Everyone has the ability to build a savings habit. If you set aside a few dollars a week, you can make a difference over time. There are a lot of money saving apps that we can use to make it simpler. You can set aside money for your future financial goals with these apps.
The type of app that works best for you depends on your current financial position and your goals. The right app could make a significant difference in your financial success, so it’s important to consider all of your options.
- Automated Savings Apps
- Investing Apps for Long-Term Savings Growth
- Cash Back and Coupon Apps to Save Money
- Money Savings Apps to Help Cut Your Expenses
skip down to see all the best money saving apps
17 Best Money Saving Apps
Here are the best apps that help you save money:
- Chime
- Digit
- Qapital
- Twine
- Robinhood
- Acorns
- Stash
- Public.com
- Capital One Shopping
- Ibotta
- Trim
- Hiatus
- Steady
- Rocket Money (formerly Truebill)
- GetUpSide
- Shopkick
- RetailMeNot
Automated Money Savings Apps
One of the best-automated money savings apps will transfer money from your bank account to your savings account at a rate that you approve, making your life a little easier. You can save money by having it ready for when you need it.
1. Chime
Chime is a free mobile banking app that comes with a debit card and offers various features to help you save more as an online-only bank.
You can round up your purchases or transfer spare change into a savings account. Automatic transfers from your checking account to a savings account can be set up so you don’t have to think about it. You can get your paycheck two days earlier by setting up direct deposits.
The card has attractive features. If you use your debit card to make purchases, you can often get cash back rewards. You don’t have to pay extra fees if you use your card abroad.
There is no web version for the app.
Learn More:
2. Digit
If you can’t figure out how much you can save, Digit will analyze your spending habits and allocate a certain amount to your savings. The amount you are saving will be adjusted by Digit.
There is no risk of being left with no cash for the basics if the app knows you have spare money to save. The whole process of saving money is stress-free because of this.
After you sign up for a free trial, the monthly price is $5. You will be charged $5 every month if you keep the subscription after the trial period.
Learn More:
3. Qapital
Qapital helps you to save and make the most of your money by setting goals and rules. You can set up automated savings plans and track your progress along the way. There’s a The feature divides your commitments between spending and saving. The Payday divvy feature makes it easy to manage your finances and make sure you have enough money for both spending and saving.
Money Missions are fun challenges designed to give you insight into smart financial investments. You can feel confident in your financial decisions if you understand the basics of personal finance.
You can use Qapital’s pre-built portfolios, which are tailor-made to the timelines and amount you input, if you want to invest too. The portfolios are designed to help you reach your financial goals quickly.
You have to pay a fee to use the card for spending, but you can use it for online purchases and transfers for free. It’s important to consider whether the benefit of having a debit card outweighs the cost. Depending on the level of resources you want access to, the app will cost $3, $6, or $12. You can pay with a credit card.
Learn More:
4. Twine
Twine is unique because it helps couples to invest and save together. It makes sense to manage your finances together if you are in a relationship because you are likely working towards joint saving goals, such as a holiday or property. Communication and compromise are important when it comes to joint finances.
The added bonus of accountability is that both individuals can contribute to the goals and track their progress.
You can choose to either hold savings or invest the money, and joint savings accounts have an interest rate of 1.05%.
SIPC protects investment accounts for up to $500,000, while savings accounts are insured for up to $250,000. It is important to understand the differences between savings and investment accounts in order to protect your assets.
Money Saving Apps to Help Grow Your Money
If you have an emergency fund in savings already and are looking to further grow your account, try an easy-to-use investment app:
5. Public.com
You can own shares in companies you believe in for free with Public.com. You can invest with confidence in the companies you love with Public.com.
Public has a social layer that provides transparency.
You can use the app to learn about new companies and stocks. The latest stock market news and trends can be easily found in this app. Investing is a complicated subject, so if you are not familiar with it, you can easily see what others are doing as a useful way to learn. Everyone’s financial situation is unique and what works for someone else may not be the best option for you.
