Hey mama! Are you looking for valuable tools and resources to help you make money, save money and manage your finances? If you said yes, then I’ve got you covered!
This page includes the full rundown of my favorite money tools for improving your financial life. You can give one or all of them a try to see what works best for you and your family!
Note: This page does include affiliate links. That means I may earn a small commission if you click and make a purchase.
Best Tools for Saving Money
Acorns is a money-saving app that lets you invest with your spare change. Here’s how it works: you link your bank account to the app. When you make a purchase, Acorns rounds up the transaction and invests the difference in an investment account.
It’s a simplified way to invest with small amounts of money. This tool is great for younger families who are new to investing but you can also use it to build up extra cash even if you’re already saving for retirement or investing elsewhere. And pricing starts as low as $1 per month!
Digit is another super helpful money-saving app. This one works a little differently than Acorns.
You link your bank account to the app and spend money like you normally would. Digit then reviews your transactions to see where it can find extra money for you to save. Once it pinpoints a safe amount, the app transfers that money automatically to a linked savings account.
I like this app because it takes all the hard work out of saving. All you have to do is sign up, link your account and spend or pay bills like usual.
I hate buying something only to see it on sale a few days later at a lower price. Luckily, I’ve got Paribus to help me save money and get the best deal every time.
Paribus is a free app that tracks your online purchases and scans pricing to find the lowest price. If it finds the item you bought for less money elsewhere online, the app requests a price adjustment on your behalf. You get the difference between what you paid and the lower price credited back to you.
It’s an insanely easy way to save money on online shopping.
I love to save money, it’s one of my favorite things ever. And it’s even better when I can get a great rate on my savings account.
CIT Bank is an online bank that pays one of the most competitive rates on savings around. It’s Savings Builder account offers an APY that’s over 2%, which is hard to find right now with interest rates dropping across the board.
All you need to start saving with CIT Bank is $100. To learn more about the bank and its savings products, check out my in-depth review of CIT.
Trim Financial Manager
Trim isn’t an app exactly. Instead, it’s a financial manager that helps you trim down your household expenses.
You can use Trim to cancel unwanted subscriptions, negotiate high bank fees, track your spending–it’s a really useful tool for managing the family budget.
In a nutshell, Trim makes it easy to find and cut unnecessary expenses and turn that money into savings instead.
It’s a good thing the nearest target to me is an hour away, else I’d be in there on a daily basis.
But, I can still shop Target online and I always charge whatever I buy to my Target REDcard. (I’ve legit had this card longer than any other credit card in my wallet.)
I get 5% back, plus free shipping. And between the Cartwheel app and the new Target Circle program, there are even more ways to save.
Honey is a free browser extension you can use to save money when you shop online. When you shop participating stores, Honey scans its database to find promo and coupon codes to apply to your purchase. If it finds valid codes, you save money instantly.
Another cool feature: Honey always looks for the lowest price when you shop at Amazon. As someone who spends a couple of thousand dollars per year on Amazon, getting the best price helps me save big.
Groupon deals are great for saving money on everything from groceries to health and beauty products to family fun.
I like Groupon because it’s so versatile–you can find deals on just about anything. And you can save a ton of money.
For example, I once used it to take my kids to a popular tourist attraction in the next town over. Normally, it would have cost a couple of hundred dollars for us to go but with a Groupon deal, I paid less than $50. As a single mom, I use it all the time to hang on to more of my cash and it’s a great family money-saver.
Best Tools for Making Money
I just love that commercial where they try to get people on the street to pronounce “Rakuten” correctly. It’s so silly and fun.
But more than that, I love being able to earn a ton of cash back on shopping.
With Rakuten (which used to be Ebates, by the way), you can earn up to 40% cash back at thousands of stores. You can also get cash back deals on travel, which is great if you’re planning a family vacation.
You can earn cash back in-store or online when you download the Rakuten browser extension, so you never miss a chance to make some extra money.
