SPENDiD Launches Consumer Cash Flow Health Awareness & Improvement Platform

Lowering Barriers To Financial Wellness by Leveraging Technology and Unbiased, Unimpeachable Peer Data
By: Spendid
 
BIRMINGHAM, Ala. - Sept. 1, 2022 - PRLog -- SPENDiD™, the first of its kind "budgeting-as-a-service" fintech solutions company, today announced the release of its consumer-facing web application, DoneForYouBudgeting.com (DFYB).

The platform enables anyone (age 18 or over), regardless of financial literacy level, to rapidly step through a simple automated budget creation and cash flow perspective experience armed only with facts they would readily know. Breaking from other more common approaches requiring account linking and the minutia of transaction re-categorization, SPENDiD and DFYB's technology are driven by the standardized demographic profile and known major recurring expenses of the user. DFYB then automatically completes the scenario with adjusted proven spending and saving amounts (by category) of the user's peers (driven by the underlying SPENDiD API). Instant on-screen and downloadable results include a categorized and fully customizable budget plus an estimate of the user's Monthly Predicted Saving Ability.

"I've long felt that most budgeting tools and teaching methods available to consumers are a source of stress and frustration for many people. I believe millions of American households can benefit from a simple, easy-to-understand cash flow perspective that opens their eyes to better decision-making", said Craig Hill, Founder & CEO of SPENDiD. "People don't want another intimidating spreadsheet or the task of linking all their bank and credit card accounts leading only to the struggle of recategorizing transactions month after month.

Audiences
Graduating students from high schools and colleges/universities
Credit counseling and early wage access recipients
Post-incarceration community as part of the social reintegration process
"Low-tech" consumers / those who spend primarily by cash or check instead of credit or debit cards.

Channels
Financial literacy instructors
Employee benefit platforms
Small employers
Payroll and PEO service providers
Non-profit community organizations
Social workers
"Mega-church" financial wellness ministries

Qualified partners can embed the SPENDiD Web Application on their website, potentially
strengthening the bond between partner and end-user by encouraging recurring engagement and paving the way to improved budget clarity, confidence, and greater financial peace of mind.

About SPENDiD

SPENDiD is a fintech solutions company offering consumers simple cash flow health awareness, automated budgeting, peer-comparative insights, and quick reference to personally relevant resources for improvement. In addition, SPENDiD highlights opportunities for its commercial partners to better personalize their marketing and customer retention efforts at relatively low cost and with minimal internal tech staff time required.

For more info please feel free to visit http://www.doneforyoubudgeting.com

Media Contact
Craig Hill
chill@spendid.io
205-944-9678
End
Source:Spendid
Email:***@spendid.io Email Verified
Tags:Budget
Industry:Financial
Location:Birmingham - Alabama - United States
Subject:Products
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Page Updated Last on: Sep 01, 2022



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