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8 Great Apps that Will Help You Save Time and Money

8 Great Apps that Will Help You Save Time and Money

There are plenty of great opportunities for self-improvement and indulging in small pleasures in this world, but lack of time and/or money often get in the way and keep us from moving straight forward and jumping on these opportunities. It can be tough to reduce spending and save some money if you don’t have a clue where your money is going and how much of it slips through the cracks. At the same time you can’t really efficiently manage your time if you are not productive and don’t have a defined schedule, which in turn limits your ability to spend more time learning new skills or getting enough rest.

Well, the good news is that the smartphone you have is good for more than just chatting with friends, browsing social media and playing games when you are bored – which you shouldn’t be doing in the first place if you are concerned with productivity and time management. Here is a list of some excellent apps that will help you save time and money during the course of your daily life.

1. HomeBudget with Sync

HomeBudget

    Effective budgeting should be your top priority, and the HomeBudget with Sync app has everything you will need to keep track of your spending and find that perfect balance between income and expenses. The app features a user-friendly design that is both very visually appealing and easy to navigate. Apart from standard functions like the ability to store a photo of a receipt and view handy charts, you can also access all the budget information in the cloud from different devices, allowing multiple people to effectively keep track of a collective budget.

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    2. Splitwise

    Splitwise

      One of the worst things for a well-thought out budget is when you live with or frequently go out to eat and drink with a bunch of different people who don’t share the same budget. It can be very easy for one person to end up constantly having to pay more and lose out on transactions like paying the bills or buying rounds. With the Splitwise app you can effectively split up bills and keep track of who has paid for what, without getting into arguments or playing the guessing game.

      3. TripLog

      TripLog

        Budgeting home expenses is all well and good, but what about when you hit the road? TripLog is an automatic mileage-tracking app that enables you to track your mileage, expenses and show your routes on a map. When your mobile device is plugged in the all automatically starts tracking once you go over 5mph. It is a great tool for those who drive a company car and need to write reports, and a good way to see which routes are more effective and give you a look into how much you spend during your daily commute, so you can work out how to save a lot of time and money.

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        4. Viber

        Viber

          Why spend more money every month and lock yourself into prolonged cell phone contract, when you can talk all you want and send as many messages as you want for free with Viber? Even better, Viber is now available for desktops as well. You will be surprised at just how much you can save on your phone bills once you switch over, especially if you are a very social little birdie and use your phone quite a bit during the day.

          5. CubeAnywhere

          CubeAnywhere

            Aimed at the more business oriented crowd – be they freelancers, team managers or entrepreneurs – CubeAnywhere gives you the ability to easily keep track of different projects and costs involved with useful charts. You can access the information from anywhere in the world and from any device, as the information is stored in the cloud and the app is integrated with Google’s services, like Google Docs.

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            6. EverNote

            Evernote

              It’s incredibly easy to forget things or lose track of your obligations, so a good schedule planner should be everyone’s top app. However, EverNote provides a lot more functionality, allowing you to quickly jot down information, take notes when inspiration strikes, and even manage expenses. Not only will you stick to your schedule, but you will be able to write down ideas when you feel most creative and productive, no matter where you are. It will probably be the one app on your phone that you end up using the most.

              7. Any.do

              Anydo

                If you are looking for a more minimalist streamlined approach for organizing your tasks, for instance checking off items on the list with a quick finger swipe, then Any.do is the right choice for you. All your to-do lists, projects and tasks can be shared with your co-workers, roommates or family members, as well as accessed from any device, so you can all stay on top of things wherever you are. You can even turn missed calls into reminders and put a widget on your home screen to always stay informed on the tasks that are coming up.

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                8. Contacts+

                Contacts plus

                  A lot of the time you end up mixing up numbers, forgetting who the person you need to call is or just have a very messy contacts list in general, which means it takes time to find and contact the right people. Contacts + allows you to set up a beautifully designed contacts list that can be prioritized by frequency of calls. It is synced with Facebook, Tweeter and the Whatsapp free messaging app, so you can add a current profile picture to every entry and quickly contact them via call, SMS or message them through social media. You can also get birthday reminders.

                  So, all you busy people out there who are leading a hectic lifestyle and are always strapped for cash or running late, get some of these useful apps and start getting your life in order. With enough time and effort you will be able to become a busy little ant that always stays on top of all tasks, which will lead to you having more free time and wasting less money.

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                  Ivan Dimitrijevic

                  Ivan is the CEO and founder of a digital marketing company. He has years of experiences in team management, entrepreneurship and productivity.

