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29/12
2018

The Ultimate List of Money Saving Apps That Are Totally Worth Using

The Ultimate List of Money Saving Apps That Are Totally Worth Using

Ranking of the Best Money Saving Apps

With over 22 million apps in the Apple App Store alone, there is an app for pretty much everything. If you want to order a pizza at 3 in the morning, there's an app for that. If you want to turn off all the lights in your house from your phone, there's even an app for that.

Our smartphones can help us do a lot. In fact, they have more power in them than the computers in the first space mission! But what about saving money? Money is a funny thing in that it can disappear so fast without us even noticing. One day it's payday and the next we're trying to budget so hard to get us through to the next one. We use things like coupons and hunt for the best deals to make our paycheck stretch further.

Lucky for us, there are a lot of money saving apps out there. There are apps for helping with budgets and tracking spending. They can help us to be better with managing money and save a lot more each month.

1. Yolt

We could all do to be a little more mindful when it comes to money, and Yolt is great for this. It's an app which helps you sort out your finances in an easy way.

This secure app helps you to calculate your spendings from all your accounts. Then it shows you the best areas you can start saving money.

The Payday feature is a great one as it takes into account your average spending habits each month. It then gives you an estimate of what you'll have leftover before payday so you can budget better. It's a great way to get better with money and learn about which habits are hurting your bank balance.

2. Acorns

If you want to get so good at money that you're putting it into small investments, Acorn is great for you. It rounds up your spending to the nearest amount. Then it adds the difference to an Acorns account.

The app creates an investment portfolio for you. It bases the amount it puts into it on your income and spending goals. It helps you earn an investment return.

It has also released a spending account feature which turns the app into a checking account. Whenever you use this account to buy things, the change will go into your investments.

3. Chime

Chime is an app which has an FDIC insured spending account you can use to deposit funds and track spending. It makes money management easy when you can track it within the account itself.

It also gives you a savings account through the app so you can save money without even thinking about it. Chime will also deposit 10% of your paycheck into your savings account automatically.

It makes it easy to save money and make sure you're not overspending. It works the exact same as a regular bank account and even comes with a debit card. But it has more ways to help you save more money faster.

4. Digit

If the thought of coming up with ways to save money stresses you out, give Digit a try. This app is so easy to use and you don't even have to think about saving money, it does it for you.

It takes into account your income and spending habits and moves a few quid to a secure savings account each day. You can choose how much or how little you want it to save with a text, and you can take out money whenever you want.

Digit makes it easy to save money and come up with a budget so and you can start stressing less.

5. Wallaby

There are a lot of different kinds of credit cards you can get and they can be a little confusing. How do you know which one is right for you? How do you get the best deal?

This is where Wallaby comes in. Wallaby is an app which helps you stay on top of the best credit card deals. It tracks the latest promotions for the best credit cards and helps you choose which is right for you.

It will help you find credit cards which offer the best deals for the retailers you use the most. It will help you save money when you shop for products and services so you can get the most out of it.

6. Mint

Mint makes it easy to stay in control of your finances without having to be super organized. It will help you come up with a budget so you have enough for bills, savings and even a retirement fund.

It tracks your income and spendings to form a budget that works for you. If you worry about how you'll afford everything this month, it's the app for you.

Mint also gives you a free credit score so you can see where you are with your finances. This can help you get better with managing your money.

7. Pocket Guard

Pocket Guard is another secure, easy way to take control of your finances. You sync your bank account with the app and it will analyse your spending.

Then, it will give you an amount of money you'll have left after you've paid your bills. It will also calculate your net income and help find specific ways for you to budget. If you're looking to save for something like a car or a house, it will help you come up with a budget plan. Before you know it you'll meet your goals all with the help of an app!

8. You Need a Budget

Ever sat and looked at your spending from the last month and thought 'I need a budget'? Then you should download You Need a Budget.

YNAB is an app which makes creating and sticking to a budget easy. It will help you focus on which things are most important to save for and how to cut costs.

It will help you stay away from bad credit or debt by coming up with an easy budget for the money you already earn. You can start to put away an emergency fund and save for retirement with it too.

9. Quickbooks Self Employed

Self-employed people in the UK account for 15% of the population, but managing money can be tough. When you don't have a set paycheck each month and you're responsible for your own taxes, it can be stressful.

But Quickbooks Self Employed is an app which makes it all so much easier. It's HMRC recognised so you can get your taxes done right each time.

The simple interface makes it easy to see all your accounting books and be aware of how much money you make. It calculates the taxes you need to pay and costs only £5 per month. It makes it much cheaper than getting an accountant.

10. Qapital

Qapital is a free app which makes budgeting easier and gives you lessons on money management. If you're looking to learn how to handle money while actually doing it, it's a great app.

It teaches you how to set goals you can achieve and shows that even small savings make a big difference. Each time you spend, it will round up your spending to the nearest pound and put the difference into savings.

You can automate your savings by putting away a lump sum every few months or a percentage of your paycheck. It even collects interest to add more to your savings.

11. Betterment

Betterment is a digital investment app which helps you with the best ways to save money.

It uses algorithms based on your income and spending. Then Betterment makes a plan especially for you. You can find wise ways to invest your money without spending more than you can afford.

If you've never invested before, or even if you're well-versed, Betterment can make it much easier to do. It kind of does all the work for you and if you want to, you can go premium to speak to a human advisor.

12. Goodbudget

Goodbudget has a simple interface which makes visualising your budget a breeze. With it, you get 'envelopes' where you put cash into for all the spendings you need to make.

You can set aside money for rent and bills in one envelope. Then you can put aside savings in another one. You can set aside social or recreational spending in another envelope too.

It makes it easy to budget and when you stick to only spending your envelope amounts, you won't feel guilty for it! Whenever the envelopes are empty, you know that it's time to stop spending.

These Money Saving Apps Will Change Your Life

When it comes to money, we need to be more conscious about the ways we spend. Nobody wants to be struggling to find the money for rent or bills at the end of the month. We all want to be able to save for a rainy day or have money for our futures.

These may be small apps, but they can make a big difference. These money-saving apps can get you on track with your budgets and create savings that can change your life.

Find this article useful? Check out our plans to see how we can help you manage your money better by finding the best deals.