We all like to believe that we have the self-control and dedication to save up money for a rainy day or significant expense. However, many people find that despite their best efforts, they still end up spending far more than they anticipate.
If you are looking to save money, here is a list of apps you can start using to help keep track of your spending and stick to a budget.
Joy
Joy is an app that looks at your income and recommends daily spending limits based on how much you want to save each month. The app tracks your day-to-day purchases, suggests savings goals, and offers ways to stick to a budget. It can even help you know when to transfer money between accounts to stick to your goals.
Chime Banking
If you are trying to build an emergency fund, give Chime Banking a try! Chime Banking is more than an app – it’s an online bank that helps you save money with automated savings. You can sign up to have money transferred into your Chime Savings account each time you get paid, or every few days/week, depending on what works for you. This way, you’re forced to save in tiny increments instead of having a big chunk of your paycheck disappear all at once.
Tip Yourself
Want to make saving money a reward? With Tip Yourself, you can set up an account that allows you to “tip” yourself every time you make progress on your personal goals! Hit the gym today? Tip yourself a bit of money and watch as your savings account continues to grow!
Qapital
Qapital is an app designed for those who wish to save money for purchasing a vehicle. It uses automated account transfers to help you save money based on unique actions that you design within the app itself.
Kidfund
Not only is saving money hard but saving for your child’s future education can be even more challenging. Kidfund is designed to help parents put away money in an education-based savings account based on your specific guidelines and timing.