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When it comes to saving money, young people are doing a good job. Making the most of their savings is one of the ways that young people are stretching their money. They use budgeting apps like Spendee to track their spending, savings, and investment progress. They are working hard to achieve their financial goals.

According to Bank of America, nearly one in four millennials have at least $100,000 socked away. Almost three-quarters are saving for life goals. Saving for retirement is the most popular reason, with over half of those surveyed contributing to a retirement account.

The study found that the majority of young people feel behind in their finances. You may be considering giving Spendee a try if that sounds like you. If you want to stay on top of your finances and budgeting, spendee is a great way to do it.

In our Spendee review, you will learn a lot about how the app works, how much it costs, and whether the service is right for you. This review will help you make an informed decision about whether Spendee is the best budgeting app for your needs.

What’s the Spendee App?

Spendee is a money management and expense tracker app. You can make informed decisions about where to invest your money if you keep track of your finances with Spendee. The development team for the mobile app is based in the Czech Republic. Since its launch, the app has seen a lot of success and the development team is always trying to improve.

Spendee is not a bank. It is a budgeting and tracking app. You cannot use it to store, transfer, or make payments. You can use it to track and analyze your financial data. You can use it to manage your money. It can be used to help you make better financial decisions.

While working at Cleevio, co-founders David Neveceral and Jakub Sechter started a side project called Spendee. Since then, Spendee has grown into one of the most popular budgeting and finance tracking applications on the market, with millions of users around the world. The company is now run by Neveceral and Sechter. The company has seen tremendous growth under their leadership.

Spendee Features

The important Spendee features are listed here.

Bank Account Syncing 

Bank of America, ING, HSBC, andDeutsche Bank are some of the financial institutions that Spendee connects to. It’s easy to manage your finances in one place. The app can be used with bank accounts. Users can make secure payments, transfers, and exchanges with just a few clicks.

Spendee acts as a central dashboard for your finances if you have several accounts. It’s easy to keep track of your accounts and expenses with Spendee. You can observe spending habits across your accounts. You can make informed decisions about how to best manage your finances by monitoring your spending habits.

You will have to pay for the paid versions to access bank account sync.

Smart Budgets 

One of the hardest things about budgeting is sticking to a daily spending plan.

The smart budgets feature of Spendee can help you avoid overspending. It’s easy to plan your budget and track your spending with Spendee.

Smart budgets let you know if you are close to exceeding spending limits for different categories, like food, entertainment, or travel. You can easily change your spending limits in the app.

Spendee saves you a few steps. Instead of having to log into numerous credit card and bank accounts to tally up your monthly restaurant spending, Spendee automatically notifies you when you reach your preset limit. It’s easy to stay on top of your budget because of this.

Shared Wallets

Communication is important when living with someone. A clear understanding of each person’s financial responsibilities is important.

It’s easy to communicate with people you budget with Spendee. Spendee can be used to track spending and budget across multiple accounts. You can get insights into who pays for what with the help of Spendee. It’s a great way to make sure everyone is on the same page when it comes to spending.

It is easy to set up this feature. You will be able to take advantage of all it has to offer once it’s enabled. Just select the wallet you want to share, open it, and click “share wallet with other people.” If you want them to accept the invite, type in that person’s email address. You can begin collaborating on your project once they have accepted the invite. You can track expenses together. It’s easy to stick to a budget and plan for the future.

Two people can share a wallet, but only one can have operational control. Before sharing a wallet, it is important to have a conversation with your partner so they are aware of their responsibilities. It could be a good feature for couples or parents.

Multiple Currencies 

Do you travel frequently? It can be difficult to stay on top of your spending amounts due to fluctuations in exchange rates. It’s important to keep track of your spending when travelling abroad, so you don’t find yourself in a difficult financial position due to unexpected currency fluctuations. Spendee helps in this area by keeping track of finances in multiple currencies. It helps users to take better control of their finances by allowing them to view all spending and incomes in one dashboard.  

You can adjust the primary currency in your account by going to the app settings and selecting which currency you want to track. When you add new transactions, you can set a default currency. The app will calculate your transactions based on the current exchange rate. The most up-to-date and accurate currency conversions are ensured by this.

Alerts and Reminders 

It is easy to forget to pay a cable, electricity, or credit card bill when you are busy. WeTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkiaTrademarkia It can be difficult to navigate, but it’s important to remember that you’re not alone.

Spendee helps you remember when due dates are approaching. It is possible to set up recurring reminders so you never miss a payment again.  

Plans & Pricing

The account tiers are Basic, Plus, and Premium. You can choose the one that fits your budget, because each tier has different features. You will get a breakdown of the fees and features with each account level.

