How iPhone apps can help save and manage your cash
From comparing retail prices to monitoring energy use, it seems the iPhone has an application for everything. Well, almost. Chiara Cavaglieri reports
Sunday 25 October 2009
It may have its critics, but there is no denying that the iPhone has revolutionised the way we use our phones, and never more so than with the host of applications (known as apps) that are springing up.
Understandably, the recession has triggered a surge of apps aimed at helping people manage their financial affairs, but, with thousands to choose from, finding truly useful apps can be difficult. To help out, we've spoken to three self-confessed iPhone addicts for their takes on the best apps to save and manage your money.
Cha Ching (£1.79) / Spend (59p) / Pennies (£1.79)
Several apps offer to help you budget, all with essentially the same features. One of the easiest budgeting apps to use is Spend. “The thoughtful design allows for speedy data entry, making it much less of a chore,” says Nick Collings, a web developer from digital production agency Sticky Moon. Both Pennies and Cha Ching are more complicated, highlighting the biggest expenses by category. But you have to remember to input all purchases: “The beautiful interface design makes Cha Ching intuitive and a complete pleasure to use but requires discipline, which might put some off,” says Mr Collings.
Simply swipe your iPhone camera over the product barcode and your phone searches Amazon and Google for instant access to a bunch of online prices. You may feel a bit silly constantly getting your phone out while you shop, but the savings should make up for any embarrassment. “This is another example of how smart phones can transform our spending power,” says Jasmine Birtles of Moneymagpie.com
Save money on your phone bills with 0870, the iPhone application version of website SayNoTo0870.com. If you’re stuck with an expensive 0870, 0845 or 080 number for a company, this app finds alternative landline or even free numbers instead. For mobile users, this means that these calls can be taken from the inclusive call allowance rather than being charged a premium rate, which can quickly cause bills to shoot up
MoBank is a mobile banking app that allows you to view your current account, check your balance and see recent transactions securely on your phone. Its secondary function lets you make day-to-day transactions, such as booking cinema tickets, but there is a charge of 50p per retail transaction. “This is one for the future,” says Nick Collings. “The current reviews suggest there are creases to iron out, but I believe it to be the direction things are going in terms of payments on the go.”
Anyone with a portfolio of stocks and shares can keep an eye on their performance with the impressive Bloomberg app. It features graphs, tables and news updates – all for free. “I use this if out and about to scan any news headlines and use the stock-tracking facility. It is more in-depth than the pre-installed iPhone stock app, and lets you add the number of units held, purchase price etc,” says Chris Rowe from independent financial adviser Worldwide Financial Planning.
Meter Readings (59p)
This is the most popular paid-for financial application. It tracks your household energy usage, letting you know how much you’re spending on gas, water and electricity. The most useful feature is that you get to see your average usage per day, week or month so you can see at a glance when you need to improve your energy habits. Helpfully, you can enter multiple tariffs per meter, useful for electricity tariffs, where separate rates can be charged during the day and at night
- 1 I was a Woman Against Feminism too
- 2 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 3 Students offered grants if they tweet pro-Israeli propaganda
- 4 The Tory donor whose firm is one of Britain’s biggest tax avoiders - with HMRC's blessing
- 5 John Barrowman praised for Commonwealth Games opening ceremony gay kiss
Malaysia Airlines MH17 crash: Vladimir Putin is given 'one last chance' to end hostilities in Ukraine
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
The truth about conspiracy theories is that some require considering
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia
Malaysia Airlines MH17 crash: victims’ bodies bundled in black bags and loaded onto trains
iJobs Money & Business
competitive: Progressive Recruitment: This really is a fantastic chance to joi...
£40000 - £60000 per annum + BONUS + BENEFITS: Harrington Starr: CXL, Triple Po...
£60000 - £75000 per annum + BONUS + BENEFITS: Harrington Starr: Business Anal...
Negotiable: Harrington Starr: Market Administrator (1st line Support, Bloomber...
Day In a Page
A three-bedroom 16th-century home with an aga kitchen, private gardens and heated outdoor pool, in Hadleigh
A three-bedrom home in sought-after Queen's Gate Mews, with Italian marble-finished bathrooms
Surrounded by glorious countryside in the village of Udimore, sits this impressive four-kiln oast and barn conversion
A five-bedroom house in the picturesque village of Kettlewell, north Yorkshire
An 18th-century former coaching inn with original staircase, open fireplaces and beams throughout
A Grade II-listed Georgian town house with three bedrooms and a south-facing courtyard, near Arundel Castle
Feel on top of the world at this über chic penthouse on the 37th floor of one of Europe’s tallest blocks.
A Grade II-listed Victorian villa with six bedrooms and two further cottages, all with spectacular sea views
A grade II-listed, Georgian cottage with mature 50ft garden, perfect for summer entertaining
A magnificent Georgian pile with turrets, seven bedrooms, a heated pool and four acres of gardens
Fairoak Farm has five bedroom suites, gym, outdoor swimming pool and golf course
Chic two-bedroom river-fronted flat with a private lift that delivers you directly to your home
A spectacular seven-bedroom Tudor pile, once owned by Henry VIII, with 18 acres of land
A seven-bedroom Georgian property previously used as a picturesque wedding venue
A split-level flat in a church conversion with two en suite bedrooms and 1,200sq ft of living space
A three-bedroom bungalow situated behind an impressive stone wall, £645,000
Windsor Castle overlooks this three-bedroom Victorian cottage located on one of Windsor's smartest roads
Chapel House is a former vicarage with nine bedrooms in the beautiful Upper Wye Valley
A five-bedroom B&B and separate owner's accomodation with potential for conversion
Enjoy summer by the Thames in this two double-bedroom converted warehouse in Rotherhithe village
A one-bedroom, luxury apartment with private gym and concierge service in Moorgate
A four-bedroom house in Hermitage Gardens with three reception rooms and landscaped gardens
A seven-bedroom Grade II-listed property with a separate self-contained apartment
A five-bedroom Victorian house with three reception rooms and galleried landing, £695,000
A six-bedroom farmhouse with five acres of land in a former cloth-making village
A secluded seven-bedroom detached house with large private garden, £490,000
A three-bedroom cottage overlooking Sarratt village green with open fires and solid oak floors
A three-bedroom maisonette flat in a Grade I-listed, Georgian townhouse in a sought-after location
A one-bedroom apartment located within a private gated development, north of Turnham Green
Look forward to a brighter future at two-bedroom Sunny Cottages, ideal for Londoners looking to downsize
A three-bedroom red-brick cottage with outbuildings and pretty gardens, £200,000
This three-bedroom flat within a former textile factory spans the corner of the fourth floor and has a balcony
A charming four-bedroom Oxfordshire cottage with oak floors and chunky-beamed ceilings, £465,000
A beautiful one-bed flat in a sought-after portered block, with access to Norland Square communal gardens
A one-bedroom flat within a Sixties school conversion with high-spec design and open-plan kitchen, close to Lambeth North Tube, £435,000
A 17th century four-bedroom house, with open fireplaces, cellar and pool, £600,000
A three-bedroom, coach house with luxury open-plan living space and contemporary breakfast bar