Complete control over your cash: budgeting apps at a glance

Are you still keeping track of your expenditure manually or using an old-fashioned cash book? It’s time for a change! The world of finance is the next frontier of the digital revolution. Discover how the right tools and apps can help you get to grips with your finances and optimise your budget planning.

There are numerous popular apps that have received good ratings from their users. Three of the most widely used apps in Switzerland are MoneyControl, MoneyManager and MoneyBook. They offer basic functions for tracking your spending and planning your budget, as well as advanced features such as importing bank data and generating detailed reports. Read on to discover some of the advantages and disadvantages of these apps.

MoneyControl

In addition to tracking income and expenditure, the comprehensive finance app MoneyControl also provides you with an overview of all your assets. You can add bank accounts and credit cards in order to receive automatic updates, while the app also offers detailed reports about your spending behaviour.

• Advantages: Wide range of features, option to link banks and credit cards, detailed reports and analyses.
• Disadvantages: MoneyControl can seem a little overwhelming at first, especially if you don’t have much experience with finance apps.

💡 Tip: You can set a monthly budget for various categories (such as food, entertainment or clothing) and the app will notify you when you reach your limit.

MoneyManager

MoneyManager is another great app for budget management. It offers similar functions to MoneyControl, such as the option to add bank accounts and create reports, but it is slightly clearer and simpler to use.

• Advantages: Easy to use, clearly presented, option to link bank accounts. The ability to set budgets and sort expenditure by category makes it easier to manage your finances.
• Disadvantages: MoneyManager offers less detailed reports and analyses than MoneyControl. It is less suitable if you need very specific and detailed information about your spending.

💡 Tip: You can enter your monthly fixed costs such as rent, insurance and subscriptions to give you an overview of your essential outgoings.

MoneyBook

MoneyBook is another useful tool to help you manage your money. The app focuses on simplicity and clarity, offering you a straightforward overview of your finances.

• Advantages: MoneyBook is easy to use and gives you a clear overview of your finances. It is ideal if you are looking for a simple app.
• Disadvantages: MoneyBook offers fewer features and settings compared to the other apps.

💡 Tip: You can tell MoneyBook what you want your weekly spending to be, and the app will show you how much of your budget you have left.

Tips on using finance apps

• Set realistic budgets: Apps can help you set a budget, but you need to be realistic. Think about how much money you really have available and how much you want to save.
• Use automatic features: Most apps offer functions that make your life easier. For example, you can set up automatic transfers or create reminders for bills that need paying.
• Stay consistent: An app can only help you if you actually use it. To give you the clearest possible overview of your finances, you need to stay consistent and enter all of your spending.