All eyes are on the economy and rising prices as we continue to feel the impact of the pandemic and world events. Finding different ways to save money to pay for household items across the board, is more important than ever.
Some of the best ways these days are the many savings techniques and tools available on Smartphone apps.
Apps are a beneficial choice due to their availability, and easy-to-use format. Each money saving app has their own style and strategies, but each is designed to help you get into the habit of saving – without overthinking it, for free.
4 Money Saving Apps:
- Long Game redirects some of the money you may spend on lottery tickets into savings. This is called prize-linked saving – the more you save, the more chances you have to play games and win more cash.
- Chime offers bank accounts that include auto-saving features. Each pay period, it can assist you in moving a percentage of your paycheck to your savings.
- Current offers a variety of financial health tools through a mobile banking app. Customers can set savings goals (like a vacation fund), and set money aside for that chosen goal.
- Mint gives you the option to connect, organize, and monitor all your bank accounts in one place. You can set up bill and subscription notifications to improve your spending.
Financial Tech companies take multiple security measures to protect your data, so you won’t have to worry about privacy issues when linking your bank accounts to these apps.