If you want to be successful with money, you need to have a good money system in place. Your money system consists of all of the financial accounts and tools you use to keep your financial life in order – things like your checking accounts, savings accounts, and any fintech apps you might use. Once […]
One of the keys to being successful with money is to have a strong money system in place. You’ll find that once you’ve done that, money just seems to build up without you even realizing it. I don’t really budget, and to be honest, I’m not really all that frugal either. And yet, every month, […]
With the holiday season starting up in full swing this week, I thought it’d be a good idea to share all of the best cashback apps I use to help me optimize my spending. For me, whenever I spend money, I’m always thinking about how to get a good return on my spend. That’s why […]
One of the things that motivated me to start this blog was a desire to share the tools I use to optimize my finances. Over the past several years, I’ve gotten heavily into the FinTech world and I haven’t been shy about trying out new FinTech apps. Since I was sharing this stuff with my […]
I’m always on the lookout for tools that I think can make investing easier for people. While we personal finance writers think of investing as really straightforward, the truth is, the logistics of investing really isn’t as simple as we make it out to be. It’s easy for us because we’ve spent hundreds of hours reading and learning about money and investing. Tell me to put my money in a total market fund with Vanguard and I can do that pretty easily. But tell your average person to do the same and I guarantee they won’t understand how to do that.
In an ideal world, investing would be as easy as opening up a bank account. Your average person could just go online, open up an investment account, and then walk away without having to make any decision other than deciding how much money to put into their account.
I’ve been a Digit user for over two years now and during that time, I’ve been able to save more than $8,000 into my Digit account without even noticing it. When combined with Qapital, I’ve had a great microsaving system worked out – Qapital rounds up all of my purchases while Digit sweeps out any excess money that I have in my checking account. This microsaving system has been a great way to make sure that every dollar I earn gets a job of some sort.
Unfortunately, Digit recently announced that it would charge $2.99 per month in order to use its services. As a result, I’ve decided to drop Digit and make the move over to a new app I found called Dobot. So far, the Dobot app looks like the perfect alternative for folks looking for a free savings app with all of the same functionality as Digit.