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Sometimes trying to save money can feel impossible. It’s not uncommon to feel like there is just never any money left over after the bills are paid. Saving sounds like something nice to do but tough to start.
In fact, a survey by Bankrate revealed that most Americans save very little and 20% save nothing at all. Luckily, in the age of handheld and connected technology, money saving apps might be able to provide a little help in saving, or at least being aware of where we can be more disciplined in our finances.
Regardless of your financial objectives, saving money is a smart move. Modern advancements in finance technology have helped many save and invest their money more easily and wisely.
These applications help individuals shift how they think about money, budget smarter, and manage their finances.
Let us have a look at some of the best money saving apps you can download now.
1. Coin Out – Extra Cash Back for Every Day Purchases
Coin Out (as seen on Shark Tank) pays you in cash backs for common purchases you would normally make anyway. All you have to do is take pictures of your purchase receipts to earn money back.
The app works with several stores such as Walmart, Sam’s Club, eBay, Clarks, Groupon, and much more—and it is super easy to use.
Psst. Check out that sweet free money sent straight to our PayPal account below!
Here is how to start getting cash back.
Install the Coin Out App on your mobile device (iPhone & Android). The app has functionality to let you scan your receipts, and you will earn cash back for them. Receipts have to be entered within a 2-week time period, which means you can scan any older receipts on hand within that timeframe.
You can make about 20-30 cents per day depending on the things you purchase. While it may not seem like a lot, the money adds up over time, and the practice will be powerful for creating good financial habits. It’s a great start to help you save, and be aware of what you’re doing to stay on top of your finances. Every cent counts!
Download Coin Out (it’s free!) to start getting easy cash back today!
2. Ibotta ($20 Bonus)
We still haven’t mentioned a way to save on food. Ibotta is an easy straight-forward app that pays you every single time you go grocery shopping.
Simply take a picture of your receipts, and the rewards come instantaneously (I’m talking less than 3 seconds). Save up your free cash and buy restaurant gift cards (you’re eating free food, ergo, saving money of groceries!) The Ibotta app supports a lot of stores such as Safeway, Costco, Dollar Tree, Walgreens and so many more.
But wait, there’s more…
When you create a free Ibotta account using this qualified link, you will receive a whopping $20 welcome bonus. That’s literally $20 just for downloading and using the app.
Related Post: Ibotta App Review
Meet the Facebook Messenger-based chatbot that haggles with your credit card and bank companies to negotiate refunds on bogus fees. The Cushion App helps you keep more of your hard-end money, especially, when mishaps happen such as overage charges or NSFs.
The best part about this app is that it doesn’t start negotiations unless you authorize it to do so. This means you are in total control when using this app. The company charges a 25 percent fee on successful negotiations only (the refunded amount).
4. Dosh ($1 Bonus)
Dosh is a mobile app that automatically gives you cash back every time you buy something.
Simply connect your credit card and the app goes to work, automatically applying cash back whenever you visit or use participating outlets. (like the ones below)
There is pretty much zero hassle unlike other applications of its kind. You will never have to scan receipts, clip coupons, or deal with some other requirement.
Just go about your business and get cash back on autopilot. Pretty sweet, right?
Find out more about Dosh (and all of the free money opportunities) in our full Dosh App Review here.
5. Rakuten (Ebates) $10 Bonus
This is a unique company. Rakuten (formerly Ebates) receives a commission whenever you make purchases at participating stores and they share that commission with you. They pay free money via PayPal or check every 3 months. All you have to do is shop online like normal
Best of all, you don’t have to link your credit card or bank account to get paid. Just sign up (you’ll get a $10 welcome bonus), and start earning Easy reBates (ebates).
Ebates Hack: want Ebates to work automatically? Install the Rakuten/Ebates button plugin for Firefox or Chrome to ensure you never miss a cash back opportunity. Their plugin automatically activates cash back as you shop online. This is certainly one of the best money saving apps out there.
Download the free Rakuten button here. You’ll get automatic cash back the next time you buy something on Amazon (or Walmart, or Khole’s, or TurboTax, or Petco, or one of the other 2,500 stores Ebates has partnered with)!
Want to receive emails that says, “You’ve received a $3 refunded for the dog food you bought yesterday.” Then get Paribus.
The Paribus app monitors your purchases. If the price of said purchases drops for any reason, Paribus tries to get you refund for the difference. This is a great money saving app because quite often prices are raised and dropped in stores to bring in cust