Saving money to buy a home, pay off debts or travel the world is easier said than done. With a new year comes plenty of new goals (some you’ll accomplish, while others may fail miserably.) After holiday splurging, spending less and saving more is a resolution most of us strive for year after year. Budgeting is an important part of developing good financial habits and building wealth but unfortunately, many fail to keep on track after the first 90 days of the new year. There are several banking apps, automatic savings apps and investment apps that help make budgeting easier than ever before but what if there was an app that’ll save you money without you having to do a thing?
(If you’ve ever searched for the ultimate budgeting app – then you’ve found it here!)
Digit is a free online service for mobile users that automates your savings in a way that you won’t realize you’re saving. Digit first links up to your bank account, reviews your payment history and predicts your income and cash flow. After Digit’s system understands how much you spend every day and how you try to manage your money, it calculates all your possible daily savings opportunities. Everyday, Digit takes out small amounts of money (anywhere from $5-$50) that you may not have realized you didn’t need or use. After Digit takes out the dough, it puts that cha-ching into your savings.
Digit always checks in with you and lets you know how much it’s been able to save for you via regular text messages. But if a particularly rainy day hits, just text the word “Withdraw” and your money will be in your pocket by the next business day. Sounds like we’re all going to need a bigger wallet. Ready to get started? Digit and earn $5 when you share this money saving app with others HERE.
Do you struggle yearly with budgeting new year’s resolutions? What will Digit help you save for? Share in the comments below!
