Y
HN Search
Hacker News Search
new
|
comments
|
top
|
jobs
natwash2
searching PlanetScale…
1.
▲
2.
▲
3.
▲
4.
▲
5.
▲
6.
▲
5 ms
·
1.
▲
by
natwash2
10y ago
Great question! Most other "round up" apps send your money towards savings or investing. The problem is that most people pay 6%+ interest on their various forms of debt, while barely earning a 1% interest from a savings account. W
2.
▲
Show HN: Qoins' new iOS app. Round up purchases to pay debt
(itunes.apple.com)
6 points
by
natwash2
10y ago
|
2 comments
3.
▲
by
natwash2
10y ago
Definitely agree that moving the money into savings may not make the most sense. Unless the interest you earn in savings out-paces the interest you're paying on the loan, paying off the loan is always better. That's why we want to
4.
▲
by
natwash2
10y ago
Thanks for the feedback! Adding some simple math to show the benefits is a great idea. We're still gathering some data from our current users, so we'll be sure to add that once we have all of the data to show. Definitely agree tha
5.
▲
by
natwash2
10y ago
Thank you!
6.
▲
by
natwash2
10y ago
Hey there everyone, my name is Nate and I'm one of the founders of Qoins. (Pronounced "coins".) One issue that's always at the back of my mind is the amount of debt that I have to pay back. Between student loans, a car l
7.
▲
Show HN: Qoins – Pay off debt with spare change
(qoins.io)
14 points
by
natwash2
10y ago
|
7 comments