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                  Last Updated on July 10, 2020

                  The Definitive Guide to Get out of Debt Fast (and Forever)

                  The Definitive Guide to Get out of Debt Fast (and Forever)

                  Debt can feel crushing, like a weight that is always weighing you down. Looking at those numbers, it can feel as if you’ll never get out from under it. However, if you really want to learn how to get out of debt, it is possible with a great deal of focus and self-control.

                  Getting out of debt isn’t impossible. Like any big goal, all that it takes is an action plan to identify where you are and creating a plan to zero out your debt.

                  Identifying All of Your Debts

                  The first part of paying off your debt is getting a complete picture of what you owe. When you have everything written out in front of you, it makes it much easier to create an action plan. Depending on how much you owe, it might also help you realize it’s not as bad you might have originally thought.

                  Here’s how you can get started identifying your debts:

                  1. Own Your Debt

                  Before you start identifying all of your debts, take a moment to process that you have debt but want to get out of it.

                  Forgive yourself for any past mistakes, missed payments, or overspending. It might be painful to accept how much debt you have at first, but you must own it.

                  2. Make a Debt Tracker

                  It’s astonishing how few people ever created a tracker to understand their total debts. Most likely, it comes from not wanting to accept the guilt of having debt, but, if avoided, it can make it nearly impossible to get out of debt.

                  Open up a new Google or Microsoft Excel sheet and list out all of your debts. Start with the name of the creditor, interest rates, total balance, loan term length (if any), and the minimum amount due each payment. This will include student loans, credit cards, and any other type of debt owed.

                  3. Get Your Debt Number

                  Once you’ve made your debt tracker and taken the other steps, identify your total payoff number. This is crucial, as you will have a starting point and a clear goal that you are trying to achieve.

                  Prioritizing Your Debts

                  All debt is not created equal. It’s imperative to understand that there are different types of debt.

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                  1. Understand Bad and Good Debts

                  Bad debts are usually paying for things you want instead of always need. While there might be some emergencies that max out your credit cards, often times it’s excessive spending[1].

                  There are three main types of bad debt:

                  • Credit Card Debt: The average American household owes over $16,000 in credit card debt!
                  • Auto Loan Debt: According to CNBC , the average auto loan in the US is $30,032!
                  • Consumer Loan Debt: Consumer loan debt isn’t as common as credit card and auto loan debt, but it’s still considered bad as interest rates are usually between 10-28%.

                  Good debt is identified as investments in your future. Here are three common types of good debt:

                  • Student Loan Debt
                  • Mortgage Loan
                  • Business Loans

                  2. Decide Which Debt to Pay off First

                  Once you know each type of debt and their interest rates, you can begin to pay off debt quickly.

                  Focus on paying off bad debt first, regardless of if it is a credit card or auto loan. Start by paying off the loan with the highest interest rate first.

                  If you have several credit cards with different interest rates, you want to focus on the one with a higher APR. You will actually save more money by eliminating the card with the highest interest rate.

                  3. Don’t Pay the Minimum Amount

                  Paying the minimum amount digs you into a hole as interest rates will offset your payment. Even a small amount more than the minimum can help you pay off debt much faster.

                  Removing Obstacles to Pay off Debt Quickly

                  Creating a debt tracker and prioritizing a plan is simple, but avoiding temptation can be difficult.

                  1. Set a Reminder to Track Your Debt

                  “If you can’t measure it you can’t manage it.” -Peter Drucker

                  It’s so important to track your debt to ensure that you get it paid off quickly. Similar to working out and measuring your results, you need to track your debt constantly. Start with a weekly reminder, where you sign on and log your updated number. Did you increase, decrease, or stay the same?

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                  Regularly tracking your student loan balance can be incredibly motivating, as well. You will get a huge confidence boost each time you see your total debt amount decreases.

                  Set weekly and monthly goals so you can have short term wins and keep the momentum going.

                  2. Hide Your Credit Cards

                  If your biggest debt is credit cards, you need to eliminate temptation and remove them from your wallet.

                  Some people have gone to extreme measures by freezing their credit cards. Why? This would create an ice block around your card, which would require you to chip away at it slowly. This will give you time to think if it’s the best idea to buy that thing you’re about to buy.

                  3. Automate Everything

                  Willpower can be a huge downfall to paying off your debt. By automating your bills each month, you will ensure that willpower isn’t involved.

