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Warning: I lost $200 on a 'budgeting app' that was basically a spreadsheet
So I got this ad for a fancy budgeting app that promised to automate everything and find hidden savings. I paid for the yearly plan upfront, thinking it would be worth it. Turns out, it just imported my bank transactions into a basic spreadsheet template I could have made in Google Sheets for free. The 'smart insights' were just generic tips like 'spend less on coffee'. I used it for about three months before I gave up and canceled, but they wouldn't refund the rest of the year. Total waste of $200 that could have gone to my actual debt. Has anyone else fallen for a budgeting tool that was way less useful than it claimed?
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theajohnson5mo ago
Did you check the app's refund policy before you signed up?
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hannahcraig5mo ago
Wait, but who actually reads those things? They're always buried in tiny text at the bottom. Did you find something sketchy in the policy details?
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alicer535mo ago
Yeah the "smart insights" are always a red flag. I just use a free spreadsheet now and make my own categories, it takes five minutes. Those apps are never as clever as they pretend to be.
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