Trim app, formally known as asktrim, is an app you should get if saving money feels like torture to you. The Trim app makes saving money easy and automatic. But it also does more, and we will tell you all about it in this Trim app review.
The Trim app analyzes your spending patterns to find ways to cut down your expenses and save you money.
However, before we get into all the details about what the Trim app does and how it does it. We first need to answer the burning question: What is Trim?
What Is Trim
Trim describes itself as a financial health company with a mission to solve financial problems.
Founded in 2015, the company focused its effort on tackling spending. They started with smaller things like canceling unused subscriptions, and remediating overcharges from service providers like your cable company, and the likes.
Early users found immediate value in Trim’s intuitive software and gradually began to trust it.
Now, in addition to tackling the small stuff, Trim also tackles the big and hard stuff like getting you out of debt, establishing an emergency fund, and retirement.
So far, Trim has saved its users more than $40 million, and they can save you some money too if you sign up with them.
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How Trim Works
- Trim connects to your bank account and analyzes your spending patterns. Don’t worry, the app uses bank-level security with 256-bit SSL encryption and two-factor authentication to keep your data safe.
- Trim finds where it can save you money. Trim negotiates your cable bill, internet bills, phone bills, and medical bills to save you money. It also cancels old subscriptions you no longer use.
Why You Should Consider Using Trim
Trim is a very effective app that works in the background to help save you money. Apart from requesting the necessary authorizations and clarifications, Trim does not interfere with your daily life. It does all the work behind the scenes and lets you go about your life.
Trim is not limited to negotiating only the small stuff like your phone bills and the likes. It can also negotiate big things like:
- Credit card debt
- Personal debt
- Bank fees
- Bank annual percentage yields
- Interest charges and more
Is Trim Legit?
Yes, Trim is a legitimate company with hundreds of thousands of customers. The company, led by its Founder and CEO Thomas Smyth, has saved over $40 million for its customers.
How Much Does Trim Cost
Signing up for Trim is completely free, however, Trim retains 33% of the total amount of money it saves you. For instance, if Trim manages to save you $1,000 a year, they will keep $333 and give you $667.
Retaining 67% of the amount Trim saves for you is still a very good deal considering you would have lost 100% of it in the first place.
How To Sign Up For The Trim App
Signing up for Trim is free. You can sign up using either your Facebook account or just your e-mail address.
Once you create an account, you’ll be prompted to connect your Facebook messenger or phone number so Trim can communicate with you.
After that, you will be prompted to connect your bank account or your credit card, whichever is your primary mode of spending. Trim will then scour your accounts and analyze your spending to find areas in which it can save you money.
Is The Trim App Safe?
Yes, the Trim app is safe. Trim uses a top-notch security app called Plaid to connect to over 15,000 financial institutions. It wouldn’t be able to connect to these financial institutions if it wasn’t safe.
You can trust Trim to save you money.
Trim App Review – Conclusions
If you need to reign in your spending and bring your finances under control, the Trim app is an excellent tool for doing so. Trim will negotiate your personal debt, credit card debt, bank fees, and interest rates, and other financial troubles you may have. All you have to do is sign up with Trim and start saving money.
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