It’s 2017, and I know a lot of people who made their New Year resolution to travel more. Unfortunately, many people later claim they can’t afford it (even though they spend $5 for coffee or other treats every day). For those that have a difficult time saving money or just don’t want to deal with it, there’s the Digit app. It’s been getting a lot of attention from major publications like The New York Times (as quoted below), Wired, Fast Company, Forbes…
Digit links to your bank account and then “analyzes your financial situation and spending habits, then pulls a few dollars from your checking account every so often and deposits them into a separate F.D.I.C.-insured savings account that Digit opens for you. You can tweak the app’s savings habits, chatting with it in a text thread and telling it to be more or less aggressive depending on how quickly you want to save. (Digit is confident in its algorithm and offers overdraft protection, as well.)” The reviews are mostly positive on both iTunes (4.5) and Google Play (4.4).
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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.