Your 2023 Guide to Money-Saving Apps
We're sure you've heard it all before… "Save money. It's essential for your future." But, let's face it - it can be hard. For many of us, school didn't exactly give us a crash course in financial planning 🚌
But good news, it's 2023 and we live in an age where apps for saving money can become our financial sidekicks, helping us navigate the money maze. We've rounded up a list of apps for saving money. All you need to do is find the one that best suits your financial style 💅
1) Cleo: Your AI-Powered Financial Assistant
Let's kick off with Cleo, an impressive example of how artificial intelligence can assist with money management (if we do say so ourselves). You might be wondering, "What makes Cleo stand out among the apps for saving money?" Well, Cleo's artificial intelligence system tracks your spending habits and helps you to budget your money effectively.
Cleo evaluates your income and spending habits, categorizes your expenses, and provides you with a tailored budget that suits your lifestyle.
How can Cleo help you save?
Cleo's got your back. She can help you to customize your savings goals, build your emergency fund, and you'll also get access to four savings tools. All for free.
📱 Autosave: Building up your emergency fund has never been easier. Thanks to our Autosave feature, Cleo can tuck away small amounts each week without you even lifting a finger. It's like putting your savings on cruise control.
📱 Personalized Savings Goals: Got a dream vacation in mind? Or maybe a new bag you've been eyeing? Just feed in your savings goal, decide the total amount you're aiming for, and set your target date. Cleo will handle the rest.
📱 Savings Tools: Choose from Set & Forget, Swear Jar, Autosave, or Round Up. With the Round Up tool, Cleo works its magic by rounding up your purchases to the nearest dollar, then siphons off the difference straight into your savings. It's giving savings with a sprinkling of pixie dust 🧚
📱 Hassle-free Withdrawals: Money running a little tight this month? No worries… Just type "withdraw" into the chat, and Cleo will guide you straight to your Wallet. It's like having an ATM right in your pocket.
Mint helps bring everything together from spending, balances, and budgets to your credit score and more. With Mint, you're able to access your finances in one app.
You can easily connect all your accounts… From cash and credit loans and investments, you'll be able to see your complete financial picture.
Mint can also help you stay on top of your accounts, bills, and subscriptions. You'll also get notified if your subscription costs increase and when your bills are due.
To get started, you just need to download the app and securely link your accounts.
For anyone who’s not into traditional banking, meet Chime.
When you enable the Round Ups feature, each time you use your Chime Visa Debit Card to make a purchase, they'll round up the transaction amount to the nearest dollar. The round up amount then gets automatically transferred from your Checking Account to your Savings Account.
For example, if you spending $10.27 using your Chime Visa Debit Card, the total amount charged to your Checking Account would be $11, and the round up amount of $0.73 will be automatically transferred to your Savings Account.
Investing might sound like something only for the Wall Street whizzes but with Acorns, investing might not be that hard. With each purchase you make, Acorns rounds up the transaction to the nearest dollar and invests the difference. Every purchase you make means an opportunity to invest your spare change.
For example, if you spend $3.25 on your coffee, Acorns can round the purchase up to $4 and invest the $0.75. We love to see it.
Embrace Your Financial Sidekick
These apps for saving money have revolutionized the way we handle our finances. Gone are the days we have to learn Excel formulas. They allow us to have better control over our money, helping us budget, save, invest, and understand our spending habits.
So, what are you waiting for? Pick your financial sidekick and embark on your money-saving journey today. Saving money doesn't have to be a chore. With these apps, it can be interactive, enlightening, and even kinda fun 🙌
Enjoy this post? Give it a share or send it along to a friend. You never know, it could make a big difference. Big love. Cleo 💙