Smartphones have become a one-stop shop for almost everyone in today's digitally connected world. In the app shop, you can find just about any app, from those that help you talk to people to those that help you manage your money.
There may be the same economic activity going on in many financial apps. Still, some of their other features may be just what you need to build your money. You might need one or two of these apps to help you prepare for retirement, especially the ones that can help you save, even spare change.
2023's Best Apps To Help You Save That Spare Change
Acorns
Acorns is a mobile phone app that can help you save for retirement with your extra change. Its easy-to-use interface rounds up everyday payments to the nearest dollar, invests your spare change in different portfolios, and quickly helps you build a safe retirement fund.
With this method of “micro-investing,” you can start investing with just a few cents or your extra change, and your investments will grow slowly over time. Acorns want to help you build a nest egg and ensure a more secure and worry-free future. It does this by making financial planning easy and available to everyone.
Start putting away your spare money today, and you can confidently retire tomorrow.
SoFi
SoFi is a popular mobile application offering various financial services, including personal loans, investments, and banking. It is one of the best apps to help you save, starting with your spare change. It's one of the best apps to help you with your planning for a comfortable retirement due to its innovative features.
With SoFi's round-up savings feature, your purchases are instantly rounded to the nearest dollar. It puts the extra money into the savings account you choose. It makes it easy for you to put money away for your future.
Because of its easy-to-use interface and low fees, SoFi is a top choice for people planning a happy retirement using their mobile devices.
Chime
Chime is a popular mobile banking app that has gained acclaim as one of the top financial apps to save for retirement. It's one way of efficiently using your smartphone to handle your finances. Its fee-free banking services, early direct deposit feature, and user-friendly interface make it stand out.
It's a money-saving app with various features, like no hidden fees, automatic savings, and the ability to round up transactions to save extra change. It is one of the best financial apps because it is easy to use, has clear policies, and focuses on making banking easy for customers.
Qapital
Qapital is a phone app that helps you save money by rounding up purchases, making rules, setting up automatic payments, and saving for goals like retirement.
Users can link their bank account and debit/credit cards to the app, enabling round-up savings with every purchase. You can set up specific saving rules according to your buying habits or actions. You can set up automatic payments from a linked bank account to your savings account every day, every week, or every month.
Goal-based savings, including retirement goals, can be set, and the app automatically calculates the required savings amount to reach those goals.
Stash
Stash is a mobile app that makes saving even small amounts of money for a better future easy. Its round-up savings tool moves any extra money from purchases made with a debit card to the Stash investment account.
Users can set their savings goals to help them stay on track with their important financial goals. The app has a robo-advisor service called “Smart Portfolio,” which uses your risk tolerance and aims to make a personalized investment portfolio.
This “Self-Managed Portfolios” feature gives people who like to choose their own assets more freedom. With a low minimum investment and lower fees for mobile banking services, anyone can use Stash. Strong security measures and FDIC insurance make sure your money is safe. It's an all-in-one method that makes building a strong financial base easier.
The Bottom Line
Maximize the use of your phone, and install the best financial apps that can help you enjoy a financially content retirement life. The applications here may be your best bet to ensure you get every opportunity to save, even the sometimes forgotten spare change.
Keep saving those spare cents today, and enjoy your well-deserved retirement years tomorrow!
