money&me

In response to "How do you learn about money?"

Talking to people,Social Media,Google

In response to "Who is your financial role model and why?"

my significant other, he is well-versed with financial matters and teaches me about it.

In response to "What are some examples of in-app purchases you have made?"

I rarely do, but when i was younger i did a few purchases in a streaming platform (v-live)

In response to "How do you learn about money?"

Talking to people,Social Media,Google

In response to "Who is your financial role model and why?"

No specific person so as to say, but i do envy people who have clear financial milestones. More specifically, the \"early retirement gurus\". Its reassuring to know that financial freedom is achievable in our current society, and it motivates me to work toward that, and helps motivate me through the sacrifices that i need to make.

In response to "What are some examples of in-app purchases you have made?"

Streaming subscription services, Ad-free services, and very rarely, game related purchases.

In response to "How do you learn about money?"

Talking to people,Google

In response to "Who is your financial role model and why?"

Parents and family members

In response to "What are some examples of in-app purchases you have made?"

E-commerce purchases

In response to "How do you learn about money?"

Talking to people,Social Media

In response to "Who is your financial role model and why?"

My friend, good at organizing savings

In response to "What are some examples of in-app purchases you have made?"

Netflix

In response to "How do you learn about money?"

Google

In response to "Who is your financial role model and why?"

my parents bc they use money very wisely

In response to "What are some examples of in-app purchases you have made?"

none as i don\'t find them necessary

In response to "How do you learn about money?"

Talking to people,Social Media,Google

In response to "Who is your financial role model and why?"

I do not have a specific person in mind, but my financial role model would be a successful financial advisor. Financial advisors are trained and certified in various aspects of financial planning, including wealth accumulation, risk management, estate planning and retirement planning. They are a great source of knowledge regarding personal finance management. Perhaps your group could consider working with financial planning agencies.

In response to "What are some examples of in-app purchases you have made?"

In-game currency. Especially gems in SUPERCELL games. In addition, I purchase access to greater content and features (e.g Spotify Premium/ LinkedIn Membership)

In response to "How do you learn about money?"

Social Media

In response to "Who is your financial role model and why?"

My Dad. He works hard to support the whole family and used his financial wits to purchase 2 condos.

In response to "What are some examples of in-app purchases you have made?"

Tableau, Linkedin, youtube

In response to "How do you learn about money?"

Talking to people,Social Media,Google

In response to "Who is your financial role model and why?"

Youtubers like Ali Abdaal who have shared how they earn money and save money effectively. He is my role model because he taught me the importance of investing, having multiple income streams etc. in order to accumulate more wealth and be financially-equipped to do the things I want without any worry.

In response to "What are some examples of in-app purchases you have made?"

Ordering on grabfood and food panda, buying tech stuff online.

In response to "How do you learn about money?"

Talking to people

In response to "Who is your financial role model and why?"

Friends of the similar age group being able to afford a house at the age of 30

In response to "What are some examples of in-app purchases you have made?"

Online shopping on overseas platforms

In response to "How do you learn about money?"

Social Media

In response to "Who is your financial role model and why?"

kelvin learn investing

In response to "What are some examples of in-app purchases you have made?"

game credits

In response to "How do you learn about money?"

Talking to people,Social Media,Google

In response to "Who is your financial role model and why?"

No one. Just make your own decisions after you have got the information from various sources.

In response to "What are some examples of in-app purchases you have made?"

NA

In response to "How do you learn about money?"

Social Media,Google

In response to "Who is your financial role model and why?"

Online personalities/ YouTube financial gurus

In response to "What are some examples of in-app purchases you have made?"

Nil

In response to "How do you learn about money?"

Social Media,Google

In response to "Who is your financial role model and why?"

I don’t have a particular role model since I am not really familiar financial sector. But I would really love to know more.

In response to "What are some examples of in-app purchases you have made?"

Nothing. It kinda scares me to be honest

In response to "How do you learn about money?"

Talking to people

In response to "Who is your financial role model and why?"

Buffett! He is frugal.

In response to "What are some examples of in-app purchases you have made?"

