There is so much innovation happening with financial technology making it easier than ever to save, invest and understand where our money is going. The rise of the FinTech industry is still in its infancy and there are even better apps and solutions on the horizon. What technology is really good at is taking in lots of data and identifying opportunities. There are a number of apps that can help us save money either before we hit the buy button or even after we’ve completed a purchase by watching for sales and rebates.
But like most things in life, there is a trade-off. In order to take full advantage of most of the savings apps that are out there, we have to give them data about ourselves. Some require us to link an account or credit card, while others need access to our email to scan for receipts. And we have to assume that they are paying attention to what we are buying which is incredibly helpful to build a profile about what we like and don’t like. For some of you, saving some extra cash isn’t worth giving up this information about yourself. And I totally get it and respect it. If you are all about saving money, you may happily make this trade off. Either way, I encourage you to read the privacy statements and legal disclosures so you know what they are and aren’t doing with your information.
Here are 4 apps that can help you save fast!
Honey (joinhoney.com)
Ibotta (home.ibotta.com)
Paribus (paribus.co)
Drop (earnwithdrop.com)