Have you ever looked at your bank balance, seen a big number and given yourself permission to get those Yeezys – only to seriously regret it when you had no money left to cover your phone bill a week later?
You need Level Money – and to be honest, so do I.
Got better things to do?
Not knowing how much you can safely spend happens to the best of us, because it’s not always easy to keep track of every single payment that’s coming up this month. You’ve got other things on your mind, like finding great reaction GIFs, that term paper you need to finish by Thursday, and that email from your long-distance BFF to which you still need to reply.
Luckily, you can outsource figuring out how much money is safe to spend, which is way more respectable than outsourcing your term paper or that email to your friend.
Level Money to the rescue
Remember when you used to carry around cash, and pay for things that way?
No, me neither.
But I’ve heard rumors that it was uber-easy to figure out how much you had left to spend, because you could look into your wallet, see how much paper money was in there, and that was that.
Level Money built that experience, but for the way we actually pay for things these days – cards and phones. Whether you’re swiping plastic or scanning your phone, Level Money connects to the types of money you actually use, and keeps track of them for you.
Let’s get this (money) party started
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To get set up with Level Money, all you have to do is connect it to the places you keep and spend your money. It plugs in directly with your bank and your credit cards, and it uses ultra-safe bank level security to do it (no Mr. Robot hacks here, friends).
Once you’ve got everything set up, you can add in your goals, regular paychecks, bill payments and more, to help the app learn what a regular month looks like for you. It’s smart and all, but it’s no mind reader.
Figure out your spendable cash
Here’s the real money magic: Level Money takes everything you’ve told them about your finances, and does all the hard work for you. It boils your monthly money down to a “Spendable” number, which is the amount you can safely spend and still pay all your bills this month (and, you know, eat. Just the important stuff).
So when you need new kicks, you can figure out whether you’re heading to Nordstrom or the outlets with a single look – no math required.
See exactly where your money went
Remember that Uber ride on Saturday night? Well, even if you don’t, Level Money will for you. It gives you easy-to-handle snapshots of your spending, and groups your purchases into categories.
And sure, it might deliver the odd wakeup call about how much you actually spent on ridesharing apps last month, but at least now you know.
So how much will this cost me?
Unlike a real human financial advisor, who would probably expect to be paid for doling out such great, frequent advice about your money, Level Money is free to use. No need to use any of your spendable cash to get access to the real-time advice and information they dish out.
And also, how many of us would actually call our financial advisor every time we needed to make sure we could afford a latte?
Exactly.
You’re much better off with an app that will be there for you when you need it – and keep you on track with basically no effort on your part.
Header image: Shutterstock
*This piece is meant only to expand awareness of available financial tools and products and should not be considered an official endorsement of the product or its outcomes by GenFKD.
