Financial literacy has taken an entirely new meaning now that most banking transactions are done online. With the advancement of the fintech industry, you can simply sign up online to invest your cash.
Additionally, you can save your money by opting for a lower loan interest rate or using the correct coupons during online shopping. However, searching for similar practical ways can be a challenging task.
With more than 58% of Australians facilitating their financial operations online, multiple applications are now available to tell you how to save on your monthly budget. You can find various money saving apps in Australia to help with your financial planning.
Here are 4 features to look for while selecting an ideal budgeting app.
Remember when your friends would ask you to sign up at a random website for a coupon? Such rewards are known as ‘welcome bonuses’ and include several benefits. When signing up on an application for the first time, check if you are getting some coins or discount offers in return.
Additionally, you will find that some budgeting apps are providing lucrative deals on shopping with certain stores. Therefore, check out the available platforms and see which one provides the best offers. Moreover, seasonal and festive discounts are a given!
Timely Cash Backs
It is quite possible that you are not interested in shopping from discount stores or using random coupons. In such cases, rewards are not for you. But, you can always opt for applications that allow instant cash backs.
After you have made the purchase, you need to upload the receipt or scan the product’s barcode. Now, you can easily avail the offer and get a certain percentage of the original price paid back into your bank account. Sounds neat, right? There’s more– you can even earn money by adding your friends to the network.
Finding out which site offers the minimum price or best deal when shopping online can be a hassle. However, with money saving apps in Australia, you will come across several options that allow you to compare prices instantly.
These applications will also alert you when the store offers any discounts. As a result, you don’t have to constantly visit multiple websites to grab the best deals. Additionally, product-specific platforms, like mobile bills, internet packs, or gas, cater to specific needs. Here, you can save money on essential commodities as well.
Most businesses have a loyalty program to treat their regular customers with the best offers. Today, multiple applications manage such membership programs and allow the customer to avail of extra discounts.
Additionally, some organisations collaborate with specific budgeting platforms. As a result, people using that particular app are liable to get extra benefits. By opting for such services, you can also integrate all your coupons and loyalty cards in one place.
You must have heard a famous quote “Save money, and money will save you.” In the fintech era, budgeting applications have made it easy for people to find the best deals and claim discounted offers.
There are several money saving apps in Australia that offer numerous benefits. Now, it is up to you to select the best possible platform that aligns with your interests.
While checking the features of such applications, you must look for loyalty programs, rewards, discounts and coupons, and deal comparisons.