A smartphone isn’t the cheapest way to make a phone call. But they aren’t cheap for a reason —they can do much more than make and receive phone calls.
If you use your smartphone to its fullest capabilities, you might find that you make up the cost with the amount of money you save. This additional savings can have a positive snowball affect if used to improve your financial profile, which can improve your credit score, which can help you get lower interest rates on everything from credit cards to home loans. Now that's what I call a "smart" phone.
With that said here are 5 ways your smartphone can help you save money:
Avoid overdraft fees
By checking your bank balances on your phone through your bank’s website or an app like PageOnce, you can be sure that your next purchase won’t result in overdraft fees while you’re in the checkout lane.
Never pay another late fee
Similar to checking bank balances, your smartphone can alert you when you have a bill coming up through mobile finance apps or bill-specific apps like BillMinder, saving you from paying late fees on utilities, credit cards, and other bills.
Coupons on the go
Clipping coupons is a tiresome chore of the past. Register your cell phone with Mobideals to get a listing of deals geo-targeted to your current location. You’ll find discounts on everything from auto services to beauty salons.
Price comparisons in the palm of your hand
Gone are the days you have to wonder if a store sale is really offering the best price on an item. Stores that have a price-matching policy will match the price you find on your phone at the register.
Organized grocery shopping
You won’t need to bother with remembering your grocery list with an app like Grocery Gadget. I can help you save both time and money with features like coupons, price comparisons, and bar code scanning.
