5 Applications to Help You Build Money-Saving Habits | technology

Keri Leighton is a British artist, professional jazz musician and performing arts coach, and she had a wonderful career, but with the onset of the Corona epidemic she suddenly lost her job due to the repercussions of the ban and the closure of the clubs and clubs in which she played and worked.

“I lost my income overnight, accumulated debt and had to choose between heating or eating at home,” says the 36-year-old. “It was a very difficult time.”

To help organize her expenses and get her finances back on track, she uses a range of applications to organize her finances Savings are available in “bank applications” known as “envelopes” to save money, the BBC said in a recent report reported.

“I automatically place an order for every pound I earn, and split it into different envelopes,” Kerry explains. “It’s the old school system that our grandmothers used in a modern way, and it was a game changer to keep my finances properly organized.”

Keri monitors all her expenses through an expenses management application called You Need a Budget, and another application helps her pay off her debts.

“I paid over £ 12,500 with these applications and will continue to use them while rebuilding my savings,” explains Kerry.

Kerry is not the only one who uses financial resource management applications, there are millions of people in the world who use these applications to manage and organize their financial affairs, especially in light of the current economic conditions following the Corona pandemic and the war in Ukraine as prices rise in a crazy way every day and inflation increases all over the world.

The Resolution Foundation predicts that household income in Britain, for example, will fall by around £ 1,000 this year due to inflation.

She says this will be the biggest real drop in revenue since the mid-1970s, so it’s no surprise that personal finance applications have become the most common and used in different parts of the world.

In this report, we present the top 5 financial applications that can save you thousands of dollars, and will help you manage your resources and expenses much better than before.

Digit is an excellent choice for the wasteful

“Digit” is an automated savings application that monitors and analyzes what goes in and out of your current account, and after you study it all, it organizes and manages this process to move to the savings stage, as it determines the expenses that can be waived by a special algorithm that accurately determines what can be stored securely without affecting the user’s financial obligations.

This application is a great choice for those who spend money or who do not know how to save their money or manage their expenses.

Digit application is a good option for spenders or those who do not know how to save their money (Digit website)

After a free 30-day trial, Digit subscribers charge $ 5 a month, and for that fee you get an automated savings feature, plus the ability to use the app to pay off credit card debt and set savings goals.

You can also get a 0.1% annual savings bonus that Digit pays every 3 months, a feature that can help offset some of the subscription fees.

If the application’s algorithm decides that you can not save any money at the moment, it will not withdraw anything from your balance to save, but will wait until it is sure that you are in a safer position to save.

If the application accidentally causes an overdraft, the application will return the withdrawn funds, and you can in any case use the “prevent overdraft” feature provided by the application.

Returning the funds to your checking account will take from 1 to 3 business days, but if you need the funds immediately, you can pay 99 cents to repay the funds within 30 minutes to your checking account, and the application also provides financial protection for users in the amount of 250 thousand dollars.

Rating, download and number of users

Apple Store: 4.7 stars, the number of its download is not mentioned, but it is rated by about 263 thousand users.

Google Play: +3 stars, downloaded by over 1 million users.

Download the app from the Apple Store

Download the application from Google Play

Capital and effortless savings

Capital aims to help you save small amounts of money effortlessly, but with a few changes: It allows users to set the savings rules they want. You do not really want it and it can harm your health like eating junk food that is bad for health. The app will withdraw a small portion of the money for your expenses and put it in your savings account every time you buy one of these meals.

Capital application aims to help you save small amounts of money effortlessly (Capital website)

But if you are used to shopping and buying things that you do not really need and you can do without, such as a cup of lattes for which you spend about $ 5, the application withdraws 50 cents from the money spent on it. has been awarded. your necessary expenses and transfer them to your savings account, and you can set any rules you want. It helps you save, and control your spending to go to the right place instead of spending in vain on things you do not really need.

The application is often praised for its approach based on visual, achievable goals, where you can attach images of your goals so that the application portal serves as a digital vision board for your money.

To use the application, you have a number of options: you can link an existing checking account or you can register for a special “Capital” debit card, and you can use the application to invest in specific portfolios to achieve long-term goals .

The application gives a free period of 30 days, after which you have to pay a subscription fee of $ 3 per month to use the application.

Rating, download and number of users

Apple Store: 4.7 stars, its download number is not mentioned, but it has been rated by more than 36,000 users.

Google Play: +3 stars, downloaded by over 500,000 users.

Download the app from the Apple Store

Download the application from Google Play

Currency: All your finances in one place

Mint organizes and monitors all your financial accounts and allows you to track all your financial activities from all your accounts, including your accounts, savings, debt, pension and bank card. All in one place where you can link all your different bank and credit cards as well as any loans The investments you may have.

Mint application allows you to track your financial activities from all your accounts, including your accounts, savings, debt, pension and bank card (Mint website)

With this application you can see your full financial situation, which gives you the best way to manage it. You can also set up special notifications so you never miss an account, monitor all your subscriptions and commitments, and receive notifications and alerts if the cost of any of your subscriptions or regular expenses increases. It also gives you the ability to create custom budgets that allow you to track and optimize your overall spending and organize your debt, and unlike previous applications it is a free application, and it makes its money at other partners instead of you.

Rating, download and number of users

Apple Store: 4.8 stars, the number of downloads is not mentioned, but it has been rated by more than 732 thousand users.

Google Play: +3 stars, downloaded by over 10 million users.

Download the app from the Apple Store

Download the application from Google Play

You need a budget

The name says it all, this application is an incredibly detailed, yet easy-to-use budget interface, as the application works according to 4 simple rules:

  1. Give work for every dollar.
  2. Hide your withaai for your black day.
  3. Deal with crises and life battles.
  4. Live from last month’s income.
You Need A Budget is an incredibly detailed yet easy to use budget interface (You Need a Budget website)

The application is primarily aimed at changing the way you manage money, and creating free financial resources without much suffering, so that users can easily and smoothly check their transactions, financial resources, expenses and savings. If you want to change the way you handle money or get a better understanding of your financial situation. This application will do it all for you.

Rating, download and number of users

Apple Store: 4.8 stars, its download number is not mentioned, but it has been rated by more than 38,000 users.

Google Play: 4.2 stars, downloaded by over a million users.

Download the app from the Apple Store

Download the application from Google Play

Intuit Quick Books

This application is used by more than 4.5 million users worldwide, as stated on its official website, and it is excellent for those who run small businesses. Between the two, as happens with many people whose personal expenses interfere with their business expenses, and they later lead to problems with taxes that harm their interests and money, especially when lawsuits are filed against them.

The Intuit QuickBooks application enables you to manage all the expenses and funds of your startup (Intuit QuickBooks website)

Intuit is a leading application in this field through the well-known “Quickbox” program, which comes in different versions depending on the computer or cell phone you use, as well as the nature of the business you run, and it is currently the most prominent and best option to manage your entire business, including Tracking your expenses, managing contracts, employee payroll and family expenses, all in one app.

Rating, download and number of users

Apple Store: 4.7 stars, its download number is not mentioned, but it has been rated by about 128,000 users.

Google Play: 4.4 stars, downloaded by over 500,000 users.

Download the app from the Apple Store

Download the application from Google Play

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