use the income tax calculator to see how much you should withhold from your salary.

Arguably its best feature is the myDeductions tool. This function lets you collect receipts and tax records. At tax time, simply email or upload the claim evidence to yourself or your tax agent.

All data is stored locally on your phone, so you’ll need to keep backups handy in case you lose it. You’ll also need to have a linked MyGov account to activate it.

Where can you get it? Available for download for free via the Apple App Store or Google Play.

Compare bank accounts and savings accounts to find the best options to suit your needs.