Did you know that Americans love to save at least $1,000 in their bank account? These are impressive statistics on savings in America. However, only 12% of people save $1,000 to $5,000 in the bank. But if you save your money, especially spare change, with applications like My Penny Profit, your money will grow, and you will have control over your finances.
With My Penny Profit, you can create your penny app login to create several types of jars to save your spare change. You can create one or multiple jars, depending on your savings. All your money will be automatically rounded up and saved in your digital jar. Moreover, if you select the premium plan, you can create private jars and public jars and split your round-ups to go anywhere.
In addition, you can deposit any amount directly to your penny profit jar at any time. You can also send and receive money from your friends, acquaintances, and family. Furthermore, your Penny Profit account allows you to adjust your recurring contributions on the fly to do auto-contributions. Additionally, withdrawing your money from the jar is merely a click away and is extremely easy and quick.
Suppose you are wary about using Penny Profit. You can try it for free for one month.
You can also create public jars that allow people to contribute to your pool. You can use this money as a crowdsourcing fund to finance your vacation, emergency, real estate, holidays, and much more. However, if your public jar has more than 100 contributors or more than $1,000, you might have to pay a 3% service fee.
Before you dive into the Penny Profit world, you can watch these videos to learn how to use it and ensure you have a handle on your money. Alternatively, you can email them at [email protected].