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Introduction: The Importance of Saving Money in 2023
It has always been important to save money but in 2023 this is more important than ever. The pandemic has not yet ended, and there is a lot of economic instability; this means that everyone should be financially prepared. But, it is sometimes difficult to save money when you have so many bills to pay and other expenses to make. However, the technology has evolved and this has made saving money easier through the use of various applications. In this article, we are going to discuss the best seven apps that can change the way you save money in 2023.
App #1: Budgeting Made Easy with Mint
Mint is a budgeting app that assists you in keeping track of your expenses, creating a budget, and, most importantly, saving money. The app syncs with your bank accounts, credit cards, and other financial accounts to provide a single view of your finances. With Mint, you can set financial goals, see where your money is going, and be notified when you are spending more than you should. The app also offers suggestions that will help you save on your bills, credit cards, and other expenses. A recent survey by Bankrate revealed that 58% of Americans are still not budgeting. Mint can help you in developing a budget and sticking to it, this will result in a lot of money being saved within a certain period. You can know where your money is going and where you can reduce your spending and reach your financial goals.

App #2: Automate Your Savings with Acorns
Acorns is a mobile application that helps you to invest your spare change by rounding up your purchases and sending the remaining change to your investment account. For instance, if you buy a coffee that costs $2.50, Acorns will round up the amount to $3.00 and invest the 50 cents. The app also offers recurring investment products and cash back on purchases.
A survey by Bank of America found that 16% of Americans save less than 5% of their income. If you are not very disciplined in saving money, Acorns can help you save money without even having to think about it. This way, you can ensure that you gradually save up for the future and meet your financial goals.
App #3: Get Cashback on Your Purchases with Rakuten
Rakuten is a cash back application that helps you save money on your purchases. The app has thousands of store partners including Amazon, Walmart, and Target where you can get cash back on your purchases. You can get up to 40% of the cash back on your purchases, which means a lot of money in the long run. According to a survey by CouponFollow, 63% of Americans use coupons or promo codes when shopping online. You do not have to look for coupons or promo codes to get discounts on your purchases with Rakuten. You can also get cashback on your purchases which will help you save money towards your financial goals.

App #4: Save on Your Bills with Trim
Trim is an application that helps you save on your bills. The app examines your bills and determines where you can reduce your spending, for instance, trying to negotiate for a better cable or internet connection bill. It also cancels subscriptions that you no longer need and assists you in getting better rates on your bills.
According to a survey by Billshark, 85% of Americans pay more for their bills than they should. Trim can help you reduce your spending on bills without having to involve yourself in the process. Trim can help you save money by identifying where you can reduce your expenditure and bargains that can be made on your behalf. Stash is an application that enables you to invest your change.
App #5: Invest Your Spare Change with Stash
As per a survey by Bankrate, 28% of Americans do not invest in the stock market. You can download Stash and begin investing without the need for a large amount of money. Therefore, you can invest your spare change and develop a portfolio that will enable you to achieve your financial goals.
App #6: Track Your Expenses with PocketGuard
PocketGuard is an application that assists in tracking money outflows and saving funds. The app connects to your banking and credit accounts to provide a full financial report. It also classifies your expenses and offers advice on how to save money through specific suggestions.
In a survey by Credit Karma, it was found that 35% of Americans are not sure how much they spend on food in a month. PocketGuard can help you with your expenses and show you where you can reduce your spending. This means you can reduce your expenditure on other aspects and reach your financial goals.
App #7: Save for Your Goals with Qapital
Qapital is an application that can help you save money for your goals. The app has the save for goal feature where you can set your savings goals and make the app save for you. For instance, you may have a goal of saving $1,000 for a vacation and the app will make the monthly deposits to your savings account. According to a survey by Bankrate, 28% of Americans have no emergency fund. You can use Qapital to save for emergencies and other financial goals. This way, you can ensure that you save money regularly and reach your financial goals.

Conclusion: Evolution of Saving via Apps in 2023
In conclusion, saving money is more important than ever in 2023. Fortunately, technology has made it easier to save money with the help of various apps. The top seven apps discussed in this article can revolutionize your savings and help you achieve your financial goals. Whether you want to track your expenses, automate your savings, or earn cashback on your purchases, there is an app for that. By using these apps, you can take control of your finances and build a solid financial foundation for the future.