Starling presents all your daily spending and income in a circular pie chart. Starling BankĪnother popular choice out of the online banks, Starling has been around since 2017. Monzo will send your salary straight into your account the day before it is set to come in, tiding you over if payday ends up a little late. In addition to budgeting, Monzo can also give you an advance on your paycheck before you get actually paid. Monzo allows you to set spending limits on every category of your spending and keeps you within budget. Monzo offers high quality, category-based budgeting, separate spending pots and smart alerts. The daddy of the sleek online banks can be easily recognised by their unique coral coloured cards. In addition to budgeting, online banks usually give you a suite of other useful features that often make them a much more attractive option compared to traditional high street banks. Banks such as Monzo and Starling Bank offer advanced budgeting features right inside your bank account. You don't always have to reach for a different app for budgeting an irregular income. Budget your irregular income with a new current account While it has none of the fancy features as the previous two apps, and the black and white dashboards can come off as a bit boring, Money Dashboard is a simple, smart and effective tool to budget your money. It also lets you create custom budgeting categories - which is not available in Yolt, and only available in the paid Emma Pro app. This way you can get a swift overview of all your money and assets. Secondly, they let you connect all types of investment and savings accounts, as well as add manual accounts. So, if you would rather see your numbers on a bigger screen, here’s your chance. First, it is not just a mobile app - they also have a web-based platform. There are a couple of remarkable features which make Money Dashboard stand out. Launched in 2010, they have managed to stay on top of their game throughout the years and provide a great tool to keep track of your money. Money Dashboard can be considered one of the pioneers of digital money management. It also helps you manage your upcoming bills and find you cheaper deals. You can set, control and track your budgets, and get alerts when you are reaching your pre-set limits. You can also add different tags like #holiday to connect those expenses which might not have ended up in the same category. It automatically categorizes your expenses, and shows where you spend most. Yolt let’s you connect all of your accounts, analyzes your data and gives you deep insights. While Emma makes budgeting easily digestible, Yolt gives you deep insights and smart charts to know at a glance how you earn and spend. Over half a million people can’t be wrong! Yolt clearly comes out on top as a handy budgeting tool. Emma allows you to set budgets based around your payday, as opposed to on a month to month basis like many rival apps do, making it perfect for an irregular income. Don’t receive income on a set monthly basis? No worries. This feature works great if income dips up and down, or comes in at various intervals. It suggests when these limits should be increased or decreased based on an analysis of your income and spending over time. Emma allows you to set limits on spending for every possible category, be it transport, groceries or entertainment. However, where Emma truly gets clever is its flexibility. Your daily spending is automatically tracked and sorted into categories. To achieve this simplicity, Emma presents your budgets and spending in a social media style ‘feed’. EmmaĮmma aims to make budgeting a friendly, enjoyable and accessible process. These applications do not require you to set up any new current accounts and instead, work with the accounts that you already have. Let’s start with three applications that help you to budget an irregular income. Best budget apps for irregular income with an existing current account
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