Digit Saving for Paying off Student Loans
About 2 months ago, I signed up for Digit Savings which is the easy way to save money without having to think about it. I am proud to announce that after only 2 months of saving with Digit, I was able to save an additional almost $300 and apply it to my student loans, that’s on top of the big money I have been applying to my student loans.
$280.75 withdrawn on March 24, 2015
“Pay student loans”
With all the good things I have to say about Digit(if you sign up I can also get $5 for referring a friend), seriously people if anything you are helping me to end the student loan crisis in the Even Steven Money household;)
I do have one drawback that I noticed when I was bringing my account to extremely low balances. What happened in 2 occasions was I would make a payment to my student loan via Edfinancial and then the next day the payment would apply to my account, when I looked this up online I realized Digit thought this money was just laying around, this payment did not have a pattern, so I was brought below zero, don’t worry I get alerts when my account is below $100 so I was able to catch it easily. Another similar occurrence happened when I took out $20 from the ATM, only this occasion I had not looked at my account that day and did not realize Digit had decided to save me money, good news is I caught it before anything could happen.
The good news is even if they did cause overdrafts, Digit would have taken care of them anyways, but a word of caution, if you are making not so ordinary loan payments or withdrawals make sure to check your account, Digit might be trying to save you some money. I feel like it has certainly been worth signing up for Digit, I have saved over $280 and without moving a muscle. Thanks Digit.
Just remember if you are already great at saving money, why not let Digit help you save even more?