Automatic Savings App!
Hey guys! So this app called “Qapital” that I use is the perfect way to make saving money easier! It is a trusted app and if you are sketched out at all by it, feel free to go to the website here for more information or do some research yourself.
Sign up here to get $5 after your first automated savings deposit goes through!
Qapital allows you to create multiple goals and you can even choose categories for each of them! The goal categories are:
- “Do something”
- “Go somewhere”
- “Get something”
- “Pay off debts”
- “Just start saving”
It also has a “Something else” option so you can personalize your goal! On top of that, you can choose an image for each goal you have so every-time you look at your app you are still motivated to save!
You can choose one or more rules for each goal you have!
Round-up: This is a way to “save change” without needing to use cash! So for example if you pay $14.75 for something, Qapital will put 25 cents into the saving goal you set up with that rule. You can even choose to round-up to either $1, $2, $3, $4, or $5!
Set & forget: Choose an amount you want to save and then choose if you want to save that amount every day, week, or month! So maybe you choose $20 and every week. Qapital will automatically save $20 every Monday!
Payday: For this rule overtime your bank account gets a deposit of more than $50 for example (or whatever you choose), you can select a percentage of the deposit that will be sent to your Qapital savings goal!
Guilty pleasure: This rule allows you to save money anytime you spend money at a place of your choosing. This might help you stop your bad habit of getting $5 coffee every morning which will save you money or it will help you save money by automatically saving a desired amount every-time you buy your coffee! You can choose places like McDonalds, Target, Caribou, Starbucks, Chipotle, etc.
Spend less: Set an amount that you want to spend less than every week or month at a specific place (like the examples above) and then save the difference! So if you want to spend less than $15 a week on coffee, if you only spend $10, capital will save the remaining $5 and put it in your savings goal!
Freelancer: Automatically save 30% on every deposit that is larger than $100.
52 week: With this rule, you will save $1 on week 1, $2 on week 2 and so on for 52 weeks! This will save a total of $1,378!
Apple Health: This rule is connected to the Apple health app! You can choose between walking/running distance, steps, workouts, and stand hours. You set a specific number or amount of time you want to complete and then an amount of money you want to save every time you complete the workout goal you set!
Customize: This rule allows you to turn any activity into a “trigger” to save money! You can choose to save whenever you post an image to Instagram, whenever you post a tweet to twitter, and other things like that!
Overall this app is great for saving money due to the fact that it’s automatic. The hardest part of saving money is the act of having to put money into a savings account yourself because let’s be honest, we would all rather spend money than save it! So, if you’re interested in signing up for this app, use the link here to get $5 for free after you save money for the first time on the app! I hope this app helps you guys save some money!
Talk to you guys soon! -Kaet