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Saving Money Is Hard for You? These 6 Apps Can Make It 10 Times Easier

Saving Money Is Hard for You? These 6 Apps Can Make It 10 Times Easier

Budgeting is hard. It’s time-consuming and requires you to face the fact that you spend money. And often times, the money you’re spending could have been saved. Do you really need that six dollar latte? Do you have to have that scarf that you will wear one time and then forget about? No, I don’t think so.

But often times, we get caught up in a moment and use money that would have been better spent in a savings account or going toward credit card debt. After all, statistics show each household with a credit card carries more than $15,000 in credit card debt.[1] So why are we racking up more bills? When smartphones starting making a big appearance in our world, the phrase you heard so often was, “there’s an app for that.” And, well, there is!

Self-control just doesn’t work when you spend money? Technology can give you a helping hand!

While it will require a small learning curve sometimes, and while it does mean you have to pay attention to your spending and track your habits, using money saving and budgeting apps can do wonders for your bank accounts. If you can get into the habit of turning to some of these apps before handing over your credit or debit card to the cashier at your favorite clothing store of coffee shop, you may find yourself with a healthy savings account, and potentially even some “leftover” money!

The following apps will be rated on the same scale and look at uniqueness and personalization, price, usability and appearance. If you’ve used any apps on or off this list with success, be sure to share!

Acorns

    This app is incredibly user-friendly, and the concept is simple: Automatically invent spare change from every purchase. So let’s say you go to Starbucks and buy a coffee for $3.24. You would be $0.76 away from an even $4.00 purchase. So Acorns applies that difference to your account. Boom, you just invested $0.76. You can even set up recurring investments, such as $5.00 a day. This simple savings can add up to about $2,000 a year. And if you have a 401k or another type of savings already, imaging the benefits you’ll reap by investing just $35 a week on top of that![2]

    Uniqueness and Personalization 10/10

    I love this app for everything it represents! It couldn’t be more personalized, since it is going directly off of your purchases.

    Price 10/10

    Acorns is free!! I try to stay away from money saving apps that cost me money, as I feel like it defeats the purpose!

    Usability 10/10

    I know I’m giving this app a perfect score, but I believe it deserves it. Acorns really makes saving money simple and at no point does it feel intimidating or confusing.

    Appearance 10/10

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    Acorns is bright, clean and easy to read and understand. I like to look at it and therefore, I’m prone to use it more.

    Mint

      I personally love this app. For me, it serves a great purpose because I can see all of my accounts, bills and budgets in one place. If you, like me, have more than one credit card and multiple recurring subscriptions, it’s really helpful! You can also link your savings accounts, 401k, IRA, and even see your net worth. It’s secure and free and gives you a (fairly accurate) free credit score regularly. Oh, and if you are one of the rare people who use cash only, you can still use Mint, you just have to manually enter in your transactions.[3]

      Uniqueness 8/10

      I’m not giving Mint a perfect score, because I think there are plenty of ways to budget, be it an Excel spreadsheet, paper and pen or an app, but I did rate it high because it’s one of the most convenient out there.

      Price 10/10

      Mint is free, and I love that. It truly gives you no excuse to not save money!

      Usability 7/10

      I’m giving this a 7 because even though I use this app regularly, I do find that sometimes it gets a little hung up. One of the nicest features is being able to see your money flow in real-time, but occasionally I have to refresh a handful of times before it’s actually current. It’s not a big deal, but it is a little annoying.

      Appearance 7/10

      Mint’s website is great. It probably would’ve gotten a 10, but the app is set up just a little differently, and it’s enough to knock the score down.

      Prosper Daily

        This app is also known as BillGuard, and it’s not only helpful for saving and spending, but also for making sure you are the only one with access to your hard-earned money. Like the other apps, you can track all your accounts in one place and see what you’re spending, but Prosper Daily also allows you to quickly identify fraudulent charges. You can also check your credit score as often as you like, but please note that free credit scores are not always accurate. They do tend to be in the ballpark though, so they are helpful for getting an idea of where you are and measuring success.

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        Uniqueness 9/10

        While this app isn’t especially unique overall, I scored it high because I love the fact that it flags suspicious activity. This can be more helpful than hoping your credit or debit card company catches something. Awareness is key!

