German Chancellor Angela Merkel holds a BlackBerry Z10 smartphone featuring high security Secusite software, used for governmental communication, at the booth of Secusmart during her opening tour

There are several free apps on your smartphone which can be used for saving money. Even though smartphones are often blamed to be just a mode of entertainment to many, if used wisely, you can get the best of apps working for you to save you more money. Here are some of them.

Bar-code Scanner

The camera of your smartphone can be used for reading product barcodes. The best price available online or at a retail store near you can be found within seconds when you use the GPS. You just have to scan a specific barcode and know the price. If you know a place where you can find a cheaper product, you can opt for it.

Coupons and Deals

There are several apps which give you notification when there is a sale going on at a store near you. If also notifies you on the best shopping deals in your locality. There are certain apps like Push a Deal or RetailMeNot which can be used to be informed about current sales.

Lowest Gas Prices

You can easily find the lowest gas prices in your locality with certain apps. You just have to enter the zip code of the area. You can also use the GPS in your smartphone. The app will help you find the lowest price of gas. Additionally, it can also lead you to the store by giving you directions.

Avoiding ATM Surcharges

If you use an ATM which is not affiliated with the bank you have an account, there can be double surcharges. It receives surcharges once from you and then from the bank owning the ATM. When using apps like Allpoint Global Surcharge-Free ATM Network app, it can show you the nearest ATM that belongs to your own bank.

Lowest Airfares

We are often in a hurry to book the tickets as we do not want to change our travel routine due to any change of date or time. That is why we tend to ignore the possibility of comparing prices and getting the cheapest of them all. You can easily to do it with free apps that finds the cheapest flights. Download the free FareCompare When-to-Fly app on iTunes