                  4. Plan Ahead

                  Getting out of debt will require some sacrifices, but with enough planning, you can make it work.

                  For example, if you know that you have a friend’s birthday or family dinner coming up, plan ahead for the costs. Whether you need to cut back on spending the week before, pick up a side job, or meet them after dinner, do what is needed.

                  5. Live Cheaply

                  The only way to get out of debt is to make some sacrifices on your spending habits. Find ways to save money each month so you can apply that amount to your outstanding debts. Here are some ways to save money each month:

                  • Live with roommates
                  • Cook dinners and prepare lunches for work instead of eating out
                  • Cut cable and choose Netflix or Amazon Prime
                  • Take public transit or bike to work

                  Finding the Lowest Interest Rates

                  The higher your interest rates, the harder (and longer) it will take you to pay off any debt.

                  If possible, you want to find ways to lower your interest rates to help get out of debt quickly. Here’s how you can get started:

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                  1. Maintain a High Credit Score

                  Your credit score will have a large impact on your ability to refinance your loans and receive a lower interest rate. If you have a low credit score, it’s unlikely you will be able to refinance your loans. Use these credit tips to increase and maintain an excellent score:

                  • Never miss a payment
                  • Don’t exceed 30% of your credit limit
                  • Don’t sign up for more than one card at once
                  • Limit hard inquires, like auto-loans and new credit cards
                  • Monitor frequently with free credit-tracking software

                  2. Find Balance Transfer Offers

                  Start by opening a free account on credit.com. Credit.com offers you the chance to open a free account and see what type of balance transfer offers you can receive. Some of your existing credit cards might already have 0% or lower APR balance transfer offers available.

                  Contact each of your credit card providers to ask about lowering your rate for a one-time balance transfer offer[2].

                  If you do take advantage of this option, make sure that you use a balance transfer and not a cash advance. Cash advances have a ton of high interest fees (15-25%, depending on your credit card) and will only compound your debt problem.

                  How to Get Rid of Debt Forever

                  Setting up a plan, removing temptations, and getting the lowest interest rates is the first step to get out of debt.

                  1. Keep Monitoring and Adjusting

                  Once you have a plan, don’t get comfortable. Track your debt payoff plan and make the necessary adjustments when needed.

                  Monitor your credit scores with a free site like CreditKarma. The higher your credit score climbs, the more likely you will be to secure a new, lower-interest loan.

                  2. Earn More Money

                  There are only so many ways to save money. Instead of clipping another coupon or making sacrifices for your morning coffee, find ways to earn more money!

                  Think about it…it is much easier to find ways to earn an extra $1,000 per month than find $1,000 to cut from your budget.

                  Here are some examples of ways to earn more money:

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                  Talk to Your Boss

                  Have a conversation with your boss about current salary and/or commission rates. If you’re not satisfied or want a change, don’t be afraid to look around at other positions. Some of them might even have a student loan debt reimbursement plan!

                  Start a Side Hustle

                  This could be coaching students on the weekends, driving for Uber, or taking paid online surveys. There are tons of ways to make money outside your 9-5. Now that you have a clear plan to pay off your debts, you’ll be more motivated than ever to figure out creative new ways to earn money.

                  Build an Online Business

                  There are so many websites and blogs that earn money from ads, affiliates, and other online products. Find your niche and get started.

                  3. Celebrate Your Wins

                  As you progress in your debt payoff journey, don’t forget to celebrate your wins. You need to always reward yourself for the hard work and discipline that is required to get out of debt.

                  While you shouldn’t celebrate so big that it increases debt, make sure to factor in little rewards to keep you motivated.

                  4. Set New Financial Goals

                  Eventually, with a plan and these steps, you can rid yourself of your debt. Once you do, make sure to celebrate your monumental achievement, but don’t stop there.

                  Now, you can focus on acquiring wealth and increasing your net worth. Set new financial goals so you have a new target to aim toward. Here’s how to set financial goals and actually meet them.

                  These could be anything now that you are debt free! Think about where you want to travel, buying your first home, or saving for your future retirement. Just like before, make sure that your goals are specific, measurable, and achievable.

                  Conclusion

                  Congrats, you can now set a plan in motion to finally pay off your debt quickly (and hopefully forever)!

                  Remember, if you want to get out of debt quickly, it’s not always easy. Just like any big goal, there will be sacrifices, challenges, and problems to overcome.

                  More Tips on Getting out of Debt

                  Featured photo credit: Pepi Stojanovski via unsplash.com

                  Reference

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