4 ms·
Co-founder here - excited to get feedback! We look at your entire financial picture for free and tell you exactly what to do with your money: which credit card
by cgoodmac 4y ago
Co-founder here - excited to get feedback!
We look at your entire financial picture for free and tell you exactly what to do with your money: which credit card to use; how much to save and where to invest it; how to optimize your taxes, and so on. We've fairly conservatively found an average $1.5M in net worth for our users so far.
We wanted to finally solve personal finance and we think we have the right approach: combining really powerful automation and tooling with a human expert in the loop to make sure our recommendations are actually good.
Note: we're US only for now and focused on single young professionals - we're optimized for this base case - so if you're married/with kids you'll get a notice that we'll reach out to you as soon as we can serve you. (Sorry! We’re going as fast as we can!)
Please write in “Hacker News” for "How did you hear about us?" and that will automatically bump you to the front of the waitlist. We’re scaling up, so if you do this, we should be able to get to you pretty quickly (depending on demand).
Feel free to send feedback/questions here! chris@uprise.us
- cl42 4y agoInteresting product! What do you mean by "found an average of $1.5M in net worth for our users"?
- cgoodmac 4y agoGreat question! Basically we take where your finances currently are and calculate where they would be around retirement if you made no changes vs. where they would be if you applied our optimizations. The value comes from: (1) tax advantages, (2) free money from employer benefits, (3) investment compounding, (4) increased earnings, and (5) fee savings. We’re generally assuming our recommendations are implemented for 5 years and tax-advantaged retirement and health savings recommendations are totally invested until retirement at the age of 67. For debt stuff, we’re assuming recommendations are implemented until the debt is paid off. For everything else - switching credit cards etc - we’re assuming the change is implemented for 5 years.
- fergbrain 4y agoDefinitely would be interested in a single income (wife is SAHM) with kids base case.
- cgoodmac 4y agoNoted! Thanks for the input - if you add yourself to the list we can keep you posted when we’ve built your case!
- Spunkie 4y agoI signed up with a gmail account before I saw your comment about the priority queue so I signed up again with my custom domain(via.icu). The signup form looks like it accepts it but actually it never sends me the "You’re on the list!" confirmation email.
- cgoodmac 4y agoYup I see you! Thanks for the heads up - will look into the email issue!