One of the problems with saving money is that people are not willing to do it because it might seem like a complicated process. With an application such as Wealthfront, users can easily figure out how much money they can save from their current earnings.
Wealthfront automates the process entirely, which means that users don’t have to worry about anything. It’s using a system called passive investment, which in theory should be low-risk, but long-term.
The application also looks daily at the stock market, at individual stocks, and there is also the option to go for riskier options, which should generate more money.
- Invest your money
- Save money automatically
- Check out how much money you saved at any time