mobile phone with budget app
Research report
28 March 2019

Budgeting apps

Creating and sticking to your budget can be a headache. Could an app make it easier?

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m s.
09 Oct 2020
What about MyBudgetpal?

Free from my.booster.co.nz.

It uses yodlee to connect to your bank accounts.

Can you confirm in your review about expectations / security risk in providing login details to budgeting apps

Consumer staff
13 Oct 2020
Re: What about MyBudgetpal?

Hi M.,

We won't review any feature that requires sharing of login details (as mentioned in our YNAB review), as it's too risky. We advise against using any such feature.

Kind regards,
Erin - Consumer NZ staff

m s.
27 Aug 2021
Why is sharing of login details (as mentioned in your YNAB review) too risky?

Some third parties are designed exactly for this. Your review needs to include the banks policy and registered third parties in managing this risk. Data integration is expected for any modern app.

Anna R.
15 Sep 2020
Pocketsmith review?

I can see comments suggesting this was reviewed, but I cant seem to find it?
Will it be reviewed soon?
Thanks

Consumer staff
15 Sep 2020
Re: Pocketsmith review?

Hi Anna,

The Pocketsmith app was recently updated, meaning we've had to re-do our review. We hope to have it online by the end of October.

Kind regards,
Frank - Consumer NZ staff

kwkiwi
10 Jan 2020
Quickbooks online

Could you consider reviewing quickbooks online, global edition. It is a competitor to Xero cashbook and much cheaper if you want the multi currency and budgetting functionality. thanks

Consumer staff
13 Jan 2020
Re: Quickbooks online

Hello kwkiwi,

Thanks for the suggestion, we’ll consider reviewing them. These apps are designed more for accounting purposes than household budgeting so any review of them would be very limited compared to the features they offer.

Kind regards,

Erin - Consumer NZ writer

Vicky H.
18 Nov 2019
PocketSmith personal finance app

I am wondering when you anticipate the review being finished on this product? I am thinking about purchasing a subscription for PocketSmith but would be interested in reading your review first.
Thank you.

Consumer staff
22 Nov 2019
Re: PocketSmith personal finance app

Hello Vicky,

Our review of Pocketsmith is still in progress and we hope to have it online very shortly.

Kind regards,

Natalie - Consumer NZ staff

Ian & Janet W.
18 Aug 2019
PocketSmith personal finance app

Has this been reviewed yet? I see a comment saying the review will be available online in April 2019 but I cannot see it.

Consumer staff
21 Aug 2019
Re: PocketSmith personal finance app

Hello Ian and Janet,

Thanks for your interest. Our review of Pocketsmith is currently in progress and we hope to have it online within the next two months.

Kind regards,

Natalie - Consumer NZ staff

kwkiwi
14 Apr 2019
pocketsmith and xero cashbook

Hi It would be great if you can trial and report on Pocketsmith personal finance app and xero cashbook ($15 per month plan) which has integration with Sharesight app.
Also can you comment whether these apps offer investment tracking, foreign currency and customisable reports. Thanks

Consumer staff
15 Apr 2019
Re: pocketsmith and xero cashbook

Hi kwkiwi,

Thanks for the suggestions. We’re reviewing PocketSmith at the moment and the review will be available online next month. We’re currently only reviewing the apps based on their ability to report on everyday spending including savings and credit cards.

Kind regards,

Natalie - Consumer NZ staff