Chris Buttenham

Savology - Free financial planning in 5 minutes. Plan smart. Save smart

Savology is helping American households improve their financial well-being by providing free financial planning in 5 minutes. Savology users get a free financial plan, report card, personalized action items, and financial planning modules to help them improve.

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Spencer Barclay
Spencer here - the founder & CEO of Savology. Our team couldn't be more excited to share with you what we’ve been working on over the past year to help American households improve their financial wellbeing for free. In my last few financial related startups, I have seen over and over again that our generation needs additional help with personal finances. So, we created a platform to address the root causes of the problem in ways that only traditional financial planning has been able to do thus far, but without the steep expenses and time commitments. Savology is designed to make financial planning more accessible, affordable, and actionable than ever before. We help households understand where they are with their finances and what that means for their future. We help them identify what to do to get started improving and how to prioritize each of those steps to reach their financial goals. With Savology, you’ll be able to start planning your financial journey in just 5 minutes, regardless of the present state of your finances. After going through our financial survey, you'll get a free financial plan, holistic report card, and personalized action items to improve. Thanks for taking the time to check us out! If you have any feedback for us about the product, model, and experience we'd love to hear from you so that we can continue providing this life-changing platform to the public.
Chris Buttenham
Came across Savology in light of the massive CreditKarma acquisition this week 😳💰 Honestly, people my age don't prioritize financial well-being—we ought to. I went through the onboarding in ~5 minutes and it was pretty slick. Well designed and the insights at the end of the road were actually pretty cool. I'm curious if there are any plans to launch a native Android/iOS app? Would that make the health of my savings status more accessible? 🤔
Kris Borghesan
@chrisbuttenham thanks for the hunt and for taking the time to go through the financial survey and app! All great questions - we do have plans to eventually launch native apps both for Android and iOS, although that's a little far out from now based on our current product roadmap.
Dillon Barclay
@chrisbuttenham @krisborghesan what other features are coming soon? Is there a central place to find out what's coming up?
Katie Nuckols
AMAZING that this tool is free to use. I love the mission behind the work: we could all stand to focus further on our financial futures, and this makes it really easy to do it. It really does only take five minutes to get the free financial plan, and then they keep sending you personalized action items based on your exact situation.
Kris Borghesan
@katnuckols Thanks, Katie! We really do appreciate the positive feedback. Also, thanks for the support in the product and seeing how we're impacting the financial future for all Americans.
Sam Jones
Savology is an awesome. I can't believe that users can get all of this information for FREE. I love the report card and financial planning action items that I got. This makes financial planning easy. I am excited to see the additional features in the coming months.
Kris Borghesan
@sam_jones8 Thanks, Sam! Lots of work still to be done but we've been able to build something very beneficial for Americans that has become a very useful tool for managing their finances and even getting a snapshot of where they currently are and they work they still have to do in order to reach their goals.
Scott Capener
Anyone remember earning a Personal Finance merit badge while in Boy Scouts? For me, it was a project rife with dusty questionnaires and flickering CRT spreadsheets. It was my first experience with financial planning and it did not agree with my design-driven, easily-distracted personality. Savology, however, is not like that. I was immediately impressed by the simplicity and thoughtfulness of the initial survey, the beautiful design of the site, and the sharp insights of the Action Items and Report Card. It felt awesome to get such a comprehensive overview – an answer! – to the question, “what will it take for me to be financially secure?” Savology was able to provide a specific, actionable plan within minutes, and I’m actually excited to start working on these item. And for free!! Super cool product, excited to see how it grows.
Kris Borghesan
@scottcapener Thank you for the amazing review and feedback Scott! Loved the first bit about the personal finance merit badge - funny enough that's something I remember too. I had a good laugh at that!
Carolyn Chong
Congrats Kris! You're solving a real problem that many of us can relate to. Curious - what's the business model for Savology?
Kris Borghesan
@carolynchong Thanks, Carolyn! Savology helps people identify the best providers in the industry to help them complete the Action Items prescribed in their Financial Plan. Many, but not all, providers compensate us for any users that choose to use these provider recommendations. This model allows us to continue building free financial plans for as many people as possible.
JV Voss
Savology is game changer. Everything you need in one spot to get an amazing financial plan. Simple and easy to use with great recommendation you can easily implement. Thank you savology!
Kris Borghesan
@jv_voss We appreciate your feedback JV! Thanks for putting your trust in Savology and help us further our mission of helping millions of American households. We certainly have our work cut out for us.
Mike Petroff
Savology is amazingly effective at helping understand one’s financial situation and possible plan, yet is also remaining simple and intuitive.
Kris Borghesan
@mike_petroff Thanks, Mike! Really appreciate the feedback - we know that we still have our work cut out for us, but it's always great to see that we're heading in the right direction.
Ryan O'Neill
Savology really helped me get a better handle on where I am financially and set myself up for success. I recommend completing the steps and creating a plan.
Kris Borghesan
@ryan_o_neill Thanks for the solid feedback and comment here, Ryan! As I told Mike (above) we're very happy with what we've been able to build up until now but know that we do have our work cut out for us!
Kelsey Barclay
I like the emphasis that savology puts on making it simple and easy for the average person. It's for everyone.
Kris Borghesan
@kelsey_barclay1 Thanks for the continued support, Kelsey!
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