When you’re struggling to manage your finances, finding the right resources can be a game-changer. Whether it’s cutting unnecessary costs or learning how to budget more effectively, there are tools out there that can help you regain control of your financial situation. Here are four powerful resources that anyone can use to save money and stay financially viable.
Mint
Mint is one of the most popular free budgeting apps out there, and for good reason. It allows you to track all your spending, categorize expenses, and set personalized budgets—all in one place. By linking your bank accounts, credit cards, and bills, Mint gives you a clear picture of where your money is going and helps you avoid overspending. It’s a great resource for anyone who feels overwhelmed by their financial situation and needs a tool to keep them on track.
National Foundation for Credit Counseling (NFCC)
If you’re buried in debt or struggling to manage payments, the NFCC is an excellent resource to help you get back on your feet. As a nonprofit organization, they offer free or low-cost credit counseling services, helping you develop a personalized action plan to tackle debt, improve credit, and avoid future financial pitfalls. Their trained counselors provide expert advice that can be a lifeline when you’re feeling lost financially.
Coupon Apps (Rakuten, Honey, Ibotta)
Saving money on everyday purchases can make a big difference, especially when you’re on a tight budget. Coupon and cashback apps like Rakuten, Honey, and Ibotta help you find deals and discounts on everything from groceries to online shopping. These apps offer instant savings by applying coupon codes, tracking price drops, and giving cashback on purchases. Using them regularly can save you hundreds of dollars each year.
YNAB (You Need A Budget)
YNAB is more than just a budgeting app—it’s a comprehensive money management system designed to help you live within your means and break the cycle of paycheck-to-paycheck living. YNAB encourages proactive budgeting, giving every dollar a job and prioritizing your expenses. It’s a powerful tool for anyone struggling to make their income stretch, and though there’s a small monthly fee, many users find that it pays for itself by helping them save more money in the long run.