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College life is full of excitement as you come across new life experiences regularly. You are in a growing stage and every day is a new learning for you. During this phase, where fun and learning go hand in hand, maintaining finances is important too. You must set financial goals that cover all your basic expenses like tuition fees, stationary and college supplies, and other additional costs. With digital technology developing rapidly and helping people with daily tasks, managing finances is now easier than ever. You can find the best money saving apps that are designed to keep your budget intact while you are busy building your future plans.

 

1. The Goodbudget Way

The Goodbudget application handles setting up a budget for you and maintains your finances in a well-defined way. The application creates a digital envelope system and the number of envelopes determines the amount of years that will be covered. You can connect with two or more devices.

The expense tracking becomes easy and convenient as it can be used by one or two users. The app is known for its debt-tracking feature. With this feature, it is easy to keep track of the debt amount and the remaining installments. The goal-setting feature is also useful for setting financial goals and monitoring the funds. While you monitor the funds, it’s necessary to save wherever you can. Knowing about the affordable prices that EduBirdie offers for students is important. You can get high-quality academic papers including essays, thesis, homework, and much more. Isn’t this a great way to track funds and save – using a reputed money-saving essay site on one hand and a high-rated app on the other?

2. Splitwise.com

Splitwise.com is a smart money-saving application that lets you manage shared expenses with friends and family. With this user-friendly application, you can easily record expenses incurred when you’re out in a group. You do not need to juggle with receipts when you are trying to calculate your shared costs. This app ensures that everyone pays their fair share and contributes to vacation or group outings.

You can also use this application to get an estimated amount for group events or small gatherings. It helps you to plan your events and maintain transparency of funds. The highly powered application is also used to transfer money to family or friends. You can view the detailed breakdown of spending money for a particular period and export the data to save for record.

3. Mint

This popular application is mainly used to track your budget and perform effective money management. With this application, you can learn your money habits as it gives you insights about your expenses based on your transactions. You can review your statements and find the best opportunities to save funds. Sometimes, it is difficult to check your transactions and balance amount when you have multiple accounts. But, with this application installed, you can check all your monetary figures in one place.

By linking all your financial accounts, you can access your credit score and get recommendations to improve it. The Mint app also ensures that you will never miss a bill if you set the app to auto payments.

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4. Chip

Chip is titled as an award-winning wealth-saving application that helps you to save every single penny. The application follows a unique approach and makes auto investments. The AI-powered feature calculates the amount that you can save every week or month.

After setting the details like recurring amount, day of the week, and an account where you want to deposit, the application will set aside the amount automatically. If you need to buy study material or go on an educational trip, you can rely on this saving application and save for events without any stress.

5. Vouchercloud

This effective mobile application uses your location and shares the best offers or discounts on products and services near your area. By using this smart application, you can save money on every purchase whether you are in a restaurant, out grocery shopping, traveling, or purchasing clothes at an outlet.

The app works everywhere so you just need to enter your current location and browse for the best deals. Next, use the coupon code while making a payment. The unique code that you get has the power to get good discounts on everyday expenses.

6. Oportun

Oportun, the best savings application helps you to manage your finances and reach your savings goals. The in-built features are designed with the sole purpose of increasing your savings and budget smarter.

With this application, you can set up emergency funds for monthly bills and avoid late fee charges. By linking your accounts, you will get seamless and timely money transfers. The process starts once you link your account and set your savings goal. You can enjoy automatic savings and see instant results as your savings grow with time.

Conclusion

Money-saving applications are essential tools for college students as they have to face regular expenses like tuition fees, textbooks, and other personal expenses. Students have to make smart decisions that help them to spend and save too. The support these tools or applications can offer is invaluable. It will help students regulate expenses, create budgets, reduce debt, and find the best discounts. So, if you are looking for solutions to manage your spending, download a money-saving app and start saving.