Every time you look at your bank balance, do you constantly find yourself holding your breath beforehand? Are you always squeezing pennies before payday? Before you get rid of your tab, smartphone and data plan on it in an attempt to live a more economical lifestyle, wait and take a quick look at some of the mobile applications that can help you save money. The apps below will make budgeting and cash stretching convenient, and sometimes even fun. Now, you can have that little extra saved to spend on things to treat yourselves with such as a SPA, a weekend getaway, a posh meal out or even a cosy night on your mobile to challenge your luck on gambling in related casinos.
Having this app is like having that savings-savvy, money-conscious friend that you can always reach on Facebook messenger for reminders and financial advice. Plum is basically a chatbot virtual assistant that can analyze your spending as well as help set saving objectives and ensure they’re met. All this it does via Facebook messenger. How cool, no?
This app collects all your investment and banking information and then puts it in one place. it does this so that it can provide you with and easy-to-digest overview of all your finances. It has the ability to track your payments, bills and other financial transactions whilst still setting some saving objectives you can concentrate on. In addition to providing you with all your data, Mint can also detect credit scores and display them on graphs accompanied by actionable improvement tips.
Groupon is very popular in the US market and it’s almost even a household name of sorts. However, it also has a huge impact in other parts of the world as well, and with good reason. It offers its users so many coupon deals for everything from cultural experiences to restaurant meals. Using this mobile app is absolutely free. If you want to get a discount using a Groupon coupon, all you’ll need to do is show it when paying for your chosen service or product.
Acorns is a popular investing and savings app on Android and iOS devices. After the app connects your bank cards and accounts, it rounds up to the nearest dollar, all your financial transactions. The difference is then placed into your user account. The loose change here is then invested back into 1 of 5 Acorns-managed portfolios of your choice. All the investing and saving is fully automated in the background after you’re done with the initial setup. This is what makes it perfect for those that have trouble getting themselves motivated or those that constantly forget to stick to the saving goals.
Before you make any major financial decisions, it’s still a very good idea to seek the advice of a financial advisor. With that said, that doesn’t mean it should be your only recourse. There are plenty of applications that can effectively help you manage your savings. It can literally be all in your hands. Hopefully, this article has shown you how you can make this happen. That mobile device you mostly use for entertainment can be turned into so much more. Let it become the financial adviser you’ve always dreamed of.