Public.com is free to download and can be found on both Apple andAndroid devices. It’s easy to use and has been designed with user experience in mind, making it a great option for investors of all levels.
Learn More:
6. Robinhood
This investment app takes its name from the historical figure who stole money from the rich to give to the poor; that’s because Robinhood makes investing more accessible to the masses.
You will be able to access commission-free investment, which will allow you to transfer wealth from the investment managers to the investors. Stocks, funds, and options are all exempt from fees, even when buying cryptocurrencies. They have no physical locations and all investment management is manual. Their services are more cost-effective for customers because of this.
If you want to access learning resources to help you make more informed decisions, you will need to pay fees. It’s important to consider the cost against the benefits before making a decision. Going ‘Gold’ (the name of the premium version) demands a monthly fee of $5 or more, but you’ll also get a free stock.
Learn More:
7. Acorns
Your spare change will be rounded up and placed in an investment account if you use yourAcorns card.
Depending on the amount of risk you are willing to take for a high yield, you can create a portfolio that is more conservative or more aggressive. Diversification of your portfolio is important to maximize returns and minimize risk. Acorns portfolios are made using ETFs from companies like Vanguard and BlackRock.
Acorns Later can help you save for retirement, at the cost of $2 a month, while Acorns Spend is a checking account you can open for $3 a month. The basic cost of Acorns is $1 a month and will make your life a lot easier with automatic savings. A variety of services are offered by Acorns to help you invest and save more money.
Learn More:
8. Stash
If you want an all-in-one money management app, Stash is a great place to start. It’s easy to manage your finances with the intuitive design of Stash.
You have probably heard of stock-back rewards, and hopefully, you are already taking advantage of them, but what about stock-back? Stock-back is an innovative new way to earn rewards by investing spare change from your purchases into a diversified portfolio of stocks and funds. When you use your Stash card, you can earn stocks and funds back. You can invest and grow your money with Stash.
You can open an investment account for $5. You can make the most of your investment with the right strategy. Stash offers micro-investments, which makes it a good place to start for those who don’t have much to invest or want to test the waters first. There’s also a A feature to automate investments.
The chance to be paid two days early is included in the accounts. You can track your spending through the app. There is a monthly fee of $1 for all the basic features, $3 if you want tax benefits for retirement investing, or $9 if you want two investment accounts for your children and a debit card with double Stockback, as well as a monthly markets insight report.
Learn More:
Cash Back and Coupon Money Savings Apps
Utilizing cash back apps and coupon money savings apps can help you save money on your everyday purchases, freeing up more money to add to your savings account.
9. Capital One Shopping
Capital One Shopping has a free browser extension that compares prices when you shop online.
Capital One Shopping will search the internet for better deals and coupon codes when you add items to your cart. Capital One Shopping has coupon codes that you can use to save money.
You can save money by following the links to other retailers that have a better price. The Capital One Shopping app can be used to shop at brick-and-mortar stores. You can get cash back on your purchases with the app.
Learn More:
10. Ibotta
Ibotta is a cashback app that lets you earn points in three main ways, shopping online, scanning receipts, and using Pay by Ibotta in-store to get instant cashback by presenting your discount code to the cashier
There are over 140 retailers that the app covers, including groceries, clothing, and travel. It’s easy to find the best deals for your needs. If you download the free app, you can earn points to redeem for cash. You can track your rewards and savings on the app for an easy overview of your progress.
Learn More:
11. GetUpSide
GetUpside gives people real-time, personalized cash back offers at gas stations, grocery stores and restaurants through its free mobile app. GetUpside makes it easy to save money on fuel, food, and drinks. Save up to $0.45 per gallon by using the code MM20 to receive a bonus on your first gas receipt. Don’t wait to take advantage of this great deal, it’s only valid for a limited time.
Next Steps:
12. Shopkick
Shopkick gives you points when you shop in-store or online.
