Plum Fintech- Your money management app
One of the biggest struggles people face as adults is keeping up with finances. When you reach a certain age, you are expected to have saved up and invested in a number of different things like stocks or real estate. There is nothing more stressful than having to set aside money from your income when you just want to splurge on that pair of shoes you’ve been eyeing since forever.
Wouldn’t it be better if there was someone doing the setting aside for you? This is what Plum Fintech is all about.
What is Plum Fintech?
Plum is a money management app that helps you budget, save, and invest. It uses a smart algorithm that assists you with managing your finances so that you will never be troubled with how much money you have to set aside.
How does this app work?
The Plum app can be installed in just two minutes. After setting up an account, you will be able to link your bank or banks so that the app can analyze your daily transactions and study your spending pattern. Plum does all the financial analysis for you as it will automatically transfer money to your bank account that becomes part of your savings.
Plum has different features that you can use so that you will be able to decide what you want the app to do with your money: savings, investment, bills & offers, pension and money maximizer.
There are different ways on how you can save on Plum and your money can even earn up to 0.40% interest (AER). You also have a choice on how much you want the app to set aside for you, including the frequency. So even though it automatically sets aside your money, you have full control of the settings on the app.
The app is supported by face and fingerprint ID security and also uses a 265-bit TLS encryption so you are ensured that all your personal information is safe. Plum also has a responsive customer support team that is ready to assist in case you are having trouble with the app.
Plum is a great stepping stone in learning financial management and its importance. It’s important to save, but also equally important to think about passive income that your money can generate.