Here are some top picks that will help you effortlessly manage your finances

By Ashley Chorpenning

AAA World Article

Saving money is a challenge at times. If money management isn’t one of your strong suits, you may want to enlist the help of a savings app. Here are some top-picks that will help you effortlessly manage your finances:

If you want to save money without thinking about it, Digit is a great solution. Once you connect your bank account with the app, Digit analyzes your spending habits and automatically saves the perfect amount each day so you can devote your time to more pressing matters. Digit uses an algorithm to understand how you spend money which allows this app to maximize your savings.

Digit is available on iPhone and Android and offers a 30-day free trial for new customers. After that, Digit users pay $2.99. While you don’t earn interest with Digit, you do earn “saving bonuses” for staying on track with your monthly savings. 

If saving was like a game, would it increase your motivation? With Qapital you can make saving fun. Qapital helps you accelerate the achievement of your goals by letting you establish rules. Let’s say you want to plan a beach vacation. You start by establishing the amount you want to save and then you can capitalize on the saving rules you create.

For example, Qapital has the Round-Up Rule, which allows you to save your spare change on all of your purchases. You can also use the Guilty Pleasure Rule which allows you to save every time you enjoy one of your guilty pleasures. Qapital’s gamification component takes the hassle out of saving and makes it a game you actually want to play.

Tip Yourself is a savings app that rewards you for your positive habits. Whether you hit the gym or stuck to your budget, you can send your bank account extra money when you feel you’ve accomplished a moment of victory—big or small.

Simply attach your bank account to the Tip Yourself app and start tipping yourself for a job well done. Additionally, you can interact with other “tippers” on the app. Tip Yourself is available on iPhone and Android and is free of charge.

With Acorns you can invest, spend, or save your way to financial security. For $1 to $3 a month, you can invest your spare change and watch it grow.

With Acorns you will need to establish either an Acorns Core or Acorns Later account. You can establish an Acorns Core account within five minutes and automatically add money to a diversified portfolio. Or, you can select the Acorns Later account and choose an IRA account that will help you reach your retirement goals. Both accounts help users reach their savings goals with minimal fees and effort.

Mint is a free money-savings app that helps you develop a budget to ensure you maximize your money for savings, retirement, an emergency fund, and other financial obligations.

Say goodbye to late fees with Mint’s bill alert feature. Mint alerts you when you have upcoming bills, which in turn allows you to avoid pesky late penalties. Additionally, you’ll be able to get a free credit report, which will help you monitor and improve your credit score. 

Creating a solid plan to save money is crucial to your financial security. Invest the time to create a plan of action that works for you—whether it’s utilizing a budget or an app that makes saving fun. Whatever you need to make it work, start as soon as you can so that you can reap the benefits later.