The apps that save behind your back

Ben Judge looks at the best apps on the market to help you save for the future.

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New savings apps are hoping to catch the eye of the under-35s
(Image credit: Petar Chernaev)

It's a widely held belief that hardly anyone under the age of 35 has much in the way of savings. A university education saddles them with huge student debts, while out-of-reach house prices make it impossible to save enough for a deposit. And why save into a pension when it's unlikely you'll ever be able to retire? Yet the truth is a little different. According to Charter Savings Bank, 18- to 34-year-olds saved more last year than any other age group.

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Ben Judge

Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.

Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin. 

As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.