Top 5 money saving apps

Saving money is a goal of many, but it is yet a difficult thing to achieve. Whether it’s the attraction of impulse purchases, mounting debts, or the constant stream of unexpected expenses, the road to financial stability can seem intimidating. Therefore, finding resources that can help you with that is essential. This article will highlight the Top 5 money-saving apps. Enjoy it!

Top 5 saving-money apps

#1 Mint

Mint is a comprehensive personal finance app that tracks expenses, creates budgets, and monitors financial goals. It provides insights into your spending habits and offers suggestions for saving money.

• Pro: Mint provides a comprehensive overview of your finances in one place. It allows you to track your expenses, create budgets, and set financial goals, giving you a clear picture of your financial health.
• Con: Mint’s categorisation and budgeting algorithms may only sometimes accurately classify your expenses. You may need to manually adjust or categorise certain transactions, which can be time-consuming.

#2 Honey

Honey is a browser extension and mobile app that helps you find the best deals, discounts, and coupon codes while shopping online. It automatically applies relevant coupon codes at checkout, allowing you to save money on your purchases.

• Pro: Honey helps you automatically find and apply discount codes while shopping online. It saves you time and effort by searching for the best deals and using relevant coupon codes at checkout, saving you money on purchases.
• Con: Honey’s available discounts and coupon codes may vary depending on the stores you shop at. While it covers a wide range of popular retailers, there’s a chance that not all stores or products will have applicable discounts. It’s advisable to double-check the availability of discounts before making a purchase

#3 Recharge.com

Recharge.com is a mobile app and platform that allows users to conveniently top up prepaid mobile phones and purchase digital gift cards for various brands and services. It simplifies recharging phones and buying gift cards, offering different payment options and supporting multiple mobile operators globally.

Recharge can help you save with the extensive assortment of prepaid credit cards and digital gift cards available. Besides, you can spend less on your mobile bill by having a prepaid phone and using Recharge.com to top up. Read our article: How to spend less on your mobile bill for more information.

#4 TopCashback

TopCashback is a cashback platform that offers money back on online purchases made through their website. It partners with various retailers and provides cashback offers you can use while shopping. You can browse their list of partnered stores, click on a store link, make a purchase, and earn cashback on eligible transactions. It’s a popular option for saving money on online shopping in Ireland.

• Pro: TopCashback offers cashback on online purchases from a wide range of partnered retailers in Ireland. You can earn money back on your shopping, which can add up over time and help you save money.
• Con: The cashback process with TopCashback may require some patience. Sometimes, it can take a while for cashback to be credited to your account, and there might be specific terms and conditions to fulfil for each cashback offer. It’s important to read and understand the requirements to meet them and receive your cashback successfully.

#5 YNAB (You Need a Budget)

YNAB is a budgeting app that helps you plan and track expenses effectively. It focuses on giving every dollar a specific purpose and enables you to prioritise your spending. You can save money and make informed financial decisions by closely monitoring your budget.

• Pro: YNAB helps you create and stick to a budget by giving every dollar a specific purpose. It encourages proactive financial planning and lets you prioritise your spending, leading to better management of money.
• Con: YNAB operates on a subscription model, which means there is an ongoing cost to use the app. While the subscription fee supports constant updates and improvements, it may deter some users who prefer free or one-time purchase options.

An extra tip is to set a goal to do something you want to, like going on a trip, buying a car or buying new furniture. You can also search for the best apps to help you budget. Before thinking about saving money, and you should know where your money is going.

With these money saving apps, you should be able to start saving money like a pro. Good luck!