7 best budgeting and savings apps Australians need in 2025

Imagine a budgeting tool so good it fits snuggly in your pocket. That’s a budgeting app.

A practical way to achieve your financial goals is by managing your money wisely. Australians are on their smartphones all the time, and budgeting and savings apps can help you track your spending and improve your finances.

What can a budgeting app do?

• Track expenses
• Set savings goals
• Generate a budgeting plan
• Set bill payment reminders
• Offer insights into spending habits
• Monitor investments
• Produce expense forecasts
• Help manage debt repayments

To help you get started, here’s a list of seven Australian apps to help you budget, save, and manage your money in 2025, all from the comfort of your smartphone.

• Sync accounts from 100+ banks, super funds and financial providers
• Budgeting, savings goals, and automatic bill tracking
• Ongoing insights, including cash flow and net worth

The Frollo app is one of the more advanced, free money management tools available to Australians today. 

Users can link everything from bank accounts and home loans to superannuation from 100+ financial institutions in-app to get a comprehensive financial overview - all in one place.

Frollo is also one of the first fintech adopters of open banking, which means they can provide near real-time data to customers from participating banks.

Useful features include automatic budgeting and spending tracking, savings goals, and customised insights into where you money goes. Plus, spending is automatically categorised so you don’t have to organise everything, and Frollo will remind you of upcoming, regular charges through its bill tracking feature. 

Even better, Frollo was named best Money Management App at the 2023, 2022, and 2021 Mozo Experts Choice Awards for Banking Apps & Tech. Now that’s a mean streak!

Where can you get it? The Frollo app is available to download for free via the Apple App Store or Google Play.

• 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, split your salary automatically using the Pay Day function (so you know your spendable balance), and save up for those 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 – useful if you’re travelling.

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 the Mozo Experts Choice Awards for Banking Apps & Tech 2024 and best everyday bank account at the Mozo Experts Choice Awards for Bank Accounts 2023.

Where can you get it? The Up app is available to download for free via the Apple App Store or Google Play.

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

Sick of chasing down your friends for money?

Rebranded in 2022, this flagship payment app bills itself as the solution to the awkwardness of IOUs. Send and request payments to anyone with a Beem account and let the app do the rest with lightning-quick 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 life’s 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

• 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 even set tasks or jobs so your kid can earn their allowance, or watch as they meet fun, 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 will apply. For example, an annual family plan for one child costs $60/year, while two or more kids costs $78/year. New members can take advantage of a free 30-day trial (terms, conditions, and other fees may apply).

• 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 modern 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 debt-crushing motivation.

Where can you get it? The WeMoney app is available for download for free through 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? The simplsaver app is available for download for free through the Apple App Store. It’s not available for Android yet, but a version is in the works. 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 what’s easier than using an excellent app, straight from the Australian Tax Office (ATO)?

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, watch the progress of your tax return, and track your super fund, but you can use the income tax calculator to see how much you should withhold from your salary.

Arguably its best feature for tax time is the myDeductions tool. This function lets you collect receipts and tax records throughout the year. 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? The ATO app is available for download for free through the Apple App Store or Google Play.

Head over to the Mozo fintech hub to read our reviews on a range of Australian banking apps. Compare bank accounts and savings accounts to find the best options to suit your needs.