People are exceedingly great at spending money on just about anything, from expensive cars to daily Starbucks coffees. However, when it comes to saving money, we tend to get a little stingy. Luckily, there are more resources available for saving money than ever before, especially in the form of apps. There are dozens of popular budgeting apps to choose from that track your spending and make it easy to put money away each month. Here are a few popular options to get you started.
Acorns
Acorns is an excellent app for saving up money on purchases. It works by linking directly with your credit card and rounding up the change on each purchase the card is used for. The rounded change is then deposited into an investment account for you, allowing you to save up your money without giving it a second thought. The app is available on iOS and Android and costs anywhere from $1 to $3 each month.
Mint
This app is amazing for overall budgeting. It organizes each transaction automatically based on present categories that you have created, allowing you to view purchases as they happen. This lets users identify where a majority of their spending is going, and Mint even gives you suggestions for budgeting based on them. All credit and bank accounts can be linked easily, and thanks to the app’s security measures, you won’t have to worry about your money falling into the wrong hands. The app is available on iOS and Android. The best part? It’s completely free! This makes it a top pick for those that aren’t looking to pay extra for a budgeting app.
YNAB
YNAB—or, You Need A Budget—is ideal for partners or roommates that share a budget. With this app, you will be able to instantly view the spending habits of both yourself and your partner or roommate. This app also comes with online workshops that teach you all about budgeting and the techniques you can implement to get better results in the process. It’s available on iOS and Android, plus you can even pair it with your Alexa device to make access even easier! However, because of its extra features, it does cost $7 a month, or $84 a year.
Reap the Rewards
By utilizing these handy budget apps, you’re guaranteed to save more than ever thanks to a reliable budget. You’ll be able to use these savings in any way you please, whether that means going on a vacation, updating your bathroom with a zero entrance shower, or simply depositing your savings for a rainy day. Download one of these apps and get to saving!
