The Property Academy Podcast Best apps to manage your money (Personal finance app comparison)⎥Ep. 2035
Apr 7, 2025
Discover the top personal finance apps in New Zealand, with detailed insights on PocketSmith, SortMe, and YNAB. The hosts share their experiences, highlighting both standout features and frustrations, especially with account transfers. Learn how an automated budgeting tool can transform your financial planning, particularly for low-income users. Plus, find out which app takes the crown for usability and innovation, and explore the limitations of American financial software for local residents. Get ready to manage your money smarter without the spreadsheet hassle!
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Pocketsmith Budgeting Features
- Use Pocketsmith to link all your New Zealand bank accounts and see automatic spending graphs.
- Regularly categorize transactions to track where money goes, but watch for manual setup time.
Ed's Pocketsmith Experience
- Ed McKnight used Pocketsmith actively, coding transactions each evening to understand spending.
- He stopped because transfers between personal and rental accounts looked like expenses, causing confusion.
SortMe Banking Ease
- Try SortMe for easy bank account linking and good expense categorization, especially for KiwiSaver and mortgages.
- Note it can't detect revolving credit accounts, but it excludes transfers between connected accounts.