Winnie: Savings Goal Tracker — ASO

By Austin Beckett on AppTrack Ninja.

Simple Budget App Alternative

Track savings. Not expenses. Budgeting and expense tracking doesn't work the way we think it does: - A Duke University study of 9,035 people found a 0% difference in financial outcomes between budgeters and non-budgeters - 84% of budgeters exceed their budget regularly, causing demotivation and a sense of failure - 73% of budgeting app users give up after 1 week; 97% stop within 1 month Why? Nobel Prize-winning research by Daniel Kahneman shows we feel losses 2.25x more strongly than gains. When you log an expense, you relive the pain of spending that money all over again — you feel the loss …

Categories: Finance, Lifestyle

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