Goalsetter: Invest & Bank

Goalsetter: Invest & Bank Software


Company Name:

About: Goalsetter is a goal-based savings and gifting platform, made just for kids and powered by those who
love them.
Headquarters: New York, New York, United States.

 
  2023-12-19

Goalsetter Overview


What is Goalsetter?

Goalsetter is a mobile banking, debit card, and investing app that focuses on educating the next generation with fun financial quizzes based on pop culture, putting them on the path to financial freedom. The app offers a debit card for everyone, allowing users to learn to earn, spend smartly, and save. Parents can send money to their kids' and teens' debit cards, control when it's active, and have complete insight into their transaction's history. Families can establish smart spending and saving habits. The app also offers an investment plan called "Goalsetter Gold," allowing users to buy and sell stocks and Exchange-Traded-Funds (ETFs). The app offers financial literacy quizzes for all family members of all ages, chores, and allowance features, savings and goal tracker, and safety and security features.



Features


- Debit card for everyone

- Parents can send money to their kids' and teens' debit cards

- Control when the debit card is active

- Complete insight into transaction history

- Establish smart spending and saving habits

- Investment plan called "Goalsetter Gold"

- Buy and sell stocks and Exchange-Traded-Funds (ETFs)

- Education tools to learn more about the stock market and investing

- Financial literacy quizzes for all family members of all ages

- Chores and allowance features

- Savings and goal tracker

- Safety and security features

- FDIC insured up to $250,000 through our bank partner, Evolve Bank and Trust

- Uses 128-bit encryption

- Does not store any personal information

- Transfers can take up to 4 business days to settle

- Winner of an FDIC Award 2021

- Winner of JP Morgan Chase Financial Solutions Lab 2018

- Winner of Morgan Stanley Innovations Lab 2018

- Winner of FinTech Innovation Lab 2019



Official Screenshots


         


Product Details and Description of



this app is a mobile banking, debit card, and investing app that focuses on educating the next generation with fun financial quizzes based on pop culture, putting them on the path to financial freedom. Whether you're a teen wanting financial independence, a parent wanting to start saving with their kids, or an adult who wants to jump-start their financial literacy, we have features for every need. this app - Debit Card & Banking For All With this app, everyone can take control of their finances, learning money management skills to work their personal finances. With a debit card for everyone, you can learn to earn, spend smartly and save. Parents can send money to their kids' and teens' debit cards, control when it's active, and have complete insight into their transaction's history. Together, families can establish smart spending and saving habits. Our "this app" plan includes all features below except our "this app Gold" investment accounts. this app Gold - Investing & Stocks For The Whole Family "this app Gold" is our new brokerage plan allowing you and your family to buy and sell stocks and Exchange-Traded-Funds (ETFs). Not only will you be able to own a piece of companies, but you also have access to our education tools to learn more about the stock market and investing. Our "Learning Mode" will teach you all the essential stock trading terms with videos that answer all the questions you were afraid to ask so you can become an Investment Master, and you can toggle on and off in the dashboard as you need. There's a matching quiz you can take for each video you watch to become an Investment Master - so study up! "this app Gold" is our all-access plan for all the features we have to offer! Financial Literacy via Memes & Games Our financial literacy quizzes are made for all family members of all ages - for adults, teens, kids, and tweens. All quizzes are mapped to national financial literacy standards, so every individual learns healthy money habits, financial language, and math skills through pop culture memes and gifs. Chores & Allowance Since we know that every family does allowance differently, we've set up Allowance Rules that let you give allowance according to your family's philosophy. You set up the amounts to pay each kid and link your bank account, and we'll make the weekly allowance transfers to your kids' this app accounts. No more IOUs required! Savings & Goal Tracker Kids and parents can set up goals within the app to save and track progress for long-term goals, whether a rainy day or a vacation fund. Families can contribute to these goals, and they also serve as a continued reminder for kids to be setting aside money for the future. Once the goal is met, the funds can be cashed out and used. Don't worry though; we know that plans change and life happens. You can cash out from a goal at any time. Safety & Security Money in your this app account is FDIC insured up to $250,000 through our bank partner, Evolve Bank and Trust. this app partners with SynapseFi to provide financial services through Evolve Bank and Trust. this app uses 128-bit encryption, and we do not store any of your personal information and do not move money without your authorization. Transfers can take up to 4 business days to settle. Once the transaction has settled, you can cash out or move money between goals! Awards *Winner of an FDIC Award 2021* *Winner of JP Morgan Chase Financial Solutions Lab 2018* *Winner of Morgan Stanley Innovations Lab 2018* *Winner of FinTech Innovation Lab 2019* Disclosures Investment advice is provided by this app Advisors, LLC d/b/a this app Gold. this app Gold Investment accounts are not FDIC-insured, nor bank guaranteed and may lose value.




Top Reviews

By Apruiett

Issue resolved

I downloaded this app specifically for the round up rule. I connected my bank account and waited for funds to start being added when I made purchases, but nothing happened. I sent multiple emails asking for help as it was not working and nothing was being deposited in my kids goal accounts. After several weeks and MULTIPLE emails I sent one last email asking them to cancel my account and threatened to contact the BBB. I finally received a response stating my email must have been “lost in a black hole” and they canceled my account as requested. I find this so frustrating as I had sent so many emails and all I wanted was help fixing an issue. I would have been a long time customer had someone helped me. Very disappointed! I’ll be using stash from now on! UPDATE: I am changing my review as the CEO has reached out to me and rectified the situation. She reached out by email and even provided me with her personal cell phone number. She apologized and even gave my kids a free goalcard for my troubles. I am now giving the app another try and so far so good. I really do think this app is a fantastic way to save for your children which is why I did not hesitate to give it another try once my issues had been resolved. Thank you this app for reaching out to me, it is appreciated more than you!

By cholper

Goalsetter

This app creates a world of possibilities for kids and families. Not only are my husband and I in process with our own kids, but I am using it as a an example with my middle school math students. Navigating the world of savings and dreams can be difficult at times. this app is a terrific platform which allows youth to realize the connection between the material world and financial goals, while providing family and friends with an easy interface with which to support those youthful dreams. Great app!

By CaraEBeth

Genius app that opens a world of possibility

this app packaged all of its genius features into this easy-to-use app, making it a breeze to set allowance, round-up to the next dollar to build savings, and auto-save directly in the app. You can also set up the goals to save towards - all from your phone. This makes saving for kids so easy!





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