These are five of the most noteworthy mom-centric and user-friendly savings apps that you can use to manage your money much more quickly!
Being a mom is the most beautiful and rewarding feeling in the world. It does, however, require sacrifice and places the needs and wants of your family above yours. A mother takes on several roles in the household with managing budgets and expenses being just some of them. If you’re a mom struggling to handle your day-to-day expenses and saving your money at the end of the day, we’ve got you covered.
1. Pocketbook
If you want to take back control of your money, Pocketbook is the app for you. It allows you to track your spending, bills, and balances and understand and keep track of your finances, which can get confusing at times.
With 800,000 daily users, this app is entirely free. So, you don’t need to spend any extra bucks on managing your expenses. This app also automates your transactions by syncing your bank accounts to make your life easy. You can sync this app across different devices. So, get busy and get saving!
2. Digit
If you’re a mom who doesn’t have the time or energy to think about savings, Digit has you covered. This app thinks and saves for your best financial interests. It analyzes your current income, expenditures, and potential savings and then calculates and transfers your savings to your secure Digit account.
Not only this, but it also gives you a one percent saving bonus every three months. You can access your Digit account at any point in time, and it never saves more than you can afford.
3. Mint
If you are worried about late fees and penalties, Mint is here to save your day by allowing you to track and stay on top of your bills to avoid having to pay extra money for late fees. Using this app, you can also track your credit score to see if you can get a better loan rate to buy a new house or a car, for example.
The app does this by monitoring your savings and good spending habits and then decides if you are in a better position to get that loan. So, get your credit score with just the tap of a finger!
4. Good Budget
If you need to be kept in check to not spend beyond your limit, then Good Budget is the app for you. It uses the envelope budgeting method. There are only a few simple steps to start building your budget:
- Decide and craft a budget
- Divide your budget into categories, for example,groceries, clothes, etc.
- Decide a spending limit for each category
- Leave it to a Good Budget to do the rest
A reasonable budget ensures that you don’t go beyond your spending limit. So, if you want to buy those beautiful pairs of shoes, the app will show you how it will mess up your budget right away that helps you be more self-disciplined in spending.
5. Clarity Money
If you want to differentiate between wise and wasteful spending, then Clarity Money is what you need. As a mom, you might have subscribed to many things you don’t get time to use but are paying for anyway. Clarity Money will cancel subscriptions for you that you don’t need or use.
Clarity Money will do it for you if you want someone to bring your bills down to a lower rate and also helps you track your spending to make sure you don’t overspend. Not only this, but Clarity Money also gives you recommendations on credit cards that would be more suited to your credit needs and spending behavior. All the money the app has helped you save can now be put into a secure savings account with Clarity Money.
Final Thoughts
Money-saving apps will take away the hassle of worrying about your savings, bills, and spending. All you have to do is download them and let them work their magic. For a mom like yourself, these apps will keep you out of debt and ensure that you save today to create a better future for you and your family.
