|
|
|
|
|
by swashq
160 days ago
|
|
Cool idea. One thing that could differentiate this from "another budgeting app": Add market context to the coaching. Right now most finance apps show spending in isolation. But "should I invest?" is different when:
- S&P is at ATH vs down 20%
- Fed just raised rates vs cutting
- Your industry is laying off vs hiring A few data points that could make the coaching smarter:
- Historical market returns (so "invest in index funds" has numbers behind it)
- Inflation rate (to show why cash loses value)
- Average savings rate by age bracket (peer comparison) The "memory" system you built could remember their risk tolerance AND market conditions when they made past decisions, then reference both. |
|
Inherently, I'm thinking for now to build something actually useful for personal finance growth and then move on towards investing side as well.
As of now as well, it does a web search behind whenever there's a change going on in market. but thanks for the suggestions!
would love to give u a try of the app if you're down.