With the excess of Christmas now behind us and the new year fast approaching, it's time to take on the dreaded task of looking at your finances. Like most of the UK, they've probably taken a bit of hit over the festive period. And many of us were even paid earlier than usual before the holidays, which makes January seem like a very long month. However, there are plenty of apps for smartphones, including Apple iPhones, that will help you keep track of your finances and even help you save money. Here's five of our favourites

Budget Wise

This app helps you keep track of where your money is going. You can input any income and all your outgoings to monitor just where your hard-earned cash is being spent.

Prices UK

Prices UK lets you search for products and compare prices in over a hundred different UK stores, ensuring you spend as little money as possible.

MoneySave Debt Calculator

This app asks you to fill in a simple questionnaire before assessing your finances in the form of a report, which also contains advice and guidance on any areas that appear problematic, or could be very soon.

UK Tax calculator

Make working how much tax you should be paying simple with this app, which supports tax year calculations for 2011/2012 and 2010/2011

iLogfuel free

Monitor the fuel consumption of your vehicles with this free app http://itunes.apple.com/gb/app/ilogfuel-free/id320946641?mt=8 . It'll give you a detailed analysis of miles per imperial gallon, consumed imperial gallons per 100 miles, fuel cost per litres and fuel cost per 100 miles on Urban, Combined and Extra Urban cycles.