Which apps help you save money?

 

In an app-filled world, it’s tempting to chase after quick cash promises from software developers. But many of the ‘money-making apps’ you see advertised on social media are just smoke and mirrors, promising the world but delivering disappointment. They might even sneakily swipe your data or cash along the way.

 

Best apps to help save you money

 

We have digital apps for all sorts of things, from fitness routines to daily horoscopes. But how do you find the best apps to save you money?

Are there any apps that can help you save money and become more financially savvy?

Yes – quite a few. Here’s a list of some that might interest you.
 

Looking for the best deals

 

Being a savvy shopper means getting more value for your money, especially when you’re buying daily necessities. You can use shopping apps to check prices at multiple retailers and save more on your monthly spending.

Avo SuperShop is our all-in-one shopping platform for everything from electronics to groceries. You can shop from multiple stores and have the whole order sent in 1 delivery. You save on petrol and delivery costs, even before you take advantage of the promotions that Avo offers regularly. Special Avo daily deals available only to Greenbacks members can save you even more.

You can also use apps like FOMO to find deals on activities and dining in your area – FOMO also offers users exclusive discounted vouchers for these items.

 

Boosting your savings

 

Loyalty programmes are hidden gems for savings. Most retailers have store-specific apps that help you keep track of your points and when they expire. Some apps will even provide you with personalised discount vouchers for products that you buy regularly, or that they think might interest you.

 

Instead of falling for flashy schemes, it’s best to opt for apps that help you grow your cash

 

If you have an account with Nedbank and you’ve signed up for Greenbacks, you will not only get cashback, but also discounts on travel, electronics, and entertainment. You can view your Greenbacks discounts by logging in to the Money app and swiping until you reach you reach the Rewards tab.  

 

Budgeting made easy

 

Budgeting doesn’t have to mean spreadsheets. There are apps that simplify the process for you, whether you’re creating a monthly budget or planning for a specific expense, like a holiday or a deposit on a home loan.

Digital banking apps often include helpful budgeting functions. The Money app has an integrated budgeting tool that pulls information about your spending directly from your account, so you can tell at a glance whether you’ve been overspending. You’ll also find the credit score checker and MyPockets savings options on the Money app useful when doing your financial planning.

 

Comparing prices

 

Price comparison apps can be a lifesaver, with so many stores to choose from in such competitive markets. Price Check offers a comprehensive list of reputable stores and the prices of their products. Google’s shopping tab lets you filter stores and sort by pricing.

The only pitfalls of these apps are that they may not feature smaller local stores, and prices may not always be up to date. But they are still useful tools to help you find good deals and get an idea of the average price of a product. They can also help you find stores that you may have overlooked otherwise. Generally, they can be helpful tools to find the most competitive offers.

 

Improving your financial literacy

 

Knowledge is power, and the more you know, the more likely you are to make better financial decisions. Apps like YouTube, Udemy, and LinkedIn can be handy sources of knowledge about finances and money-saving tips. You can learn about saving for retirement, starting a business, or breaking bad spending habits.

Online websites like MoneyEdge are also good learning tools, as well as financial blogs like these. Just make sure that you get your information from a trusted, reputable source.

 

Don’t fall victim to misinformation and fake news

 

Saving and making more financially savvy decisions is easier when you have the right tools at your disposal. Instead of falling for flashy schemes, it’s best to opt for apps that help you grow your cash and manage your money smartly.

Take control of your finances and reach your savings goals.