Invest Wisely

Very Important Money Apps to Save Extra Cash

by Ryan Kinnar5 min read

If you are looking for ways to save some extra money, there are various money apps that you can use. Of course, it can be hard to tell which ones are truly useful but there are ways to determine which ones are worth installing and using.


People often manage their money by grabbing a piece of paper and listing down outgoing expenses. Then they note the incoming funds and deduct a certain portion for recreation. Some seek assistance and try to automate the process.



The number of money apps and users who download and use them has increased in recent years. These apps range from banking which customers use to check their balances and monitor their spending. With so many money apps available, it’s hard to tell which what’s really useful and can provide a clear picture of your finances that could lead to constructive changes.


Here are some of the apps that have been tested to be useful and how they work.


Tip Yourself

You have to sign up to use the app. Once you create an account, you can save as you go or set a goal and an amount that you want to reach like a goal for student loans for example. When you get to the main page, it will show you your current balance and you will see an animated jar that fills up as you put savings in. You can tip any amount that is above a dollar.

The app gives you options to view your transactions and a worldwide feed that shows the progress of other users. The amount of other users are not revealed but their goals are. When you make a tip, the app will ask you why and you can choose from various presets like “Getting motivated” or “Feeling good”. Other users input their own text.


Very Important Money Apps to Save Extra Cash


You do not need to sync your accounts or set a budget. The app is straightforward and easy to use. However, if you are someone who are looking for a more structured goal and if you want feedback on budgeting and interest-based savings, you would not get those features on Tip Yourself. It works more like a fun way to challenge yourself more than a financial service.


Digit Money Apps

Digit gives you 100 days of free access. It holds onto your money once the app deducts if from your checking account and you can get it back anytime. When you install the app and sign up, it will ask you whether you’d like to save for something specific on top of an emergency fund. Some options include vacations, concert tickets, birthday gifts, among others. It is easy to use and you can receive immediate updates. You can set up savings and it also allows you to transfer your savings back to your main bank account.



You can set the app to send you a daily text stating how much is in your bank account and how much was deducted. This will help you keep track of your savings and finances. The advantage of the app is that you can stop keeping track and you can still save without thinking.


Clarity Money

The app works by aggregating data from various financial institutions that you use like your bank, credit card, and mortgage into one place. This will let you have a bigger picture of your overall finances and spending without having to log in to several different apps.

The app has a simple interface and it’s easy to navigate. It can tell you exactly how much you spent on a particular store. You could easily see how you could have used that money for something more important. It will also give you a list of your recurring payments and give you the option to cancel any of them. If you don’t have a clear picture of your spending, Clarity could help.

Certain features may not be for everybody. The app asks you to share your monthly income instead of looking at the balance in your bank account. There are also push notifications though you can always turn them off. This app will help you keep track of everything especially when you have a busy schedule.