11 Best Financial Apps for the Really Thrifty People
When you’re retired, it pays to be money smart.
If you’ve got a mobile device at your disposal, why not turn it into a practical assistant that will help you in daily savings?
Here are 11 financial apps all frugal people use in their daily lives – and so should you!
1. Mint Budgeting App
This app is considered as one of the best budget apps on the market. If you’re looking for a tool to help you craft a personalized budget, Mint is a great choice.
The app tracks your expenses and provides tips that are customized to match your spending, helping to reduce your bills and fees. Mint will also alert you if any unusual charges appear on your account. You can be sure that all the accounts and data are kept secure.
The app also includes your credit score, so you can get a broader view of your budget and personal finances.
About.com awarded Shopkick as the Best Money-Saving for a reason.
The app functions like a shopping rewards program. It rewards users every time they check into a store. You won’t even have to buy anything to receive points.
For every check-in with a partner store, users get a ‘kick’ or point. With enough ‘kicks’, you can redeem special discounts, gift cards, vouchers, cinema tickets, and more.
All this makes Shopkick an app of choice for frugal people. The app is available for free on iOS and Android systems.
3. Chef Plan
Quality food can be costly. And nutrition is important to everyone, regardless of their age.
One of the easiest ways to save money is planning your weekly meals. It also helps to cut down on waste.
Chef Plan is an app dedicated to meal planning. Adding one dish, Chef Plan will suggest another meal for that week. The app also displays when was the last time you’ve had this meal. All this to ensure that you follow a healthy and varied diet without breaking the bank.
If you’re an avid traveler looking for a smart way to save up on plane tickets, downloading the Skyscanner app is a must.
Skyscanner compares the prices of over a thousand flights in less than a minute. All the fares are displayed on the the app’s interface and available for direct purchase.
Planning a vacation yourself, you won’t have to pay travel agent’s fees, saving up on your travel expenses.
This app is a favorite of smart shoppers.
Let’s imagine you’re in a store and you’ve just spotted an interesting product. Turn on the app and scan the barcode. It will compare prices across thousands of retailers, both brick-and-mortar and online.
You won’t need to spend time and money on looking for a better deal on your own. ShopSavvy does it for you.
But that’s not everything. ShopSavvy also includes product reviews, markdown alerts, and wish lists. Most importantly, it’s free to download.
You’ll be grateful for this app if you drive a lot.
Prices of gas differ between stations, and GasBuddy was designed to show you the cheapest gas in your neighborhood.
You can join the GasBuddy community and update fuel prices at nearby stations as well. Doing that, you might win a cash prize.
Stores often don’t loudly advertise the fact that they accept coupons. If you’ve got one and don’t want to miss out on a great purchase, use RetailMeNot.
This amazing free app helps to uncover discounts, deals, and other special offers at stores in your vicinity. It’s smart to check RetailMeNot for your favorite stores – you never know, maybe they’re ready to give you something for a fraction of the original price?
Users like to use this app on the road for finding cheap accommodation, vehicle rental and other services.
But online shoppers will benefit from the app as well – it shows deals for online stores. RetailMeNot offers a myriad pathways to saving money.
CompareMe is an app that offers a smart product price comparison to help its users find the best deals.
But CompareMe also analyses these deals and shows why sometimes buying the product individually is actually a smarter choice.
And that’s something not every shopper would notice.
This free app is just perfect if you’d like to send and receive cash for friends without having to use banking systems which charge an interest rate for swapping money.
Some users complain that the app relies too much on social networks, but Venmo is definitely one of the best mobile payment systems around.
When turning on the app, make sure to set your account activity to private. You don’t want your entire network of friends to know what you’re up to with your finances.
If you’re looking for a smart and simple way to educate yourself about personal finance, LearnVest is an app for you.
It monitors your money and can put you in touch with a real-life financial advisor who will help you make the most beneficial financial decisions. But LearnVest also offers plenty of reading material about various topics to help boost your knowledge about personal finance.
The app is only available on iPhone and Web, so if your mobile device runs on Android, you should pick Mint instead.
11. Budget Boss
If you’d like a simple app that would help you to create a budget and evaluate it, Budget Boss is a great pick.
Budget Boss is excellent if you want to spend as little time as possible on financial planning. It’s much simpler than Mint, and just as functional.
We could all use some assistance in managing money, so you can be sure that the app delivers insights that will help you to make informed decisions about your budget.
Try one of these 11 apps to see how easily they can help you save money during your retirement.
Kate Thora is a devoted wife and mother who constantly tries to teach her two children how to become more frugal and money-conscious. She is also an employee at Uphours, a business directory allowing you to learn more about various companies before investing.