Ibotta makes earning cash back on purchases a breeze. There are three ways to get cash back:
- Link your loyalty program cards from your favorite stores
- Get rewarded when you make purchases through the app
- Snap a photo of your receipt and upload it to the app
Ibotta supports receipt sharing from 275 stores, including Food Lion and Walmart, which is where we do most of our shopping. (We live in a teeny tiny town.) But that still helps me stretch my dollars further and every penny counts.
Swagbucks lets you earn cash back and gift cards for things you already do online. For example, you can get cash rewards or gift cards for watching videos, taking surveys or searching for stuff on the web.
You can also find coupons to popular stores here, which is great for trimming a few extra bucks off when you spend.
And you can redeem the gift cards you earned for things like holiday spending or birthdays, which is great if you have multiple kids you’re buying gifts for.
- Walking into stores
- Scanning bar codes
- Making a purchase with a credit or debit card you linked to the app
- Scanning your receipts into the app
- Watching videos
- Shopping at partner merchants online
You can then redeem those kicks for gift cards to all your favorite stores.
Survey Junkie lets you earn cash or gift cards when you fill out surveys online.
It works like this: you take surveys and earn points. You then convert those points to cash or gift cards.
It’s great if you’re looking for an uncomplicated way to supplement your family’s income.
Healthy Wage is a pretty genius idea if you ask me.
You sign up for an account for free, then set a wager on how much weight you want to lose. (You can also join a group weight loss challenge.)
If you meet your weight loss goal, you earn money. So basically, you’re getting paid to get healthy.
How cool is that?
Best Tools for Managing Money
I’ve used Mint to manage my money for years and it remains one of the best free budgeting apps around.
You can use Mint to track your spending, create and manage your monthly budget, set financial goals, create a plan to payoff debt–it’s an all-in-one-money tool.
The best part is that it’s totally free to use Mint, which is great if you’re trying to manage family finances without spending a lot of money.
If you have multiple savings or investment accounts like I do, managing them all can be a pain. Personal Capital makes it easier by letting you view and manage all your money in one place.
It’s free to sign up and you can get access to your own customized financial dashboard. You can use the app to do everything from managing your budget to analyzing your retirement accounts to calculating your net worth.
Personal Capital also offers personalized wealth management services if you need it, for a fee.
If you or your spouse has a 401(k) at work, you could use Blooom.
This money tool reviews your 401(k) plan to find hidden fees, evaluates your asset allocation and helps you decide what moves to make next when planning for retirement.
It’s free to get started–you can get an initial analysis of your 401(k) without spending a dime. From there, you can decide if you want to continue using Blooom to manage your account.
I use Credit Sesame to monitor my credit month to month. It’s free to sign up–you don’t need a credit card to register. You can get your credit report and score updated monthly.
Credit Sesame also gives you recommendations on ways to improve your credit, as well as suggestions for credit cards and loans. It’s hands-down one of my favorite tools for saving money and improving my family’s financial situation.
If you haven’t gotten started with college saving yet, CollegeBacker can help. It takes five minutes to open a 529 college savings account for your kids and you only need $25 to do it.
CollegeBacker doesn’t charge any commission fees for their services, which is great. And when you sign up and open an account with $25, they’ll give you a $55 credit toward your child’s college savings!
The Earnin app is a simple way to borrow money that you’ve already earned.
You can access up to $100 a day from your next paycheck, with no interest or fees. When you get paid, Earnin deducts the amount you got advanced to you.
The app is targeted toward younger spenders who live paycheck to paycheck but it’s also good for families who need quick cash every now and then. I don’t recommend depending on it to always help meet the bills or cover unexpected expenses, though. For that, you’re better off growing your emergency savings.
Got a Favorite Money Tool You Can’t Live Without?
Is there a money resource you absolutely love? Drop me a line at Rebecca@Bosssinglemama.com and tell me about it! And remember to share this list of money resources with another mom who could use it!