‘Every penny counts.’ We’ve all heard this statement once or twice in our lifetime. If you’re looking for effective ways on how to make your pennies count, then you’re in the right place.
This article rounds up seven of the best money-saving apps on the market today. So, tighten up your belts and get ready to deep dive into the world of thrifty tech!
1. Mint: Master of Budgets
The Mint app is like a financial Swiss Army knife. This app organizes and keeps track of your spending, creating personalized budgets to help you stay on track.
Why Choose Mint?
- Automatic categorization of transactions
- Real-time updates and reminders for bills
- Free credit score
2. YNAB (You Need A Budget): Your Friendly Financial Coach
Instead of just helping you manage your finances, YNAB gives you a fresh perspective about money, greatly helping in changing your spending habits.
What Makes YNAB Stand Out?
- Encourages proactive budgeting
- Offers free classes with live instructors to educate about personal finance
- Connects with all kinds of bank accounts, from checking to investments
3. Chime: A Modern Banking App
Chime is a mobile banking app that offers fee-free banking and helps users save money painlessly.
Reasons to Choose Chime
- Automatically rounds up purchases to the nearest dollar and deposits the difference in a savings account
- No hidden fees
- Quick early direct deposits
4. Acorns: Invest Your Change
If you’re someone who gets overwhelmed by the complexity of investing, Acorns is your solution. It works by rounding up your purchases and investing your spare change in diverse portfolios.
The Benefits of Acorns
- Makes investing easy and automatic
- Offers potential for growth over time
- Provides educational content to boost financial literacy
5. Honey: Perfect for the Shopping Savant
Honey is a must-have for shopping enthusiasts. This app automatically applies coupon codes at checkout to ensure you get the best deal possible.
Why Honey is Sweet
- Finds the best discounts and savings
- Compatible with thousands of online stores
- Provides cashback on eligible purchases
6. GasBuddy: Fuel up for Less
For drivers, GasBuddy can be a lifesaver. This app locates the cheapest gas prices near you, helping you cut down on fuel expenses.
Why Choose GasBuddy?
- User-updated database guarantees fresh and accurate information
- Provides trip cost calculators
- Offers a free fuel rewards program
7. Ebates/Rakuten: Shop and Earn
Last but not least, Rakuten (formerly known as Ebates) gives you cash back for purchases you would make anyway, turning shopping into a more rewarding experience.
The Perks of Rakuten
- Wide range of partner stores
- Offers cashback and rewards
- Informative emails with great deals
Conclusion
With hectic schedules and busy lives, we all could use a little help with managing our finances. These powerful apps can swiftly become your financial allies, helping you save money and even grow your wealth. Allow technology to empower you on your financial journey, and remember, make every penny count!
