GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.
These platforms offer convenience and functionality that can significantly aid infinancial planningand wealth growth.
Experts note that overall, theyre an incredibly useful financial planning tool.
These apps make it easy to instantly transfer funds between friends, pay bills and split costs.
And this convenience encourages better spending and saving habits.
According to Klesinger, this automation helps ensure bills are paid on time and prevents overspending.
Over time, those small amounts can add up to hundreds or thousands of dollars.
For example, Cash App allows users to buy stocks and Bitcoin, while PayPal has integrated cryptocurrency trading.
Over a year, this consistent saving habit could result in a significant emergency fund.
These strategies collectively enhance financial security and promote wealth growth.
More From GOBankingRates
Share This Article:
The Latest inMoney
