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Top 20 Best Money Saving Apps 2023

Money Saving Apps

Those days are far behind when apps were treated as distractions. Today apps are clearly a lifeline. You have apps for every imaginable thing. Whether you wish to listen to music, stream movies or have food, you have apps for all of it. While many apps tend to spoil you a bit by providing luxury at your fingertips, some can even help you in a constructive way. Yes, I am talking about the best money-saving apps. Saving money has always been a good thing. This habit lets you invest the money in better things that yield much more value in the long run. Or maybe you could just keep them aside for unforeseen situations. Either way, you must develop this habit as soon as possible. For the tech-savvy out there, various apps that help you save money.

I have previously written about how you can earn money through various platforms. Do check them out so that you know how to have money before you begin to save them. There are many websites that claim to recommend you certain apps to save money. But in reality, all they do is promote certain brands in return for money. This blog isn’t similar to any of those websites. I’ll be providing you with a list of absolutely genuine and trustable money-saving apps- this list has been carefully curated keeping in mind the necessities of young students and mid-career professionals who look forward to saving for the future. 

Best Money Saving Apps

To assist you in making informed choices, we have compiled a list of the best money-saving apps, along with their “Best for” categories and cost details. Whether you’re an iOS or Android user, you’re sure to find an app that suits your needs. Let’s explore these apps and discover which one aligns best with your financial goals.

App NameCostBest ForKey Features
JoyFree (iOS)Analyzing Income and Spending HabitsAnalyzes income and spending habits,Calculates safe daily savings amount,Offers FDIC-insured savings account
Tip YourselfFree (iOS and Android)Staying Consistent with Personal GoalsEncourages saving for personal goals,Rewards positive habits,Social sharing for motivation
ChimeFree (iOS and Android)Automatic SavingsAutomatically sets aside 10% of every paycheck,Limits discretionary spending
QapitalFree (iOS and Android)Customizable Autosave RulesAllows customizable autosave rules,Implements round-up savings,Goal-oriented saving
MintFree (iOS and Android)Tracking All Financial ActivityTracks financial activities across multiple accounts,Categorizes transactions,Budget creation
BillTracker$2.99 (iOS)Managing Bill Due DatesSends bill reminders and due date notifications,Calendar view for tracking bills
YNAB (You Need A Budget)Free trial, then $84/year (iOS and Android)Creating a Comprehensive BudgetHelps allocate every dollar to a purpose,Focuses on emergency savings,Promotes financial stability
ViggleFree (Android)Earning While Watching TVEarn points for checking into TV shows,Redeem points for rewards
Acorns$1, $3, or $5 per month (iOS and Android)Investing Spare ChangeRounds up purchases for investments,Offers conservative and aggressive investment options
KidfundFree (iOS)Saving for ChildrenDedicated savings accounts for children,Rules for regular deposits,Family contributions


Best for: Analyzing Income and Spending Habits

Cost: Free (iOS)

If you’ve ever felt like saving money is impossible given your income and expenses, Joy is worth a try. This free iOS app analyses your income and spending habits. Then it goes on to calculate how much money you can safely save each day without breaking your budget. While it won’t automatically transfer funds for you, it provides valuable insights into your financial situation. If you choose to save, Joy will transfer the funds from your linked account to an FDIC-insured Joy savings account.

Tip Yourself

Best for: Staying Consistent with Personal Goals

Cost: Free (iOS and Android)

Tip Yourself is a unique app that encourages you to save for your dreams while reinforcing positive habits. Set personal goals, such as going to the gym or avoiding junk food, and reward yourself when you achieve them. You can also share your achievements on the social feed to inspire your friends. This app helps you stay motivated while saving money.


Best for: Automatic Savings

Cost: Free (iOS and Android)

If you’ve struggled to save for emergencies, Chime is the perfect solution. This mobile banking app offers an automatic savings account that sets aside 10 per cent of every paycheck you deposit. By limiting your access to discretionary spending, Chime helps you save money effortlessly.


