Manage Your Dollars With These 8 Apps and You’ll Never Look at Saving Money the Same Way Again
Apps are a beautiful tool. From recipes to journaling, there is truly an app for everyone. One of the best investments you can make is using apps to your financial advantage. Apps are a tool, and when used correctly, can benefit you in ways you never imagined.
While browsing Facebook for hours can be addicting, your screen time is better spent. Apps for saving money, making money, and simply tracking your money has begun to emerge, giving users the opportunity to take control of their finances. These Apps for saving money make saving easier than ever before.
With the right platform, it can even be fun!
With so many free or cost-friendly apps on the market, there is no reason not to give these apps for saving money a try. With the right tools at your fingertips, you’ll never look at saving money the same way again.
The Top 8 Apps for Saving Money – Savings Made Simple.
1. Mint: Personal Finance, Budget, Bills & Money
Mint is a free service provided by Intuit Turbo Tax. Mint brings all your credit cards, debit cards, and bills together in one place, so you know where you financially stand. Mint helps you determine where you can save more money, and what could use a bit more help.
Mint also allows for you to keep track of your credit score, no credit card required. Mint can also show you your net worth and free credit score, complete with tips and tricks on how to improve both. You can set reminders on Mint to let you know when a bill is coming up, so you never miss a payment again.
Made by the trusted Turbo Tax service, this app is highly secured and won’t compromise your data. For an all-encompassing look at your finances, Mint is a great place to start.
2. Your personal bank app
This will vary from user to user, but downloading your personal bank’s app is a must. Having your account at your fingertips is a lifesaver for those sticky situations. With all major bank apps, you can check your balance, transfer your checking and savings accounts, mobile deposit checks, and stay on top of reoccurring payments.
Make sure to check your personal bank app daily to monitor for unusual activity or spot reoccurring payments you can cut from your finances. Your personal bank app will also have contact information for your bank, and personal account information for you, in case you ever need it.
3. Acorns: Invest Spare Change from Purchases
Acorns is the simple solution to micro investing. By rounding up the spare change from your recent purchases, Acorns invests in a diverse set of ETFs. For example, if you spend $3.50 on a cup of coffee, Acorns will invest $0.50 on your behalf.
Acorns automatically rebalance your portfolio, automatically reinvests dividends for you, and ensures a diversified portfolio. If you’re curious about investing or want to invest without all the hassle, Acorns is a fun app for saving money.
4. Qapital: Save Money Automatically Towards Goals
Saving sucks. We have to reevaluate our purchases, cut back on extra expenses… or do we?
Qapital is the ultimate app for saving money.
You set up goals and set a rule, and Qapital does the rest. For example, say you want to buy a $300 bike. You can set up a rule that automatically rounds up every purchase an extra $2, and Qapital will automatically set that money away for you. When your goal is reached, you have the ability to get that bike! You can set up the rules to serve you; you don’t have to spend a fortune on every purchase.
There are no monthly fees, no annual fees, and no minimum deposit. Savings truly made simple.
5. Tip Yourself: Save Money, Saving with Positivity
Tip Yourself is like your own personal tip jar. Every time you do something good, like make it to the gym, resist an impulse purchase, or finish a book, Tip Yourself lets you transfer a “tip” from your checking account into a “tip jar.”
You can tip yourself for any reason. Hopefully, it will be used to build good habits, and help you save for that next vacation! The app is fun and easy and has absolutely no fees. You tip everyone else; now it’s time to start tipping yourself!
6. Credit Karma: Credit Scores, Reports & Alerts
Like it or not, your credit score isn’t going anywhere. Credit Karma gives you an inside look at your credit score and lets you see how it was calculated, so you can make better decisions when it comes to your credit.
Credit Karma does not require your credit card info, it is free, and won’t affect your score. Credit Karma will send you alerts when your score changes, lets you dispute a change if it is incorrect, and provides free information and recommendations based on your history. Credit Karma is the first step you can take to rebuild your credit.
7. Ibotta: Cash Back App, Grocery Coupons & Shopping
Ibotta is an easy cash back app. Ibotta works directly with leading brands and retailers to give you cash back on your favorite purchases, without the use of coupons.
You can use Ibotta before you shop to find cash back rebates. After you shop, you redeem the rebates by sending in your receipt and linking your loyalty card for cash back.
You can cash out via PayPal, Vemno, or choose from a variety of gift cards. Because it works with items you’ve already purchased, there are no additional costs, just savings!
8. Spendee: Budgeting App, Money & Expense Tracker
You may have a general idea of how much you spend on groceries, gas, or bills per month, but what about restaurants, coffee, or cigarettes? Spendee takes your monthly budget and alerts you when you’re going over and gives you recommendations on when you can save. If you’re looking for an app for saving money, this is it.