In these difficult times, people have either become accidental savers with fewer expenses or finding their debts escalating out of control. While some factors affecting financial well-being are beyond an individual’s control, understanding financial knowledge and money management can help people through difficult times or times of prosperity.

Therefore, we would like to recommend the MoneySkills app which has been created by researchers from the Centre for Business in Society (CBiS) at Conventry University. The app combines practical tips and step-by-step guides to help you manage your money and reach your financial goals.

It has the following features:

• Goals tool that will help you set and track your financial goals
• Ezines that are short and easy to read
• Explainer videos that will teach you how to budget, set goals, save money and more
• Interactive budget planning tool

What’s more, this app is FREE and is available to download from the App Store or the Google Play Store.

For more information, you can visit their website.