        Price 10/10

        This is yet another free app, so it gets a perfect score from me.

        Usability 9/10

        Easy to understand and simple enough to use.

        Appearance 9/10

        Nice, clean graphics and helpful charts.

        Ibotta

          I’m obsessed with this app. Seriously.

          For a while, my friends probably thought I was being paid to advertise for this company, because I could not stop talking about it! Ibotta is a rebate app for groceries.[4] Some of the cash back amounts are small (think $0.25), and some are upwards of $5.00. To date, I’ve made over $100 on the groceries I needed to buy anyway! If you use code edbmoql when you log in, you’ll get $10 right away! Not a terrible bribe, huh?

          Uniqueness 10/10

          While there are a handful of grocery rebate apps (and yes, I have about all of them) Ibotta remains the most unique to me because it offers so much. Not only can you earn cash by getting groceries, but you can also get rebates at certain restaurants and retailers.

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          Price 10/10

          This one deserves beyond a perfect score. I mean, you’re paid to download it!!!

          Usability 10/10

          Some rebate apps/sites send a check via snail mail. While I’m always happy to receive money, I hate to wait for it! Ibotta let’s you send the money straight to Venom or Paypal once you reach $20.

          Appearance 10/10

          Easy to see, understand and use. Perfect score from me.

          Walmart Savings Catcher

            This app is great if you buy all of your groceries and household items at Walmart, because the savings will add up quickly. This isn’t a coupon app, but almost a rebate app! It works like this: scan the barcode of your Walmart receipt in the app and watch your earnings begin. It’s that easy. If the app finds any of the items you purchased at a better price, they pay you the difference on a Walmart gift card. Plus, the savings catcher is built into the regular Walmart app, meaning you can also reorder prescriptions, order online and check out sales.

            Uniqueness 10/10

            I think it’s very unique that Walmart did this, as it really shows how much they wanted to keep their customers. They already price-match, but this app goes a step further by making sure you, as the customer, really did pay as little as possible for the items you needed.

            Price 10/10

            Free app = perfect score.

            Usability 7/10

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            I’m only giving this a 7 because you have to remember to scan your receipt every time. I know it’s like this with any rebate/savings app, but for some reason this app is the hardest for me to remember to use.

            Appearance 8/10

            This app is nice enough to look at, and it serves its purpose.

            Cartwheel

              Last, but certainly not least, is the app for Walmart’s competitor, Target. The Cartwheel app also allow you to browse and shop through the Target site, but I love it for it’s coupons! While I have been known to clip and print coupons in the past, if I’m going to Target, all I need is my smartphone. Cartwheel allows you to “clip” coupons (ranging from dollar amounts to percentages) by selecting them. They are all added to your personalized barcode which is scanned by the cashier at checkout. There is something so satisfying about watching your total drop after the beep of that scanner gun!

              Uniqueness 9/10

              I don’t know that coupons in an app are especially unique, but I rated Cartwheel high because I love how it’s done. While you don’t get cash back, you do get so see how much you’ve saved.

              Price 10/10

              Cartwheel costs $0.00.

              Usability 10/10

              This app is so easy to navigate and use. The only issue I’ve ever had was if I lost signal in the store. I especially love the option to scan the item’s barcode in the store to instantly check if it’s on sale!

              Appearance 10/10

              Clean and simple to understand, view and read.

              Reference

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              Heather Poole

              Heather shares about everyday lifestyle tips on Lifehack.

              How To Find Your Personal Values For Living a Fulfilling Life The 7 Types of Learners: What Kind of Learner Am I? What If All the Choices You Make Every Day Aren’t What You Need Most? What To Eat (And Not To Eat) When You Are Suffering From Inflammation! Yes Life Can Be Boring Sometimes. But There’re Some Tricks to Make It More Interesting

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              Last Updated on October 6, 2020

              9 Steps to Disconnect from Social Media and Connect With Life Again

              9 Steps to Disconnect from Social Media and Connect With Life Again

              The world has never been more connected. No matter where in the world you are, you can send a message to anyone in another part of the world as long as you both have internet connection. In fact, Aussies living in the Outback will soon have access to the internet comparable to their city-dwelling counterparts. The internet not only breaks distance barriers, but also social barriers. A regular person, like you or me, can now tweet our favorite authors, athletes, and other famous personalities! Sometimes, they even respond.

