I dont know about you, but its virtually impossible for me to save regularly.
So how can I save the money I know Ishouldbe putting in the bank?
Thats right youre going to be hoarding pennies.
No Interest Til Almost 2027?
Balance Transfer = Credit Card Cheat Code
1.
Digit
Digitis a service that links to your checking account, monitoring your daily spending habits and income history.
The company is so confident in their math that they have ano-overdraft guarantee!
If they get the calculations wrong, theyll cover your overdraft fee.
Did you know?
Youre not locked into a recurring dollar amount or frequency.
Ive been plunged into the red enough to realize that regularly scheduled bank savings transfers arent for me!
The companys goal is for you to save money without thinking about it.
Digit is free for the first 100 days; after that it charges $2.99 a month.
Digit has mobile apps for bothiPhoneandAndroiddevices.
The service works with more than 2,500 banks in the U.S.
2.
Acorns
Ever wanted tostart investing, but worried that you didnt have enough money?
And right now its giving new users a$5 bonus to get started.
Every time you swipe your card, Acorns will automatically round-up whats left to the nearest dollar.
Not a banking wizard?
Are you totally lost when it comes to the stock market?
Acornsmakes it easy to investby removing the responsibility of choosing individual investments or worrying about trades.
You dont need any previous investment knowledge or history.
You wont grow your money overnight, but youll see real-time returns on your investments.
Like with any investment, your losses and gains are subject to market fluctuations.
With a Conservative portfolio, I turned $15 into $19 within a few weeks.
Downloading Acorns is free, but you will pay a low fee to invest.
If you have less than $5,000 in your account, youll pay $1 per month.
Investors with more than $5,000 will pay 0.25% per year.
The cool thing about Acorns is that youre not simply monitoring your assets, youre creating them.
Its a great place to store those leftover pennies from your Netflix and Hulu payments.
Just round-up your transactions to the nearest dollar and let Acorns do the rest.
you’re free to even monitor your extra savings through theBank of America mobile app.
This program takes some of the worry out of saving, since its all automatic.
If you choose, you’re able to also set up automatic daily or monthly transfers.
As a Wells Fargo customer, Ive found both pros and cons to this account.
Its nice not to manage the savings at all, since the program takes such a small increment automatically.
Plus, its convenient because I can manage it within myWells Fargo mobile app.
CJ Reid is a writer, blogger, small business owner and consummate penny hoarder.
When not freelance writing or editing, she is flipping furniture or doing transcription work.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
