Nearly everyone has a smart phone nowadays. Even those who are struggling financially would likely consider their mobile device a “must-have”. While smart phones can be expensive (purchase price plus monthly data plans), they actually have the capability to help you save money in other areas. There are apps for shopping, banking, budgeting, and more. Here are some smart phone apps that can save you money.
Save Money With Financial Apps
Mint: Offers a wide suite of financial tools that you can link directly to your accounts to provide accurate analysis of your financial situation. You can track your spending, set bill reminders, generate charts and spreadsheets, and set financial goals that the app will track. (Price: FREE)
BillGuard: This app helps you protect yourself against hidden fees, billing errors, suspicious activity, scams, and fraud. You can flag suspicious activity right in the app. It will also alert you if someone has flagged a charge similar to one that has appeared on your account. This app also features a dashboard to monitor your spending. (Price: FREE, Premium Account: $4.99 a month)
SavedPlus: This app helps you save money without even trying. Every time you make a purchase, it will transfer a predetermined percentage of the purchase price directly into your savings account. So, if you set it to 5%, then spend $50 on groceries, then $2.50 goes from checking into savings. (Price: FREE)
Save Money With Deal / Shopping Apps
RetailMeNot: Use this app to search for coupons and discounts from many major retailers. Coupons will appear right on your phone that you can show to the cashier. No need to print. (Price: FREE)
Red Laser: Using this app you can scan a product barcode using your smart phone’s camera, and it will show you the prices for that item at nearly retailers. A great and easy way to comparison shop on the go. (Price: FREE)
ShopKick: Several major retailers participate in this rewards-based app. You can earn points towards giftcards, merchandise, or other free items like mp3 downloads or food/drink items. You can earn points just for entering the store, or earn more buy scanning items and making purchases. (Price: FREE)
While smart phones are a luxury that not everyone can afford or deems necessary, you can defer some of the costs by utilizing apps like these to save money and organize your finances. Use your phone and these helpful apps as tools for better financial management.
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