Best for: Customizable Autosave Rules

Cost: Free (iOS and Android)

Qapital makes saving for specific goals easy by allowing you to set customizable autosave rules for various actions in your life. It also features a round-up rule that transfers the spare change from your transactions to your designated goal account. This method makes saving for larger expenses, like a bike, more achievable.  If you are interested in investing then do read our blog on: Tips For Students Interested In Investing


Best for: Tracking All Financial Activity

Cost: Free (iOS and Android)

Mint is a powerful app that tracks all your financial activities across multiple accounts, making it easy to stay organized. It categorizes your transactions, creates budgets, and provides visual representations of your financial health. Mint helps you spot potential issues and achieve better financial control.


Best for: Managing Bill Due Dates

Cost: $2.99 (iOS)

If you struggle with remembering bill due dates and want to avoid late fees, BillTracker is your reliable companion. This iOS app reminds you of pending bills and highlights their due dates on a calendar, ensuring you never miss a payment.

You Need A Budget (YNAB)

Best for: Creating a Comprehensive Budget

Cost: Free trial, then $84/year (iOS and Android)

YNAB is an app that takes budgeting to the next level. It helps you allocate every dollar to a specific purpose, save for emergencies, adjust to unexpected expenses, and live within your means. YNAB’s four simple rules guide you toward financial stability and mindfulness.


Best for: Earning While Watching TV

Cost: Free (Android)

Viggle offers a unique way to make money while enjoying your favourite shows. Check in to the shows you watch, earn points, and redeem them for rewards. It’s a fun way to save a little extra cash during your downtime.


Best for: Investing Spare Change

Cost: $1, $3, or $5 per month (iOS and Android)

Acorns round up your purchases from linked credit and debit cards and invest the spare change in exchange-traded funds (ETFs). You can choose between conservative and aggressive investment options based on your risk tolerance. College students can use Acorns for free for up to four years, while others pay a monthly fee or a percentage fee for larger account balances.

Read More: 5 Best Investment Apps For Beginners


Best for: Saving for Children

Cost: Free (iOS)

Kidfund is a simple app designed exclusively for saving for your children. Open dedicated savings accounts for your child, set up rules for regular deposits, and invite relatives to contribute on special occasions. It’s a great way to build a financial future for your kids.

Additional Money-Saving Apps

In addition to the top 10 apps listed above, there are several other apps that can help you save money and are easy to use. These include:

  • Simple
  • Starling
  • Monzo
  • Clarity Money
  • Digit
  • Rize
  • Chip
  • Curve
  • Idealo
  • Vouchercloud


With a wide range of money-saving apps available, there’s no excuse not to start building your financial nest egg. Whether you’re looking to save automatically, track your spending, or invest in spare change, there’s an app tailored to your needs. By considering your specific financial goals and preferences, you can choose the best money-saving app to help you achieve financial security and reach your dreams. Start saving today, and watch your financial future flourish.


1. What are money-saving apps?

Money-saving apps are mobile applications designed to help users save money, budget effectively, and achieve their financial goals using various features and tools.

2. Are money-saving apps safe to use?

Yes, most reputable money-saving apps use encryption and security measures to protect your financial information. However, it’s essential to use apps from trusted sources and read user reviews.

3. Do I need to pay to use money-saving apps?

Many money-saving apps offer free versions with basic features. Some may have premium versions with additional functionalities. It depends on the specific app and your preferences.

4. How can money-saving apps help me save money?

Money-saving apps can help you save by automating savings, tracking your spending, setting budgets, and providing insights into your financial habits. They make it easier to manage your money effectively.

5. Can I use multiple money-saving apps simultaneously?

Yes, you can use multiple money-saving apps simultaneously to take advantage of various features and benefits. Just ensure they don’t conflict with each other and align with your financial goals.

6. Do money-saving apps require a specific bank or account?

Most money-saving apps are designed to work with a wide range of banks and accounts. You can link your existing accounts to these apps to monitor your finances and save money without switching banks.

Thank you for reading this blog on ‘Top 20 Best Money Saving Apps’. If you enjoyed reading this blog then the following blogs may interest you.

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Money Saving Apps

Top 20 Best Money Saving Apps 2023