Apps to Start Saving Money for a Mortgage
Do you ever feel like you’re spending too much money, living paycheck to paycheck but don’t know what you can do to get out of that cycle? These 5 apps are great for anyone looking to save money!
Mint is the free app that makes managing your money much simpler. This app puts everything in one place from your 401k to your checking account to your mortgage payments. Mint shows you all the recent transactions you’ve made along with how you’ve been using your accounts and your monthly budget, credit score, and even alerts you when you go over budget. This is a great app for anyone looking to save money for a mortgage loan, car payment, etc.
2. You Need A Budget
YNAB is an easy-to-use app but very thorough. It has 4 main rules that it follows 1) Give every dollar a job, 2) Save for a rainy day, 3) Roll with the punches and, 4) Live on last month’s income. That is great advice but living by it is harder than it sounds and this app will help you accomplish that and save enough money to get your own home.
Shopkick awards you with points (called “kicks”) from shopping at many popular stores such as Target, Starbucks, Walmart, Best Buy, etc. If you earn enough “kicks” you can redeem them for free gift cards of your choice. Shopkick also lets you know of any deals and sales happening at stores near you. Just be sure not to get too caught up in earning “kicks” that you forget the reason you got the app in the first place is to save money.
4. Military Cost Cutters
This app a must for any former military members and their families. Military Cost Cutters will show you all local businesses that have discounts for veterans. A great way to help out those who risked their lives for our country and give back to them.
This app has two main objectives: allow you to completely understand your spending habits and what you can do to better them, and protecting your cards against fraudulent purchases. Billguard will go through every purchase/transaction and, much like Tinder, you will swipe right for transactions you made and swipe left for ones you did not do, i.e. fraudulent purchases/transactions. Once you realize what you can easily cut out from your spending habits you’ll see that saving enough money for a mortgage isn’t hard at all!