Managing money can be confusing and downright frustrating. How many times have you spent way too long figuring out how to split the dinner check with your friends? Or funneled money in and out of your bank account without really paying attention to where it’s going? Luckily, technology is helping to take the burden out of dealing with everyday finances. Here are some companies that are making it easier than ever to both pay and save.
Pay with ease. Gone are the days where you have to find an ATM before a group event, in anticipation of needing exact change to split the check. With mobile payment apps such as Venmo, you can pay or charge people with the click of the button. You can even send reminders to nudge that friend who always “forgets” to pay.
Seamlessly track expenses. You don’t need to be an excel wiz to create and stick to a budget. Mint’s easy-to-use software makes budgeting extremely easy. Just create custom budgets based on your savings goals, and then Mint will do the rest, from seamlessly categorizing expenses to alerting you when you are nearing your monthly budget.
Save on the essentials. Now, it’s easy and affordable to purchase necessities like groceries and other household items. Jet and Amazon allow you to set recurring shipments personalized to your needs so that essentials (like toilet paper) will arrive on your doorstep right when you need them. Not only is this more convenient for you, but you can usually score some big savings by subscribing.
Car insurance is another necessity for anyone that owns a car, and here at Metromile, we’re using technology to save low-mileage drivers a ton of money with our pay-per-mile insurance offering. Because we can track exact mileage with the Pulse, a device that plugs into the OBD port of your car, we’re able to provide a more affordable pricing model. If you want to see how much you could save, you can get a free quote here.