Top 5 Apps To Make You Money In 2020

Five free apps that can help make you richer in 2020 and keep your resolution

The new year brings new resolve to be better with our money  for millions of people across the country, the trouble is life frequently gets in the way.

In fact, research from the Open Up 2020 Challenge shared exclusively with Mirror Money shows 51% of Brits made new year’s resolutions to save more, while more than two in five (44%) want to spend less.

The good news is that this year there are more ways to make sure you follow through on those resolutions than ever before.

And a lot of it is thanks to a recent development that has allowed companies to tailor help and advice specifically to you.

Open banking is the system that lets apps you approve see what’s going on in your bank account, without putting your details or money at risk.


Nesta Challenges director Chris Gorst said: “Luckily for the 26.7 million committing to save more in 2020, there are a range of open banking-enabled apps and tools available to help them take charge of their finances.

“By providing these apps with secure access to your bank data through open banking, you can get personalized guidance to help you make more of your money and help you reach your goals.”

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Here are five, free, open banking apps to help you get your finances back on track in the new year:


  • Moneybox– an app that helps customers save and invest for their future by automatically setting money aside in a range of savings products through round ups or regular deposits
  • Moneyhub– a financial management platform, pulling together multiple accounts, offering people tips to improve financial wellness
  • Plum– an artificial intelligence assistant that boosts someone’s bank balance through automated savings, easy bill switching and investments
  • Tully– a digital debt adviser for those struggling financially – providing online budgeting, debt advice, flexible repayments and money coaching to alleviate financial stress
  • Updraft– an app that automates day-to-day decisions involved in managing money, designed to help users clear their overdraft, pay off credit cards and save more

 

 

Imran Gulamhuseinwala, trustee of the Open Banking Implementation Entity, said: “Since open banking regulation came into effect, we’ve seen a host of innovative products launch to help people improve their finances – whether that’s through better budgeting, automating savings, comparing products, or finding ways to clear debt.

“We are working with Nesta Challenges on the Open Up 2020 Challenge to encourage even more of these ideas and to help millions more people across the UK improve their relationship with money.

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“While some people are already using these products, in 2020 we want to see even more people take control of their data and, ultimately, their finances.”

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About the Author

Imaeruaka Joseph .N

Imaeruaka Joseph .N

I believe in sharing wisdom with others. Utilizing life to its maximum and blogging is a call for me . Who is Imaeruaka Joseph? Imaeruaka Joseph also known as Inbuilt-Wisdom JIN, is an indigen of Amesi town, in Aguata local government area, Anambra state. Skills? 1. Copy writer (specialty; sales copy) Currently works with Sky blazer ventures, Niger standard industry ltd, Azodo fish farm. 2. Content creator (short stories, articles, memes and poems) Currently works with Andora Novella, Tis foundation and Medium. 3. Author at Amazon (kindle direct publish) Imaeruaka Joseph up to date has six books published on Amazon. -Marriage forum -Wisdom from its inbuilt -The Compile -Did i have sex? - a memoir -Maintenance of some basic electrical components -The poem stream. Reach out to me via email, [email protected]

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