Apps that help you save money
posted on April 17, 2023
We get it, money is tight for many Canadians right now. It can be shockingly easy to blow through your paycheck just on the necessities of life. Saving may not even be on your radar right now, but these apps can help make it more feasible. If you want to earn, save, invest and grow your money, give these apps a try.
Want to grow your money? It might be time to sign up for WealthSimple. This excellent app offers smart investing tools and personalized advice designed to build long-term wealth. You don't need much money at all to get started with an investment account, and you can finetune how much you self-direct your investment portfolio. Whether you'd prefer to mantain full control or feel like handing over the reins to an advisor in a managed portfolio where you indicate how much risk you're willing to tolerate, this app is a great option for you.
Want to play the long game and achieve financial freedom through passive investment? Moka is the app for you. Building wealth means investing early, consistently, and passively. Moka is designed to make it easy for everyone to reach financial freedom. Their fees are lower, making your return on investment much higher. If you want to play a shorter game to achieve certain savings goals, Moka's short-term portfolios are more protected from market volatility, helping you grow your money with less risk.
It's no secret -- paying for gas is expensive! With the GasBuddy app, you can combine discounts, deals and find the best price on gas near you to enjoy instant savings of $2-$10 on every tank you fill. With their card you can save 5x as much as you can on their app and earn gas back with every purchase from several major retailers.
With the Paymi app, you earn cashback when you shop online and in-store at many major retailers -- from food and clothing to books and electronics. It's low hassle, high return.
The Swagbucks app enables you to earn gift cards from your favourite retailers and cash. Shop online, play video games, search the web, answer surveys and find great deals to earn points, then redeem your points for gift cards from your favourite retailers like Amazon and Walmart or get cash back from PayPal.
The Rakuten app helps you earn cash when you shop. All you need to do is start shopping in the app and choose from over 3,500 partner stores that give cash back to its members. The stores pay Rakuten to find them customers, and Rakuten pays its customers (you) part of that fee.
Caddle is a free app that enables its users to earn cash back by responding to surveys, purchasing products, providing reviews and more. You can cash out once you've earned $20 or more and Caddle will mail you a cheque.
Even when money is tight, most of us have to make regular purchases. The Koho app enables you to earn 1% cash back on groceries, bills and services, and up to 5% extra cash back when you shop online or in-store with Koho's partners.
If you're looking for ways to earn and ultimately save cash, Ampli is the app for you. Connect credit and debit cards to your account to earn cash on purchases from participating retailers in store and online. Once you've earned $15 or more, cash out with a free e-transfer.
We hope these apps help you and your financial situation this year!