HyperJar, the Fintech application that revolutionizes savings and spending
With the continued evolution towards a cashless society, digital management of personal finances is becoming more and more important. With rent or mortgage payments, bills and standing orders coming out of our accounts at different times throughout the month, managing funds can get complicated. And what about pocket money? Is there a way to introduce kids to smart spending in the digital age?
Whether you’re saving up for a special purchase or just want to manage the cash allowance for weekly groceries, technology may have the answer for hassle-free budgeting. New fintech apps like HyperJar help simplify savings and expenses for the whole family.
How does HyperJar work?
With HyperJar, you can connect your bank account to a digital wallet that allows you to track and organize your spending. The reviews on Trustpilot are testament to how easy it is to download the app, order your HyperJar card, and get started.
HyperJar offers a convenient digital way to budget for jam jars. You can use the app to organize your money and expenses into different categories or “Jars”. Creating separate jars is a clear and visual way to see where your money is going and how much you need to set aside each month.
You can also set savings goals. Whether you add money to the pot when you have a little bit to lose or set up a monthly direct debit, you can keep an eye on how far you are from the goal.
In addition to budgeting and saving, HyperJar can help you introduce kids to money management. With a Kids Card, pocket money management becomes a snap while giving your child a sense of financial independence. A Kids Card is a prepaid debit card connected to your adult HyperJar account. It allows you to transfer pocket money to your child so that they can do their shopping on their own.
HyperJar still allows parents to monitor their child’s spending, set limits, and decide where the child can use their card. And because it’s a prepaid card, you can relax knowing that your child can’t spend more than they have. Parents’ reviews on the Google Play Store highlight the benefits of using HyperJar to allow children to “earn” their allowance. You can give them tasks to do in order to get their pocket money.
Why not take a look at the HyperJar case studies to see how a Kids Card can benefit children and families?
What are the benefits?
HyperJar is free to download and use. There are no monthly or annual fees, making it an efficient and affordable money management tool. Plus, there’s no credit check and you can use it with your existing bank account, so there’s no need to change your direct debits or standing orders.
In addition to helping you organize your finances to suit your lifestyle, you can share sums of money with family and friends, which is great for contributing to a group gift or a trip. Think of it as a hassle-free, no-commitment pop-up joint account!
Other practical advantages include:
HMoney – with HyperJar’s HMoney partnership, you can earn rewards with your favorite brands and businesses. The rewards include an annual growth rate of 4.8%.
No exchange fees – you can use your HyperJar card abroad without worrying about exchange fees.
Expense notifications – every time you make a payment, HyperJar will send you a notification and record all the details in an analysis page so that you can have a big picture of your spending and budget.
New fintech solutions like HyperJar can help bring jam-jar budgeting into the digital age. Quick to set up and easy to use, the application adapts to everyone. Whether you’re a student balancing rent payments with leisure expenses or a parent looking to introduce your kids to financial literacy, your HyperJar card can give you visual insight into your spending.
If you want to learn more, why not check out the HyperJar website and create a free account?