- Joined
- Dec 5, 2015
- Messages
- 188
- Points
- 148
Hi all,
Has anyone looked into using Apps or Bots for automated saving &/or investing?
I've used OnTrees before to get an overview of my accounts, but not used the budget feature yet.
In the last few months I've started using Oval which aims to 'help you monitor spending' and 'automate saving based on when you spend and your usual activity'. You can set different 'steps' (e.g. Everytime I post on Facebook save 50p) or simply ask it to round up your purchases.
I go for the latter and save about £15-20 a week without noticing.
As it's a free app I think it's worth a short, but it is just saving. There's no interest offered. As such once the app has done the painful part of putting money aside without me noticing, I'll usually withdraw it and bung it into a higher paying savings account.
There's a referral code (JE7LYGU) in my signature if anyone's keen on trying it?
(Edit: Apparently the referral gets you £5 free, if you have at least 6 successful direct debits within the first 3 months)
I'd also be keen to hear if any of you fine folk have dabbled with MoneyBox (although the fees seem a tad high to me) or similar?
IIFTM
Has anyone looked into using Apps or Bots for automated saving &/or investing?
I've used OnTrees before to get an overview of my accounts, but not used the budget feature yet.
In the last few months I've started using Oval which aims to 'help you monitor spending' and 'automate saving based on when you spend and your usual activity'. You can set different 'steps' (e.g. Everytime I post on Facebook save 50p) or simply ask it to round up your purchases.
I go for the latter and save about £15-20 a week without noticing.
As it's a free app I think it's worth a short, but it is just saving. There's no interest offered. As such once the app has done the painful part of putting money aside without me noticing, I'll usually withdraw it and bung it into a higher paying savings account.
There's a referral code (JE7LYGU) in my signature if anyone's keen on trying it?
(Edit: Apparently the referral gets you £5 free, if you have at least 6 successful direct debits within the first 3 months)
I'd also be keen to hear if any of you fine folk have dabbled with MoneyBox (although the fees seem a tad high to me) or similar?
IIFTM
Last edited: