Want to save money in 2017? Of course you do!
Don’t worry, I’ve got your back.
Today, we’re talking about my favorite savings tools for 2017. These bad boys are simple to use and easy to understand. The coolest part: Most of them are FREE – as in no money, cost you nothing, free. Pretty sweet, right?
Without further ado, here are my favorite savings tools of 2017!
In my opinion, Personal Capital provides the best free financial tools available. We’ve been using them for years, and I highly recommend them. With their free app, you can track all of your financial info in one place. Just link your accounts to check out your net worth, ensure your investments are properly diversified, and find hidden costly hidden fees in your retirement accounts. My favorite piece is the Cash Flow tool, which helps you track your monthly spending. Again, all these tools are completely free, so why not use them? Read our full review or create a free Personal Capital account here!
If you love credit card rewards, you don’t want to miss this! A few months ago, I spent several hours with my new buddy Liran Amrany. With his business partner Jeff, he created an awesome new app called Debitize – and I freakin’ love it. This free app allows you to take advantage of credit card benefits without spending more money than you have. With Debitize, simply connect your credit card and checking accounts. When you use your credit card, the app debits money from your bank account to pay the charge. Then, at the end of each week, Debitize pays your credit card bills for you! Personally, I think this is genius and wish I’d thought of it myself. Want more incentive? They’re giving Club Thrifty readers a $10 credit toward their next credit card bill. Create your free Debitize account and claim your $10 credit here!
Digit is a free savings app that helps put your savings goals on autopilot. Basically, this app monitors your income and spending once you connect your checking account. After analyzing your habits, Digit automatically deducts a little bit of money from your checking account every few days. The app stores it in a savings account so you’re constantly saving money without lifting a finger. They never deduct more than they think you can afford and even provided a no overdraft guarantee. When you’re ready to access your savings, just transfer the money back to your bank account. It should be there by the next business day. And yes, Digit is completely free. There are no fees, no minimum balance, and unlimited transfers. Create your free Digit account right here!
ProActive Budget is a great new app that makes “envelope budgeting” easy. Essentially, ProActive connects to your bank account and creates digital envelopes for your budgeting categories. When you go to make a purchase, choose a category from your smartphone and swipe the ProActive Card at checkout. (Currently available on iPhones with Android coming soon.) The money is instantly deducted from the right category, paying your bills while helping you stay on budget. You can also transfer funds from one category to another, helping you stay on track without dealing with a paper copy. It’s pretty cool, free for the first month, then costs just $60/year. Better yet, through the month of Janauary, you can get a lifetime membership for just $145. Get started with ProActive right here!
Zero Down Your Debt
I couldn’t create a list of the best money tools for 2017 without including our new book Zero Down Your Debt: Reclaim Your Income and Build a Life You’ll Love. This book is perfect for anybody who is struggling with debt, living paycheck to paycheck, or just can’t seem to get ahead. Using our “10 Fundamental Truths of Destroying Debt and Building Real Wealth,” we walk you through the process of creating a monthly money plan, eliminating wasteful spending, and using the overage to destroy your debt. You’ll learn to avoid budget vampires, squash limiting beliefs, and how to survive when things go wrong. This book is a great first step to making 2017 your best year yet! Pick up your copy here.
That’s it for now! I wish you a happy and successful 2017. Enjoy the tools and good luck!
What do you think? Have you used any of these tools before?