Youre probably familiar with keep the change programs.

Savings appQapitalis based on this idea, but it takes automation to a whole new level.

Qapital workswithIFTTT to make it even more awesome.

Wevebriefly mentioned it before.

The app is free,available online, and also available oniOSandAndroid.

According totheir security policy, they use the strongest 128-bit encryption possible, which meets or exceeds bank standards.

Theyre also FDIC-insured for up to $250,000.

So, yes, its an actual savings account.

Those actions then trigger Qapital to make deposits into your Qapital savings account.

When you set up a rule, youll assign that rule a goal.

For example, lets say youre trying to save for your vacation.

you’re able to share goals with other Qapital users, too.

The goals dont have to be long-term savings, though.

For example, I set a goal for restaurant spending, because its a problem area for me.

This way, I encourage myself to grocery shop and simultaneously budget for dining out.

In a way, Im using my bad habit to motivate a better one.

Of course, you could do the same thing with your regular checking and savings account.

The app comes with some built-in suggestions for rules.

For example, theres the old keep the change standby.

The real fun of the app comes in with its more complex actions.

Get Impulsive Spending Under Control

Qapitals Guilty Pleasure Rule is one of my favorites.

Its basically theSplurge to Save rule, only its automatic.

You assign it to automatically save a certain amount whenever you spend at a specific store.

Its an awesome rule if youre trying to get impulsive spending under control.

Youre not limited to the financial actions based on your bank and credit card accounts, though.

With the help of IFTTT, you could also uselocation-based triggerswith Qapital.

For example,this recipeuses your Foursquare account to deposit into Qapital every time you check into a location.

Alternatively, you could create your own IFTTT location recipeusing your iOSorAndroid location.

Your employer does that for you.

Freelancers dont have this convenience, though; we have tosend in our tax payments every quarter.

If yourenot great at saving, that can be a challenge.

Qapital takes care of this problem with its Freelancer Rule.

Of course, youll determine that percentage based on your estimated tax bracket.

More importantly, you dont have to set aside anything in the first place.

Your tax money will be right there in your Qapital account every quarter.

This comes in handy for big projectsyour savings acts as a milestone.

Plus, youre making financial progress at the same time.

You could reward yourself every time you get through an article on the topic.

Youre learning more, but youre also taking actionable steps toward your goal.

In general, Qapital is an awesome tool forautomating your savings goalsand juggling them all at once.

Combined with IFTTT, the possibilities are almost endless.