Subscriptions

In response to "How do you learn about money?"

Google

In response to "Who is your financial role model and why?"

financial influencers on youtube, weebsites

In response to "What are some examples of in-app purchases you have made?"

clothes

In response to "How do you learn about money?"

Talking to people,Google

In response to "Who is your financial role model and why?"

Family members

In response to "What are some examples of in-app purchases you have made?"

Rarely purchase in-app purchases

In response to "How do you learn about money?"

Google

In response to "Who is your financial role model and why?"

Steve Jobs. He is a businessman and he focus on making a good product that customers wants.

In response to "What are some examples of in-app purchases you have made?"

Grab, App Store, Food Panda, NTUC.

In response to "How do you learn about money?"

Talking to people,Social Media,Taking a course,Google

In response to "Who is your financial role model and why?"

seniors (40s) with assets (e.g. property) and passive income stream. More flexibility on how they spend their time and money.

In response to "What are some examples of in-app purchases you have made?"

Shopping apps, grab passes

In response to "How do you learn about money?"

Talking to people,Social Media,Taking a course,Google

In response to "Who is your financial role model and why?"

None, because I don\'t see the need to have a financial role model.

In response to "What are some examples of in-app purchases you have made?"

E-vouchers for foodpanda, shopee, etc. Games, clothes, etc

In response to "How do you learn about money?"

Talking to people,Taking a course,Google

In response to "Who is your financial role model and why?"

I would say a financial role model is someone who is able to manage their finances well and has a keen eye for investments and opportunities. I would say that someone who is confident, daring and meticulous would be my role model, such as my uncle.

In response to "What are some examples of in-app purchases you have made?"

I have made purchases for certain computer games such as Dota 2 and also mobile games like Candy Crush.

In response to "How do you learn about money?"

Talking to people,Social Media

In response to "Who is your financial role model and why?"

Seedly, articles are informative along with a community filled with financial savvy gurus to share insights and answer questions posted by anyone with 0 to little knowledge about financial matters

In response to "What are some examples of in-app purchases you have made?"

None

In response to "How do you learn about money?"

Social Media,Google

In response to "Who is your financial role model and why?"

my parents, because they teach me about how to use money efficiently, differenciate between need and want.

In response to "What are some examples of in-app purchases you have made?"

a pro version of apps like duolingo, evernote, adobe acrobat as they are educationally important.

In response to "How do you learn about money?"

Talking to people

In response to "Who is your financial role model and why?"

My parents and other young adults around me who look like they \"got it together\'

In response to "What are some examples of in-app purchases you have made?"

Shopee, Clothes

In response to "How do you learn about money?"

Talking to people,Social Media,Google

In response to "Who is your financial role model and why?"

wokesalaryman, financial independence and doing a job that one\'s enjoys!

In response to "What are some examples of in-app purchases you have made?"

NA

In response to "How do you learn about money?"

Taking a course,Google

In response to "Who is your financial role model and why?"

My dad. He provides for the family

In response to "What are some examples of in-app purchases you have made?"

None caz im broke

In response to "How do you learn about money?"

Social Media,Taking a course

In response to "Who is your financial role model and why?"

Vishen Lakhiani

In response to "What are some examples of in-app purchases you have made?"

Nil

In response to "How do you learn about money?"

Talking to people

In response to "Who is your financial role model and why?"

My wife.She\'s tight with money and plans well.

In response to "What are some examples of in-app purchases you have made?"

Clothes,shoes,food etc

In response to "How do you learn about money?"

Talking to people

In response to "Who is your financial role and why?"

Do you mean financial role model? The Woke Salaryman provides very practical advices that are relevant and fun to digest

In response to "What are some examples of in-app purchases you have made?"

I don\'t buy in-app purchase

In response to "How do you learn about money?"

Google

In response to "Who is your financial role and why?"

I guess that this question is asking about financial role model*? I guess it would be friends who are financially savvy and invest prudently as financial independence is the rage nowadays in our generation and FIRE is the new norm

In response to "What are some examples of in-app purchases you have made?"

