Best Money Saving Apps to manage, save and make money (2020)

Saving money when you have kids and other major responsibilities can feel almost impossible. The bills continue to pile up, and they never seem to end. You try to remind yourself to save some money just in case of emergencies, but then, one bill leads to another and you can hardly wait for your paycheck to hit your account again.

However, you’re in luck because algorithms, codes, and data analysis have helped bring about the rise of some uniquely distinct personal finance apps that take matters into their own hands, on your behalf. These apps work in the background, helping to save money that you would otherwise have spent by siphoning it away into your savings account.

The power of personal devices continues to grow and grow, with apps leading the charge in both usefulness and entertainment for consumers. Recently, there have been a number of new apps developed specifically to help with saving, managing and making more money, especially passively.

With so many great options for investment and finance apps available today, there really is something for everyone. With little to no bare of entry in the way of fees or account minimums, there is nothing stopping you from getting started today! Here are some of the best investment apps for saving and making money. So, get to downloading and let the New Year’s resolutions begin.

Let’s take a look at five apps that can help you save money effortlessly.


Mint is the last app in our list of the best financial management apps and is apt for almost every financial process. Due to its features and functionalities, we consider it as the friendliest and easiest apps to manage the finances.

You can connect all your bank accounts and cards, and keep your bills in one place. Mint sends you reminders regarding your due dates for paying bills, while also allowing you to create and follow a budget. Minting money with Mint can be quite a thing once you know how to manage all of your hard-earned money.

Price: Free

Download for iOS and Android


Wally is one of the best Tracking Expenses app. More often than not, we indulge in buying splurge and then forget to record it. By the end of the month, when we have nothing substantial left, we are left wondering about where all the money went. Here comes the role of Wally app in managing the expenses.

Wally is one of the best finance tracking apps and is a right platform if you loathe entering in your expenditure manually. The app shall do the job for you if you take pictures of the receipts. You, therefore, do not need to work your brain up thinking where you have spent your money. Keeping track of your expenses is pretty easy with this app, and it helps you keep your finances organized.

Price: Free

Download for iOS


One of the most popular and easy-to-use investing apps out there, Acorns helps beginners get started with investing, while also proactively saving money in small increments. With the Acorns app, you’ll do some sort of initial set up, where you specify an amount of money that you want to transfer each week or each month to get transferred into your investment account. You’ll also get some say on where you’ll be investing the money (in stocks, bonds, etc), but it’s typically very low-risk. Overall, Acorns offers five different portfolios to choose from, from conservative to aggressive risk factors, so you can decide how aggressively you want to invest your money.

One thing that makes Acorns unique is its “round-up” function, where you link the app to your primary spending account, and for every purchase you make, the app rounds up the amount to a full dollar amount and puts the extra change into your investment account. The more your spend, the more you save – it doesn’t get much easier to save than that!

Price: $5 to begin investing; account management fees start at $1/month.

Download for iOS and Android


If you find it hard to save money each month then the Chip app could be the answer. It’s free and compatible with most UK bank accounts.

Once you connect it to your online banking, it gathers information about your spending and uses that data to work out how much you can afford to save. Every few days it transfers an amount it believes to be affordable into a separate savings account.

Chip’s clever algorithm calculates how much money you can afford to save by monitoring users’ every day spending over a week. The amount is then automatically moved into a Chip savings account. The app is set up to ensure it only has read-only access to user’s bank accounts and savings can be withdrawn at any time. Best bit: The money is moved over automatically so you save with little to zero effort.

Price: Free

Download for iOS and Android


Coinbase is a popular cryptocurrency app ideal for anyone who is interested in cryptocurrencies. Coinbase is a great investing app for you to explore Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and more. Coinbase is an app that allows you to monitor various cryptocurrency markets, and handle all major maintenance and investment tasks directly in the app. With Coinbase, you can send and request bitcoins right through the app, buy and sell cryptocurrency, and also track various cryptocurrency prices. Bitcoin can be confusing, but the Coinbase app makes it easy to understand and navigate as possible by centralizing all core functions.

Bitcoin in certainly gaining speed in the investment world – get started with cryptocurrency investing with Coinbase today.

Price: Free

Download for iOS and Android


Another popular investment app is Robinhood. Robinhood was created with the goal of making investing easier and more accessible to the public. It’s simple to use with an easily navigable interface, and specifically designed to be user-friendly for beginners. Plus, the app is totally free! The only potential downside is that you can’t use Robinhood for retirement or IRA accounts – you’ll have to use a more traditional account provider for that.

If your most important interest is just learning more about investing, and getting some strategy tips as well as full lay of the investing landscape, then Robinhood is probably your best choice.

Price: Free

Download for iOS and Android

You Need A Budget (YNAB): Best for Debt Payoff

You Need A Budget helps you stay within the confines of your income and understands that everyone has a budget constraint. The best budget app does not advise you to think or plan for different ways to earn something extra. It instead helps you analyze your budget and plan practical ways to deal with your expenses and mitigate financial issues if they crop up.

The app is a brilliant personal finance manager that helps you manage every penny. The app’s usefulness lies in the fact that it has helped its users clear off their debts with proper planning and account management.

Also, it has the option of taking up online classes that coach you on budgeting and planning expenditure. Therefore, if you do not have the skills to use the app or plan your budget with its help, reach out for live coaching.

Price: Free 34-day trial, then $6.99/month (billed annually at $83.99)

Download for iOS and Android


Monzo is a banking app that offers an entirely separate (contactless) bank card that can be topped up from your regular account.

The app provides instant balance updates every single time you make a purchase. It also allows users to set up various spending budgets for groceries, transport, entertainment and other categories. Your spending and saving is all immediately visible to browse on the app. Best bit: Very useful to piece together exactly where and what you’re spending you’re money on.

Voucher apps

There are a few different voucher and discount code apps so it’s worth browsing around to find the one that suits you best. VoucherCodes is a good one, with national and local discounts so you can always get the best deals.

Vouchercloud also allows you to find deals local to you, using your location. Finally, HotUKDeals has a load of discounts and codes.

Cashback apps

There are a few different cashback apps and it’s hard to choose a favourite. We like the TopCashback and Quidco apps, both of which are free. With these apps you can download vouchers and discounts, monitor your cashback balance and make withdrawals, and even earn extra bonuses.

The TopCashback app even lets you earn money buying some groceries, you just need to snap and upload your receipt. Money for purchases you were going to make anyway, hard to argue with that.

The Quidco app allows you to earn cashback when you shop, either on your mobile or in-store. To earn cashback online, you just need to check if the retailer is offering cashback using the app and complete your transaction with the tracked link.

As you can see, there are many options for using investment apps to grow and save money for the future – and this list is just three apps of the dozens that are out there. Do some research to decide which app best suits your specific needs and interests, educate yourself, and get started saving for your future today.

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