Saving money is essential because it can assist you in the event of an emergency, regardless of whether you are a salaried professional, a freelancer, or an entrepreneur.
But that’s not all; you can put that extra money into beneficial schemes and even essential things that can help you make more money, like real estate.
To achieve financial security and stability, the most important thing is to save money from your salary or business income.
However, it can sometimes appear impossible to save money. The good news is that you can save money in India without breaking the bank by using some excellent apps to save money.
Download The Money Club App To Save, Borrow And Invest Money.
Top 5 Apps To Save Money In India
The best apps top save money that can help you reach your financial goals are listed in this article.
Money Club
Money Club is an online committee system and one of the best places to save. A committee is a type of community saving circle where each member commits to put in the same amount each month for a set duration. Each committee member receives the whole “pot” of money once during the rotation. It is the first ever social network dedicated to helping members earn money, save money and support one another financially.
It is one of the best apps for saving money because you can withdraw up to ten times more money than you have saved. If you withdraw the entire amount at the end you earn 15%-20% p.a. Over 400K registered Indian users of the app have been verified to guarantee the safety of your funds.
It has a number of clubs that you can join after applying and getting checked out. The app’s user interface is incredibly simple to understand and supports real-time pooling and bidding.
Additionally, you can advance in the journey by joining more clubs and withdrawing multiple times as your track record improves.
To know more about how it works you can see the video here.
Read: Read: Know Your Money Club platform Journey On The Money Club App
Mint
Mint is a financial app that lets you make budgets, keep track of spending, set up bills, and set up when to pay them. The app’s design makes it easy to use and makes browsing a breeze.
You can begin by synchronizing a bank account. After that, you can track your financial activities and classify your spending and expenses. The application is secret word safeguarded with the goal that you can work in a solid climate.
Read: Personal Expense Tracker App: 6 Best Money Tracking App
Thriv Savings Goal Tracker
The Thriving Savings Goal Tracker money-saving app helps you set, monitor, and effectively manage your financial goals.
It functions as a money tracker, expense manager, budget planner, and savings planner all in one application. Thriv is what you need if you want to motivate yourself to save money by monitoring your expenses.
It gives you a bird’s-eye view of your financial goals by color-coding your progress, managing saving records, and providing a summary of all your expenses and savings. In addition, backing up all of the data is simple with Google Drive.
Read: Money manager apps: 5 best money management apps in India
How to Save Money from Salary? 15 Smart Tips
Digit
Digit is an excellent app for saving money that takes care of all of your thinking and doing while you remain focused on saving.
It keeps track of your income and expenditures and saves you money each day. It calculates how much you can save and then transfers the remaining funds to an FDIC-insured Digit account.
The application carries out groundwork each a little while and shares the discoveries with you. Additionally, every three months, you can win a savings bonus.
Splitwise
Splitwise is an extraordinary decision while you’re hoping to divide costs with companions. It lets you add individual charges and create expense groups with other people.
The app will automatically determine how much you owe your friends or how much your friends owe you. You can choose how the payment was made.
It helps pay for rising costs and keeps simple records. In addition, you can always look at how the group’s expenses were distributed in the past.
Conclusion
We live in a world where a simple apps to save money can reduce bad financial habits and the effort that goes into saving and money management. But because there are hundreds of choices, you need to do some research to figure out which one is best for you.
You will be able to make the best decision if you write down your objectives and expectations for the application.
I hope this was helpful!
