There’s an app for just about anything, and nowadays that isn’t just the start of a punchline, it’s the truth. From games to photo editors, movie makers to day-planners, there is quite a variety out there. It’s only natural, then, that there are apps that can help you manage, save, and invest your money wisely! Every penny counts, so start pinching with the following apps.
Digit is an awesome app that analyzes your spending habits, observing for a while to get an idea of your monthly expenses and what you can afford to save. Once it has calculated that information using its advanced algorithms, Digit automatically makes small transfers it knows you can afford to its savings bank. It’s easy, effortless, and you try it free for 30 days to see how much it can save you!
Acorns is another money-saving app, but with a different flavor. You can easily set up “Round-Ups” which round up your purchase totals to the next dollar amount and deposit that extra coinage to your savings, or you can set up a monthly investment of $5 or more. You can even earn “Found Money” by shopping with one of Acorns’ many partners. By making a purchase with a partner, the retailer will deposit an agreed-upon sum of money into your account. Any saved money can be invested with the Acorns app.
Qapital is an app that utilizes some similar features that Acorns does, such as the “Round-Ups” savings, but it also allows you to set other goals and rules for saving for yourself, allowing for a more customizable feel. While it does not invest any of the funds, it is a great app for allowing passive savings to accumulate nicely. See also: 5 Apps That Actually Make It Fun to Save Money.
This app is less involved in setting up deposits and much more focused on budgeting. Like Digit, Mint will begin by monitoring your spending habits to get a feel of what your monthly bills are, what else you’re spending on, the various categories of where you’re spending, and where you could afford to be more mindful with your money. You can create budgets, track bills, and even check your credit score!
SavingStar connects you with your most commonly used grocery and retail stores, and then shows you all available rebates up for offer in the store at any given time. Simply link your store cards to the app, use them at check out, and the rebate savings are added to your SavingStar account. Once your account hits $20 or more, you can withdraw the funds through your PayPal account!