Coping with financial stress can be difficult for many. After all, it can be embarrassing to talk about money or ask others for help. While it may not seem like it, most people go through periods of financial stress from time to time.
If you’re having a stressful financial time, there are some apps that can help you navigate. Whether you need a budget, improve your credit score, or earn extra cash, these smartphone apps can help you.
Steady is a profitable app that makes money by referring users to free (or free trial) offers and gives you a percentage of its earnings. Basically, you get paid to sign up for free stuff.
For example, you can request $ 50 when you sign up for a free bank account. Or, $ 5 when you use a free credit score booster. Steady pays you within the app, so you don’t have to go to each provider to collect your earnings. Although sometimes you can also get extra income from suppliers.
Steady also has a gig-based job database, where you can earn additional cash that day. You also get a Steady bonus for signing up. Its database also includes work from home, such as writing captions or even serving as an online jury.
Download: Fixed for iOS | Android (free, in-app purchases available)
Mint makes it easy to manage your finances, which can help you get out of a financial hole. Sometimes, the budget can be too stressful and we can miss important payments. With Mint, you don’t have to worry about that anymore.
The Mint app tracks all your finances and calculates your active subscriptions. It also shows you your current net worth based on your assets, so you can see if you are living above your means.
Mint is also packed with other great features, such as credit score tracking and tax refund tracking. You also get personalized insights into your spending habits to see if you are overspending in certain categories.
Download: Mint for iOS | Android (free, subscription available)
If you’re having trouble saving retirement money, consider using Acorns. Acorns is an investment service that rounds all your purchases to the nearest dollar. Then, that money is deposited into a retirement account.
For example, if you spend $ 1.55 on a coffee, the Acorns app will round up to $ 2.00, putting $ 0.45 into your retirement account.
While it might not seem like a lot, it builds up over time, giving you an edge when you’re able to save more money for retirement.
If you want to set up simple recurring investments, Acorns lets you do it too.
With Acorns, your money is automatically deposited into expertly selected wallets. You can also choose to deposit your funds into an IRA.
Download: Acorns for iOS | Android (subscription required)
4. Credit Karma
Sometimes getting in better financial shape means improving your credit score. After all, a better credit score means you can get cheaper interest rates on new or existing credit cards. It also means cheaper loans and a cheaper mortgage payment.
Credit Karma app provides free tools to check your credit score without putting a hard credit check on your account. Some other credit score checkers do this and this causes your credit check to damage your credit score even more.
This is not the case here. Credit Karma also provides financial tips and lets you know if you’ve missed a payment.
For those with large amounts of credit card debt, Credit Karma also offers tips on a consolidation loan. This loan is usually at a lower interest rate and consolidates all your debt into one monthly payment.
Download: Karma Credit for iOS | Android (free)
Truebill makes it easy to see which active subscriptions you have and cancel any subscriptions you no longer use. Truebill also checks if there are any subscriptions you have forgotten about and are still paying for.
Truebill makes it easy to cancel your subscriptions or see when a fare goes up.
Truebill also has an invoice negotiator, which can help you reduce your monthly bills. The great thing about his invoice negotiator is that you don’t pay a cent unless the price is successfully reduced. The amount you pay is usually around 40 percent of the saved amount, which means you get the other 60 percent for yourself.
Download: Truebill for iOS | Android (free, subscription available)
6. Nerd wallets
NerdWallet, another great budget app, tracks your expenses and gives you insights on how to save money. NerdWallet offers credit score checks, financial advice, and financial planning, all for free.
NerdWallet is known for its credit card analytics, and the NerdWallet app will let you know your odds of approval before applying for a new card. After all, you can only ask so many questions about your credit score over a given period. If you make a check and don’t get approved for a card, it means you’ve wasted your application.
Download: NerdWallet for iOS | Android (free)
7. Earn money
Earn is a payday advance that allows you to access your paycheck a few days earlier. If you have an invoice that needs to be paid now but your payday is a few days away, consider using Earnin.
Unlike traditional paycheck loans, Earnin doesn’t charge commissions. However, users are asked to tip when they receive their paycheck advance.
While Earnin requires tips, you don’t have to tip anything. Earnin also generates money through affiliate commissions within the app.
Earnin deposits your cash into your checking account and sends you notifications when you need to return it. This will usually be your payday and will be the amount you have withdrawn, plus the optional tip which on average is around $ 5.
Make sure you only use Earnings if you have a guaranteed check or direct deposit on the way and only if you are sure you can pay it all off when you get paid.
Download: Earn for iOS | Android (free)
Reduce financial stress and live comfortably
While finances can be stressful at times, there are great apps that can make your financial situation easier. The days of manual checkbook balancing are long gone, and technology has provided us with many great tools for understanding our finances.
Apps make our lives easier, so why wouldn’t we want them to help us manage our finances too? By understanding our budgets, improving our credit score, and saving for the future, we can feel more comfortable in the present.
With winter just around the corner, following this advice can help you see huge savings on your electricity bills.
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