Financial wellness is just as important as physical, mental, and emotional wellness. Managing money can be a huge source of stress for any millennial. For that reason, we put together a list of apps to help you keep your pockets healthy. Check it out!
Digit works by reading your linked bank account to intelligently save money for you automatically. In addition, Digit can help you make a dent in your debt, and make monthly bill payments directly from your savings goals. You can make different savings goals (vacation, new car, whatever you’re saving for) and you can easily move what you've saved back to your linked account when you do need it.
Digit analyzes at a few things when it saves for you:
The app is FDIC approved and is super user friendly. If you’re having trouble keeping track of how you spend, or how much, give Digit a download.
Learn more: https://digit.co/
Marcus is a banking app by Goldman-Sachs that has multiple features to help you keep an eye on your cash. Here’s what Marcus offers:
Learn more: https://www.marcus.com/us/en
Want to invest, but no idea how or where to start? Stash is your app. With plans beginning as low as $1/per month, Stash will allow you to start buying pieces of stocks and funds with as little as 1¢ (or 5¢ for investments priced over $1,000 per share). You get unlimited trades, with no add-on trading commissions charged. In addition you’ll have access to education and advice from investment professionals to ensure you’re making informed investments and trades. They break down complex investing topics into simple how-to’s. They’ll also advise you on how to diversify your portfolio which makes your money work for you! If you aren’t investing yet, start today with Stash.
Learn more: https://www.stash.com/
Credit is key. Your credit score determines a lot when it comes to loans, financing, and other money concerns. Even if you don’t have a credit card just yet, you probably do have a credit score based on a student loan or other finances. Credit Karma will give you free access to your score. In addition, it will give you insights as to what is either positively or negatively affecting your score. With this information you can get personalized recommendations on how you can use your credit more wisely, and improve the score overall. Nobody wants bad credit, so keep track of yours with Credit Karma.
Learn more: https://www.creditkarma.com/
Like Stash, Robinhood is here to help you invest your money. Whether you’re a beginner or you’ve been in the market for a while---Robinhood allows you to analyze stocks and day-trade in real time with zero commission fees. Investing in your 20’s? Robinhood came up with a BOMB acronym that stands for Budget, Organize, Maximize, and Balance. That’s exactly what Robinhood will do for you when it comes to investing. They offer charts, financial news, and advice to help keep a BOMB portfolio. An added bonus? Your first stock is free when you sign up. If you’re hesitant about investing, start with a free stock (no harm, no foul, right?) and once your money starts working for you, I doubt you’ll hesitate about more investments.
Learn more: https://robinhood.com/us/en/