In today’s digital world, managing your finances as a migrant is easier than ever. Whether you’ve been overseas for years or are just beginning your journey in a new country, there’s an app to help with just about everything. Here’s 6 must-have apps to help you manage your finances, from anywhere!
OrbitRemit – Online money transfer
For those making international money transfers, OrbitRemit has your back! Our user-friendly app allows you to make fast, secure and efficient transfers with competitive exchange rates and low fixed fees. With features like real time tracking, currency conversion and the ability to schedule recurring transfers, OrbitRemit provides a perfect solution for sending money overseas.
Download OrbitRemit on the App Store or Google Play to start sending money home effortlessly!
Frollo – Budgeting
Frollo is an Australian fintech company that goes beyond traditional budgeting. This handy app uses artificial intelligence and open banking to analyse spending habits and provide personalised insights. Frollo can bring together your bank accounts, credit cards, loans and investments into one simple interface so you can better monitor your spending.
With real time alerts and notifications (e.g. upcoming payment reminder), Frollo can help migrants to make informed decisions in their new financial environment. Not to mention, you can set up weekly and monthly challenges to incentivise saving money!
Beem – Cost splitting
Say goodbye to bill splitting nightmares! The Beem app makes sharing and settling expenses with your friends and family simple. With a user-friendly interface, you can easily track expenses, split bills and settle any debts.
Beem also allows you to integrate various payment methods, making it a great tool for migrants navigating shared living arrangements and social events. In a group setting, Beem will keep track and calculate who owes what, allowing you to settle the balance when it suits, either in app or outside of it.
Australian Taxation Office (ATO) – Tax management
For migrants in Australia, the ATO app is an important tool for staying compliant with tax obligations. It provides easy access to a range of tax services, including tax return status, updating details and receiving notifications from the ATO.
Useful features like the tax calculator and key date reminders can help migrants to navigate the Australian tax system easily from their phone.
Cashrewards – Cashback shopping
Cashrewards is an excellent app for optimising everyday spending. By linking debit or credit cards to the app, users can earn money back on purchases from any of their partnered retailers (you’ll find a list of these in the app).
Covering a wide range of shopping categories, Cashrewards is an easy way to earn rewards simply by going about your regular shopping. The app also offers special promotions and bonus cashback opportunities – a valuable addition to your financial toolkit!
Your personal banking app
It may seem like an obvious one, but let’s not forget the power of in-app banking. Every major bank in Australia has a mobile app, where customers can check account balances, track transactions and set up alerts.
With so many useful features right in the palm of your hand, using your bank’s app is a great way to manage your day to day finances. Embrace the convenience and security that your personal banking app provides, and stay on top of your money as a migrant on the move!
As you can see, there’s an app for every aspect of financial management. Using them has the ability to make managing your money much easier and more efficient. So, enjoy using these tools to make the most of your money!