15 Best Money Saving Apps For Students

Saving money as a student is among the toughest things that we do. To help with that, many money saving apps are available on the market. So, to make it easier for students, we have made a list of the 15 best money-saving apps for students, which can help them understand everything there is about money-saving and spending. Let’s begin, shall we?

15 Best Money Saving Apps

Saving money is one of the most important parts of living overseas. Not only is it essential for financial stability, but it also teaches students some very important financial skills. For that reason, we have curated a list of 15 best money savings apps for students which are simple to use and can help manage finances better. And, while you learn about how to save money with the various savings app for students, you can also learn how to make money with the 20 Best Earning Apps For Students In 2024! Let’s have a look at the 15 savings app for students, what they’re best for, and how they work. 

1. Mint

Best For: Financial newcomers looking to manage their overall finances, budgeting, and tracking expense
Subscription Fee: Free 
Available On: Android and iOS

Mint is a free personal finance app that allows you to manage your money in one place. It connects to all of your bank accounts, credit cards, and investment accounts to provide a complete picture of your financial situation. With Mint, you can track your spending, create budgets, and set financial goals. You can also receive personalised advice on how to save money, reduce debt, and improve your credit score. Overall, Mint can be a helpful tool for anyone looking to take control of their finances, making it one of the best money saving apps for students. Overall, Mint can be a helpful tool for anyone looking to take control of their finances, making it one of the best money-saving apps for students to manage their student bank accounts.

2. Splitwise

Best For: Groups of friends, roommates, or colleagues who need to split expenses and track IOUs
Subscription Fee: Free
Available On: Android and iOS

Splitwise is a money saving app that helps you split expenses with friends, roommates, and family. It allows you to track shared expenses, such as rent, groceries, and utility bills, and ensures that everyone pays their fair share. You can also use Splitwise to create and manage group events, such as vacations and group dinners, and easily settle up with friends at the end. This can be a helpful tool for anyone who wants to keep track of shared expenses and ensure everyone contributes their fair share, which makes it one of the best money saving apps for students out there!

3. Hopper

Best For: Travellers seeking the best deals on flights and hotels, as well as predicting optimal booking times
Subscription Fee: Free
Available On: Android and iOS

College life often involves living in a different city or maybe a foreign country entirely. As a result, the costs of reserving flights back home are too expensive. Hopper allows you to plan properly and save a lot of money. The nicest aspect about using this app to save money is that it not only tells you the cheapest available flight but also anticipates the pricing. You can also rely on Hopper to advise you on the optimum time to purchase your tickets, making it a great money saving app. For more information on how to save money on travel, you can read about the Best Travel Money Cards in 2024, which can help you navigate through the maze of international travel. 

4. Epicurious

Best For: Home cooks and food enthusiasts who want access to a vast collection of recipes and cooking tips
Subscription Fee: $4.99/ month
Available On: iOS

The habit of eating out on a daily basis is a major drain on your savings. But what if you could prepare different recipes at home every day? Epicurious saves you from having to order food from a restaurant every time you become hungry. What's more, it can assist you in planning your recipes. The app contains over 35,000 recipes for you to search from, and the greatest thing is that you can filter them depending on the ingredients in your kitchen, the difficulty level of the recipe, and other aspects.

5. Crownit

Best For: Primarily for Indian users interested in cashback offers, vouchers, and rewards for various purchases
Subscription Fee: Free
Available On: Android

Crownit is a blessing from the lord for individuals who enjoy eating out. It's high time you downloaded the app if you haven't already. Using this app is simple: search for the restaurant on the app anytime you go out to dine. After you've paid the bill, take a picture of it and upload it to the app. Once your bill has been approved, you can receive up to 50% cash back on the amount of your bill. Save those points for later use when you go shopping. 

6. Money Lover

Best For: Individuals and families aiming to manage personal finances, track expenses, and set budgets
Subscription Fee: $2.49/ month and $19.99/ year
Available On: Android and iOS

Saving money involves not just reducing your spending but also managing them. Money Lover is an app that helps you keep track of your spending.  With this software, you can simply manage all of your finances. They categorise your spending to make it easy for you to determine which activities use what percentage of your earnings and minimise them as needed. It's all fine to save money everywhere in life, but the one place not to is your health! Since we are talking about apps and health, here are a few healthcare apps that will surely come in clutch when you need them! 

7. Foursquare

Best For: Users who want to discover new places to eat, drink, shop, and explore nearby locations
Subscription Fee: Free
Available On: Android, iOS, and Windows

Foursquare is an app that may not immediately come to mind as the one you'd use to save money. However, if you eat out regularly, it can save you a lot of money. Foursquare turns visiting bars, restaurants, and other venues into a check-in game in which users compete against friends to win points for their check-ins. Save money with this app by looking for special deal icons adjacent to specific places. And if you check into a location more than any other Foursquare user, you'll be awarded the title of 'Mayor,' which inevitably leads to freebies and discounts, making it a great money saving app for students.

