Living in a city can give you a real cultural and social buzz, but it does undeniably come at a great financial cost. But hey, life’s too short to live in fear of checking your bank balance. Ignorance may be bliss, but the moment when your card bounces after offering to buy your colleagues around is not. With this in mind, InstallmentCredits blog decided to compile a list of companies that can ease the burden of daily financial strain.
This relatively recent player on the banking scene has revolutionized the way we track our budgets. With the widespread use of contactless cards, many young people especially, are feeling the stress of keeping on top of their spending when charges can take two or three days to register on your account. Monzo connects your banking to your smartphone; it categorizes all your spending for you so you can see exactly how much per week you are spending on transport, food etc. It can even allow you to split a bill instantly at a restaurant.
Many city-dwellers have dispensed with the idea of the ‘big weekly shop’ and tend instead to pop in the shop on the way home. As a result, it’s easy to lose track of exactly how much you spend per week on food. In order to ease this expense and help the environment in the process, the free app Olio connects neighbors with each other and with local businesses so surplus food can be shared, not thrown away.
By the way, it’s never too late to learn how to monitor your shopping expenses and cut the shopping bills.
This useful app makes it easy to monitor your household utility meters. Once you start entering readings, your usage, costs, and savings are calculated and displayed in easy to visualize graphs. Not only does this track your monthly spending, the app also allows you to compare your energy bills against other suppliers in your area so you can see you are paying the best going rate or not. Perhaps, you will save enough for the vacation with the help of this app!
Fat Lama is a website/app which is available throughout the US and UK, which enables you to safely and conveniently rent out your underused gear to others nearby for a significant passive income. Lenders are making up to $4950/month simply by hiring out the things they have lying around your house – from camera gear to audio equipment. If you like the idea of Airbnb but don’t have a room or house to spare, start with your belongings. It could make a real difference!
Too Good To Go
Though we all try to be savvy spenders, one expense perpetually builds up for most of us: food bills. One way in which you can dramatically minimise your culinary outgoings is to download Too Good To Go! This platform connects cafes, restaurants, and other outlets with surplus food to users who want food for up to a 90% discount. Stores make portions of surplus food available via the app, after which TGTG users can then make a purchase, obtain a digital receipt, and redeem it at the store during the designated pick-up time. Customers get cheap food whilst also fighting food waste and businesses turn their surplus food into revenue!
Have you ever found yourself driving around an unknown city, desperately trying to spot a space, only to find its £8 for 3 hours? Well, Parkopedia is the app that’s designed to give drivers more control over city parking. It identifies the closest parking spot to your current destination, its cost and its availability – hopefully saving you time and money!