Who doesn’t struggle with money management and saving a few more bucks every month? Seems with all the access to information on the internet, personal advice from friends or family, and even personal financial tips from the pros it should be simple to do. Yet, saving money and investing is still a difficult task you need to consciously put effort into each month. I know for myself, I need a money saving and investing program that is on auto pilot – one I don’t even have to think about and keeps things simple.
The following 7 money saving apps are totally free and terrific for saving or investing money on an automated basis – see which ones fit best into your busy lifestyle and your nest egg will be growing before you know it!
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Mint links all of your bills, your bank accounts, investments, credit cards etc. in one easy to understand financial space. You will see exactly where your money is going, which will allow you to cut back if you need to or put more money towards a specific debt. The user-friendly app (from the makers of Turbo Tax) lets you check in on your finances 24 hours a day from the convenience of your smartphone. You can even keep track of your credit score. And no credit card required.
No fees! No commissions! the best way to trade in the market, simply, free and fast! Your securities are protected by FINRA, your personal information is fully encrypted and stored.
I love this app because they don’t charge you ridiculous fees to invest your own money. They offer ‘Robinhood Gold’ which is an upgraded version to access to more money if needed and you can earn free stock for referring friends and family.
Here’s a review from Investopedia on Robinhood.
Good Budget is a digital version of the paper envelope system. Goodbudget helps you to stick to your budget limits without the hassle of keeping actual cash in physical envelopes. It’s available on the Web, Android, and iPhone. Save for big expenses, share household expenses, and budget on-the-go. Goodbudget makes it easy to live out a budget based on the envelope budgeting system.
If you have trouble keeping track of multiple saving’s goals like Holidays and Birthdays and all those other things that come up, you want to save money for, Smarty Pig may be the answer for you.
SmartyPig’s goal planning system not only helps you map out short-term purchases like birthday gifts or new running shoes, but also long-term savings goals like a trip to Italy or a car down payment. SmartyPig was designed to put you in control of your own goal planning and financial independence by helping you build a save-then-spend mentality and being rewarded for doing so.
SmartyPig is a unique savings program designed to help people save for specific goals. Savings goals may be funded with scheduled, recurring contributions from an existing checking or savings account, so you can set it and forget it.
And SmartyPig also helps you stay on track with a goal planner, helpful reminders, competitive interest rates, referral bonuses and more!
This is pretty awesome because MyMoneyCircles offers an online community which allows you to take manageable steps towards strong financial health. Kind of like a 4 week financial bootcamp with success guides that take 20-30 minutes a day. By the time you finish the camp you should know just about everything you need to know to manage your debt and your money like a pro. Almost like having a personal trainer for your money! Free membership.
“The Best FREE Finance Tracking App Available” – MacWorld
If you are having trouble keeping track of your investments, or understanding how they work together, this tool will help you figure it all out once and for all. Free tools to keep track of your 401k, mutual funds, IRA’s, stocks, etc. – Get award winning tools from registered financial advisors for significantly less than traditional advisors.
Micro investing without even noticing. Put your spare change to work for you. Works on the premise that anyone can grow wealth on a little bit a day. Invest, save and diversify without lifting a finger. Sign up in under 5 minutes, stick with it and invest your spare change automatically.
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