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Can apps on your mobile phone help you become debt free?



With the advent of mobile apps and the concept of the Internet of Things, you can expect a wide array of benefits that you can enjoy on a day-to-day basis. The simplest form of tools that can offer respite to you in different areas is the app, more rightly the mobile app that you can download and start using promptly.

Wide application of mobile apps

You will find there are many areas in which these apps can actually offer respite, like healthcare, money matters, shopping, pharmacy, online payment, ordering food online and the list can just go on, not to miss out the educational apps that have found a wide application for kids and older children alike.

However, in this article, let us find out how these apps or you can also call them ‘get-out-of-debt” tools help you to become debt free. As such, the write-up will deal with the topic under the following sub-heads-

  1. Debt calculator – the simplest tool for becoming debt free
  2. Features of debt-free apps – How they differ
  3. How reliable are they
  4. Do you become debt free?

Let us take one sub-topic at a time for better understanding of the topic.

  1. Debt calculator – the simplest tool for becoming debt free

A debt calculator is perhaps one of the oldest and the most traditional methods of calculating your debt, long before the apps hit the stores, regardless of whether it is on Android or iOS operating systems.

A debt calculator is simple to use, and you do not have to be tech-savvy to understand how you must operate, given the ease with which you can use it.

  1. Features of debt-free apps – How they differ

Not all of these apps may be compatible with the two operating systems. While some work well with Android, others may be compatible with iOS. However, at the end of the day, what matters is how you can become debt free. Let us quickly go through a few features that you can expect when you use these debt-free apps on your mobile phone. Check them out.

  • Few apps will facilitate paying off debt in the so-called debt reduction method. It helps you in working out a strategy. In this you start paying off the debt, starting from the smallest debt account to the largest.


As you continue doing so, the outstanding balance will be visible in your app. This enables you to plan out your next debt payment.

  • Some apps will show you information related to debt in details. This includes all your debt accounts, the outstanding balance, rate of interest each debt account attracts, how much you require to pay off every month, and the date within which you have to pay off the balance.


Aside from the above, you will also be able to know the progression of debt payment with the help of a graph that many apps offer. You can go through a number of debt settlement reviews related to the effectiveness of these apps, most of the reviews offer a positive outlook, especially when many have come out of debt by using these tools.

  • You will come across many debt-free apps that will help you to adopt the Snowball Method of paying off debt. There are graphical diagrams in the form of pie-charts that enable you to get an overview of how your debt payment is progressing.


  1. How reliable are they

Most of these online apps are reliable and can be safely downloaded in your smartphone. The best part about these tools is that you can make the payment even if you are traveling or away from home.

It does not require you to stay glued to your debit account file or communicate with your lender frequently. However, given the fact that there are so many available in the market, the main cause of concern is that you have to decide which one will be suitable for you.

Once you have zeroed in on the right app, you can download it after going through few reviews and either pay for it if it is in the app-purchase category or get it for free if it is a free tool.

The best way is to seek the assistance of the ones that have already used these tools on their smartphones. You get a first-hand opinion about the apps.

  1. Do you become debt free?

If you have chosen the right app, one that will suit your get-out-of-debt requirement, and you follow every step carefully, you are sure to get out of debt. Many have made the optimum use of the apps. Just make sure that you make your payments religiously.

Falling behind on monthly debt payments will not help you no matter how many apps you use. Regardless of the type of app, you are using, and the detailed information you are viewing on a day-to-day basis and reviewing the progression of the outstanding debt balance, if you are not good with payments, no app can bail you out of debt.

To wrap it up

In a nutshell, adopting better strategies related to your debt, especially your finances can make a lot of difference.

It is not just that,in order to shed that debt faster, you must make changes in your lifestyle like reducing the usage of plastic cards, restraining from taking new credit cards when you already have debts piled up on your existing ones, shedding the frills and fancies, eating out less, not buying expensive household items.

You can become financially responsible, which will also be reflected in your credit report, which is referred to as your financial report. A good credit score will ensure that lenders are willing to deal with you in the future.

As such, keep that avenue open so that you can enjoy better terms and conditions on any loan that you want to avail once your current debts are paid off.




Hamza Chohan

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Food & Drink

What Is Swiggy? How Makes Swiggy Business Model Works In Startups And Make Money?



Online meal delivery is just one of the many businesses that have benefited from the disruption caused by the pandemic. Swiggy is a business model that allows business owners to create an engaging, feature-rich food delivery app.

Customers ate their way to happiness, as they were deprived of any restricted or other activities. People are becoming more comfortable with placing orders online via their smartphones, a trend popular among GenZ and millennials.

Swiggy is the most popular online food delivery service. If you want to create an app like Swiggy, it is essential to understand the Swiggy business model. Also, learn how the delivery giant makes its money and works to please more tastebuds.

Swiggy has received more from the market thanks to a new raise, and the company’s value has reached $5.5 Billion. The delivery segment currently has over 15 million users. However, this number is expected to rise and reach 80 million.

