Are you always looking for ways to save money? If not, just look at your current student loan debt for inspiration. Saving money is like planting a tree. From little acorns do big trees grow. Start with small amounts put aside on a regular basis and before you know it you’ll have a nest egg.
Need more help? Try some useful apps that you can use wherever you go. Here is a list of money saving apps to help you stay on track with your savings plan.
Money saving apps
We all do way too much shopping. If you’re like me, though, you like the challenge of finding the best deal when you do shop. Here is a list of some ideas on how to save while shopping. These apps are available on both iPhone and Android.
- Mint: a personal finance app that lets you look at your bank, investment and credit card accounts and student loans. Mint will help you track your spending, put your purchases into categories and send you an alert as you near your budget limit.
- Favado: helps you save time and money on your everyday purchases by helping you build a shopping list based on local sales. Will also pull coupons for groceries.
- Cellfire: view and save coupons without creating an account. If you do join Cellfire you can get deal alerts.
- Hotel Tonight: helps you find and book last minute deals at 54 U.S. locations and locations in Mexico, Canada and Europe.
- Spendometer: helps you to set a budget and track your spending. You can also set spending limits weekly and monthly.
- ShopKick: win rewards and free gift cards at stores such as Target, Macy’s and Best Buy.
More ways to save money
Still not convinced? Here are a few more apps to consider adding to your phone.
- Voucher Cloud: this award-winning app lets you search for savings near you and delivers money-saving vouchers. You can use vouchers to save money on anything from tech gadgets to restaurants and more.
- Checkout 51: earn cash back on your favorite brands of groceries. Offers are updated every Thursday. Take a photo of your receipt to redeem your offer and earn cash back.
- ITV Player: watch your favorite TV shows without having to subscribe to a TV service.
- Credit Karma: this app lets you monitor your credit reports and scores for free. It also offers you tools and suggestions to improve your credit profile. It makes its money from the ads and the companies that present their products to you.
- Onavo: save megabytes off your data plan when you use your phone by compressing the data as it runs continuously in the background.
- Acorns: after you connect your checking and credit card accounts to this app it will automatically round up each of your purchases to the next dollar and invest the difference into the investment of your choice. For example, if you buy a latte for $3.75, it will invest $0.25 for you.
Useful apps for college students
Elizabeth Hoyt gathered a list of “15 Free Money-Saving Apps for Students” in a June 9, 2015, article for FastWeb.com.
Hoyt’s list included the following apps:
- UConnection: a network to college dining and nightlife.
- TUN: connect to local student discounts.
- Epicurious: don’t eat out and blow your budget. Use this app to find recipes that use what you already have in your kitchen.
- RoverTown: follow your favorite local businesses through its Student Discount Program and use your phone to redeem discounts.
- College Power: save money on food purchases at participating college locations.
So, now you don’t have any more excuses to not save money. Assuming you have a cell phone, you can take advantage of any of these cool apps and start building your next egg today.
What’s your favorite money-saving app and what does it do? Tell us in the comments.