8. Honey

Best For: Beneficial for online shoppers seeking automatic coupon searches and price tracking for potential savings
Subscription Fee: Free
Available On: Android and iOS

How can we forget the one app we have seen on almost every YouTube video at one point? Honey. We are pretty sure everyone knows what this app does by this point. If you have been living under a rock and need to know what Honey is? Here is a quick rundown of it in the typical YouTube fashion. “Honey is a free browser extension that searches for the lowest prices on more than 300,000 websites, including Sephora, J.Crew, and Amazon. You may use available coupons and promo codes by clicking on the Honey button in the top right corner of the browser.” That should sum up how useful Honey is and how simple it is! Speaking of simplifying college life, check out our blog on Money Management Tips for College Students for additional insights into managing your finances effectively during your academic journey.

9. Trim

Best For: Individuals looking to save money on monthly bills and subscriptions through negotiation and analysis
Subscription Fee: Free (services, such as negotiating bills, saving, and paying down debt, cost between $2 and $10/ month)
Available On: Android and iOS

Trim is a cool money saving app that helps users save money by identifying and cancelling unnecessary subscriptions, negotiating better rates on bills, and finding lower prices on everyday purchases. The app is designed to be a one-stop shop for all of your personal finance needs, and it offers a variety of tools to help you manage your money more effectively. In addition to these features, Trim also offers tools to help you track your spending and set budgeting goals. You can use the app to set spending limits for different categories of expenses and get notifications when you're approaching your limits. Trim also provides personalised recommendations on saving money and making better financial decisions.

10. Acorns

Best For: Individuals interested in micro-investing and saving spare change from everyday purchases
Subscription Fee: $3 and $5/ month 
Available On: Android and iO

Acorns is a personal finance app that helps users save and invest their spare change. The app works by rounding up the purchase price of each transaction made with a linked debit or credit card to the nearest dollar and investing the difference in a diversified portfolio of exchange-traded funds (ETFs). Once you have linked your cards to the app, Acorns will automatically round up the purchase price to the nearest dollar and invest the difference in a portfolio of ETFs. You can choose from a variety of portfolios, ranging from conservative to aggressive, depending on your risk tolerance and investment goals, making it a great money saving app.

11. Starling

Best For: Know your spending and learn budgeting
Subscription Fee:  Free
thatAvailable On: Android and iOS

Starling is one of the best money saving apps for students who wish to learn more about budgeting and managing their finances. It is an app-based bank that has completely revolutionised the way of digital banking. The way Starling works is that for instance, if you wish to limit yourself to a certain amount, your Starling card will let you track your spending via the app. It will also organise your expenditures based on categories, making it easier for students. 

12. CheckoutSmart

Best For: Getting cashback
Subscription Fee: Free
Available On: Android and iOS

Checkoutsmart is one of the best money saving apps for students looking for cashback. This particular app to save money works by providing shoppers with a daily list of items they're offering cashback on, with different symbols indicating which major supermarkets the deal will be available at. You'll then get cashback credit added straight to your account which is transferable to your bank account or PayPal. However, keep in mind that if you withdraw less than £20 from your account, you'll be charged a 5% fee. For more tips on saving money as a student, our blog on Saving Money on Student Accommodation - Insider Tips from Amber also offers valuable insights that complement your smart shopping habits. 

13. Guac

Best For: Saving while you spend
Subscription Fee:  $0; Pro version: $1.99/month
Available On: Android and iOS

Guac is one of the best money savings app for students. This app to save money allows students to define what they’re saving for, how much they want to save, and when they want to reach their goals. This app automatically transfers a certain percentage of the daily spending into the Guac funds, so that students can save while they spend. Once students reach their goal, they can use the Guac Marketplace to make purchases and earn cash back. 

14. Chip

Best For: Save money without trying
Subscription Fee: Free
Available On: Android and iOS

Chip is an excellent addition to our list of the best money saving apps in 2024. This is the best app to save money as it allows students to put aside money in case they need it later. This app comes with automatic save bots, which reduces the amount of time students need to think about saving money. This money saving app for students monitors the expenditure once it’s given access to the bank account and also tracks incomings and outcomings. It will also tell you how much you can consider saving every week. 

15. Qapital

Best For: Goal setting
Subscription Fee: $3, $6, or $12/month
Available On: Android and iOS

Qapital is our last and most important addition to the list of the best money saving apps for students. This app to save money lets students set personalised savings goals and also makes rules to trigger automatic saving. For example, students could make a rule to save spare change every time they swipe their card. In addition, this app to save money also lets couples create shared savings goals! 

We now have a list of some of the best money saving apps for students. And, as an added bonus, we also have some information on the 52 Week Money Challenge: Details And Tips, which is something else you can try to save money as a student! So, if you’re all set on how to save money, get started now!