This browser doesn't support Spotify Web Player. Switch browsers or download Spotify for your desktop.

Lvl 6: The Top Procrastin8 Apps to Easily and Automatically Put Money Towards Your Savings Goals & Keep an Accurate Budget

By Nate Zerambo

Today on the show, we talk about how to save money wtihout really thinking about it. Saving money is already is enough, because it's easier to just put money in a bank account than to go out shopping and follow the latest trends. But these apps put savings on autopilot or make it a lazy task to do. (Crazy) Cat Lady Katherine comes on the show to share how to make Spider Man cat boots. 8. RIZE • Set a savings goal • Automatically calculates how much you should save • You can break down the savings amount (weekly, bi-weekly, or monthly) 7. TIP YOURSELF • Whenever you do a certain behavior or do something that deserves a tip – just go into the app, hit a button and give yourself a monetary reward • Completely manual. No automatic deposit 6. Qapital • Integrates with IFTTT (If This Then That) If I purchase from Arby’s If I got to the gym If I tweet about popcorn ...then save x amount of money 5. Chime • Round up spare change • Save percentage of pay check • Get $50 for each friend who opens a Chime account and receives a payroll direct deposit of $200 or more within 45 days. 4. Bank of America Keep the Change Like Acorns without fees. Round up spare change not a start up, but established brand 3. Mint auto track budget multiple accounts (savings, checking, investments 2. focus on parents “gift cards” that deposit directly into FDIC insured account set goal, automatic transfers 1. DIGIT Great starting point to learn how to budget/save. My favorite and not so favorite at the same time. A text chat bot. No app download required. Digit helped me realize that money can be saved and I didn't have to be completely broke. Analyzes the how much and when of your spending behavior, income, and bill payments to automatically calculate and deposit small amounts in a savings account with interest. But the monthly fee is way too high. All the other apps are free. A minimum account balance of $3600 is required to BREAK EVEN with the fees at $3 per month or $36 per year (rounded up by some change). Most users I imagine have waaaay less than $3600 in their account. I mean let's be real about this. It’s important to note that none of these other savings apps offer an interest rate at all though, so it might be worth it if you do have above t $3.6k in your app, but most of their customers are low income people trying to achieve financial goals and learn how to budget. That’s quite a large sum of change for someone of low income. Charging a fee goes against their mission statement to help people “avoid hardships,” because let’s face it, any additional fee or expense in life when you’re at a certain socioeconomic level IS a hardship. OTHERS/Runner ups.... Olivia • iOS only • Budget & Savings chat bot Plum • like, a messenger bot but on Facebook • UK only • Anazyzes income and spending behavior to auto save • Guaranteed no overdraft • Free for savings and 1 euro per month for investing, like Acorns Acorns • Round up • $1 per month • $12/year • 0.25% of account so ver $5k YNAB (You Need a Budget) for full manual control over your budget with a clean user-friendly interface Review ProcrastiN8r on Google Business My "Quote-a-gram" created by SpacePiratePoetry CREDIT: Host & Production by Nate Zerambo Includes Music by Kevin Macleod Includes Voice Clip from Dave Jackson's Podcast Rodeo Show review of ProcrastiN8r, used with permission. All other clips (sound effects, quotes, catchphrases, etc.)are either purchased and used royalty free or implemented under free use. This podcast is powered by Pinecast.

Listen to Lvl 6: The Top Procrastin8 Apps to Easily and Automatically Put Money Towards Your Savings Goals & Keep an Accurate Budget now.

Listen to Lvl 6: The Top Procrastin8 Apps to Easily and Automatically Put Money Towards Your Savings Goals & Keep an Accurate Budget in full in the Spotify app