You can use the points you earn for either PayPal withdrawals or gift cards for retailers like Amazon, eBay, or Target.
Ways To Earn Kicks:
- Scan the barcodes of items to find out if they have any rewards, then submit your receipt when you are done. You can use the store loyalty app to get even more rewards. You will earn points for each scanned item. These points can be used for rewards.
- Link a Credit Card: Alternatively, you can link a credit card with your Shopkick account to earn points automatically, which saves time. You can earn Shopkick points when you shop online.
- Once you download the Shopkick app, you can check into locations and find tailor-made deals. It’s a great way to save money on your purchases, because these deals can be redeemed in-store. Extra points can be earned from checking into locations, so don’t forget to keep your phone switched on. You can increase your chances of scoring quickly by doing this.
- You can earn more kicks by watching videos on the Discover tab of the app. If you want to maximize your chances of earning kicks, you can watch videos as many times as you want.
Learn More:
13. RetailMeNot
RetailMeNot is one of the biggest sites on the web for finding coupons, discounts, and promo codes. The main part of the site has coupons for nonessentials like clothes and restaurants, but there’s also a The everyday section of the website is geared towards everyday items. You can save money on items like apparel, electronics, and home goods if you shop at RetailMeNot Everyday.
There are a lot of additional features. The product is one of the most versatile on the market. Rxsaver helps you to save money at the pharmacy, there is an online community to read feedback on offers, and a newsletter that updates you on the latest coupons available. It can help you save up to 80% on your medication costs.
It’s easier to find offers on the go with RetailMeNot’s dedicated app. You can download the app for free to access the latest deals.
Money Savings Apps to Help Cut Your Expenses
I’m pretty sure that I’m not the only one who signed up for a free trial and forgot about it. It’s easy to get caught up in the excitement and forget about the small details. You were billed for it three months later and never used it. I was taken advantage of by this unexpected surprise. Money-saving apps can help you monitor and cut expenses. With the help of these apps, you can make more informed decisions about your spending and work towards your financial goals.
14. Trim
Similar to Truebill, Trim negotiates down bill prices and cancels subscriptions. The mission of Trim is to help people make smarter financial decisions by providing them with the tools they need to save money and manage their spending. Tracking your spending is one of the features that can help you save money. Budgets and alerts can be set to help you stay on track.
Trim’s Simple Savings transfers a portion of your earnings into savings. Simple Savings makes it easy to save for the future. You can get advice on how to trim down your debt so that you can save more money. Creating a budget and tracking your spending can help you stay on top of your debt and ensure that you are sticking to your financial goals.
Trim takes a cut of any savings it can negotiate for you, but it is slightly cheaper at 33%. You can save even more money by using Trim’s bill tracking and subscription canceling services. Bill cancellation, budgeting tools, and text alerts are all free services.
Learn More:
15. Hiatus
The Hiatus app claims to have “harnessed the latest breakthroughs in technology to help simplify your financial life.” You can link your accounts to get a bird’s-eye-view of your assets and liabilities. You can track your net worth, view your cash flow and budget with Hiatus.
Hiatus analyzes your finances, monitors for unfair rates, and lets you know when you’re overpaying. You can save money for your long-term goals by creating a budget. It gives you advice based on your situation. The advice is tailored to your situation.
Hiatus helps people cut down on unwanted subscriptions. A range of services have been offered by the company to help people save time and money. It is similar to Truebill or Trim in this function. It can be used to automate your personal finances and streamline the process of managing your money. Hiatus analyzes transactions for cost-cutting insights beyond subscriptions. It can even suggest new services to help the business save money.
16. Rocket Money (formerly Truebill)
There is probably a better deal we could sign up for that would reduce our utility bills, but there is never time to search for the best offers. It can be difficult to compare utility companies and their offers, but it is worth it. This problem is solved by Rocket Money. Rocket Money helps you save time and money by streamlining the process of tracking and managing your subscriptions.
