Usefirst

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

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.
discussion
Would you recommend this product?
9 Reviews5.0/5
Constantine Ignatenko
Maker
Co-founder @ Usefirst.me
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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Maxim Vialyx
Maker
CTO Co-founder @ Usefirst.me
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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Maxim KroukiOS/macOS Software Engineer
I wish I could try this product in Belarusian AppStore, but it's not available 😔
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Constantine Ignatenko
Maker
Co-founder @ Usefirst.me
@maximkrouk No problem! Please email me and I'll send you the app in TestFlight. I'd just like to emphasize that the model works only for the US market. To predict a future net worth of a Belarusian resident, we'd need to adjust all our coefficients to the Belarusian economy. It's a lot of work complicated by the particularities of that economy. For example, it's a very difficult task to predict the future inflation rate of the Belarusian ruble. Also, we can't rely on historical data in case of the ruble. However, one of the biggest issues is a lack of accurate statistics and demographics data related to financial management. Our model is not universal. We need to adjust it for every market where we launch. So if you're outside of the US you can try the American dream feature just for fun. We really want to make the app available in the EEA and other countries. It requires a lot of data science work. I believe it's just a matter of time.
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@constign Focusing on "American Dream" is not super reliable right now. Make this app available for other countries as well, and adjust the budgets according to each country. That'll make the app way cooler and obviously a lot of more people will download it for sure. There aren't resources for a lot of people to tools like this. Entrepreneurs aren't only based in the US. I've met several young entrepreneurs who already worth about $5 million and don't even think about moving or relating to the US.
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Constantine Ignatenko
Maker
Co-founder @ Usefirst.me
@squealandpayme thank you so much for your feedback! We really want to launch it outside the US. It's just a matter of time. We're already compliant with PSD2 (Open Banking) to release the app in the EEA, but we need some time to adjust our predictive models to each European market. Thank you a lot!
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Any idea on when this will be available on Android devices?! I'd love to try it!
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Constantine Ignatenko
Maker
Co-founder @ Usefirst.me
@bryce_porter Thank you! The Android version will be available in a few months. We really want to release it as soon as possible.
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Nice product, very useful right now.
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