The world is getting expensive to live in day by day. Inflation is rising, and people are finding ways to save money. With the recent recession, people have started to think more about their spending and ways to reduce it. But for an ordinary man, the cost of living and basic grocery has been out of reach. A recent study by Oxfam has found that the price of a basic grocery basket has increased by 40% in the last five years.
To make matters worse, salaries have not increased at the same pace as inflation, leaving people with less and less disposable income. This has led to an increase in debt and financial insecurity among many households. People want ways to save money. One way is to use discount coupons. There are different types of coupons, such as paper, electronic, and store coupons.
Paper coupons are the most common type of coupon. They can be found in various places, such as newspapers, magazines, and online. Electronic coupons are less common than paper coupons but are becoming more popular. They can be found on websites and through email. Store coupons are only valid at a specific store or chain of stores.
Disha Shindham launched Savy from Shark Tank to make it a bit interesting. It is a new app that promises to help people save money by providing them cashback on everything they buy using the app.
The app is accessible on the App Store and Google Play Store. It is currently only available in the US. Savy is a cashback app that gives users cashback on all purchases. The app works like this:
- Users download the app and create an account.
- They then link their credit or debit card to the app.
- Whenever they purchase using the linked card, they earn cashback.
- The cashback is deposited into their Savy account and can be used for future purchases or withdrawn to their bank account.
Disha Shindham had asked for 100,000 USD for a 10% stake in her company. But she was rejected by all the Sharks. But she did not give up and continued to work on her app. She eventually got the funding she needed, and Savy is now a successful app with thousands of users.
Savy is worth checking out. It is a simple and easy-to-use app that can help you save a lot of money on your everyday purchases.
Our Review of Savy
With the cost of living skyrocketing daily, it was the right time to introduce something that benefits the general public and helps them save money on their purchases. Savy is a new app that allows you to get cash back on your online purchases. It is effortless to use; you only need to download the app and create an account. Once registered, you can start shopping at participating stores and earn cash back.
When we first heard about Savy, we were a bit skeptical about it, but after trying it out, we were pleasantly surprised.
As of April 2022, The app has over 1 million downloads and is available for iOS and Android devices. The platform provides an in-built option to compare prices from different retailers before purchasing in order to get the best deal for the product.
The price alert feature is also a great addition as it notifies users whenever the price of a product drops, allowing them to save even more money.
The app is free to download. So there is nothing to lose by giving it a try. The app has been top-rated and has been covered by many major publications. Who doesn’t want the money back on everyday purchases? Savy is a great way to save money on your online shopping, and we would highly recommend it to everyone.
Pros of Savy
- Helps you save money on your online shopping
- Easy to use
- The price alert feature notifies users when the price of a product drops
- 1 million downloads
Cons of Savy
- It may not work with all stores.
- It is a subscription-based service, so you will need to pay for it monthly.
Who is Savy For?
This is the interesting part, Savy is for everyone; yes, you heard it right, the app is for everyone. It doesn’t matter what you purchase or where you purchase it from; as long as you use the app to make the purchase, you will get cashback.
The best part is that Savy doesn’t just work with one store or type of product, it works with a wide range of stores and products, so there is something for everyone. There’s no need to wait for discount coupons, sales, etc. With Savy, you will always get cash back on your purchase, which is a guarantee.
It is important to note that Savy doesn’t work with all stores, but it does work with a wide range of stores, so there is a good chance that your favorite store is on the list. Once you have made a purchase, the cashback will be added to your account within 48 hours, and you can withdraw or use it on your next purchase.
Are There Any Alternatives?
While Savy is the only app that offers cash back on online purchases, there are some options like ShopSavvy and PriceGrabber that offer similar features.
ShopSavvy is an app that compares prices from different retailers before making a purchase. PriceGrabber is an online price comparison tool that allows you to find the best product deals from different retailers.
Then there is google shopping which allows you to compare shops across the internet for products. These are all viable alternatives to Savy, but they don’t offer the same cashback feature that makes Savy unique.
If you are looking for ways to save money on your online shopping, then Savy is worth checking out. The app helps you save money on your purchases.
The only downside is that the selection of stores is somewhat limited, but hopefully, this will improve over time. Overall, we would recommend Savy to anyone looking for a way to save money on their online shopping.