Spendee Basic 

• Cost : Free
• Bank accounts sync : No
• Automatic categorization : No
• Backup and sync : Yes
• Number of cash wallets : 1
• Number of budgets : 1
• Shared wallets : No
• Import/export transactions : Yes

Spendee Plus  

• Cost : $1.99/month or $14.99/year
• Bank accounts sync : No
• Automatic categorization : No
• Backup and sync : Yes
• Number of cash wallets : Unlimited 
• Number of budgets : Unlimited
• Shared wallets : Yes 
• Import/export transactions : Yes

Spendee Premium 

• Cost : $2.99/ month or $22.99/ year
• Bank accounts sync : Yes
• Automatic categorization : Yes 
• Backup and sync : Yes
• Number of cash wallets : Unlimited 
• Number of budgets : Unlimited 
• Shared wallets with others : Yes 
• Import/export transactions : Yes

Unless you upgrade to Premium, you won’t be able to link your bank accounts. Premium will give you all the benefits that come with it. If you want maximum visibility to your finances on the go, it might make sense to use the Premium account. The ability to set up automated financial goals is one of the useful features of the Premium account. It is not a lot of money at either the monthly or yearly rate. You will get all of the amazing benefits with it.

Automatic categorization saves you time. With Premium, you can easily see where your money is going.

Signing Up

It takes a few minutes to sign up for Spendee. You can start tracking your expenses right away if you sign up for Spendee. The process can be taken care of on the website or within the app. The process will be easy if you choose one of the options. Here is how to start. Take some time to think about how you can reach your goals.

1. Download Spendee 

First, download the platform from either the Google Play Store or the App Store.

2. Create an account 

Next, create a Spendee account by entering your email address and password, either within the app or on the website.

3. Link your bank accounts 

If you want to connect your bank accounts, Spendee asks. You can connect your bank accounts at any time during the setup process, or you can add them later. You will need to upgrade to the Premium version to do this. You should enter your credit card information if you decide it is worth it. Make sure you double check the total before you make your purchase.

You don’t have to link your accounts to use the app. You can take advantage of the app’s features without having to link your accounts. You can enter transactions manually if you skip this step. Make sure to double-check your entries. You can always upgrade at a later time. Selecting a device that meets your current needs but also takes into account future requirements is important.

Promotions

There are many Spendee promotions. Don’t forget to check back often for the newest Spendee promotions.

• All Spendee plans come with a seven-day free trial period. During the free trial period, you can experience all of Spendee’s features and decide if it’s the right fit for you. If you sign up for Plus or Premium and decide you don’t like the app, you can cancel your plan for free.
• Spendee discounts: You won’t find any deals on Spendee.com. Spendee occasionally gives away stuff on its social media channels. Take advantage of the opportunity while you can by keeping an eye out for these giveaways. For example, the company has previously posted a promotion for lifetime Premium service on its Instagram page. Keep an eye out for a deal if you are interested in using Spendee. You don’t know when one will show up. You never know when or where one will appear.

Security

According to Spendee, the organization pulls financial data and accesses it in read-only mode for both checking account balances and transaction lists. Users can connect their online banking accounts to the app for more automated transactions.

The threat of someone stealing your data is reduced by the company’s use of secure channels. The integrity of the system and the protection of your data are ensured by regular security checks. Spendee claims that it won’t sell your data. Spendee promises to keep your personal information confidential and secure.

The app is safe to use. It has been designed with the highest security standards in mind.

Customer Support

On its website, Spendee doesn’t have a telephone number. You can reach out to the customer service team through the in-app support chat. It has a decent lineup of customer service options. Customer service options include phone support, online chat, and email communication.

Send an email to [email protected] to get in touch with customer support. We will respond to your questions within 24 hours. You can engage with them directly over social media. They want to hear your feedback and suggestions so that they can create better products and services. In addition to the company’s Facebook or Instagram page, you can also interact with Spendee on Twitter.

The company has a live chat option on its website. Customers can get help with any questions they may have in real time. You can chat on Mondays through Fridays from 10 a.m. If you need assistance outside of those hours, please email us and we will get back to you as soon as possible. to 5 p.m. Central.

Spendee is a startup and it wants to go above and beyond to win new customers and establish a name for itself. Spendee’s goal is to make managing your finances easy and enjoyable, so you can focus on what matters most to you.

The app is a work in progress. The developers strive to improve it and make it even better.

That said, take a look at the company’s All the comments about stellar customer support can be seen in the reviews on Facebook. The reviews show that Facebook cares about its customers. This goes a long way in my opinion. This will have a positive impact on the world.

Pros and Cons

There are pros and cons to spendee.

Alternatives to Spendee

There are other alternatives to Spendee. Spendee is easy to use and provides an excellent user experience.

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