Best Apps to Help You Save Money for Travel

You had big plans for 2015. This was the year you were going to tuck away money and take that dream vacation to Iceland. But somehow the year has flown by, your bank account has dwindled, and your epic adventures didn’t pan out as hoped. If you feel unaccomplished, I’ve got advice for you: don’t sweat it. 

2016 is right at your doorstep. Which means it’s time to reinvigorate past resolutions and set new ones.


Whether you want to scuba dive in the lush Great Barrier Reef or trek the ancient ruins of Machu Picchu, your travel goals are all within reach. It’s just going to take some tight budgeting and dedication to get there.

Luckily, you won’t have to embark on this road alone. There are plenty of apps designed to help manage your funds and keep track of your spending.

From couponing to investing, I’ve rounded up the best personal finance apps to help you save money for travel.

Flipp

Photo Credit: Flipp
Couponing is a great way to save money, but let’s be honest, who has the time to sift through piles of flyers? That’s where Flipp comes in. Flipp collects ads in your area and creates a digital flyer so you can see the best sales in the palm of your hand.

If you’re too lazy to scroll through the digital flyer, simply search the item you’re looking for and the app will show which local retailer has it for the best price. The app also lets you generate a shopping list so you can stay organized. Get Flipp to analyze your grocery list and it’ll scour the web to find you the best deals.

Wally (Wally+ for Android)

Photo Credit: Apple App Store
Don’t have a clue where all your money goes? Wally is here to help you get serious about expense tracking. This app not only tracks how much you spend, it also tells you where you spend, at what time, with who, and more so you gain a better understanding about your finances.

To get started, manually input your purchases or use the Instascan feature to capture important details from your receipts. Once your expense is logged, Wally encourages you to add aspects. Aspects explain why you made your purchase. For example, you may put new shoes under the personal aspect and groceries under the family one. Wally then takes all your expenses and displays them in easy to understand graphs and charts. Analyze your data and see what areas you can improve in.

Level Money

Photo Credit: Google Play Store
How many times have you opened your credit card statement only to freak out at the massive bill? I’ve been there (more times than I can count) and I’m sure you have too. But with Level Money, your relationship with spending can change.

Level Money calls itself the mobile money metre. Connect your bank accounts to the app and it will automatically calculate your income and reoccurring bills. From there, it gives you recommendations on what your daily, weekly, and monthly spending should be. Not sure if you can afford to buy that little black dress?  Intuitive meters track your spending in real time so you can make the right decision fast by simply looking at your phone.

Level Money also makes saving a cinch. Say you want to put away $300 a month. The app will take the amount out from your monthly budget. If you have unspent cash left at the end of the month, Level Money will automatically send the excess to your savings account.

Acorns

Photo Credit: Apple App Store 
Investing is a fantastic way to make dough. The only thing is, I haven’t got a clue how to do it. In the same boat? Look into Acorns. Acorns simplifies the complicated process of investing by putting your spare change in low-cost exchange-traded funds.

Once linked to your financial accounts, the app automatically rounds up your purchases to the next dollar and invests the amount in a diversified portfolio of your choosing. For example, say you buy a chocolate bar for $1.15. Acorns will round up and invest $0.85 for you.

Mint

Photo Credit: Google Play Store
Mint is one of the most popular personal finance apps in the world. It compiles your credit cards, bank accounts, investments, and bills so you can access them all in one convenient place. This means you can easily track your spending and see where your money is going. Blowing almost $100 a month at Starbucks? Maybe it’s time to cut back on those pumpkin spice frappuccinos. You can also set alerts so you know exactly when you’ve reached your budget limit or ask Mint for custom saving tips.


I hope you’re inspired to take action and make your travel goals come true. All the apps listed are free to download and compatible with Android and iOS devices. Download a few, give them a whirl, and be sure to find one that works best for you.

What other apps have you used to help you save money for travel? Leave me a comment below and let me know.

Melissa Li

I’m a Canadian girl on a quest to step foot in every continent before I’m 30. You’ll most likely find me chowing down on Japanese ramen, partying at a music festival, hiking to the top of a scenic lookout, cuddling with cats, or chilling out at the beach. I’ve visited over 60 countries so far and hope to inspire you to do the same.

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