Top 8 Apps for Budgeting and Investment Strategies
Explore the top 8 apps designed for saving and investing, ideal for financial beginners and seasoned investors alike. From automated savings with Joy to fractional investing with Stockpile, these applications help streamline your financial goals. Discover tools that make managing money enjoyable, educational, and accessible. Perfect for building wealth and achieving financial stability.
Top 8 Applications for Managing Savings and Investments
Joy
If budget constraints are a concern, Joy is a helpful free app available on iOS. It assesses your income and expenses, recommends daily savings amounts, and allows transfers into an FDIC-insured savings account.
When needed, funds can be moved back to your regular accounts.
Acorns
Designed for beginners, Acorns is a mobile investment app that supports automatic round-ups and recurring transfers from linked cards, making investing easy. It charges a minimal $1 monthly fee and offers ETFs, along with tailored investment suggestions based on your profile.
Tip Yourself
Available for Android and iOS at no cost, Tip Yourself is ideal for short-term savings goals like vacations or appliances. Reward yourself with digital tips upon completing personal milestones, and once enough is accumulated, transfer the funds to your savings account for your reward trip!
Betterment functions as a robo-advisor suitable for newcomers eager to learn investing. It creates low-cost ETF portfolios aligned with your ambitions, offering options for socially responsible investing, all with a low 0.25% annual fee and no minimum balance.
Qapital
This rule-based savings app helps you plan for long-term objectives such as buying a vehicle. Available on iOS and Android, Qapital allows you to set specific rules, like saving a dollar per transit ticket purchase, and automatically rounds up transactions to transfer the difference to your savings account.
SoFi
Combining banking, lending, and investing, SoFi offers a comprehensive platform with beginner-friendly educational content. You can invest in fractional shares, stocks, cryptocurrencies, and ETFs—all within a single app designed for holistic financial management.
Stockpile
Tailored for users with some investing experience, Stockpile charges nearly a dollar per trade but has no ongoing fees. Its standout feature is fractional share purchases, making investing accessible even with limited funds for high-cost stocks.
Invstr
A popular app integrating savings and investment education, Invstr offers a fantasy stock game for practicing strategies and transitioning to real investments through fractional and whole share options. All transactions are commission-free and designed to educate users effectively.
