This App Helps People Save $2,500 a Year With Basically No Effort

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by Zenia Simpson Updated on July 30, 2020
A person holding a phone in one hand and a jar filled with coins in the other
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You’ve been trying to save for a much-needed vacation when “things happen” and that money ends up paying for something you didn’t plan for. Like car repairs or an emergency bill.

Surprise, surprise.

If that’s happened to you, you’re not alone. There are just a lot of “oh 💩!” moments in life that we’ve all got to deal with.

Good thing there’s an app that can help make your roller-coaster financial moments more bearable.

This app has helped people save $2,500 a year with basically no effort. 

No joke.

It’s called Digit, and it’s a personal finance app that helps save small bits of money over time.

Every day, the Digit app will analyze your spending, income and upcoming bills to move the right amount of money from your checking into your Digit savings when you can afford to.

You simply connect a bank account and Digit does the rest.

Skeptical? There’s no reason to be. Digit is FDIC-insured up to $250,000 and has 256-bit encryption – the same security level as the military so your money is safe.

So how much does it save each day? 

It depends on how much you can afford to save, and Digit constantly accounts for that. For me, I noticed one day it would move 75 cents and then another day it would save $15. I never noticed these amounts though because they’re not large sums but over time, it grows quickly!

Some days, it won’t save anything and that’s part of their no-overdraft guarantee so members don’t have to worry about Digit accidentally moving too much.

Is Digit Legitimate?

You can cancel at any time plus pause the savings whenever you need to. Knowing this, I was comfortable with trying it out.

After almost a year, I’ve saved $2,500 with Digit when before, I’d just leave the money in my checking account, which makes it easy to spend it.

I already have enough for a trip to Italy which I’ll be going on soon! Other Digit members have also gone on their trips:

How You Can Save With the Digit App Too

If you want to get started on saving too, just head on over to Digit’s easy sign-up page.

Note that your first 30 days of the service is completely free, but after that, it’ll just be $5 a month.

That monthly cost is more than reasonable since people can save so much more overall with basically no effort.

Also, for every 3 months that you save with Digit, you can earn a 1% cash-back bonus on the balance in your account.

1. Sign up with basic information & verify your identity with a code that Digit texts you

2. Connect your checking account (Digit doesn’t store this info)

3. It’ll take a few days for Digit to analyze your cash-flow patterns but in the meantime, you could set some savings goals if you want to.

Any time you want to, you can pause savings for up to 30 days.

You can also switch out your checking account if you want to.

Send commands to Digit via texting and you can easily Transfer/Withdraw and check your balance. It’ll also update you on how much money it moves based on your unique cash-flow patterns.

If you think Digit could be right for you too, just pop over here and sign up easily.

If you like Digit, check out these other apps that help automate your savings.