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(I'm a co-founder of BankSimple.) Once you tell our service about your savings goals, we're able to tell you what you can _safely_ spend. That means not dippin

by al3x 15y ago

(I'm a co-founder of BankSimple.) Once you tell our service about your savings goals, we're able to tell you what you can _safely_ spend. That means not dipping into the savings that you should be building, or putting yourself in a situation where you can't pay rent. We've done a lot of early customer development. Our features and approach are built from feedback from thousands of conversations. So, yes, a bunch of people do want to know how much money they can spend right now, but we want to let them know that in a way that won't harm them financially. Payments (wire transfers, etc.) are coming soon. If there's a banking feature you think could be done better, we're probably going to try to do it better :)

sambeau 15y ago
Hi ale3x, I think BankSimple is looking awesome. Have you ever tried the Payday iOS app? It works just the same (without the power of having a live bank behind it with searchable transactions): what you can safely spend (in our case daily), bills & savings (goals). It's a design I've personally wanted for years and ended up creating because no-one else did. If I'd waited 18 months I'd needn't have bothered! :) You should take a look as it might amuse you. http://itunes.apple.com/gb/app/payday/id351013628 http://itunes.apple.com/gb/app/payday/id351013628 p.s. will you ever launch in the UK?
jqueryin 15y ago
Could I get an option to opt out of seeing how much money is safe to spend? I'd rather not have a visual indicator that, in my eyes, is encouraging me that I can safely blow money. This goes without saying that I would've liked to see the video focus on more of the capabilities of Savings Goals. Let's say, for instance, that I don't have any savings goals setup. Does this mean that you're going to tell me all of my money is safe to spend? I'd really be interested in seeing how much extra $$ I can contribute to savings/401k/ROTH as opposed to how much extra I can spend. I'd like to be able to adjust numbers with sliders to see various outputs. Also, does this take into account having third party accounts? I have a higher yield savings account, so I would likely not use BankSimple unless it was comparable.

by al3x 15y ago

sambeau 15y ago

Hi ale3x, I think BankSimple is looking awesome. Have you ever tried the Payday iOS app? It works just the same (without the power of having a live bank behind it with searchable transactions): what you can safely spend (in our case daily), bills & savings (goals). It's a design I've personally wanted for years and ended up creating because no-one else did. If I'd waited 18 months I'd needn't have bothered! :) You should take a look as it might amuse you. http://itunes.apple.com/gb/app/payday/id351013628 http://itunes.apple.com/gb/app/payday/id351013628 p.s. will you ever launch in the UK?

jqueryin 15y ago

Could I get an option to opt out of seeing how much money is safe to spend? I'd rather not have a visual indicator that, in my eyes, is encouraging me that I can safely blow money. This goes without saying that I would've liked to see the video focus on more of the capabilities of Savings Goals. Let's say, for instance, that I don't have any savings goals setup. Does this mean that you're going to tell me all of my money is safe to spend? I'd really be interested in seeing how much extra $$ I can contribute to savings/401k/ROTH as opposed to how much extra I can spend. I'd like to be able to adjust numbers with sliders to see various outputs. Also, does this take into account having third party accounts? I have a higher yield savings account, so I would likely not use BankSimple unless it was comparable.