Quber Launches To Help You Take Control Of Your Money
On March 17, 2018 a Canadian company launched an app, Quber, that’s designed to help you take control of your money. Best of all, it’s free!
Jen Ledger, a co-founder, went on CBC’s Information Morning Moncton and said, “A lot of people are living paycheck to paycheck. It’s quite a big problem in Canada and globally. So we wanted to see how we could solve that problem.”
So, how did they solve it?
Bank Account Integration
Well, Quber integrates with your bank account. So, you’ll need online banking to make the best use of it. The good news is that it has been extensively tested for integration purposes and it is secure. You don’t share your data with anyone else.
Tracking Your Spending Habits
Then Quber keeps a track of how you spend your money. For example, if you like to visit coffee shops, Quber will note what you spend, by card, in coffee shops each week. Then it will present you with a running total of how much you’ve spent on a particular item.
The idea is that you’ll start to appreciate that while $5 for a coffee isn’t very much if you buy one a day every day while you’re at work – it’s a $100-$120 a month habit.
When you see this, it might help you choose a cheaper alternative. Sure, instant isn’t quite as good but if you bought a jar of premium instant for $20 and made coffee at work all month. You’d have $100 you could save or put to work for you.
The more insight you have into your spending habits, the better. You can download Quber for free from the company’s website on both Android and Apple devices.