Gems in games on iphone as well as virtual classes during the pandemic

In response to "How do you learn about money?"

Talking to people,Social Media,Google

In response to "Who is your financial role and why?"

Reviews and feedback firsthand from people who has gone through the experience, as they would know to give better advice.

In response to "What are some examples of in-app purchases you have made?"

Rarely, but mostly tiny purchases on games.

In response to "How Can We Improve?"

Come up with a survey to estimate & plan out the expenditure budget (e.g. disposable income, transport, food, emergency fund etc) for users.

In response to "How Can We Improve?"

I really like the concept of your app, and i do find the content to be very relevant and useful, especially since the content in question are not as accessible to the younger generation currently. I didnt get started in caring about my finances until the people around me brought awareness to it. Even then, it was really hard to distinguish valuable advice from predatory actors, who are trying to preach the way to earn \'a quick buck\'. Thus, i think if there is a platform to curate the content, it would be attractive to users.

In response to "How Can We Improve?"

Team can review how the proposed app complements or value-adds above and beyond existing solutions like Glassdoor. Also, given that the app platform does not seem to add specific value to the product, having a mobile optimized website may reduce barriers to access for this proposal.

In response to "How Can We Improve?"

More information on the application

In response to "How Can We Improve?"

more offline workshops!

In response to "How Can We Improve?"

Overall, I feel that your project is relevant to today\'s youth and will improve financial literacy amongst students. I too believe that financial literacy can and should be inculcated in youths, even before they enter the working world. I shall list several areas of improvement for your project below: Firstly, to supplement the gamification of your app, your group could consider including the growth of a pet/plants to represent the \"level\" of your users. This could enhance the aesthetics of the app and possibly draw users in due to the cuteness of the avatars. Moreover, it can promote a somewhat competitive environment where friends compete to get the best pets or most bountiful garden. Youths could benefit from this game as they would be digesting bite-sized financial concepts as they grow their pet/garden. This can differentiate your app from similar financial websites such as Seedly. You could also add in a \"Friend Request\" and \"Chat\" feature to aid in levelling up the avatar. This can promote your app amongst users\' friends and encourage users to start networking and establish connections, a skill that is integral in the workforce. Secondly, to create a unique branding for your app, your group could stick to a particular colour scheme and art style. Pages like thewokesalaryman have created brand image because of their unique art style. Thirdly, you could include recommendations for short Tiktok or YouTube videos addressing financial literacy, maybe even consider creating animated videos! Youths are more inclined to watch short videos and animations, as compared to reading chunks of words in an article. I wish your group all the best in your endeavours!

In response to "How Can We Improve?"

- 1 bite-sized fact per day -Sharing of personal financial success stories to inspire -A budget app to manage and track expenses -Links with financial education institutions on financial literacy courses -Link up with Banks on their savings and investment offerings

In response to "How Can We Improve?"

I think it\'s a great idea because many students like me are interested in learning how to manage our finances. However, there are already many similar apps or platforms available that have the same function like seedly or financial youtubers creating content to share with their viewers. Therefore, I think the app needs to have its own unique features that stands out from the rest.

In response to "How Can We Improve?"

collab with prominent financial bloggers to do live sharing/ article writing

In response to "How Can We Improve?"

My younger siblings are getting their financial know-how from websites, forums, podcasts and they seem to be doing well financially. I don\'t see what is lacking from this various sources that I need to download your app.

In response to "How Can We Improve?"

Another financial topic that people think a lot about nowadays is investing. It would be great if you guys could create a scamless safe space where people can share their knowledge on these kinds of topics as well. I am concerned that this information might be misused or might be used to spark toxic debates. So you guys can think about ways you could prevent this from happening.

In response to "How Can We Improve?"

Interesting concept, UX would be very important if you\'re aiming to start with an app. I would personally think that a website would be a better starting point for all users.

In response to "How Can We Improve?"

I like the idea of using game and rewards to encourage users to learn financial knowledge. With better financial knowledge, users can make wiser decision about investment, savings and spending. Can get more partners to sign up to encourage financial literacy and also allow users to share knowledge with each other in the app chat forum.