Instead of having to call up companies and negotiate for a lower price, Rocket Money’s team of negotiators will do it for you. They will find you the best deal, saving you time and money. There is still some level of time investment since you will need to upload all your bills; this can be done by taking photos or logging into your accounts. You’ll be able to track your expenses once this initial set-up is complete.
As we move towards a subscription economy, it’s becoming harder to stay on top of all the platforms we’ve signed up for, and this often leads to wasted money. We can save money in the long run by using Rocket Money to track and manage our subscriptions. Rocket Money gives you the option to stop being a subscriber.
Basic tracking features are free, but there is a subscription cost of $3 to access premium services. A 40% commission will be taken if Rocket Money successfully negotiates down the bills. This could result in significant savings for the customer, as well as putting money back into the Rocket Money business.
Learn More:
FAQs
Are there different types of money saving apps?
Money savings apps work in a variety of ways. Money savings apps can help you save money and keep track of your spending.
- Cashback and coupon apps work once you connect your account with a credit card you use to shop, or alternatively you can scan receipts or shop through their portal.
- You can put your spare change or paycheck into a savings or investment account with a brand-new card provided by savings and investment apps.
- You have to log your bills into the app so they can track them for you. The app will let you know when it’s time to pay a bill.
- Investing apps can help you grow your savings by investing in different companies.
They may be free or charge a fee depending on the features and model of the app. The features of the app are worth considering if the cost is worth it. Bill-saving apps like Truebill charge a commission for savings made, whereas cashback apps are always free but make money from adverts. Bonus rewards and signup incentives are offered by many cashback apps.
Most of the money from savings and investment apps comes from using yours and add-ons. Fees may include automated savings plans, account management, or interest rate bonuses.
Is there an app that saves your spare change?
Over the last few years, apps that round up purchases to the nearest dollar have increased in popularity. People can save money without having to think about it, thanks to this type of app. The feature is available in many different money-saving apps. Users can use these apps to save money and make investments.
More apps are likely to introduce this feature in the future to meet demand. As more people are aware of the benefits of having these features, the number of apps that provide them will grow.
Which Money Saving App Is For You?
It is possible to save money if you have a phone. To stay organized and keep track of your spending, you need to use your phone as a tool. All you have to do is download a few apps and complete some admin tasks before you can make some money. Don’t forget to check the terms and conditions of each app before you sign up. cIf you want to take things a step further, here is a list we have compiled of the best money making apps.
A bill-checking app can give you something for nothing if you can’t afford to save. If you link your card or bills, the app will check to see if you are applicable for discounts or lower rates. You will be able to receive notifications whenever there is a chance for savings if you link your card or bills.
If you want to save money but still spend it, there are apps that will put aside the small change from your purchases to help you reach your goals.
Don’t fall into the trap of thinking that downloads are all it takes to form a solid financial management plan. It’s important to understand the impact of your spending and saving decisions. Tracking your spending and keeping a budget are just as important as ever. It’s important to stick to your budget in order to reach your financial goals. Thankfully, there is an app for that. It’s easy to find the right solution with the app.
Bonus: Best Money Tracker
It is essential to figure out where your money is going and to have some accountability if you want to save a lot of money. Setting up a budget can help you keep track of your finances. There are a lot of different apps that offer this feature, but none compares to Personal Capital. Personal Capital has a comprehensive suite of features that help users manage their finances more effectively.
Current accounts, credit cards, and even investments can be connected in one place. It’s easier to keep track of your finances with this. You can check how well your portfolio is performing and find out if you are paying unnecessary fees with Personal Capital. To track your investments over time, you can set up a custom view of your portfolio. It is a bill checker and a budgeting app in one. You don’t have to worry about overdrawing on your account again because it’s designed to help you keep track of your spending.
If your portfolio is worth $100,000 or more, there is a fee to receive professional advice from finance experts. The fee for professional advice is tailored to your needs and comes with a satisfaction guarantee.
To learn more, read our Personal Capital Review.
