Want a great way to boost your savings? Check out Dobot! A few years ago, I was using Dobot and Digit, two apps that skim small sums from your checking account and put them into savings. They were fantastic and free, but then they started charging.
If you’re not great at saving, maybe because you’re lazy or forgetful, these small costs might be worth it. But I didn’t find it worthwhile.
Flash forward to now, and I’ve discovered that Dobot is free again, thanks to a bank buying it! It’s great, especially for people with an unpredictable income. In my webinars about financial literacy, I’ve also learned that some banks offer similar tools for free.
I used to use Digit and Dobot to help build my emergency fund. Now, I’m using Dobot to save for vacations, as my income is quite variable – anywhere between $0 to $2000 a week.
One good thing about Dobot is it never leaves my account in the negative. I can set a minimum account balance, and if my checking account drops below $155, Dobot takes a break until the balance is higher.
Since redownloading Dobot a month ago, I’ve managed to put away $103 towards my travel goals with minimal effort. Plus, it lets me add a fun image from past vacations, reminding me why I’m saving! Hopefully, it’ll keep being a simple way to save for new experiences.
Need an alternative to Digit? Try Dobot! It’s really helped me, it might just do the same for you.