Saving money is a skill that many of us have to learn at some point in our lives. Whether it's saving for a long-term goal such as a house or something more short-term like a pair of trainers or a holiday, saving will get you there!

These apps will help you to save money alongside your current methods of saving.

1. PLUM

This is an amazing app that I happened to stumble across in mid-2019 and is perfect for anyone who is a lazy saver or just wants an extra top-up pot of cash. You download the Plum app and then connect it to your bank account.

Plum will then use its smart AI technology to assess your spending and income levels. It will then put aside money into a savings pot within the app for you. If there are times where you have less income than usual it will put in an amount that it deems you can afford eg £1.05 or you can choose to pause deposits until you are ready again.

You can switch on a feature called 'round-ups' which will put aside the extra pennies from your transactions. If you purchase a coffee for £2.59, Plum will put the extra 41p into savings for you.

Plum is also a great app if you want to get introduced to investing. You are able to do portfolio investments through a stocks and shares ISA. What that means is you invest money into a chosen 'portfolio' and Plum will purchase fractional shares on your behalf. The portfolios contain pre-selected companies divided into different categories such as technology, environmental etc. You have no control over how many shares are being bought from each company in the portfolios as it is done for you. It is seen to be less risky as you are putting your money into a variety of different companies thus spreading the risk.

Sign up below:

https://bit.ly/2ZG3QCM

2. CHIP

If you have goals that you are saving for whether it be trainers, clothes or a holiday, this app is the best assistant. Once you have downloaded the app, you connect it to your bank account.

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The app will go ahead and work out how much you can afford to save and auto-save it for you. You can create different saving spaces for different goals - name and customise them however you choose.

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The app allows you to track how much you've spent and see the projected date as to when you'll reach your savings goal. If you need to access your money, you're able to withdraw instantly from the app.

Download for iPhone here or Android here.

3. TANDEM

With the function of autosaves, Tandem helps you to save money without even noticing it leaving your account. Download the app and connect your bank account to start saving. There are different ways to save with the app:

• Round ups: Round up your card transactions to the nearest pound and save the difference

• Safe to save: We'll analyse & predict what you can afford to save and move it to your Tandem Account

• Regular deposit: Make a weekly or monthly deposit into your savings with the tap of a button

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The money will be stored in a savings account within the app where your money will ear 0.5% AER (subject to change).

Download the app for iPhone here or Android here.

Give these apps a go if you're looking to either start saving or get a boost this year on your cash. Let us know which is your favourite!

*Some links may be affiliate links.

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