02 Jun 2018: #FinancialBytes: 6 free apps everyone should download to save money
Saving money is not easy, it's a huge task and lot of people find it challenging. However, smartphones have changed pretty much everything we do, including saving money.
While there are several mobile-apps designed to help you save in various ways - cashback apps, financial planning apps, price comparison apps, deals apps - here are 6 best ones everyone should use. Take a look!
GoPaisa App: Get cashback for shopping on your favorite sites with GoPaisa
To receive cashback, one must shop through the app by selecting "Get Cashback" after which they will be redirected to the chosen e-commerce platform.
Users can redeem the cashback received for recharges, shopping vouchers, or transfer it to their bank account.
MySmartPrice app: Compare prices across online-shops, find the best price using MySmartPrice
MySmartPrice is a price comparison app that helps save money by comparing and finding the lowest prices from nearly 100 online stores on over 10 million products.
It covers categories like mobiles, laptops, fashion, appliances, beauty & makeup, etc. and analyzes prices on websites like Amazon, Flipkart, Snapdeal, Paytm, Jabong, Myntra, etc.
MoneyView app: Track expenses, plan finances, avail loans, make investments with MoneyView
It analyzes financial transactions and helps you understand where your money is going by displaying daily/weekly/monthly spends graphs.
SaveAbhi app: You can save and invest money simultaneously with SaveAbhi
Saveabhi is India's first app that lets users save as they spend by investing their "spare change" in mutual funds.
Its "Save the Change" small-yet-regular investment concept saves spare change from users' debit/credit/digital transactions by rounding up spends to the nearest hundred.
Once the collected spare change crosses Rs. 500, it's invested in mutual funds.
It also tracks income and expenses and plans budgets.
CouponDunia app: Find the best online deals and offers with CouponDunia
They can earn CD Cashback or Rewards for shopping on major e-commerce platforms. They need to make purchases on the sites listed on the app via CouponDunia.
The cashback/rewards can be transferred to bank accounts or e-wallets like Paytm; users can also use cashback for recharges.
Crownit app: After shopping, upload bills and save money using Crownit
Crownit app lets you make money after you're done with shopping by converting online/offline bills into rewards.
Users need to take pictures of everyday bills of online shopping, groceries, food delivery/restaurants, movies, fuel, utilities, etc. and upload them to the app to get upto 50% cashback of the bill value as reward points.
They can be redeemed for shopping/movie vouchers, food coupons, recharges, etc.