All of us want to save money but only a few succeed. Our budget and expenses usually go beyond our earnings and instead of saving, we end up with debts.
Are you also among the people who wish to save money but couldn’t do this? Well, money-saving is not a troubling task now. You have many options like cutting your extra expenses, making budgets, and saving goals. But still, if you find that your budget is too tight to save money, here are the top 7 apps for you that will help you in saving money no matter how tight is your budget. Let’s have a look:
Top 7 apps for saving money
Here is the list of these 7 apps and brief information about each.
- Digit: An amazing friend to help you reach your saving Goals
If you are not sure how much money you should keep aside as the saving each month, download Digit App on your mobile. You have to connect your bank account with it and then set your saving goals. It will analyze and calculate your earning and expenditure habit and decide on a saving amount. Automatically, the money will be transferred to its FDIC-insured Digit account. You can check on your savings anytime.
This app is best for those who find it difficult to figure out how much they should save. This app is free for the first month and then charges $5 each month.
- Acorns: Piggy Bank for you
This app allows you micro-investment along with pilling up your money. You can download this app and link our accounts, credit cards, and debit cards with it. Its round-up feature is like a virtual piggy bank for you, it will round up your nearest dollar and deposit the change in the acorn account.
It also allows you to warn the cashback. This is best for those who are interested in investing their savings and willing to take a small risk. It charges you $1 per month for an account balance below $1 million.
- Qapital: Let the fun of saving began
Can you believe that savings can be fun? Yes, the Qapital app is there for making your savings journey enjoyable. You have to download this app and link up your account. Set your saving goals and rules too.
For example, if you want to save for some trip, set qapital to transfer $10 every time you hit your goal step.
It is best for those who love challenges and want to enjoy goal setting as a game. It will cost you $3 each month with a 1-month free trial.
- Twin: Saving App for couples
If you want to save for some joint goal with your partner, the twin app is for you. if you want to buy a house or want to go o a trip or anything, Twin will help both of you work together toward saving the amount.
There are 2 options available, First to save in a free joint account with a 1.05% variable interest rate, and second, to invest your money and earn interest.
For this, you need to create a twin account with your partner and link your bank accounts. Here, set your goals and month saving amount.
It is best for those couples who want to save together and it will charge you nothing.
Conclusion
Saving is tough but not impossible. If you are not capable of making your saving goals individually, take help from apps. But try to save something. It will help you in the future.