I’ve never been too good at saving, but this past year has taught me that it is extremely crucial right now, in my 20s, to at least try and budget my money. I’m not talking about opening multiple savings accounts, or investing different funds, but just setting direct goals for yourself financially. When you’re trying to achieve obstacles that financially restrict you such as moving out, buying a car, or paying off student debt, budgeting can be key, which is why I have recently implemented a new savings app which I am promoting today.
Digit is a new application that makes budgeting convenient and straight-forward. By linking up to your bank account, Digit analyzes your spending and automatically saves the perfect amount everyday, so you don’t have to think about it. You’re able to personalize your goals for saving and prioritize, set time limits on when you need that money saved by, and then never worry about transferring money again thanks to Digit.
This app will analyze your bank account- money coming in and out- to learn how you spend. Based on this information, Digit is able to realize when it’s time to take a break as well as when it’s okay to save.
This screenshot was taken directly from Digit’s website which shows the app taking into consideration how much you need to set aside for bills and other purchases, as well as your bank account minimum, and then calculates how much money to disperse into each separate savings fund.
In case you’re worried about this not being safe, Digit is FDIC approved and is data secured by 256-bit encryption, which is the same level security as the military.
In addition, there are so many rewards and bonuses to joining Digit which I have listed below:
I used to think that this would be way more complicated, time consuming, and stressful to try and work out, but thanks to technology, I’m on the right path to being more responsible with my income and my spending!
If you’re interested in learning more about Digit or signing up yourself, use this link to receive a $5 bonus for yourself just for joining.
Even though Digit is intended for making saving easier, it can also help with curbing spending because it will show you visuals on how easy it actually is to save money, as well as improve your goal-orientation, financial management and decision making, and spending awareness.
