11 online apps or services to help you manage your money in times of high inflation
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Most of us would like to save money on our purchases, but we don’t know where to start. Many are pulling their default operating budget and immediately looking for places to cut.
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Budgeting well and cutting back are very valid strategies and should be deployed without fail. However, harnessing the power of smartphone apps and internet-enabled financial technology is another smart move – and probably easier and faster.
If you’ve become a little jaded living in an app-for-everything culture, you owe it to yourself (and your bottom line) to take another look. The trick will be to find something that works well for you and fits right in with the way you already live your life.
Try some of these apps and find out. Chances are you can use an app to help you save money during times of high inflation.
Apps you can use to manage your money during high inflation
In a time of soaring inflation and turmoil in the world, you’ll want to be with a company that will keep you on track with your finances. Personal Capital is the company for you. It’s more important than ever to have your retirement efforts in place with some time to grow. Personal Capital prepares you with a clear picture of all your assets and liabilities in one secure place. Evaluate your chances of retirement success and see what you can do to achieve your goals.
Personal Capital gives you the ability to uncover all the hidden fees in your mutual funds, investments, and retirement accounts so you can compare plans to find the right one for you.
Rocket Dollar isn’t an app on its own, but it’s a really useful financial service to add value and flexibility to your retirement savings strategy. Many (perhaps most) retirement products include only stocks, bonds, and traditional mutual funds that can hardly be considered liquid assets.
Rocket Dollar, on the other hand, not only brings innovation in managing your accounts, but also allows retirement funds to be used for alternative investments such as startup funding, crypto, purchase of real estate, etc. Clients who want to include alternative assets in their retirement portfolio are encouraged to contact the Rocket Dollar team for help getting started.
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For personal finance management, Mint is an incredibly popular (and powerful) tool that connects all of your personal financial information in one place. Often adjusting reckless spending habits is simply a matter of the big picture, and Mint certainly does the trick in this regard.
After an initial upload of your data, Mint provides an easy-to-use system for budgeting, creating income and expense categories on the fly, and setting up custom alerts and notifications. And that only scratches the surface of Mint’s abilities.
The best kind of financial reward is the one you get for doing something you already love. Swagbucks developers have made it as easy as possible to earn real, tangible financial rewards for continuing to do everyday things like searching the internet, shopping online, playing games video and more.
Users can get cash back by shopping for groceries, eating out, buying gift cards as gifts, and more. You can even get discounts on your prescriptions.
What if you could get cash back just by scanning your receipts and continuing to buy the brands you’re already loyal to? Fetch Rewards has made this possibility a reality.
This mobile shopping platform reviews your entire purchases and automatically adds credit to your Fetch Rewards account for each qualifying brand you purchase. Fetch Rewards will even notify you of any specials you might find appealing and let you know how long specific brand purchases are eligible for.
Although Due isn’t technically an app either, it is a powerful money management tool that promises “simple retirement for the modern man”. With a Due.com annuity, you have complete control over your retirement savings and expenses. Users always know exactly where they stand and can even withdraw all their money at any time if they are not completely satisfied.
The folks at Due.com also offer regular articles, updates, and tips to help customers maximize their investments. Applying for a Due.com account is free, simple and takes less than five minutes.
Ibotta is an app that rewards its users with cash back for purchases made using the app. If, for example, you shop at popular stores like Walmart or Best Buy (as well as many others), you can use the Ibotta app to make the purchases you were going to make anyway.
Ibotta earns a commission on every purchase made through the app, then turns around and gives you a share of that fee, you, the buyer. The iBotta app can be used in-store or online, allowing you to continue shopping using whichever method you prefer.
Many of us have already gotten into the habit of using our smartphones to compare prices while we shop, but ShopSavvy takes this practice to a whole new level. By using your phone to scan barcodes, ShopSavvy automatically performs in-depth analysis of pricing, availability, and user reviews for you.
There’s buying power in reliable data, and ShopSavvy will give you everything you need to decide if you want to buy a product locally, or if it makes more sense to buy online or through the town.
Many of us are seasoned Amazon customers, but not all of us are aware that Amazon constantly changes the prices of its products. Outlets can be relied upon to keep prices relatively stable, but Amazon cannot. But do not worry !
CamelCamelCamel is a cost-effective browser extension designed specifically to help shoppers get a historical view of Amazon prices for specific products. Complete with easy-to-understand charts and data, this app can help you decide whether to make that purchase today or perhaps wait for the price to return to its historical average.
Shoppers like to connect with the brands they prefer and those brands really want to connect with those specific shoppers. InboxDollars fills this gap with a win-win solution that puts money back in consumers’ pockets by delivering actionable data to advertisers.
Customers complete surveys, sign up for special offers, play games and more. All the while, they receive cash back, and well-known brands have the opportunity to refine their products and services to appeal to a wider market without paying for expensive research studies.
- Free for iOS and Android
Save money and help reduce the number of supermarkets sending millions of pounds of food to the local landfill. Driven by The Giant Company in Pennsylvania, the Flashfood app works by alerting customers to bargains that have been pulled from shelves just before their expiration date and moved to a Flashfood section.
If, for example, you know you’ll be using fresh produce, meat, baked goods, or deli items in the next few days, Flashfood is a benefit to you, your grocery store, and the local landfill.
No matter how easy something is to use, there’s almost always an adjustment period when trying something new. Use the list above to try one or two services at a time. Give each app a fair chance, but feel free to drop it and start over if the system doesn’t fit the way you live your life.
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