Fundwise Q&A

General Questions

Q: What is Fundwise?

A: Fundwise is a personal finance app that helps you understand where your money goes without the guilt or complexity of traditional budgeting tools. We focus on building awareness and celebrating progress rather than restricting spending.

Q: Who is Fundwise for?

A: Fundwise is perfect for anyone who's ever looked at their bank account and wondered "where did it all go?" Whether you're tired of spreadsheets, fed up with apps that make you feel guilty, or just want to finally understand your spending patterns, Fundwise is built for you.

Q: What makes Fundwise different from other budgeting apps?

A: Unlike traditional budgeting apps that focus on restriction and guilt, Fundwise uses gamification, AI insights, and habit-building to make financial tracking actually enjoyable. We celebrate your wins, help you level up, and provide personalized insights that make sense for YOUR life.

Features & Functionality

Q: What are the main features?

A: Fundwise includes:

📸 Receipt scanning with AI categorization

🤖 AI-powered budget generation and spending insights

🎯 Gamification with XP, levels, achievements, and daily challenges

📊 Visual spending charts and predictions

💰 Savings goals with progress tracking

👥 Shared budgets for families, roommates, or partners

🔔 Bill reminders and notifications

🔄 Recurring transaction management

📈 Financial health score

🏆 Weekly recaps and milestone celebrations

Q: How does the receipt scanning work?

A: Just snap a photo of your receipt, and our AI automatically extracts the amount, merchant, and categorizes the transaction. No manual typing required!

Q: Can I share budgets with others?

A: Yes! You can create shared budgets with family members, roommates, or partners. Perfect for managing joint expenses without awkward money conversations.

Q: What is the gamification aspect?

A: We turn financial tracking into a rewarding experience with:

XP points for logging transactions and meeting goals

Levels that unlock as you progress

Achievement badges for milestones

Daily challenges to build habits

Streak tracking to keep you motivated

Q: How does the AI help me?

A: Our AI provides:

Automatic transaction categorization

One-click budget generation based on your income

Personalized spending insights and patterns

Spending predictions for future months

Actionable advice tailored to YOUR financial situation

Privacy & Security

Q: Is my financial data secure?

A: Absolutely. We take security seriously with bank-level encryption and secure cloud storage. Your data is private and protected.

Q: Do you sell my data?

A: Never. Your financial information is yours alone. We don't sell, share, or monetize your personal data.

Q: Can I delete my account and data?

A: Yes, you can delete your account at any time from the settings page, and all your data will be permanently removed from our servers.

Getting Started

Q: How much does Fundwise cost?

A: Fundwise is currently in alpha and free to use. We're building this WITH our early users and want your feedback as we grow.

Q: Do I need to connect my bank account?

A: No! You can manually add transactions or use our receipt scanner. However, we do offer optional bank account integration via Plaid for automatic transaction syncing if you prefer.

Q: How long does it take to set up?

A: Less than 5 minutes! Sign up, optionally generate AI budgets based on your income, and start tracking your first transaction. That's it.

Q: What if I've never budgeted before?

A: That's perfect! Fundwise is designed for people who haven't found success with traditional budgeting methods. Our AI can generate starter budgets for you, and our gamification system makes building the habit actually fun.

Using the App

Q: How often do I need to log transactions?

A: As often as you like! Many users find that logging expenses as they happen (or at the end of each day) works best. Our daily challenges and streak system help you build this habit naturally.

Q: Can I track cash transactions?

A: Yes! You can manually add any transaction, whether it's cash, card, or digital payment.

Q: What currencies are supported?

A: We support multiple currencies with automatic conversion and localized formatting.

Q: Can I set up recurring expenses like rent or subscriptions?

A: Yes! You can create recurring transactions that automatically process on schedule, so you never forget regular bills.

Q: What if I make a mistake entering a transaction?

A: No problem! You can edit or delete any transaction from your transaction history.

Advanced Features

Q: How do savings goals work?

A: Set a target amount and deadline for what you're saving towards (vacation, emergency fund, new laptop, etc.). Fundwise tracks your progress and celebrates when you hit milestones.

Q: Can I see spending predictions?

A: Yes! Our AI analyzes your spending patterns and predicts future monthly expenses by category, helping you plan ahead.

Q: What are daily challenges?

A: Daily challenges are small, achievable tasks that help you build better financial habits. Complete them to earn XP and maintain your streak! Examples: "Log 5 transactions today" or "Review your budget categories."

Q: How does the financial health score work?

A: Your health score is calculated based on factors like staying within budget, maintaining savings goals, and tracking consistency. It gives you a quick snapshot of your overall financial wellness.

Technical Questions

Q: What platforms is Fundwise available on?

A: Fundwise is a web application that works on any device with a browser - desktop, tablet, or mobile. Just visit the website and sign in!

Q: Do I need to download anything?

A: No downloads required! Fundwise runs entirely in your browser.

Q: Can I use Fundwise offline?

A: Currently, Fundwise requires an internet connection. Offline functionality may come in future updates.

Q: What browsers are supported?

A: Fundwise works best on modern browsers like Chrome, Firefox, Safari, and Edge.

Support & Feedback

Q: What does "Alpha Version" mean?

A: It means we're actively developing Fundwise WITH our early users. You might encounter occasional bugs or see features evolve quickly based on feedback. We're committed to making improvements and growing together with our community.

Q: How can I report a bug or request a feature?

A: We'd love to hear from you! You can find our Support Email in the Fundwise landing page!

Q: Will my data be safe during the alpha?

A: Yes! Even though we're in alpha, we maintain the same security standards. However, we always recommend keeping your own records as a backup during early development stages.

Q: When will Fundwise be fully launched?

A: We're currently in alpha, gathering feedback and refining features. We'll announce our official launch timeline as we progress. For now, we're focused on building the best possible product with our early users.

Philosophy & Vision

Q: Why did you create Fundwise?

A: Because we've all been there - staring at our bank account on the 25th wondering where the money went. We tried spreadsheets, guilt-trip apps, and mental math. Nothing stuck. So we built something different: a tool that makes financial awareness enjoyable instead of painful.

Q: What's the long-term vision?

A: We want to help people build lasting financial habits through awareness, not restriction. Fundwise should be something you WANT to use, not something you force yourself to use. If we can make tracking money as engaging as checking social media, we've succeeded.

Q: Why gamification?

A: Because habits stick when they're rewarding! Seeing your level increase, earning badges, and completing challenges creates positive reinforcement that makes financial tracking feel like progress rather than a chore.

Pricing & Future Plans

Q: Will Fundwise always be free?

A: Currently, Fundwise is free during our alpha phase. We may introduce premium features in the future, but we're committed to keeping core budgeting functionality accessible to everyone.

Q: What features are you planning to add?

A: We're actively listening to our community! Some features on our radar include more advanced analytics, additional integrations, mobile apps, and enhanced collaboration tools. Your feedback shapes our roadmap.

If you have anymore questions please just ask!