Technology makes life easier, and when it comes to investing or saving your money, it can also make a difference.

Reaching the end of the month with money in your bank account can be a challenge. But if you are a person who has already overcome such a challenge, you can now concentrate on what to do with what you save.

Saving at the end of the month may be torture, but if you are lucky enough to have some money left, saving is simple: just set it aside or invest it.

Unfortunately, if you have to juggle spending and saving, investing becomes a utopia.

Although there is no magic method to achieve success when it comes to having financial success, technology offers us tools that help to be aware of how much money is being spent, how we can distribute it intelligently and even how we can invest the savings we have managed to accumulate.

Although saving seems like a difficult hill to climb, today there are many applications that can serve both purposes: savings and investing.

There are certain expenses that we consider fixed, but we should rethink if we can scratch a few bucks from them. For example, house bills.

There are comparators with so-called fixed bills such as insurance, telephone rates, electricity, supermarkets and others that help you find the best price in different areas.

It is also interesting to use applications such as consumer monitors, which collect information about our use of energy at home and analyze it. It makes it easier for us to make smarter decisions to reduce spending.

You should consider the use of smart thermostats, devices that allow remote house interaction or even tools that are able to detect when a device is not being used and turn it off.

There are other tools that detect when there is no one in the room and turn off the lights if it does not detect movements. These devices analyze the information and show a much more accurate picture of the use of the energy we make at home.

All this allows us to save and reduce expenses, which can become savings at the end of the month.

There are apps that round up any upward spending and derive that extra to a savings account. You can also use groupers of current accounts that you have in different banks to keep greater control of the finances, analyzing in which items you spend the most or what type of investments have done better.

One of the advantages of using technology in this field is that it brings the possibility of investing in those who do not have specialized knowledge in this area.

Although it is always necessary to consult with experts, there are tools that allow managing these investments autonomously on a daily basis.

Artificial intelligence and big data can be used to analyze companies, launch thousands of simulations and find the best combination of actions in terms of profitability and security.

Artificial intelligence helps analyze the huge amount of information that exists about markets, finds patterns and even predicts what the next movements will be.

We can also use applications that help us identify what our risk profile -known as the sleep threshold- or how much money I can lose before it affects my sleep.

Another way in which technology is present in the world of investment is that we can invest in pioneer companies that develop technologies, which will be the winners in the near future, and that specialize in topics such as cybersecurity, the internet of things or artificial intelligence.

There are financial products, such as new ranges of investment funds that use AI and big data to help users make their investments smarter.

Users should be aware that they can use technology to tidy up their finances: knowing how much they earn, how much they spend and what their savings capacity is.

Then people can discover their investor profile. With this in mind, they can use websites to find and hire the funds, stocks or the financial product that best suits their tastes and needs.

What people should never do, regardless of their situation, is to spend more than what they earn.

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