The annual inflation rate in the US was recorded to increase from 3.2 percent in 2011 to 8.3 percent in the year 2022. This has got everyone scrambling to find ways to save money and cut their daily expenses.
If you don’t do this already, you may want to put whatever savings you have into a high-interest savings account – you can get 1.75% or more if you do that. Another thing you can try is to start budgeting; how are you spending your money in different areas of your life and how can you start spending less on any of them?
To help you with that, we have listed some of the best money-saving apps that are currently available on the market.
All you need to do is make sure that you have a reliable internet connection so that you can stay up-to-date with the app changes and new deals creeping up. Xfinity has got you covered with reliable and affordable internet, and in case of any assistance, Xfinity customer service is available around the clock. This should help you stay online while managing your budget.
Save on Refueling
Gas is expensive nowadays, but you still need a car. We aren’t asking you to stop using your car to get to places; instead, try using Upside.
This is a cashback app that provides you cashback in return for transactions you make at affiliated gas stations across the US.
Using the Upside app doesn’t earn you a bucketload of cash rewards quickly. It adds up over time, especially when you use the app every time you refuel your car. Upload the picture of your receipt in the app to claim your cashback points.
The Upside app is quite useful and allows you to put your savings toward future spending.
Accumulate Your Savings
You can do so with the help of Rakuten app, which ensures that you are always connected to your savings.
You can get cashback by shopping at more than 3500 stores around the country. Create an account on Rakuten and start earning cashback. The Rakuten company earns its commission from the stores when you make a purchase from them, and then gives parts of it to you in the form of cashback.
You don’t need to upload a picture of a receipt on Rakuten app. Since you’ll be making a purchase from one of Rakuten’s affiliate stores or using your credit/debit card, it makes it easy for Rakuten to spot your eligible transactions and then send you the cashback.
Overall, this app is a great way of earning cashback on everything from regular item purchases to dining out or traveling.
Go Easy on Grocery Spending
More often than not, all our budget goes to spending on groceries. But Checkout51 will help you to manage your savings the next time you go shopping for food.
Download the app from Google Play Store and Apple AppStore, upload the receipt after making your grocery purchase, and then collect earnings. When you have accumulated about $20, you can get cash out.
Saving on your groceries is an effective way of cutting back on your daily expenses.
Take Advantage of Cashback from Retail
Another app that you can use to earn cashback is by using Ibotta and uploading your receipts on the app. You can earn purchases for both grocery and non-grocery purchases. That also includes items from eligible pharmacies, liquor stores, restaurants, gas stations, and more.
This is how Ibotta works: if you have found an offer on the app that you want to redeem, you just claim that offer and add it to the shopping list. So when you are at the store, you can buy items that are eligible for the offer you just claimed. After paying for these items, you can claim the cashback on Ibotta.
Most of the items provide varying cashback from $0.25 to $2 on each of your eligible items, the savings can add up over time.
Nowadays all stores have their own rewards programs, but the Fetch Rewards app incentivizes the shopping experience from any store of your choosing by giving you points for each purchase that you make.
This mobile app is free to download and lets shoppers accumulate rewards points by sharing their receipts i.e. 25 points for every receipt you upload. This means that a $1 credit amounts to 1000 reward points from Fetch Rewards.
You can also use these points to redeem gift cards from brands such as Target, Starbucks, and more.
Take advantage of these apps so that you can save up and easily manage your budget. These apps are meant to help you save money and not go overboard.
Getting points in exchange for receipts is one of the most useful things and if you are a student or anyone who finds it hard to save up, you should definitely download any of these apps to easily manage your everyday expenses.