Struggling to save? We’ve all been there! If you’re anything like us, you’ve already fallen prey to spending all your money online and we know how often it lands us in trouble. Well, someone heard us while we were talking and they sent along this fabulous app called Jar that helps you save the fun way! Curious? All you have to do is spend. We’re not even kidding! Jar uses SMS to detect each spend of yours and rounds it up to the nearest 10. So if you just purchased a not-so-fancy top off Myntra for 495 bucks, Jar will round it up to 500 and invest the differential amount (500 - 495) on your behalf! Yes, it’s smarter than you are.
Wait. Where does all that money go? Well you’ve just invested the differential monies into 99.9% pure gold, fully secured in world-class vaults and insured by the top Indian banks! Yes, the app auto-deducts the remainder of 5 bucks from your bank account via UPI auto-pay. Awesome, isn’t it? Well, there’s more! For every deduction, a game will be activated and if you win, you stand a chance to double up your savings! How we wish saving was always that fun. Sigh.
You don’t even need to put yourself through the drudgery of KYC to start saving on the app. All you need is a smartphone, a good internet connection, a SEBI recognised bank account and the willingness to spend (and save!). You can sell your gold anytime you wish, and the money goes right into your bank account. There’s no minimum lock-in period, no locker fees and no hidden costs. Saving (and spending!) was never so fun! Are you still waiting?
