I have been hearing about a lot of interesting money management tools lately and Spenz is one of the lastest to hit my radar.
TechCrunch recently wrote a review of Spenz and said:
“While Mint.com gives you access into where your money is going, it doesn’t incentivize or motivate you to stick to a budget. Enter Spenz, a startup launching at TechCrunch Disrupt today, is launching a proactive way for a younger generation to track where they spend all of their money and provides incentives and rewards for users to budget.”
How it works
Basically it is an app that allows you to enter your expenses on the fly, provides data about your spending patterns, makes suggestions on how to save money, and provides rewards for using the program.
And here is a quick video if you want to know more about how Spenz works…