Plum app helps user save £42,000

A 27-year-old user of the Plum app has saved £42,000 since 2017 through automated savings and investments. The app helps users save and invest by analyzing spending and automatically setting aside funds. Tom Robertson, a Plum user since his student days, utilizes the app's AI-driven features to automatically save money. He uses the app's 52-Week Challenge and invests in various funds, including a Cash ISA. Plum, with over 2.2 million users, offers features like spending overviews and customer support. The app is regulated by the Financial Conduct Authority, and money is protected by the Financial Services Compensation Scheme.