Restaurants and establishments are looking for new business models to survive the COVID-19 pandemic. Many vendors are investing in the Swiggy Clone script. White Label Fox can help you find the right solution for your delivery business if you are looking for it.

What is Swiggy?

Swiggy India’s largest online ordering platform and delivery service are for food. It was established in 2014. The company’s headquarters are in Bangalore. Swiggy is now present in over 500 Indian cities as of 2021. The delivery platform was extended to general product deliveries in 2019 as Swiggy Stores.

Bundl Technologies Private Limited operates Swiggy’s instant pick-up or drop-off service, SwiggyGo. This service is available for various purposes, such as delivering laundry, dropping off lunch, getting lost keys, or delivering documents from your office.


Swiggy’s Success Story. Get Insight!

Swiggy now offers customers the option to receive the delivery at their doorstep. Customers can order hot, fresh meals from different establishments, and the company promises that they will deliver their orders in a short time. Is it possible to see how Swiggy achieved such great success in such a short time? We will look at the Swiggy success timeline and the Swiggy business model to gain insight into the strategy.

Swiggy has become a household name in online meal delivery and ordering. It has been a success since its origination. The company has worked with more than 150,000 restaurants and is a prominent presence in 325 Indian cities. It has overcome all barriers to hot meal delivery.

Swiggy is a modern alternative to the traditional way of ordering, waiting, and traveling to get hot meals to our tables. Foodies can now have their favorite dishes delivered to their doorsteps with just a few taps.


The Swiggy Business Model – How Delivery Giant Works


Swiggy is based on the hyperlocal, on-demand delivery model. The company uses an innovative tech stack to act as a single point for all inquiries. Swiggy’s app is easy to use and allows urban foodies to order from their favorite restaurants and have it delivered to them.

It is easier to order and choose from many restaurants, menus, and prices. Delivery partners can pick up orders from restaurants and deliver them to customers within 20-30 minutes. Swiiggy uses the dual-partnership model, which is beneficial to both customers and restaurants.

One of the best things about Swiggy is that it lists delivery partners and organizes restaurants to deliver within 30 minutes. Swiggy is a hyper-local business model that bridges the gap between food lovers, restaurants, and customers. It works in a dual partnership model and benefits restaurants.

Discover How Swiggy Makes Money. Explore the entire Revenue Model here!

Swiggy can earn in many ways. Economic Times reports indicate that the competition for the top spot in the meal delivery market is up 93%. It has risen from 205 crores to 397 crores. Companies have increased their efforts to expand their fleet and improve their services due to rising costs. Swiggy’s revenue streams will help you make more. Currently, Swiggy has the following revenue streams:


Delivery Fees

Swiggy makes its revenue by charging customers a small fee for orders placed. The company’s charge increases during peak hours and in unusual weather conditions.



Swiggy purchases goods through commissions. Swiggy collects commissions from restaurants for delivering their meals via its fleet and food delivery platform.



It makes advertising revenue in many ways.

  • Banner Promotions
  • Priority Listing for Restaurants


Swiggy Access

It created the concept based on a cloud-based kitchen. Swiggy Access offers ready-to-use space to its partners even in areas where they don’t operate. Swiggy Access is a company that provides ready-to-use space to its customers. Its primary purpose is to deliver meals to their doorstep.


Swiggy Super

Swiggy has launched “Swiggy Super”, a customer-only membership program. After signing up for the program, customers don’t need to pay a surge for excessive orders.


Swiggy Go

Swiggy’s top delivery company has “Swiggy Go”, launched in 2019 and offered customers instant pick-up and drop service. This service allows customers to pick up, send and drop off their items from different locations across the country.


Affiliate Income

Swiggy makes money by partnering with financial institutions like HSBC, Citibank, and ICICI Bank. Affiliate income is a unique and successful way to make money. It is also beneficial for both the affiliates and the bank.

The food delivery company has enjoyed a competitive advantage over other models due to its unique functionality and exceptional customer service. With its top-notch service offerings, it has grown its customer base. You can offer your customers the best delivery and ordering service with an online food ordering app. Professionals developed this app.


It costs less to build an app like Swiggy. Check this out!

App development is now a standard part of eCommerce due to technological advancement. Businesses need a food delivery app to ensure their target audience can access the products and services. Many factors, including determining the cost of app development

  • App size;
  • Select the platform;
  • UI/UX design complexity;
  • Technology selected;
  • App testing;
  • Marketing, etc.

The features and functionality that you select for your branded mobile app will impact the cost of development. You can still get your app developed for a reasonable price if you choose the right partner.

Get your Food Delivery App developed today!

Swiggy is a fast-growing company that started with food delivery but has expanded its services to other parts of the world. The delivery company is expanding its offerings to include emergency supplies such as groceries and stationery. Follow the Swiggy model to grow your delivery business.

Swiggy is challenging market leaders such as FoodPanda and Zomato. Although Swiggy has established itself as a top ordering and food delivery platform, its business model and revenue model are highly sustainable and innovative. Thanks to modern technologies like live tracking and a comprehensive menu, customers have found their lives easier and faster


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