The Best Smartphone Apps to Make Money in 2021:
Have you made a promise to yourself to get your finances in order this year? As 2020 brought us a year of uncertainty, it’s no wonder people are looking for ways to make money in 2021.
It’s good news for those who want to improve their financial situation as they can do so straight from their pocket. There are multiple smartphone apps available if you want to make money. You can make money whilst on the move or at home, so long as you have access to a mobile device.
Most people own or have access to a mobile phone, and naturally, smartphone apps have become part of our everyday lives. So why not use them to make some money? Whether you’re looking to make a little extra cash or want to turn it into your main source of income, there’s plenty of ways to line your pockets no matter your financial goal.
Think about how many hours we spend scrolling on our phones. Why not spend this time reading about potential investments, or savings accounts and learning how to budget your money effectively to help your finances in the future?
If you’re interested in downloading apps that can help manage your money, keep reading to find out which one’s we recommend for 2021.
1. Trim
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This app does what it says in the name; it trims your spending habits by tracking your transactions. This app is free to use and will do all the hard work for you, from cancelling unwanted subscriptions to monitoring your utility bills. Trim will also negotiate with your TV, internet, mobile and medical bill providers to help get you the best deals.
As well as negotiating costs and tracking your spending, Trim also automates your savings and transfers the money into high yield accounts, where you can get a 4% annualized bonus on your first $2,000. Trim offers an easy to use platform and real-time alerts to keep on top of your money. Furthermore, it provides users with helpful information via their blog, leading to some useful tips when managing your finances.
2. Mint App
Now that you’ve trimmed your expenses and have your bills in order, you may want to find ways to budget your paycheck and stretch your money as far as possible. Once you have your money under control, you can also set up different pots to allocate parts of your paycheck for various goals such as saving for a house, car, or creating a rainy day fund. As part of the Mint app, you’ll also be able to check and monitor your credit score for free.
If you are considering buying a house, you may need to apply for a mortgage, and the better credit score you have, the more likely banks will be to loan you money for a down payment. Much like the useful information offered by money-making apps, you might want to look for guides on property investment too if you are looking to buy a house for buy to let investment purposes. Property company RWinvest have some great tips in their free online guides.
3. Acorns
For those that are interested in investing their money, this may be the app for you. The Acorns app takes a portion of your money and invests it for you to grow your capital over a long period of time. When you sign up to Acorns, you’ll need to connect a debit or credit card so that the app can use the spare change from your transactions and put it into an investment account. This is an excellent approach for a hands-off investment, but you have the option to learn more about the stock market too should you wish.