              But sometimes, you may get lost in your online life that you forget to live your real life. You may focus on being more connected only to end up being disconnected with the real world. How is social media ruining your life? Watch this video to find out:

              Sometimes, you need to take a step back, disconnect from social media and connect with life once again. Here are nine ways you do so:

              1. Eliminate Gadgets for One Hour Before Sleep and After Wake Up

              You should spend the first hour of your day setting your own plans and agenda. You should be proactive in setting the direction of your day, not reactive. This way, you can determine how you want your whole day to go, not simply reacting to how other people want you to spend your day. During the first hour of your day, you can pray, meditate, connect with yourself, set your to-dos, and set your goals.

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              You should also spend the last hour of your day preparing to rest–your body and your mind. If you check your social media profile before going to bed, your mind will not get the rest it deserves as you will fill your mind with your friends’ updates on their news feeds, which do not necessarily make your life any better in any way or give you rest.

              2. Turn Off All Your Push Notifications

              It does not only save your battery life, it also saves you from a lot of distractions. Turn off all your push notifications from email, chat, and social media applications. In case of really urgent matters, people will give you a call.

              Success is about momentum. How can you gain momentum when notifications keep distracting you?

              3. Keep your phone in a drawer while you’re working.

              Sometimes, merely seeing your phone can distract you whether or not your notifications have been turned off. So, why not take the extra mile and completely hide it away from your sight given you can still hear urgent phone calls?

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              Again, it’s all about building momentum.

              4. Use Only One Device for Checking Social Media

              Facebook on your desktop, on your laptop, on your smartphone, and, now, even on your Apple Watch? That’s great! For Facebook that is. But, not for your focus and productivity. The more devices you have that can log in to your social media profiles, the more distractions you have to avoid.

              Of course, you still have to be connected online. But, use only one device to do so. This will help you condition your mind (and discipline yourself) that your gadgets are your tools for doing more important things than aimlessly scrolling down your news feed.

              5. Give Yourself 30 Minutes to Stay Connected

              Yes, you still have to log in! Being connected through social media is really a must in this technology-driven world. But, set a time limit for it. Otherwise, you will only waste hours each day. Give yourself thirty minutes (an hour at most) each day to respond to text messages, check notifications, accept friend requests, and respond to comments. I know you still want to. Unless, of course, you’re a social media manager. That’s a different story.

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              In case you cannot discipline yourself to stop logging in to social media, you can use browser extensions like StayFocusd for Google Chrome to limit the time you spend on them.

              6. Allot One Hour of Your Day to Respond to Emails

              In this increasingly online world, email still remains the most personal way of online communication. This is where the most important engagements still happen online. Other social media like Friendster and Multiply have come and gone, but email still remains. That’s why you can spend another hour each day checking and responding to your emails.

              7. Subscribe to Your Favorite Websites via RSS or Email

              Most of us rely on social media as well to get updates on our favorite blogs and website. But, social media are full of distractions. Instead, be proactive in getting updates as well. Subscribe via RSS or email to make sure that the only updates you receive are the updates you really want to receive.

              Don’t have an RSS reader? Try Feedly. Using RSS readers may be a bit confusing at first, but once you get the hang of it, it will save you from a lot of distractions. But, it can also get addicting. So schedule catching up on your RSS reader as well!

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              8. Use Third Party Applications to Post on Social Media

              In case you really need to post updates, use third party applications such as Hootsuite and Buffer. That way, you can avoid logging in to your social media accounts and getting distracted by your news feed and notifications. Because once you’ve logged in, it’s difficult to log out! You don’t fight temptation, you avoid it!

              9. Live a Real Life

              Most importantly, live a real life, interact with real people, and be awesome in the real world! Don’t stress yourself making your profile wonderful. Live an awesome life and it will automatically follow!

              Do exciting stuff. Write a book. Plan a trip. Whatever. Just be awesome!

              Most importantly, live a life that matters and you don’t have to get your satisfaction and fulfillment from likes and shares ever again!

              How About You?

              What do you do to disconnect from social media and connect with your life once again?

              Featured photo credit: Singularity University NL: Man versus Machine – Biology versus Technology by Sebastiaan ter Burg via imcreator.com

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