Discover the Best Australian Personal Budget Software for Your Finances!
The easy way to budget, track and manage your personal finances!
Start Now - Try it FREE!Start Now - Try it FREE!
Simply sign in below (any device) or download the mobile app from the app stores!
* Start Your 14-Day FREE Trial - All you need is a valid email address - No subscription, purchase or credit card required!
If you've read barefoot investor or would like to manage your money like a pro, MoneyFormula will make your life easyand help you save! My experience has been fantastic, and any questions I had, Matthew was able to answer efficiently. Could not recommend MoneyFormula enough!
The Australian
Personal Finance App
Crush your mortgage 
Create smart budgets 
Beat the cost of living 
Pay down debt faster 
Review your spending 
Achieve your goals 
Ditch the spreadsheets 
Break free from your bank 
Watch your wealth grow 
Manage your finances Use the Debt Crusher to pay down debt faster
With the Debt Crusher tool, simply enter the bad debts you want to crush, pick a debt repayment strategy (snowball, avalanche, custom) and the personal finance app will instantly show you when you will be debt free, how much you will save and how to achieve it.
Create smart budgets using simple money flows and buckets
With the budgeting tools simple capture your income and enter your planned expenses and the personal finance app will help you calculate your realistic bucket amounts and your current safety buffer.
Track all your accounts, assets & debts in the one convenient personal finance app
With the personal finance app tools you can track your bank accounts, credit cards, properties, buy now pay later accounts, personal loans, shares & funs, mortgages, cryptocurrencies, investment loans, savings goals, other asset and debts!
As you track everything you own and owe within the personal finance app, the Net Worth, Wealth View and Debt Profile tools will automatically summarise your holdings.
Crush your mortgage with personal finance app planning reports
With the app mortgage crusher tool you can take control of your mortgage, set up a plan to cut years off your debt and find out how much you will save and what it will take to stay on track to beat the bank.
Beat the cost of living with the personal finance spending tools
With the app spending review and budgeting tools you can instantly categorise your recent income and spending, giving you a true picture of your expenses. Compare the amounts to your budget and keep your personal finances on track!
Plan for mortgage interest rate rises before they happen and protect your personal finances
With the app mortgage planning tools you can review the impact of any interest rate change on your mortgage balance so you can plan and update your budget for any situation.
The tools also let you plan for a change in minimum repayments, extra payments, offset account balances and loan term changes so you can make informed decisions to protect your personal finances no matter what happens.
Good Debt, Bad Debt? The personal finance app will instantly identify your debt types
With the app Debt Profile tool you can automatically track your different debt types including bad debt, your mortgage, investment loans and other debts. The personal finance app will show you the total amount owning and minimum repayments required for each type.
Set your personal finance goals and see in real-time when you will achieve them
With the app goal planning tools you can instantly see when you will achieve each of your personal finance goals, whether you are creating an emergency fund, paying down bad debt or crushing your mortgage.
As you adjust your goals and track your progress the personal finance app will provide you with real-time projections of all your goal end dates and amounts saved.
Stay motivated to crush your debt using your personal finance Debt Free Plan
With the app debt free planning tool you see how much you will save using different cash flow plan amounts on your debt goals (bad debt, mortgage, investment loans, other debt) compared to the bank's way of doing nothing.
The personal finance app also lets you set a custom amount to apply to your goals letting you perform what-if planning and help you lock in you next realistic increase to your budget buckets.
Packed with all the features to put you in control of your personal finances.
Banks, Supermarkets and the Cost of living getting the better of you?
Use MoneyFormula to manage your personal finances and instantly discover the thousands of dollars in savings you are missing out on.
Savings of $73,477
Using MoneyFormula, Bob & Jill went from financial crisis to savings of $73,477 within 10 minutes.
Anyone Can Do It!
Just follow the MoneyFormula five step Roadmap to Success video series to get up and running in no time.
... and you will also discover exactly how Bob & Jill turned their finances around in just 10 minutes!
Discover YOUR Savings Today
MoneyFormula
Start Now - Try it FREE!Start Now - Try it FREE!
Simply sign in below (any device) or download the mobile app from the app stores!
* Start Your 14-Day FREE Trial - All you need is a valid email address - No subscription, purchase or credit card required!
What are others saying?
Here is a sample from the HomeMoneyManager Google reviews page. Thank you everyone for the five star reviews and for the kind words. Much appreciated!
I have been using this software for two types of loan accounts; a standard variable mortgage loan and a fixed interest loan. It works perfectly for both loan types and it is easy to use as well as accurate and reliable. I also like to say that the support provided to answer questions was fantastic. Matthew was very helpful and thorough. I am so grateful for his amazing extra help.
I am using Home Money Manager for over 10 years (lost track really) Its an easy to use program and help me keep track of my accounts.
... I can keep right on top of where my money's being spent. I'd be lost without it. I run the software on a MacBookPro and it has been very reliable. On the rare occasion when I've had to contact the support team for some advice, they have been very prompt and helpful. I would definitely recommend you check them out.
"The MoneyFormula app - The best Australian personal finance app to manage your budget and crush your debt!"
Frequently Asked Questions
If I am following Barefoot Investor can I keep using their approach with this personal finance app?
Yes - You can use the MoneyFormula App to track your Barefoot Investor progress.
You can customise budget, money flows and account names to any names you want to use from your User Profile in the app.
Show less
Is MoneyFormula Australian owned, run and supported? and does all my information stay in Australia regulated by Australian laws?
YES - MoneyFormula is 100% Australian owned and is 100% run in and from Australia.
All your personal finance data stays within Australia in top-tier data centres on the East Coast of Australia and all your data is protected by Australian business and data custodian laws.
