Five Great Money Saving Apps To Use Right Now


Bronze Wordsmith
May 17, 2018
In this day and age of technology-based convenience, there’s absolutely no reason for anyone not to have savings, or worse, to run into debt unexpectedly. Today, you can keep track of all your transactions without having to queue up at the bank, thanks to hundreds of money saving apps and software online. A lot of these apps are now available for practically anyone with a smartphone or a portable device, to be used anywhere you may be at any time. The only real difference it makes, though, would be on which ones actually work for you, and which ones are a waste of your time.

I have my own list of best money saving apps based, of course, on my own personal experiences with them. Also, I discovered that so far, there is not one app that can satisfactorily perform all my financial goals and needs with just one click (if you know of any, please hit me up with your suggestions on the comments section below!).

Which is why today, I’m sharing with you five best apps to save money according to the specific kind of savings activity I need. I hope they will be of help to you the same way they have been helping me, thus far.

For grocery shopping cashbacks

One of the best apps to save money on groceries is Ebates. Personally, it’s been working great for me for a number of reasons:

  • Ebates is available for both Android and iOS users. Since I use both kinds of mobile devices, it’s been doubly convenient for me.
  • I don’t have to pay a fee to use this app! Plus, just signing up instantly earns me a $10 bonus for my first purchase.
  • I can get up to 40% on cashback when I shop at over 2000 stores on the Ebates list.
  • I don’t have to rack up points to get paid for my commission! So hurray for no more confusing points systems!
  • I can choose between getting paid via PayPal or by check.
  • There are featured daily deals from our favorite stores like Macy’s, The Body Shop, Walgreens, JC Penney, Tom’s, and more – unlike other cashback platforms where I hardly buy anything from the shops they feature and partner with.

I know that there are plenty of cash back apps out there with similar or even better features, but Ebates has been our go-to app for grocery shopping for the simple fact that they make everything convenient and hassle-free.


For your investments

Acorns is one of those apps for saving money that also functions as an online investment platform. What it does is set up an Acorns account for you for all the debit and credit cards you have linked to their app. When you make purchases using these cards, the Acorns app rounds them up and transfers the difference to your Acorns account. The result is that your spare change or extra cash from purchases are instantly invested by Acorns on their diverse investing portfolios. You can choose between an aggressive or a conservative investment fund, depending on whether you want to have a higher percentage of stocks or bonds. It’s really all about your investment comfort zone.

I like this because it simplifies the idea of investing for me. They call this particular concept “earning on found money”, which appeals to me very much. It’s easy enough to track my total earned money and percentage of investment per purchase, right there on my mobile screen. And if I make purchases on Acorns ’ partner sites, I also get back a percentage of what I spent on these partners’ products and services straight into my Acorns account!


To simplify transactions

When I first discovered apps that help you save money, though, I didn’t know which one could help me with what. So I ended up downloading a bunch of them, and it made me more confused than ever! But with some trial and error, I managed to focus on the one that works best to help me trim off wasteful spending, which is the bane of my budgeting existence. Today, I use the Clarity Money app all the time, to help me figure out what needs to be pruned because they make a huge dent in my savings, and what can be kept because they actually work to my advantage.

This free, multi-awarded app helps me cancel subscriptions I hardly use, tracks my spending, gives me a clear current financial picture, and basically whips my financial attitude into shape. I love that Clarity takes into account my current lifestyle and even the way I spend money via credit and debit cards. The way the app delivers my financial insights just feels really tailor-made for me, and truly helpful.


For automatic savings

Before I discovered apps, I would literally be counting coins and punching my calculator to compute how much goes into my savings account, and how much will go to paying bills and other expenses. I didn’t realize how a mobile bank app could really help me. Thank goodness for Chime Bank, which helps me save money automatically via a convenient mobile app (available for both Android and iOS users). It instantly paints a clear picture of where my money has gone, if money has come in, and tracks every financial transaction I’ve made on my account.

But the best thing about Chime is it automatically sets aside ten percent of paycheck to my savings account! Or I can opt for getting the differences in my purchases rounded up to the nearest dollar and transferred to my account. I love that Chime has no minimum balance, overdraft fees, monthly service, fees, transaction fees, or hidden fees typically associated with traditional banks. I think it’s safe to say I’m sticking with this app for years to come!


For wiser spending and budgeting

Whether you’re a college student, a young urban professional, a WAHM, or just about anyone who needs a little help with spending wisely and budgeting your daily or weekly expenses, this is one of the best apps to save money. It’s called You Need a Budget, and it basically wants to teach you how to be in control of your finances on a daily basis. With its user-friendly interface available on the web, and for portable devices like the iPhone, Android, iPad, Apple Watch, and even Alexa, you will be able to learn practical methods on mapping out a plan for your current savings on the go. As well, you can learn to figure out how much goes to emergency funds, which expenses to prioritize first, if there are some funds left over to treat yourself, etc. You Need a Budget makes use of awesome infographics and a plain, easy-to-understand language to help you navigate the too-often bewildering world of personal finances.

The verdict?

Let’s face it – we’re not all born accountants. This is why money saving apps are such great life hacks for yours truly! They take the pain out of dealing with bills, budgets, and saving for a rainy day because of the ease and convenience they offer.

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