Who doesn’t want to save more money? With the advent of technology, apps have become one of the best ways to put a little extra cash in your pocket. To help you out, we’ve compiled a list of our favorite money-saving apps that are easy to use and effective.
1. Honey
Honey is among the best money-saving apps that make shopping easy by automatically finding and applying coupon codes whenever you shop online. The app searches the web to find the best deal on your purchase, so you don’t have to. It will also keep track of price drops after you’ve already made a purchase, ensuring that you get the best deal possible. The app supports over 30,000 stores and is free to use.
2. Capital One Shopping
This money-saving app is an extension for Chrome that helps you find better deals online when shopping at Amazon, Best Buy, Target, and Walmart. Capital One Shopping keeps track of your search history and finds better deals on items similar to what you’re looking for. The extension links directly to coupons for your most frequented sites, so it’s convenient to use. Capital One Shopping is free to use and requires no login information!
3. Clarity Money
Clarity Money is an app designed to help you manage your finances by giving you insight into where all of your money goes every month. The app works by connecting with your bank account and analyzing your monthly transactions to create a budget for you based on your spending habits. Clarity Money can also negotiate bills on your behalf.
4. Earney
This app helps users save money by automatically transferring small amounts from their bank account into a savings account daily. The Earney program will also send you notifications when your balance is getting low so that you can set aside an extra amount for large purchases.
5. Ibotta
Ibotta is a great way to shop online and get money back on your purchases. It has over 1,500 retail partners and many rebates that help you save money when shopping for groceries or clothes, booking travel accommodations, paying for entertainment, etc. The app also includes real-time coupons from major retailers to maximize your savings! You can even use it in conjunction with other apps like Rakuten (formerly Ebates) to earn cashback on clothes to car rentals.
6. Drop
Drop is an app that helps you earn points when shopping at specific stores or eating at participating restaurants without having to do anything! Just link up your credit card or debit card to get started! You’ll automatically earn rewards every time you purchase with these cards and then exchange them for gift cards at your favorite places like Starbucks, Whole Foods Market, Sephora, and Target – to name a few!
7. Rakuten
Rakuten, formerly known as Ebates, is an online cashback website. If you shop at a retailer that partners with Rakuten and use the Rakuten portal to reach the retailer’s website, you will receive a standardized percentage of your purchase back in cash. Rakuten has over 2,000 partner retailers and even offers a money-back on travel purchases.
8. Shopkick
Shopkick is a rewards app that offers points for shopping at certain retailers and scanning items in-store. You can earn points from home too by engaging with Shopkick’s content. Users can redeem their points for gift cards from popular brands like Amazon and Target or sweepstakes entries.
9. Trim
Trim is a money-saving bot that helps you negotiate bills, find savings on subscriptions, and cancel unwanted subscriptions. Trim also sends you weekly updates about your spending habits. All you have to do is connect your bank account to the app to use it.
10 Truebill
Truebill helps users budget and keep track of their spending with the help of a budgeting tool. Truebill also monitors users’ subscriptions so they can cancel unwanted ones and negotiate bills to save money on monthly services like internet or cell phone plans.
11. Billshark
Billshark is a company that will negotiate your cable, internet, and other recurring bills on your behalf. They charge a fee of 40% of the money they save you, which they collect after you’ve seen the savings, so there’s no risk involved in trying out their service.
12. Digit
Digit is an app that analyzes your spending habits and automatically transfers money into a separate savings account. You earn 1% interest per year on what you save and can withdraw the money at any time (but the process takes three to five days). If you lose money using the program, Digit promises to pay you back up to $500.
13. Qapital
Qapital is similar to Digit—it allows users to set up rules for transferring funds into a savings account—but it also offers other features such as investment accounts and charitable giving options. Qapital charges $3 a month for its services.
14. Acorns
Acorns is an investment platform that connects with your bank account, credit cards, and PayPal account and invests spare change from round-up transactions into a diversified portfolio of exchange-traded funds (ETFs).
15. Stash
If you’re looking to start investing but don’t know where to start, Stash is your app. It offers tips and advice on getting started investing, with no minimum balance required. Plus, it guides what investments might be best for whatever goals you have. It’s never too early to start thinking about retirement!
16. Empower
Empower uses an algorithm to design a personalized savings plan for you. It moves money from your checking account into your savings account regularly so that you don’t miss the funds or spend them elsewhere. You can also turn off this feature if you need the money for an emergency expense, such as a trip to the emergency room or an unexpected car repair bill.
17. Earnin Tip Yourself
The Earnin Tip Yourself app lets you save money by rounding up your purchases and putting the extra change aside for later use. You can also earn tips at work, and automatically put them into your “tip jar.”
18. Peak Money
Peak Money is designed to help users learn how to manage their finances more effectively and efficiently and provides a budgeting toolbox that allows users to set up budgets based on their income and expenses.
19. Twine
Twine is a joint savings account app. You and your partner, roommate, or friend can open up a joint savings account that earns interest with no fees. The app also offers a financial advising service for $300—which is taken from the savings account—to receive personalized recommendations on saving better and spending smarter.
20. Aspiration
Aspiration is an online bank with no monthly fee and no minimum balance. It has high-interest rates and special perks like cashback at certain merchants, and it even offers debit cards made from recycled ocean plastic.
21. Chime
Chime is one of the best money-saving apps for an online bank with no monthly fee and no minimum balance. It has features that automatically round up transactions to the nearest dollar, depositing the money into your savings account. It also gives you access to your paycheck two days earlier than most banks, with direct deposit.
22. Varo
Varo is an online bank with no monthly fee and minimum balance requirements. It has features that allow you to track spending in different merchant categories, like food or shopping, which helps you budget better each month by seeing where you’re spending the most money.
23. One
The One app is one of the best money-saving apps for beginners who need to sort their money. It’s a straightforward savings app that does exactly what it says: it helps you save money. You can set up the app to transfer money from your checking account into your savings account regularly, helping you put away money without thinking about it too much. You can also use the app to create budgets and track your spending. As a bonus, Simple also offers debit cards—so if you’re looking to switch banks or upgrade your bank account, this might be an excellent place to start.
Saving money is a great way to improve your financial situation, but it’s not always easy. If you’re ready to take the leap and start saving, the above-discussed money-saving apps can help you get started.