The app lets you invest spare change from your everyday purchases. For example, if you spend $3.95 on a coffee, the app would automatically round up to the nearest dollar to add those extra five cents to your diversified portfolio.
Acorns assists you in building your portfolio by getting a sense of what your goals are. Experts in economics, like Nobel Prize-winning economist Dr. Harry Markowitz, build these portfolios to help you wisely invest your money.
There are no minimums or trade fees with Acorns, allowing you to invest spare change until you grow a sizable amount of wealth.
Qapital makes it easier to save for your future without imposing budget extremes on your current spending.
The app motivates you to save money faster. Use goals like a college fun, wedding, or birthday party to remind yourself why you’re building wealth. Qapital helps you build discipline with the Rules option, allowing you to nip bad spending habits.
If you like accountability, Qapital offers a Shared Goals option. Tell others of your goals to keep you on track and add a little friendly competition to the mix.
Budding investors also enjoy the app’s pre-built portfolios to diversify your funds and grow savings over time.
And if you like a challenge, Qapital offers Money Missions — fun challenges to make you think deeper about your spending.
Twine helps couples save money. When both of you agree on a shared savings goal, such as for a house or vacation, the app gives you the guidelines and information to help you collectively save the desired amount.
Each partner can contribute to the goal separately, but the app lets you track progress together. It can calculate how long it will take to reach your goal, depending on how much each of you invests monthly.
You can set up as many individual or joint savings goals as you want. You and your partner can also have separate Twine accounts or share one on a single device.
Twine lets you invest in cash or set up a portfolio to help you grow your income. The app tailors portfolios to you and your goals, allowing you to get started with as little as $5.
Truebill arranges a snapshot of your financial life — and shows all the ways money leaves your bank account.
Track all your subscriptions, poor spending habits, and other hidden expenditures with the easy-to-use app.
You can get financial reports to see where every cent goes per month and receive ways to save money and spend smarter.
Truebill provides tips to negotiate high bills, such as for phone or cable, to help you stop overpaying. It’s an app best suited for those hoping to tighten their expenditures. Download it for iOS or Android.
It’s easy to lose track of every dollar you spend. That’s why these money-saving apps give you control over your spending and help you start your savings journey.