There are various apps that promise that will help you handle your bills. They’ve gotten rather a lot smarter for the reason that creation of Open Banking 4 years in the past, a European Union initiative that forces banks to sync consenting prospects’ accounts with app builders and different third-parties.
A couple of apps provide superior options, together with one that can attraction to those that often discover themselves quick on money as payday approaches. A brand new Irish app, Azucko, permits staff to entry as much as 50 per cent of their pay earlier than payday if their employers additionally take part. Revolut has an analogous setup.
Monetary advisers usually warn that whereas wage advance choices may be helpful for one-time or sudden bills, anybody who must resort to them continuously