Saving money. Some of us need to do it. And all of us want to do it. But often, it’s not quite as simple as that. Whether it’s general bills, travel payments or the costs of childcare, general everyday life can be expensive. Thank goodness for money management apps, then.
Money management apps can help us curb our expenditure and save money on the go. In fact, some of them are so well designed, you won’t even realise you’re using them.
Here are the 5 best ones to download now.
An app that tracks your spending, Chip makes it easy to save money automatically. Used by over 400,000 customers, the app uses artificial intelligence to connect to your bank and monitor your outgoings. It identifies saving opportunities and makes sure you’re putting the correct money aside based on your saving goals. Chip also pays interest when you save in your virtual Chip-monitored savings account.
As for the future, you’ll soon be able to also invest via the Chip app. This is thanks to their partnership with Black Rock, one of the biggest investment managers in the world. The app is free and available on both iOS and Android.
If you’re keen to get more organised with your finances, HyperJar can help. It works by allowing you to split your money into digital jars, which you then dedicate to different categories. For example, you can have a jar for holidays, a jar for shopping and a jar for entertainment. You can also set up shared jars with friends, making it easy to go halves in restaurants or split household bills.
HyperJar also provides spending notifications and analytics to give you a clear overview of your spending habits. Again, the app is free to use on both iOS and Android and there are no hidden fees.
Airtime Rewards helps you save on your mobile bill by rewarding you every time you shop. All you need to do is link your cards with the app and you’ll earn rewards every time you spend money at one of its 270+ participating stores. This includes leading brands like Argos, Asda, Boots, Primark, Greggs and more.
Since launching in December 2016, the app has helped over 1.5 million customers earn over £9 million in rewards. The app is free to download on both iOS and Android.
Shopping around can be time-exhausting, but it can save you chunks of money. If only there was an app that did the hard work for us. Well actually, there are a few! Our favourite pick is the idealo app, which lets you search and compare prices on the go.
Idealo also provides extensive product information and recommendations and you can set up price alerts too. The app is free to download, easy to use and available on both iOS and Android.
And last but not least, there’s us! The TransferGo app lets you send money to anyone, anywhere. Whether you’re wanting to pay a bill or send money to a family member, our app lets you do so quickly and easily. In fact, our network now covers over 160 countries.
Thanks to our low fees and great exchange rates, you’ll make big savings compared to using local banks and competitor sites. Our app is free to download on both iOS and Android and you can pay by bank transfer, credit/debit card, Google Pay or Apple Pay.