In response to "How Can We Improve?"

Could consider to complement the app with workshops, reading materials. Great to have partners on board like Citi Foundation, Mendaki. Need to commit to standing out among the many existing financial literacy blogs / influencers (e.g. wokesalaryman, sgbudgetbabe) - perhaps this may be more age group, youth oriented. Like how minimizing spending, debts, holidays can go a long way after graduation...

In response to "How Can We Improve?"

What differs this app from Google? Any kind of personalisation for the user to keep coming back weekly? Or any kind of activities to engage a learning point? Maybe some weekly fun facts about SG financial system to allow the users to be more informative about what\'s happening in our country? Some possible additions to the app would make this app more useful to the users.

In response to "How Can We Improve?"

You can perhaps think about the revenue generation method for this application as mentors would expect to be financed (unless they are volunteers). What credentials should one have to qualify as a mentor? Also, will the community engagement platform be regulated by anyone? (as there might be misuse of the platform to communicate other agendas/market other unrelated products) Finally, is extrinsic motivation in the form of reward systems sustainable in the long-run? Will youths develop long-term confidence through the usage of this application? Overall it is a well-rounded idea with potential for growth.

In response to "How Can We Improve?"

Collaborate with industry specific employees/leaders/managers to understand baseline pays for fresh graduates, pay scales are different depending on different roles and industries

In response to "How Can We Improve?"

Financial advice can be very subjective and different for different individual, and also for different income levels. Am more curious how the platforms will make sure that youths from different backgrounds can understand the financial advice - for example, the way the advice is curated, will it be understandable to the layman? Which also means that your \"relevant to the unique life stage and needs of users\" has to be very diverse? Or very accurate. Am curious how the platform will achieve the aims of being a \"safe space\" because I can\'t see it from the description now. \"Power of community\" --> does it mean that sharing information will entitle the users to gain more points? (Eg. shopee)

In response to "How Can We Improve?"

For a small team, creating an app from scratch might be an overwhelming amount of work. beyond UI/UX, there is also user acquisition in an already crowded app space.. perhaps the team can explore creating a prototype on a telegram group to test out the demand for such a content platform. There are existing platforms and groups on social media like reddit and facebook and telegram. I am not sure if there is a significant value-add or differentiator that would make people jump to your app instead... perhaps more research can be done to understand the user journey and needs before jumping into an app as it is a huge investment of time and money. Also, the sustainability of such an app will mean a constant churn of content to keep up with changes in the economy, govt regulations, etc and that would require a team and funding. the revenue source for this project is unclear.

In response to "How Can We Improve?"

Have good financial advices (everyone stick to ur new year resolutions) :)

In response to "How Can We Improve?"

Connect this to banks possibly, and be clear about the selling point as I believe some bank\'s digital apps include similar info but the team\'s progress is awesome so far!!

In response to "How Can We Improve?"

You identified a real issue that youth value salary as one of the top three factors in careers. This is in accordance to the latest youth survey by TODAY. I am unsure what does financial decisions mean in this context. You might want to elaborate more on how does this relates to financial decisions? It sounds like it is a platform to guide youth on negotiation of salary based on the work.

In response to "How Can We Improve?"

I think that this idea is similar to a seedly and a reddit focusing on FIRE. (Financial independence, retire early). It is also to my firm conviction that the app could possibly have a forum of sorts to let people discuss money and income so that people are more well aware and informed on the differing income levels in various industries as well as what are the latest investment trends so that fellow singaporeans can learn from each other. Also, it will be good to have articles relating to personal finance as well and budgeting, insurance, credit cards, stuffs that are imperative to the everyday worker and how to be more financially savvy and prudent. Overall, keep up the good work! :)

In response to "How Can We Improve?"

Love the mobile app to track financials and recommend how to spend. Would also love a \"forum\" so people can find out more about salaries and experiences about the different occupations in Singapore, where perhaps people can make posts and comment. The idea can be played around with. Would make the app more personal I think. Overall love the work!