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MoneyStat

Your own pocket sized Personal Finance Assistant

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MoneyStat

MoneyStat

MoneyStat

MoneyStat

MoneyStat

Your own pocket sized Personal Finance Assistant

Your own pocket sized Personal Finance Assistant

Your own pocket sized Personal Finance Assistant

Your own pocket sized Personal Finance Assistant

Josh Willis
Josh Willis
Josh Willis
Josh Willis
1 Campaign |
Springfield, United States
$353 USD 12 backers
2% of $15,000 Fixed Goal Fixed Goal
Choose your Perk

Believer

$1 USD
Est. Shipping
February 2016
1 claimed

Voice

$5 USD
Est. Shipping
October 2015
0 claimed

Early Bird Subscriber

$25 USD
Est. Shipping
February 2016
3 out of 100 of claimed

Subscriber

$40 USD
Est. Shipping
February 2016
0 claimed

Beta Subscriber

$50 USD
Est. Shipping
November 2015
4 out of 100 of claimed

Walking Ad

$50 USD
Est. Shipping
February 2016
1 claimed

Early Bird Long Haul

$100 USD
Est. Shipping
November 2015
0 out of 100 of claimed

Long Haul

$100 USD
Est. Shipping
February 2016
0 claimed

Committed

$500 USD
Est. Shipping
November 2015
0 out of 10 of claimed

The Idea

Hello, my name is Jacob Willis, and I am the creator of MoneyStat.

Personal finances used to be such a burden for me when I was younger. A few years ago, I created a custom budget spreadsheet to make things a little easier. For the most part, it helped me to know how much money I had available at any point in time so that I didn’t accidentally spend too much and overdraft my account. Over the years I tweaked and improved it so that it did most of the organizing automatically. As helpful as it was, I realized that spreadsheets are still very limiting. I wanted an app that I could access anytime on my smartphone, that had calendar reminders built in, and that basically did all my budgeting for me. I looked around for an app that could take care of those needs, but I wasn’t able to find one. Most apps or budget programs out there function on a monthly basis and don’t account for the fact that most people are paid biweekly, so paychecks never line-up. They also don’t factor in things like grace periods and late fees. I wanted an app that did what my spreadsheet did, but with all the benefits that you get with an app, so I decided to just create one myself. That app is MoneyStat.

This campaign will help me and the amazing development team I am working with to get MoneyStat off the ground. This is something that I have been dreaming about and working on for years, and we have all the designs, functionality, and formulas figured out. It’s become so much more than just an idea, and we’re super excited about it! What we need from each of you now is your support so that we can hit our goal and make MoneyStat a reality so others can realize freedom from finances that I've experienced! We can’t do it without you!

What It Will Cost

The app will be FREE and that's why we need your help, to get this amazing FREE tool into everyone's hands. We decided this was too big of an idea and too important of a need to make everyone pay for it. So we decided to keep the basic version of the app  100% free to anyone with a smartphone or tablet device. We will NOT be selling or giving away anyone's data! PERIOD! What is on your device stays on your device and that's it.

To help sustain the company and keep the product growing we will be offering a premium monthly Cloud Sync service for $4.99/Month that will allow you to access your financial data in MoneyStat on multiple devices, share a single account with your significant other, help teach your kids how to budget and teach them sound financial practices, and give you access to a wealth of additional data and statistics about your financial habits. Everything will be kept secure, safe, and encrypted. We are still committed to your privacy and will NOT be selling or giving away anyone's data! PERIOD! It's your data, and your privacy. Reporting information will all be calculated and generated on the fly. Information stored will be kept to a minimum and what we can encrypt we will. We'll be using this too and will protect your data with as much care as we do our own!

What We Need

We feel that MoneyStat is too important to not give it 100% of what it deserves, so we have decided to launch our campaign with fixed funding. We will only receive the funding if we reach our full goal of $15,000, which will cover MoneyStat’s programming and development. This task will be completed by ThinkDigital.io, a local development team with many years of experience. The members are hard workers, and I personally know and trust each one of them. Feel free to check out their website to learn more about them yourselves!

What You Will Get

When you pre-order MoneyStat, you can expect the following unique features, and more!

