Usefirst

Find out when you'll be worth $1 million and how to make it

7 followers

Find out when you'll be worth $1 million and how to make it

7 followers

Usefirst predicts your future net worth by different financial management scenarios. Then it provides you with a personalized financial plan and helps you develop good financial habits. Usefirst helps you make your American dream come true earlier.

Launch tags:iOS•Fintech•Artificial Intelligence

Launch Team

EneyProactive AI for Mac. Free test, 20,000 credits.

Promoted

Usefirst

Maker

Hey Product Hunt, I’m Constantine, co-founder of Usefirst. Do you know when you’ll be worth $1 million? When will your financial dreams come true? Our app not only answers these questions but also helps you achieve financial well-being. Take a look at this cartoon: https://ibb.co/9nLGRyr. Do you think it’s funny? This cartoon highlights the reason why we’re here. I believe financial planning is handicapped and not disrupted yet. Usefirst will predict your future net worth after applying different financial management scenarios (bad and good ones), taking into account your lifestyle and financial behavior. We’ve analyzed a tremendous amount of data to build our model. It’s a result of research covering statistics, demographics, macroeconomics and behavioral economics. Yes, it's pretty complicated itself, but please don't be afraid. All you need to do is just to connect your bank accounts (we use Plaid), enter your assets and liabilities and answer a few questions. It won't take more than 5 minutes. While everyone is expecting a recession, wealth problems everywhere are escalating. People are starting to think more carefully about how to spend their money. We want to help people. For example, our daily budget feature will help you build a savings habit by controlling daily spendings. Please take into account that subscription cancellation and bill negotiation (to be released soon) services are currently in beta. We will also have some very interesting updates soon. Your feedback would be extremely valuable for us. I believe we can create great things. I dropped out of university and quit a great job to launch Usefirst. Please feel free to share your thoughts by emailing me at constantine@usefirst.me or writing comments below. A limited offer for a 6-month subscription that gives a 45% discount is available during this month. If you contact us via our in-app chat and mention @ProductHunt, we'll give you an extra discount. Thank you all!

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6yr ago

Experimental Method

How does this work for a large portion of Americans who just lost their jobs? How do you factor income loss into the models?

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6yr ago

Usefirst

Maker

@danpantelo Thank you for your wonderful question! Our model takes into account various risks, such as an unexpected financial crisis. It's one of the reasons why we say that our predictions are a bit pessimistic. A risk related to up to a 2-year (on average) significant income loss is already taken into account (there are some exceptions). It's a risk by default. Thanks to the U.S. departments and agencies, we have pretty good statistics. We're working on making our model much more dynamic. To provide an accurate prediction, we need some time (at least 3 months) to analyze users' transactions. It significantly helps us understand users' financial situation in order to provide you with much more accurate predictions as well as a better financial plan tailored to your unique lifestyle and financial behavior. We haven't implemented our model into the mobile app to the fullest extent yet. Some bottlenecks like having a zero early income after 25-27 years old are not included (but some cases are already included). We're having a new version with new features in thenearest future. Also, a lot depends on the data we retrieve from the bank accounts you connected to Usefirst. Also, our daily auto-budget feature can be really handy while people start thinking very careful about their money. This feature helped me a lot while travelling. Thank you so much for your question!

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6yr ago

Making Today

I earn $ but not living in the US since I can’t download the app I couldn’t use it. Sorry but maybe you should let people download it and explore even if it only makes sense when we live in the US, I’d still want to try it for fun without being in need of emailing you to get the app in TestFlight.

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6yr ago

Usefirst

Maker

@pinquitte Thank you for your feedback! I agree with you. We should have published a TestfFlight link to let the community try the app outside the US. My bad. We'll accelerate our researches to release the app outside the US in the near future. Thank you so much!

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6yr ago

Predict Your Future in Notion

Love this concept! I downloaded the app, but I'd love to be able to preview what the application does before I hand over my name, email, assets, and banking information. Super hesitant to give you all of that with no background but the PH post :)

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6yr ago

Usefirst

Maker

@quinnrobertson1 thank you so much for your feedback! We're going to implement a demo mode soon so that any user could see what the app does before signing up. It's going to be super helpful. Thank you!

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6yr ago

Usefirst

Maker

Hey guys, I'm Maxim, CTO at Usefirst. It'd be great to hear your thoughts on our app. If you have any questions, just let me know

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6yr ago

Hi @constign,Maxim Vialyx & the Usefirst team, This is Jairo, at Meveto. I love what you're doing with Usefirst, it looks like an awesome product. I'm excited to try it out. I wanted to see if you're open to a collaboration. Security I'm sure is really important to you, and we have a product you can integrate for free to securely authenticate your users while removing the use of passwords altogether. I'd love to connect and see if we can work together to propel our companies forward. Thanks! Best of luck! Jairo

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6yr ago