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When you serve your own interests, you deserve a tip! And doing so can help you save money consistently to reach your goals.
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You tip service professionals all the time – waiters, valet attendants, babysitters, your hairstylist. It’s a given that anyone that provides you with good service deserves a tip. Now, the Tip Yourself App is taking that same concept and giving you a money saving goal tracker that makes it easy to achieve your savings goals.
One of the biggest complaints about Tip Yourself (and most money saving apps) is the amount of time it takes to receive withdrawals to your bank account.
|Day of transfer||If the transfer is made before 5:00 PM (EST), your funds will be available…||If the transfer is made after 5:00 PM (EST), your funds will be available…|
|Saturday or Sunday||Tuesday||Tuesday|
If there is a bank holiday, such as a national holiday, add one extra business day for processing.
If you want more accounts or want special Tip Jars, there are more options if you upgrade to Tip Yourself Pro. The paid version of this money saving goal tracker costs $9.99 per year. Here’s what you get:
These days, there are plenty of apps that help you save money. Deciding if Tip Yourself is better or worse than the others depends on your saving habits.
Tip Yourself gets 4.5/5 stars on Google Play and 4.7/5 stars in the App Store from Apple. People love Tip Yourself basically creates a reward system, which is good for helping you achieve savings goals as well as life goals at the same time.
So, let’s say you have two goals for 2019 – save money and lose weight. Every time you exercise or avoid a high-calorie snack that would throw off your diet, you tip yourself. Now you’re hitting your goal to save money while encouraging good diet and exercise habits. It helps you create healthy habits and rewards you for keeping up with your goals.
The Tip Yourself Community also raves that Tip Yourself customer service is superior to other money saving apps. You get a live person when you contact customer service.
On the downsides, people complain that the transfers don’t always post the way you assume. You’ll see funds taken out of your bank account, but your Tip Jar balance doesn’t reflect the transfer. Some people also complained that transfers to their checking account took longer than expected. There were also a few complaints about overdrafts, including one complaint that said Tip Yourself took out the funds early and overdrafted their account before payday.
It’s worth noting that the customer service team for Tip Yourself is pretty prompt about responding to complaints on both the App Store and Google Play. So again, that’s a good sign of a proactive customer service team.
Here’s what one of our staff had to say about her Tip Yourself app experience…
“You know, when I first heard about the Tip Yourself app, I thought it sounded a little lame. Why put your money in a non-interest-earning account instead of just consistently transferring money to your savings? But once I started actually using it, I saw the benefit. Tipping yourself is addictive. I’m working on a few lifestyle changes and the reward system Tip Yourself provides is a great incentive. I’m staying motivated and making more progress on both saving money and running more because of this app.
I’ve also ended up liking having a separate savings account that’s different from my general savings account. I have a recurring monthly transfer set up between my checking and savings account to try and generate an emergency savings fund. I save every month as a result. But admittedly, I withdraw most of those funds every month for emergencies. I haven’t really gotten anywhere after a year of recurring transfers. So, having a separate account based on a reward system is really working for me. I still have the recurring savings transfer set up but using Tip Yourself, in addition, is helping me make progress. I’m looking forward to hitting my first emergency savings milestone soon.”
Article last modified on August 8, 2019. Published by Debt.com, LLC