menu

Team-Based Savings Software Helps Users Avoid Impulse Purchases

Team-Based Savings Software Helps Users Avoid Impulse Purchases
Advertising

piggymojo combines mobile and social technology to reinforce smart financial decisions

Jackie Rangel
  • 16 august 2010

In a departure from other mobile-based budgeting services that track spending habits, piggymojo captures the moments when impulse purchases are actually avoided. The text-based service allows users to sign up with a partner, with each declaring an individual savings target. When one person saves (and ‘checks in’), the other is notified via text, providing an opportunity for positive affirmation for overcoming the temptation to spend. The amount of the potential purchase is then logged into the system and applied toward the overall goal. As opposed to ‘checking in’ at a specific venue or event, this form of social notification uses friendly competition as a motivational tool for achieving a predetermined goal.

piggymojo

[via Springwise]

Image by Veer.

Veer has recently relaunched its site, Veer.com, with a simplified, easy to use interface allowing for enhanced and simplified image search.  The site, which is a go-to source for creative and affordable stock photography, illustrations, fonts and merchandise, helps people add style to business, marketing, and personal design projects.

+Advertising
+apps
+Culture
+Design
+Electronics & Gadgets
+Finance & Money
+financial services
+goals
+mobile
+Money
+Retail
+software
+technology
+text
Trending

Volvo Is Launching A Global Car-Sharing Business

Automotive
PSFK MEMBERSHIP


JOIN RETAIL INTELLIGENCE PLATFORM
Get access to retail reports and 20,000 retail insights


LEARN MORE

TREND REPORT


FORECAST 2020
The Consumer Roles That Will Shape Our Future
 

DOWNLOAD NOW

IoT january 19, 2017
Technology january 19, 2017
No search results found.