5 Practical Tips That Will Save You Money and Make Your Life Easier

3. Financial Assistant Apps

Thanks to technology today, you can have your personal financial assistant with you wherever you go, 24/7. Now, instead of paying hundreds of dollars for financial assistance, you can use apps like Trim or True Bill to help you out.

These apps are not at all complicated. Trim, for example is a personal financial assistant that works via Facebook or text messages. The app takes care of those unwanted subscriptions that got added to your account.

Service companies, financial companies and even product companies rely more and more on automation to charge their customers for unnecessary and unwanted services.

If you were to sit down and actually check all your credit card as well as debit card statements, you would find at least one (if not more) subscription that you aren’t using. You would also most probably find at least a couple of finance charges or late fees that you didn’t pay much attention to.

And this is where Trim and other apps like it can help. Such apps are designed to cancel subscriptions that you are not using. The app identifies recurring charges and then communicated to you via either Facebook or text.

To be able to use Trim, you need to connect your bank accounts to the app. An encryption called Plaid is used to keep all your data secure. And Trim does not have any access to your login information and has read-only access to your data. Basically, the app is as safe as your bank account is.

And another nice feature this app has is that you can earn back a couple of dollars a month in cash-back offers.