Save Money with Money Saving Apps free for Android and iOS Devices
Most of the people often thinking of starting a new saving budgets for a specific goal or making a new year’s resolution. But the truth is you can start taking charge of your spending time! There are many ways to create a budget, but if you are new to the whole thing you might consider using money saving apps. These apps can do a lot of the math and expense tracking for you, which leave you with more time and energy to focus on actually saving money
There are a lot of money saving apps out there, but we are going to look at two of our best money saving apps Mint and Level. Both of this apps are free, secure and fairly easy to use, and having all of the essential tools you need for apps to help you save money.
Mint Money Saving App
Free available for iPhone and Android Devices when it comes to personal finance you want to see a clear and big picture of every detail of credit card transaction, mint is the most money saving app out there. After you give permission to look at your bank transaction, mint Money Saving Apps automatically sorts out your expenses into categories like groceries, restaurant, and bills. This helps you understand exactly what you are spending money on, which should also make it easier to decide which expenses to cut.
Once you have decided saving money and how much you want to spend you can set a detailed budget with limits of each spending category. Mint Money saving app does an excellent job of visualizing your data. It automatically creates beautiful charts and graphs that let you see your spending habits and history at a glance. Mint Money saving app also does a really good job of sending alerts when something’s wrong, like if you have overspent or if your bank has charged you an extra fee.
How to setup Mint Money Saving App
Setting up Mint is easy and using it is even simpler. That’s because mint does all the hard work of monitoring your finances for you.
To get started, you create an account with an email address and username. Mint then asks you to look for the banks and credit cards you use so that you can give Mint access to information about them. Mint Money Saving App only works with the US and Canadian Bank Account but all the financial institutions are included this. You authenticate Mint to pull data from those accounts. That may sound dangerous to some potential users, but it’s not as big deal as you might think.
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Level Money Saving App
Free Available for iPhone and Android Devices like Mint Money Saving App, Level tracks and categorizes your purchases and bills. However, its approach to apps to help you save money but it’s quite different from Mint. Level is set up to answer one question: How much money do you have left to spend this month? When you sign up for level money saving app, it imports all of your financial gym membership, and so on, next, it helps you determine how money you would like to save each month.
Level Money saving app then subtracts you bills and intended savings from your monthly income and tells you how much money you are free to spend on everything else.
Like Mint, Level does a great job of visualizing your financial data. But Its minimal interface is a bit less intimidating than Mint Money Saving App, and the app is generally easy to use and quick to update. However, Level isn’t perfect. Compared to Mint, Level has sparse notification options. It’s also not very useful if you exceed your budget for the month. The main screen will simply show a negative balance, which—in our experience—can be a little discouraging.
Despite these drawbacks, if you want to think of saving in very simple terms, Level is a great tool to help you keep track of how much you should be spending in order to meet your goals.
Which Money Saving Apps should you use?
Remember, there is no best money saving apps – you should choose the one that works best for you. If you have a fairly complex financial situation, Mint might be the best choice. If you are just getting started the money saving app, Level’s simple focus on limiting your spending can help you change your habits quickly.
You might even try using both apps for different tasks. For example, you could check Level Money Saving App on a daily basis and use Mint Money Saving App once or twice a month to see more detailed breakdowns of your spending history and habits.