If you are short of cash and constantly finding yourself in need of , help is at hand in the form of the latest Fintech apps.
Whether you are looking to slash your spending on takeaways or put aside a little bit of cash at the end of each month towards a new car, you could use financial technology to help you reach your goals.
Here are CashLady’s favourite Fintech apps.
Budgeting app has hit the top spot on our list because unlike some budgeting apps, it is free to use. With no monthly charge or annual fee, Yolt helps you to manage your finances without spending a penny.
One of the best features of this app is that it enables you to view all of your accounts in one place, so you can see your finances at a glance. No need to log into different apps to see your savings account and your current account, it is all there at the click of a button.
You can also add any credit cards you may have, so you can keep an eye on any debt you have on them. Furthermore, you can benefit from insights into your spending habits and it will even tell you what you’re spending the most money on.
2. Money Dashboard
Use to keep track of your spending and saving for free. As well as being able to view all of your accounts (and credit cards) in one place, you can also use the budget planner to set yourself a budget, based on how much you spent during the previous month.
Get started by picking a financial goal, such as buying a house or going on holiday and the app will help you to hit your targets. Plus, there are lots of great-looking graphs, making you feel like you’re really getting into the nitty-gritty of your spending.
If you are struggling to put money aside each month, could be exactly what you’re looking for. This money app calculates how much you can afford to save by looking at your spending via your online banking. It then transfers that amount into a separate savings account.
Great if you are not disciplined enough to save that spare £10 instead of spending it on a cheeky takeaway.
4. ATM Hunter
It is alright sticking to a budget, but if you have to spend money just to withdraw your cash, that is not at all helpful.
Not really a budgeting app but an app that will hopefully help you to stop wasting money when you take out cash, enables you to locate free-to-use ATMs from your smartphone. Simple but invaluable if you’re trying to stick to a strict budget.
Artificial intelligence is changing the way we bank. Meet , your very own chatbot financial assistant. You provide her with access to your accounts and in return, she will answer your questions about your spending and provide you with graphs and personalised updates. She can also set you a budget and put any spare cash aside for you automatically.
These are just some of the apps out there that could help you to budget. Whether you want help to hit your savings targets or a chatbot that will enable you to better understand your spending, the technology is now available to help you do just that.
However, it is always important to make sure you’re comfortable with who you’re giving your bank details to. Always do your research and if you want to make sure you’re protected should something go wrong, ensure the app you’re using is from a .