Platforms We're Targeting

We're targeting iPhones running iOS 8 and higher and Android devices running Jelly Bean / 4.2 and higher. In addition any subscribers to the MoneyStat Secure Cloud Sync service will be able to use the service on a web browser on any modern device, smartphone, tablet, laptop, or desktop.

iPhone

Android

iOS 8+

Jelly Bean 4.2+

Devices this should include are 

  • iPhone 4S
  • iPhone 5
  • iPhone 5C
  • iPhone 5S
  • iPhone 6
  • iPhone 6+
  • Samsung Galaxy S3 / S4 / S5
  • Samsung Galaxy S6 / S6 Edge
  • Samsung Galaxy Note3
  • Motorola Moto G
  • Moto X
  • LG G4
  • OnePlus 2
If you have a question about whether your device will be supported drop us a comment and we'd be happy to answer it for you. Eventually we want to support every device and platform and we have some stretch goals in mind to work towards that. Our next platform we would target would be Windows Phones and then Tablets for all 3 platforms. 

The Projected Features

Bill Reminders

Bill reminders with custom alerts to help you keep track of due dates. Has a calendar view as well as the main list view of transactions in order by due date. Never accidentally forget about or pay a bill late again.

Budget Assistant

Calculates the most efficient, cost-effective and timely way to pay bills based on your current balance and budget. If you fall short, MoneyStat will calculate the best adjustments to compensate; in essence, it is predictive budgeting.

Quick Receipts

Easily and quickly track your daily transactions. Depending on how advanced we are able to make the program, this will be done through easy manual entries, receipt scans, or bank account access that does everything for you.

Check-to-check Plan

Adjusts budget categories based on your pay schedule, not monthly like most other budget programs. Also calculates ahead and adjusts budget accordingly for bills that don’t match up with your pay schedule.

Money Statistics

Know your spending habits so that you can adjust either your habits or your budget accordingly. If you consistently spend more on a particular category than you have budgeted, it will alert you so you can either increase that category’s budget or adjust your spending. If you spend money consistently on a non-budgeted category, like movie theaters, fast food, etc., then it will recommend a new budget category. Knowledge is power, so knowing your budget in depth is the best way to control it.

Debt Tracker

Tracks your progress for paying off debts and calculates which debts to put extra money towards or to pay off first so you can save the most money.

Late Payment Logic

Lets you know when to pay bills late. If your account is projected to go negative, MoneyStat will instead suggest a late payment for the bill with the least expensive late fee. For example, late fees for cell phone bills are usually around $5, whereas for credit cards they are usually around $25.

The Impact

“Where the heck did all my money go?” Since MoneyStat's conception, this phrase rang true with everyone who we determined to help. We realized that we ALL need to manage our budget more efficiently, but in a way that is actually applicable to real life. So many people, maybe your close friends, could’ve saved their homes or at least put food on the table if they had just been able to get their money problems under control. But we all go through that; the reality is that we (us, the MoneyStat creators and developers) have had to live paycheck-to-paycheck ourselves, so we set out to offer everyone the opportunity to experience REAL financial stability and be able to do what they choose with their money. Let us help bring you one step closer to a complete peace of mind that we wholeheartedly believe all should be able to enjoy.

Risks & Challenges

There are always hurdles when you have a vision and genuinely want it realized and working just as you thought it would. Nothing goes exactly to plan, but we can certainly do our best to make the plan go as smoothly as possible. But one of the biggest challenges that we have is to build our name as a reputable, reliable source for budgeting solutions. We understand why people might be weary to enter personal information like account numbers and such, after all these are your finances and your good name. We get all that, and that is why we are working with more than capable ThinkDigital to go through all the specs and security so that when people use our product, they know they can really put their trust in MoneyStat. Furthermore, we are working deeper with ThinkDigital’s marketing department to really let people know that when it comes to a personal financial assistant, there is no comparison to MoneyStat!

Other Ways You Can Help

We understand that not everyone can monetarily contribute large sums to our vision, but that’s not the only way to help us reach our goals! We need you to journey with us, and help share our story! There are already share tools attached to the campaign, so go ahead and utilize those! But don’t just stop there! Talk to people about it, share it on your social media accounts, let people know how much MoneyStat helped your own finances and help spread this entire idea of personal financial management and peace of mind so that we can actually make it a reality! It’s all hands on deck to help bring this to life!

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