All support is handled within Australia.
Show less
Does MoneyFormula provide specific financial advice for my individual situation?
No - The information provided by MoneyFormula and HomeMoneyManager is general in nature. It does not take into account your personal objectives, financial situation or needs. Please speak to a qualified financial adviser if you need specific advice on your personal finances.
Show less
Do I have to sacrifice all fun things (or “discretionary spending” as the pros call it) to succeed?
No - One of the three main MoneyFormula money flows and buckets is called “Fun Spending” and it is there so that you keep spending on fun things.
Show less
Is MoneyFormula like one of those personal finance books that promises to “change my life” but after I put it down I forget all about it and, well ... nothing changes?
No - MoneyFormula starts and ends with action. The roadmap to success will show you how MoneyFormula works using Bob & Jill as the example from start to finish; and as you progress through the steps you enter your own information.
The My Checklist on the dashboard helps you enter the correct information step-by-step so by the time you get to the end of the roadmap and the checklist you personal finances will be set up and running and you'll be well on your way!
Show less
Does MoneyFormula start by sucking in all my bank details, categorising all my transactions, and ... just give me lots of numbers?
No - Money and finances are as much about habits and personalities as they are about numbers, so unless you know what you are trying to fix, simply throwing lots of numbers at it probably won't help.
MoneyFormula will help you quickly work out what you want and what you have to do to achieve it, from crushing debt to setting up and emergency fund, budgeting your expenses through to reviewing your recent spending.
As you progress on your path to success the tools will provide you with all the number crunching and real-time answers you need. You can import transactions and balances, categorise your spending and it has great tools to summarise your finances and give you a good overview of what is going on.
However, MoneyFormula isn't about drowning you in numbers, it will help you work out where you are heading and give you the tools to track your progress and stay on track.
Show less
Will you ask for 100 points of ID and then start sending me lots of “great offers” (with lots of fine print) to sort my personal finances by refinancing my mortgage and debt?
No - MoneyFormula is about working with what you have and is not about refinancing your debt. You only need a valid email address to get started (and not 100 points of ID).
From there it will show you the MoneyFormula approach to finances and get you up and running in the MoneyFormula app where all of the hard work is done for you.
Show less
Do I have to track every dollar, give every dollar a job or micro-manage my personal finances?
No - MoneyFormula keeps things simple by using money flows and buckets; and with a focus on achieving goals and crushing debt.
You can dive into the details if and when you need to and track accounts down to transaction level and so on, but it is designed to work just fine without.
It does all the hard work for you and automatically provides you with real-time answers so you always have the latest information at your fingertips letting you concentrate on the more important things in life.
Show less
Does this personal finance app work with iPhone, Android, iPad, Tablet, Laptop, Desktop, iOS, Mac OS X, Windows 8, 10 and 11?
YES - The MoneyFormula App is
designed to work on all modern devices (mobile, tablet, laptop and desktop) and will automatically scale depending on your screen size; so apart from a couple of slight layout changes (menu bottom or side, etc.)
you get the same full version no matter what device you use.
This is great because
you don't have to use a "web" version for some personal finance tasks and the "mobile" version for other personal finance things; the same app means
you can do everything from any device.
You can also
access your personal finance data 24/7 from multiple devices as you move throughout your day (e.g. laptop at home, mobile while out and about, desktop at work, tablet at home, etc.) and the app will share the same data between all your devices so
if you update your personal finance data on one it is available on the others. Show less
Is this personal finance app designed for the Australian homeowner and personal finances or is it an app for financial professionals (mortgage brokers, financial planners, etc.)?
MoneyFormula is 100% designed for the Australian homeonwer to manage their personal finances. It is not one of those overly complex fincial planning products designed for the finance industry that is then also released onto the public.
From start to finish, top to bottom, MoneyFormula is a
mortgage and personal finance app designed to put you in control of your personal finances, that is easy to use, yet extremely powerful.
Show less
Personal Finance App Article Series
Discover the Best Australian Personal Budget App for Your Finances!
OVERVIEW - Personal Finance App + MoneyFormula Australia
Who owns MoneyFormula and Home Money Manager?
Hi, my name is Matthew and I am the author of MoneyFormula and the founder and owner of HomeMoneyManager.
For the past 20 years I have been helping fellow Australian homeowners with innovative personal finance solutions to help crush debt and take control of the cost of living.
I won't bore you with all my details (kids, house, pets, life, etc.) as this is about you, not me, and the exciting journey you are about to go on.
But if you have any questions please reach out to me via the contact section on this site or from within the support pages of the app.
Ok, enough chit-chat from me - let's get to it.
Good luck!
It's time to bring your personal finances to life and take them to the next level
Create your account
All you need is a valid email address and to set a password and you will be signed straight in. Or, if you want to use the mobile app you will need to visit the App Store or Google Play first.
Play with the personal finance sample data
When you first sign in you can try all the MoneyFormula app features with a full set of realistic personal finance accounts and data.
Manage your personal finances
Activate your user account and customise the buckets and money flow names to suit your personal finance needs.
Set up your accounts to see how much you could be saving, set up a budget and review your spending and then find out what it will take to beat your debt.
See for Yourself Why This Is the Best Australia Personal Budget Software for Your Finances!
MoneyFormula
Start Now - Try it FREE!Start Now - Try it FREE!
Simply sign in below (any device) or download the mobile app from the app stores!
* Start Your 14-Day FREE Trial - All you need is a valid email address - No subscription, purchase or credit card required!
PLEASE NOTE: The information in this article is general in nature. It does not take into account your personal objectives, financial situation or needs. Please speak to a qualified financial adviser if you need specific advice on your finances.
MoneyFormulaOverviewTop ArticlesAboutContact