Which stats are the most important to track? Our roundtable this week focuses in on just one stat….and an article that says it’s the most powerful statistic of all for your pocketbook.
On the Freshbooks FinTech segment we talk about the recent issues at Digit. The popular savings app recently went from the fantastic price of “free” to $2.99 per month. There was huge fallout on the internet….over $2.99 per month. Is this an overreaction? What happens when apps pivot? We ask three industry insiders for their point of view, and boy do they bring it. Shane Steele from Chime, Mike Lentz from TipYourself, and Brad Lawler from the Draft app give us their perspective.
Thanks to SoFi and MagnifyMoney.com for sponsoring our show!
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Show Notes:
<> Open
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<>Today’s Roundtable Contributors/Our Topics
Rich Jones
Check out Rich’s website: PayChecksAndBalances.com
Say hello to Rich Jones on Twitter: @IAmRichJones
Paula Pant
Check out Paula’s site: AffordAnything.com
Drop a line on twitter: @AffordAnything
Greg McFarlane
Check our Greg’s site: Control Your Cash
Read Greg’s awesome book: Control Your Cash
Our Topics
- 4 powerful things that happen when you track your net worth (Young Yet Wise)
- Minimum Wage Math (Instagram)
- The Moneyologist: One of our kids wants $75,000 in loans paid off — my wife says no (MarketWatch)
<> Our Freshbooks FinTech Segment: Digit App Discussion
Check out Freshbooks FREE 30 day trial using this link. (Remember to write Stacking Benjamins in the “how did you hear about us” area!)
Today’s Freshbooks Discussion
The popular money saving app Digit has changed to a fee based platform.
- What’s in store for Digit?
- What makes a company switch to a fee based platform?
- What should you do if you currently use Digit?
Our Freshbooks roundtable will discuss these questions and more.
Brad Lawler – Draft is an investment analysis tool that uses crowdsourced data to help you understand and compare your portfolio.
Shane Steele – Chime is a bank that helps you save money not just by automating your savings, but rewarding for those savings.
Mike Lentz – Tip yourself is an app that allows you to transfer small dollar amounts from your checking accounts to a secure “tip jar” to reward yourself.
<> Join Us Monday
Jen Sincero, author of the NY Times Bestseller “You are a Badass,” will be in the basement.
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