How these apps can help you grow your savings account

ABC News’ Rebecca Jarvis shares tips on tools you can use to build up your bank account.
3:13 | 01/29/21

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Transcript for How these apps can help you grow your savings account
We turn to our series small victories, big results looking at the apps that can help you save more, spend less while you build up your bank account. Rebecca Jarvis is back to talk all about them. Hey, Rebecca. Reporter: Hey, George. That's right. It can feel like an uphill battle. Most Americans say they would like to save more money but then life tends to get in the way. It creeps right in and it causes those savings to fall. But thanks to these new tools, they are making it easier than ever without a lot of thought. For years janai parsons struggled to become a saver. I would start and wouldn't stick with it. Reporter: She's not alone. Nearly a quarter of Americans have less than one month of savings stashed away. But Janae discovered a weapon, an app that does the work for her by finding small savings that add up over time. A lot of times we don't think of ourselves as savers and when we have little win, that can give us energy and momentum to keep going. Reporter: There are an array like trim and true bill that can help you find hidden savings in your bills combieling a list of all your subscriptions, ones you may have forgotten about so you can easily unsubscribe all in one place. And if you're hope to go sock away some of those savings in stocks, apps like acorns and qapital can make it easier. I knew little to nothing about investing my own money up until starting out. Reporter: Lindsay starts saving with qapital after graduating five years ago and became an investor through the app rounding up purchases to the nearest dollar and investing the spare change. It was very hands off and that was one reason why I liked it. The more automatic you can make things, the more likely you will be to have success. Reporter: While investing can reap benefits in the long run the safest bet in the short term is a savings account. How Janae saved $3,000 in less than a year utiliing qapital. I was surprised I hit the goal so fast. Reporter: Don't worry if you're not even sure where to start. I was overwhelmed. I was anxious about the idea of saving. Reporter: Shantel Williams found her way with the app digit which analyzes your spending history and automatically saves what you can afford putting that cash into a savings account. It took a lot of anxiety out of trying to understand how to save. Reporter: After four years, the small savings adding up to a big payoff. Shantel says she was able to sock away more than $40,000. I'm currently hoping to save more a home. Reporter: Way to go, Shantel, Jane and Lindsay. That's what it's about. Taking the first step and making it a habit in your life to save, George. What's the best way to get started? Reporter: Well, the best way to get start sdd to look at some of these apps and keep in mind, as you're getting started, think about initially putting aside at least six months' worth of expenses in your savings account. That should be an emergency savings account. It doesn't go in the stock it goes into a savings account, George. Rebecca Jarvis, thanks very much.

This transcript has been automatically generated and may not be 100% accurate.

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