May 7, 2020

Rethink Saving with Tip Yourself

EarnIn offers tools like Cash Out that help our community members improve their finances in the present. Now, we’re moving forward with a product focused on building a bright financial future. We’re proud to announce Tip Yourself, a savings tool¹ that will be available to the EarnIn community this month. Tip Yourself is a new, easy way to save money that turns saving from a passive and lonely task into something active and social. It encourages people to reward themselves for their achievements in a constructive way and support each other for saving money.

You tip others for good service or to pay it forward, but now you can tip yourself. With Tip Yourself, you can set up Tip Jars to save money for specific financial goals, like building an emergency fund or saving for a home improvement project. When you accomplish things throughout your day, whether it’s working out, finishing a project, or going to bed early, you can give yourself a tip as a reward by transferring money from your linked checking account to one of your Tip Jars. Tips are customizable and can be as low as $1, so you can set aside an amount that works for you. After you tip, you can share your reason for tipping with the rest of the EarnIn community, congratulating them while receiving support. There’s also the Pay Yourself First feature, which lets you set up a recurring tip that transfers money from your bank to a Tip Jar automatically on payday.

Once you meet your goals or have an emergency expense, you can withdraw money from your Tip Jars and transfer it back to your bank. Tip Yourself withdrawals support Lightning Speed, so you can access your savings fast.

EarnIn seeks to inspire everyone to rethink how they save. That’s why Tip Yourself lets community members set aside money in a way that’s radically different from old-fashioned saving accounts. With Tip Yourself, we want to empower our community to save more, even if it’s just a few dollars here and there, and we want them to feel supported while they do it.

With the right tools and motivation, almost anyone can save for tomorrow. You tip other people, why not tip yourself?

Please note that you need to be an EarnIn Community Member to use Tip Yourself. For more details, read the EarnIn Terms of Service. Tip Yourself is a 0% Annual Percentage Yield and $0 monthly fee service*. For more information visit https://www.earnin.com/privacyandterms#tipyourself


¹ You shouldn’t have to pay to save. Tip Yourself is a 0% Annual Percentage Yield and $0 monthly fee service. For more information visit https://www.earnin.com/privacyandterms#tipyourself

Photo by Josh Appel

You may enjoy

How to Stop Overspending and Start Saving: A Practical Guide
How to Stop Overspending and Start Saving: A Practical Guide
Learn how to stop overspending and start saving so you can build wealth and position yourself for financial independence.
Earnin’s Season of Savings Sweepstakes
Earnin’s Season of Savings Sweepstakes
EarnIn rewards your efforts to save by giving away $100 to 100 Tip Yourself members. Learn more about this exciting opportunity on our blog.
Handle Your Finances More Wisely This Year: How To Manage Money Effectively
Handle Your Finances More Wisely This Year: How To Manage Money Effectively
Turn a new leaf this year and learn how to manage money wisely and more effectively. Get your finances in order with these smart tips.
How to Make a New Year’s Resolution You’ll Stick To
How to Make a New Year’s Resolution You’ll Stick To
Start the new year off right with a resolution you can stick to. Learn tips and strategies for making meaningful resolutions that you can achieve.
How to Set Short Term Financial Goals
How to Set Short Term Financial Goals
It’s important to set short-term financial goals, like changing spending habits or saving for something specific, to set yourself up for long-term success.
8 Short-Term Financial Goals to Boost Your Savings
8 Short-Term Financial Goals to Boost Your Savings
Looking to save more money this year? Check out these 8 short-term financial goals that can help you grow your savings.
How Much of Your Paycheck Should You Save, and Why?
How Much of Your Paycheck Should You Save, and Why?
If you don’t know how much of your paycheck you should save, start with at least 20%, and adjust depending on your income and financial goals.
5 Reasons You Should Use An App to Save Money
5 Reasons You Should Use An App to Save Money
Using an app to save money helps hold you accountable, allows you to track your progress, and provides you a comprehensive view of your finances.
Vote: Change Starts With One Person
Vote: Change Starts With One Person
A single vote may seem small, but you can create something very special when many motivated people work together. Read here to know more.
How Much Should My Emergency Fund Amount Be?
How Much Should My Emergency Fund Amount Be?
When determining an emergency fund amount to save up for, save at least three to six months living expenses and consider how at-risk you are.
Building a Better Financial System Together
Building a Better Financial System Together
EarnIn is here to solve problems by building a better financial system together and creating a world where products are designed to lift up the community.
Your Vote is Your Voice
Your Vote is Your Voice

EarnIn is a financial technology company, not a bank. Bank products are issued by Evolve Bank & Trust, Member FDIC. The EarnIn Card is issued pursuant to a license from Visa USA Inc.

Download on the App Store
4.7 +189K ratings
Download on Google Play
4.6 +200K ratings