• Finance

Qapital App makes saving money the easiest part of freelancing

This is a post from Qapital, the money saving app that lets you save for the things you want just by doing the things you do. Qapital will automatically give Freelancers Union members $10 toward a Goal once after your first savings deposit hits your Goals account.

The life of a freelancer isn’t always a bed of roses. The challenge of juggling professional and personal goals, workflow, deadlines and finances is demanding. Carving a career outside the boundaries of a conventional office framework takes creativity, guts, and confidence. Wouldn’t it be nice to manage your personal finances with the same gusto?

Saving for the things you care about

The Qapital mobile app is a free app that helps you save (and spend) your money on the things that matter most to you—and forget about the things that don't.

All you have to do is pick a Goal you want to save for—a dozen more canvases, a car, a flight to Montreal—and set up a rule for how you want to save for it. Then sit back, relax, and let Qapital do the work for you. (No really, relax! Every penny you entrust with Qapital is FDIC-insured.)

Qapital is a painless and effective way to manage your finances for the things that make you the most happy. Whether you seek security or spontaneity, the one thing everyone wants from their hard-earned cash is freedom and independence.

How it works

So how exactly does Qapital help you save money without adding more stress to your busy schedule?

First, you need to pick a Goal. Let’s say, to save up $2000 for the deposit on a new studio space.

Next you pick a Rule for how you want to save that money. Qapital has designed a diverse selection to choose from, including...

  • The Round-Up Rule, which rounds up all of your purchases to the nearest dollar and drops the change into your savings.
  • The Set and Forget Rule that lets you select an amount for Qapital to drop into your account every week.
  • We even designed a Freelancer Rule that automatically tucks away a percentage of a paycheck deposit every time you get paid, so by the time April rolls around you won’t break a sweat on tax day.
  • You can also make saving Rules using IFTTT (If This Then That) to sync up everyday activities and favorite apps with your Goals. Say, save $1 towards that studio space deposit every time you add a song to your favorite work music playlist, $30 every time you’re pick up a new client, or 50 cents every time a certain person tweets.

Rules aren’t the only freelance-friendly Qapital feature. There’s also a Qapital Visa® Debit Card, which means that you can have a debit card and Spending account devoted to your savings Goals without the dangerous temptation of overspending that comes with credit cards. (Not to mention unlimited transfers, direct deposit capability and zero overdraft fees.)

There’s no blueprint for running your own business exactly the way you want, except for the one you make yourself. Qapital is uniquely equipped to not only cater to that mindset but embolden it.

Using savings goals to improve your business

So, how can Qapital help you expand your business? The possibilities are endless. If you need to purchase new materials, you can save for them with the app. If you need to organize a rainy day fund, you can save for them with the app.

Success as a freelancer is dependant on your ability to prioritize. Qapital allows you to manage your money so that you prioritize the most meaningful aspects of your business. Your resources are only truly limited by the boundaries of your vision for them. But you’re a freelancer, and that’s what you do best.

At the end of the day, time is money. And as a freelancer, your time is precious. Don’t waste it on stress and worry over money when you could be focused on building your business. The world of saving (and spending) is your oyster. Savor it with Qapital, and download for iPhone or Android to see how you can save smarter.

Qapital will automatically give Freelancers Union members $10 toward a Goal once after your first savings deposit hits your Goals account.

Qapital Qapital is a free savings app that lets you set saving Goals and customize Rules that help you achieve them. Freelancers Union members get $10 towards any Goal when you start saving!