Budget and finance tools as a class operate under the idea that money is fungible. One of those differences between how economists believe people operate vs how they really do
The people I know who could benefit most from budgeting do not think of money as fungible. They mentally allocate different incomes to different spending categories
This seems like an opportunity for a tool to break the mold and offer a solution that fits how people feel about money vs how they “should”
The people I know who could benefit most from budgeting do not think of money as fungible. They mentally allocate different incomes to different spending categories
This seems like an opportunity for a tool to break the mold and offer a solution that fits how people feel about money vs how they “should”