Usefirst

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

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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.
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Usefirst gallery image
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Usefirst gallery image
Launch tags:iOS•Fintech•Artificial Intelligence
Launch Team
Anima Playground
AI with an Eye for Design
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What do you think? …

Constantine Ignatenko
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!
Bryce Porter
Any idea on when this will be available on Android devices?! I'd love to try it!
Constantine Ignatenko
Maker
@bryce_porter Thank you! The Android version will be available in a few months. We really want to release it as soon as possible.
Maxim Vialyx
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
Pascal Légaré
Nice product, very useful right now.
Dan Pantelo
How does this work for a large portion of Americans who just lost their jobs? How do you factor income loss into the models?
Constantine Ignatenko
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!
Justin Crews
Excellent work guys!
Vadim Gedich
Maker
I'm happy to take part in this project!
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