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Tuesday, September 20, 2016 10:56:36 AM
That their magical financial app that's "the only app you'll ever need" is going to set the world on fire?
People already know how to save, and there are THOUSANDS of financial apps available. https://itunes.apple.com/us/genre/ios-finance/id6015?mt=8
But somehow THIS ONE'S going to replace ALL apps? GET F'N REAL!
Even the description sounds like bullshit.
With Accrue everyone can save without mental tax or fiscal know-how. Users just need to know a few things to get started: how much is my net pay, and what’s my pay cycle? If they have a savings goal they can get started that way as well: Accrue can calculate how realistic that goal is or how close you're able to get to that goal.
Accrue can help in other ways as well, like saving for special occasions. With the start/stop date feature, it’s now possible to start saving for Christmas in January and not feel the gaping hole in your wallet. The best part is that it works for all income levels because Accrue was designed for the most need-based of income levels. You can also use it to pay bills that are due for the upcoming month, and forget about never having enough to make ends meet.
The app uses change and compounds it using an exponential numeric value. Then every day thereafter- doubling the previous day's amount and depositing the funds in the user's savings account. The user must do a few things to set up the accrual process, but what it doesn’t ask is that the user deviate from their current way of living, provided that you're immediately employed. The app assumes that you will be working no matter what. This allows a user to do this by using the most basic of all currencies: sub-currency, change. We use only change, the largest of which being a quarter.
BTW, good luck reading that on their website - the moving background made me feel nauseous!
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