5 Great (FREE) Money-Saving Apps for Seniors

GoodRX  –  Did you know more than 10% of older adults spend $5,000 annually on prescription drugs? Instead of clipping coupons to save at the pharmacy, you can use GoodRx, a popular prescription discount card service. To use this app, simply type in your prescribed medications to see how much they will cost at pharmacies near you. To receive your discount, simply take your phone and show your coupon to the pharmacist.

Personal Capital   –  While there are many tools that help track your finances, Personal Capital stands out when it comes to retirement planning. If financial planning seems daunting, check out this app for its straightforward visuals and projections. Use it to assess your current retirement situation and even play out other scenarios so you can decide whether you need to make changes to your long-term plans.

Mint  –  If you’re retired and living on a fixed income, careful budgeting is important. A financial app like Mint is a great way to accomplish this, allowing you to monitor your bills, bank accounts, credit cards and investments—all in one place. Depending on your spending habits and savings, it also helps you budget for monthly/weekly expenses, giving suggestions on what to cut back on.

Ibotta  –  Who doesn’t love a good discount? Older adults can especially benefit from using this free senior discount app, which lets you earn cash back on your purchases whether they are in-store or online. Retailers such as Target, Walmart, Best Buy, Bed Bath & Beyond, Walgreens, CVS, Lowe’s, Whole Foods, Kohl’s, Trader Joe’s, Petco, Costco and many others have partnered with Ibotta to pay customers cash back.

Fetch Rewards  –  Touted as the “best overall cash app,” Fetch Rewards allows you to earn rewards on regular shopping purchases, including grocery stores, convenience stores, big-box stores and restaurants. To earn reward points, upload a receipt within 14 days of shopping. You’ll be able to exchange your points for gift cards from popular retailers, redeem them for charity donations or use them to enter monthly sweepstakes. You can cash out with as little as 3,000 points ($3). Since it’s so simple to earn and redeem points, this is a favorite app for people who want an easy, no-planning-necessary cash-back rewards app