Finances are a complex topic for many individuals, so the 'Evree' app has been developed as a way to help them make better financial decisions without feeling restricted or strapped.
The app works by letting users define various goals that they have and setting an amount of money that will be needed to help achieve it. After connecting their bank account, the app will help to encourage better finances by offer positive challenges and rewards that will aid you in your endeavor to save.
The 'Evree' app utilizes Nobel Prize-winning science at the basis to help users feel less stressed about saving money and make the process more applicable for those who might feel rather lost when it comes to monetary matters.
Science-Backed Finance Apps
The 'Evree' App Encourages You to Make Better Financial Decisions
Trend Themes
1. Behavioral Finance Apps - Developing finance apps that are based on scientific research on human behavior to improve financial decision-making.
2. Goal-oriented Finance Apps - Creating finance apps that allow users to define and work towards specific financial goals.
3. Reward-based Finance Apps - Integrating reward systems into finance apps to encourage positive financial habits and behaviors.
Industry Implications
1. Personal Finance - The personal finance industry can incorporate scientific research on human behavior to create apps and tools that promote better financial decisions and habits.
2. Fintech - FinTech companies can develop goal-oriented finance apps and integrate reward systems to provide consumers with innovative solutions for managing their finances.
3. Behavioral Science - Behavioral science companies and researchers can partner with finance institutions to develop apps based on sound scientific research, ultimately improving financial decision making for individuals and broader segments of the population.