Q: The new year always brings thoughts of resolutions, but those tend to fall apart as the year unfolds. How can smartphones help keep resolutions, especially financial ones?
A: Only 27 percent of Americans said they would make a financial resolution for the year ahead — an all-time low and down from 43 percent in 2014, according to 2017 data from Fidelity. A device most people carry in their pocket or purse can turn financial shortcomings into success. Apple and Android smartphones offer a variety of apps and tips to help shrink spending and surge your savings in 2019. A recent U.S. Cellular survey found that 58 percent of smartphone owners already use their device to manage finances. Smartphones allow us to do everything from managing our bank accounts to paying for groceries and bills. It has never been easier to manage and save your money with a smartphone.
Q: What apps do you suggest using when it comes to managing finances?
A: There are so many apps that help users shrink their spending and save money, but four popular ones we suggest are Chime, Clarity Money, Digit and Stash. Chime is where individuals can stay in control of their money by tracking spending and linking bank accounts. Clarity Money is a do-it-all app that allows consumers to save money, plan their budget, track spending, keep an eye on their credit score and manage linked accounts. With Digit, people can save their ideal amount of money daily based on their income and spending. If you need help with finance or investments, Stash is a good app that helps individuals save money and invest in select individual stocks and curated funds.
Q: How can Oklahomans earn a little extra money by using a smartphone?
A: Many Americans are finding ways to make money using a smartphone in their free time. U.S. Cellular is always looking for creative ways customers can make the most of their smartphones, and the emerging gig economy offers many opportunities. Whether people want to rent a spare room, sell a product or find odd jobs to fill their free time, smart devices can be used to easily create an additional source of income. Lyft and Uber are essential for those who are looking for transportation, and drivers can sign up through the app and choose the hours they want to work. Craigslist, eBay or Etsy let anyone sell products online, from one-of-a-kind artwork to used furniture. Airbnb connects people with rooms for rent to travelers looking for a place to stay. Use Airbnb to offer an entire home or spare room to make extra cash. Fiverr is an online marketplace for freelance services connecting people looking for projects to people with a job that needs to be done. Overall, it has never been easier to manage, save and earn money with a smartphone.
PAULA BURKES, BUSINESS WRITER