Everyone is saving for something important. It could be your next vacation, the latest toy for your hobby or just a rainy day fund. Whatever it is, it’s essential to be saving regularly.
Unfortunately, bills and everyday expenses can make saving seem impossible. Recognizing this struggle people face everyday, a California startup called Digit is making it easy for people to save for what matters to them without trying.
Here’s How To Save For What You Want Without Trying
If you’re like most people, the idea of tracking every dollar that enters and leaves your bank account sounds like a nightmare. But how can you save without knowing exactly where your money is going at every moment? Let someone else do the work for you.
That’s what makes Digit so exciting – it takes the guess work out of saving money so you can afford what you want faster. The app does this by analyzing your spending and income to automatically determine the perfect amount of money to save for you each day without you doing anything. The cash is moved from your bank account to a FDIC insured Digit savings account where it grows without the temptation of spending it.
It really works too – the average Digit user saved $2,500 a year and their money grows 16 times faster than with a traditional bank thanks to a generous 1% interest rate. When you need the money, just tell Digit and it’ll instantly transfer it back to your spending account.
The beauty of Digit though is you can effortlessly save for any upcoming expenses without doing anything. One of my friends has saved $477.25 in under two months – $276.85 in a rainy day fund, $78.84 for Christmas gifts and $121.56 for a trip back home. Taking three minutes to sign-up for Digit suddenly looks like a great idea.
How To Get Started
Ready to supercharge your savings? Here’s how to get started:
- First, sign-up for Digit here.
- Link your account and tell Digit what you’re saving for – anything from the new iPhone to paying off your credit card debt.
- Watch your money magically grow as Digit works silently in the background saving.
Honestly, this is a game changer if you’ve been struggling to save. It’s simple, safe and there’s a 30 day free trial to see if it’s for you. What’s not to like?
Head over to Digit to sign-up and start saving.