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How I saved $1000 doing nothing
First year review of the Digit app
A part of ensuring your financial success is through automation — bill paying, saving, and investing. At least that’s what Money Twitter says.
For years I’ve manually saved and invested my own money into savings and brokerage accounts. The thought to automate them like some of my bills never occurred to me.
Last year I accepted the ‘Digit money challenge’ on Twitter. For those willing to participate, the rules were as follows: on January 1 download the app (if you haven’t already), connect to a bank account, don’t check the account again till the end of year.
Saving money has always come natural to me. I got 99 problems but saving money isn’t one. Having never tried an automated savings app before, I was curious to know if the app would save me more money than were I to continue saving on my own.
The app won.
It only took nine months to have saved me over $1000.
Check it out below:
From January 1 to September 6 the Digit app saved me $1034.06. Much more than I would’ve saved on my own.
