Spare8's mission is to simplify the way people invest, spend, see, and save money. Spare8’s micro investment platform boasts of the way you live today and is here to change your investment habits. We help users invest their spare change from everyday transactions to the nearest Rs 10, be it any mode of digital payment. Then the spare change is invested into digital gold. This helps an individual unintentionally invest every time they spend or splurge and aid them in becoming financially independent. Check below to know the daily saving tips with Spare8.
How to Save Daily with Spare8?
No Defined Cost
The best feature of Spare8 is that it gives its customers the flexibility to invest as little and as much as they want! It doesn’t restrict an individual with minimum or maximum limitations with regards to their investment. You have the freedom to start investing with just one rupee and invest as much as you want to. A person can literally do his daily savings on Spare8 by regularly investing a minimum fixed amount and getting benefitted for life. Investment tips on Spare8 are here to keep you benefitted.
No Lock-in Period
Spare8 takes pride in providing its investors with the no lock-in period feature. You do not have to worry about a restricted deadline or maturity of redeeming your investment in digital gold. You have all the flexibility to invest today and take back the investment tomorrow. Investing in digital gold on Spare8 will really help you maintain an emergency fund where you can utilise your savings at the time of an uncalled situation without worrying about the lock-in period.
No KYC
While many people fail to reach their target of daily savings because of the hassles involved with the banking process. Spare8 does not drag customers' time with unnecessary lengthy KYC processes. Here, you can just provide your basic information and you are good to start investing with us.
Guaranteed Security
Owing to the purity and security risk it brings in, individuals do hesitate when it comes to investing in digital gold. But worry not when you are investing in virtual gold on Spare8! We have partnered with Augumont and Paytm to buy the digital gold and store them in vaults secured by regulated independent trustees. Customers are assured 100% purity, security, and safety of their investment in digital gold. Also, Spare8 uses bank-level security and its app is secured with 256-bit encryption.
Pay Less in Bank Fees - Once you start investing regularly on Spare8 you tend to cut down on the number of fees you were paying in the form of withdrawing cash from fee-ATMs, using credit cards and payment apps involving high usage fees. When you invest in digital gold on Spare8, you not only save for your future but also save the present you from unnecessary expenses.
Use Spare8 to Help Track and Save Money - You can use the Spare8 app from any corner of the country you are in and get its assistance to check how much you have invested and how much you are making out of your spending.
It is essential for you to know how your money is working for you. Once you inculcate in yourself a daily habit of investing your spare change on Spare8, there is no looking back because saving then doesn’t just remain a habit but becomes a way of living. Get going and download the Spare8 app to start your daily savings today!