Table of Contents
Introduction
Whether you are a high, middle, or low-income earner, saving money is always a good thing and money-saving applications can help you do just that!
Saving money or penny-pinching does not only involve budgeting but can range from savings on expenditure to buying goods on sale.
Have you ever bought an item online for certain costs only to find it on sale for 50% less than your purchasing cost?
This is a bad experience that can dampen your shopping experience. Nobody likes spending money on something that they could have saved money on.
Whether you are preparing to buy an expensive item, save for retirement or vacation, get help on saving money on groceries, or save towards your investment, penny-pinching is of extreme importance.
To become efficient at saving money, you first need to understand the concept of budgeting.
The apps listed below provide a range of penny-pinching services and are some of the best budgeting apps in 2022 that will help you increase your disposable income which you can use to improve your financial status.
Budgeting Applications
Mint
This is a popular money-saving budgeting app that is extensively reviewed on our list of 8 best budgeting to download in 2022.
Mint is an All-in-one budgeting application that allows its users to track their bills and expenses, create a super detailed budget, and plot their savings and investments path.
Mint can be used to help your account for all your earnings and make sure you never overspend or fail to pay your bills on time.
Chime
Chime is a money-saving app that is available as an iOS and Android application that comes with a spending account and debit card that is insured by the FDIC.
This ensures that you can safely deposit funds, monitor spending, and track your investments all from the comfort of one application.
The mobile application comes with several features including an automatic savings account that automatically deducts a percentage of money from your income and deposits it into your savings account, rounding up on purchases and saving the difference, and creating a budget.
Digit
This money-saving application automatically analyzes your finances, creates a savings and investment plan for you, and automatically saves according to your needs.
The application analyzes your income and expenditure and calculates how much you can afford to save every month.
The application then automatically deducts this amount from your income and saves it into an FDIC-insured Digit account.
All amount saved on these accounts earns a one-percent savings bonus on your balance after every three months.
The application also updates its analysis on a three-weekly basis to ensure that your income and expenses are updated accordingly.

Bill-Paying Notification Apps
Charlie
Have you ever defaulted on an expense or bill and got fined for forgetting about it?
This ultimately increases your financial burden as you will have to pay both the bill and default rates. Charlie is the right money-saving application for you if you have these concerns.
This application is a simple money management app that allows its users to manage their day-to-day transactions.
Charlie is designed to ensure that you pay your bills on time and score some fantastic deals during the process.
Trim
Trim is a bill-negotiation, money-saving app that analyses your spending, negotiates your bills, cancels unused subscriptions, and provides access to saving opportunities. T
his application analyzes the income and expense habits of the user and determines areas where an individual can take action and save more money.
Trim then analyzes all existing expenses including cable, internet, phone, and medical bills to determine which bills can be negotiated and which subscriptions can be canceled.
Trim is considered a safe application to use as it employs 256-bit SSL encryption and two-factor authentication.
Shopping Accounts
Paribus
This is a free-to-use application that allows its users to access deals that will help them save on expensive purchases. Paribus works in a simple way by scanning the users’ inbox and determining where you are owed by retailers.
Once you sign up for the service, all your receipts will be scanned, and when the price drops on one of your purchases the site will help you get a refund thereby saving you money.
The refunds are based on price drops and late deliveries.
Cashback Rewards
Ibotta
Ibotta is a money-saving, cashback rewards site that is available as a browser extension and smartphone application.
This free-to-use mobile coupon and cash-back shopping app allow shoppers to earn cash back on specific products by performing easy tasks, buying some products, and providing proof of purchase.
Ibotta is a popular application amongst its users because one can make money in several ways including redeeming coupons, rewards programs, coupon stacking, and matching amongst other money reward programs.
Some examples of these tasks include product reviews, watching short videos, and posting on your personal social media pages.
Swagbucks
Swagbucks is also a reward and cashback, money-saving program similar to Ibotta, where users can save money on their purchases through coupons, promo codes, and sales.
Users are paid in Swagbucks that can then be redeemed for cash and other gifts. This is an easy way to earn money, save on some of your shopping bills, and simultaneously align your spending habits with your income.
One of the easiest ways to earn money through Swagbucks is by using their search engine instead of another popular one like Bing and Google. You will begin racking points through surfing that can then be redeemed in a variety of ways.
Conclusion
The aforementioned apps are just a number of a few easy to save and make more money in 2022.
If you have moderate to bad spending habits and are looking for a fast and convenient way of penny-pinching and keeping your expenditure and income on track, then you should download one of these apps.
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