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Personal Finance

Two Apps That Can Help You Save Money


In today’s age of being super busy and having to juggle everything at once, keeping track of your finances could be difficult. Luckily, we live in a time that technology can help us track and manage our money. Here are two apps that can help you save money for any occasion, whether it be for retirement or just everyday purchases.

Mylo – Round Up Your Purchases (iTunes)

Mylo, like many financial apps, aims to help people achieve their financial goals. The app works like this, it will round up all your purchases and automatically invests them. For example, if you bought something for $5.25, it will round up the purchase to $6.00 and automatically transfer the 75 cents into an investing account. The benefit of this approach is that you would essentially be saving on every transaction you make. The best part is that you can control how aggressive you want the app to be. If you’re looking to save without thinking, this app might be for you. Mylo currently ranks at #10 in the finance section in iTunes for most downloaded.

Mint: Personal Finance & Money (iTunes)

Mint is another popular app that can help you save money. The best part about Mint is that you can see your entire financial picture in one place from account balances, to spending and even net worth. The best part about Mint is that you can always see where you stand and see how much money you’re spending. Using an app like this can help you budget better and also correct unhealthy spending habits that could be out of control. Mint currently ranks #15 on iTunes and also holds an editor’s choice award.