Give your hip pocket a helping hand with these smartwatch apps to help you manage your finances.
The old saying that money makes the world go round is truer today than ever before. No matter where you live and what you do for a living, the importance of looking after your financial well-being can never be underestimated.
And while smartphone apps have changed the way we manage our money in recent years, there’s a new and exciting wave of finance apps for smartwatches that could further transform our approach to our bottom line.
What are finance apps for smartwatch?
If you own a smartphone or tablet, chances are you’ve downloaded a wide range of applications, or apps, to help improve the day-to-day functionality and usability of your device. With the rise of smartwatches, there’s now an ever increasing number of innovative and unique apps that can change the way you use your wearable tech.
While these apps are quite similar to those you use on your tablet or smartphone, they have been specially designed for smartwatch use and are available from different app stores. For example, people looking for Pebble smartwatch apps can go to the Pebble appstore, while those looking for Sony Smartwatch apps or apps for the Smartwatch 2 can find what they’re looking for in the Google Play store.
From bank-based apps to help you perform transactions to clever tools to help you stick to a budget, there are a range of ways in which your smartwatch can help you manage your money.
What are the best finance apps for your wearable?
Do you want to know how your smartwatch can improve your financial well-being? Check out these five great finance apps for smartwatches.
|Finance App||About the App||Compatibility||Purchase|
|Invoice2go||This is a great tool for contract workers and small business owners, allowing you to track your working hours and quickly and easily create invoices.||It is available for the Apple Watch from Apple’s App Store.||Buy Now|
|CommBank||All major Australian banks want to make it quicker and easier for you to manage your money, and CommBank’s app lets you check your balance, locate an ATM, and make an ATM withdrawal without using a card.||Compatible with Android and iOS watches, it will soon be available from Google Play and Apple’s App Store.||Buy Now|
|Moven||The Moven app provides in-depth analysis of your recent spending activity. This will hopefully help you make better choices every day about how you spend your money.||Available on the Motorola 360 and Samsung Gear smartwatches.|
|PebbleBucks||Are you addicted to coffee? This clever app for Pebble smartwatches, available from Pebble’s appstore, allows you to pay for your coffee with a barcode on your watch display.||Pebble smartwatches, available from Pebble’s appstore.|
|My Budget Book||This practical app allows you to keep track of your expenses and income. If you have trouble sticking to a budget, My Budget Book can help you get on top of your finances.||Get it from the Google Play store for smartwatches running Android 2.1 and up.|
Frequently asked questions
Can I manage my bank account through my smartwatch?
Quite possibly. Many major Australian banks, including CommBank and St George, offer apps that allow you to manage your day-to-day finances. Check with your financial institution to see whether they have an app you can use.
Can I pay for goods via my smartwatch?
Yes, you can do so through innovative apps, such as the PebbleBucks example managed above, or by downloading an app for a payment system such as PayPal.
How do I know which smartwatch to buy?
The smartwatch section of the tech market is undergoing rapid expansion at the moment and there’s more competition than ever before. In order to find the right watch for your needs, consider the features you want, the available apps, the style of different watches and the amount you can afford to spend.
Are there apps to help me stay up to date with financial news?
Yes, there are several apps available to help you find out the latest news in financial markets, including share prices, foreign exchange rates and much more.