It's one thing being socially savvy, but staying penny-wise can be more challenging.

If you need help managing your personal finances Qapital can get you on the sensible straight and narrow.

Mobile money

This new app is designed to help users manage their finances and set up targets based around your broad life goals.

You begin by linking to your bank account, then entering your spending habits and adding a list of your "must-haves" and "nice-to-haves".

Qapital then shows you how your spending impacts your broader financial health, and lets you automatically set aside savings for your goals. All transactions offer bank-level security.

Add-ons

The app also lets you set shared financial goals with friends, family, colleagues and partners.

Qapital is even launching its own Visa Debit Card later this year, while uses get an additional discount if they chose to save with partner banks.

If you'd like to start saving your virtual pennies visit qapital.com.