The dream: Savings accounts that fill up on their own, with no effort on your part. Qapital brings that dream to life by letting you automate your savings in totally personal ways.
A quick Qapital overview
Qapital is a savings app that sends small amounts of money to your account every so often to help bolster your savings. Unlike other savings apps, though, it doesn’t rely on an algorithm to determine how much to send.
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It relies on you, in possibly the coolest way ever.
Qapital connects with If This Then That (IFTTT), which is a service that can connect just about any two apps together to make your life easier. Want every photo you tag with #selfie on Instagram to be automatically texted to your BFF? IFTTT can handle that, and so much more. It is a serious productivity booster, and can automate so many different parts of your life.
Qapital is connected into the IFTTT universe, which means it will let you set up just about anything as a savings trigger. When that thing happens, Qapital will add your preset amount of money into your savings account.
Just in case you can’t yet see how cool that is, here are some of the best rules I found digging through the 200+ options that are already set up for you.
Set it up to treat yo’self
Other than pen and paper, Qapital can connect with pretty much anything you’re currently using to track your goals.
Want to reward yourself when you hit your step goal? Set up an automatic savings contribution by linking Qapital to your Fitbit, Jawbone Up or Misfit. Are you a Nike+ person? You can set it up so hitting your daily Nike Fuel goal triggers the same automatic contribution.
Maybe fitness isn’t your jam, but you’re all about that productivity life. Qapital can add more money to your savings account every time you check something off your to-do list in ToDoist.
And if all that sounds really strenuous? Don’t worry. You can even set it up to contribute to your savings when you get your recommended 8 hours of sleep, as logged by your fitness tracker. Now that’s a worthwhile goal if I’ve ever heard one. Sleep is the real MVP.
Take yourself out of the equation
If you’re saving to go see your favorite NFL team take on their bitter rivals, why not set up a savings trigger that sets aside a few bucks every time your team plays a game?
If your goal is to get away to a sunny location over spring break, why not save extra for it on days when the weather is especially cold, or the forecast calls for rain?
And if Coachella has been on your bucket list for far too long, you can even save money just by adding new tracks to a playlist on Spotify.
Qapital can hook you up with all those savings triggers and more. I guarantee you there’s a way you can use it for just about anything, and end up richer as a result.
Set it up to keep track of things
The power of Qapital – and of IFTTT – isn’t limited to just saving money. No, it can actually help you keep track of where your money is going, and stay on track with your goals by sharing them with friends. (It wouldn’t be a real app if it didn’t get you to try to share it on Facebook, anyways.)
Every time you set a goal in Qapital, you can post it automatically to Twitter, Facebook or even send it to someone via SMS. The theory behind sharing your goals is pretty good – if you’ve made a public commitment that you’re going to save up for something, it’s no fun having to admit that you didn’t do it.
You can also use the power of IFTTT to hook Qapital up to your Google Drive, and have it record things like how much you’ve been saving in a Google Sheet. Plus, it can handily connect with Google Calendar to set up paycheck reminders so you know exactly when money is hitting your account next.
Qapital is currently available for iOS and Android, so no excuses: you should definitely be using this app. (Windows Phones, I don’t know what to tell you).
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*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.
