Nobody wants to be in the dark about where his money is or how it’s performing in the market.
Every one of today’s leading investing apps is an improvement from the once-a-quarter mailers that brokers used to send out. Every bank app is better than a monthly statement. With that said, some fintech apps are more user-friendly and informative than others.
Which user interface elements make for a great personal finance app? The following are musts for a top-notch user experience:
1. A goal prompt
Whether they’re saving, spending, or investing, your users have financial goals in mind. Although everyone’s priorities and risk preferences are different, offer preset fields for common goals.
Credit and checking account apps should ask for spending limits on overall and categorical expenses. You might want to spend less than $100 per week on groceries, for example. If you approach or exceed that limit, your app should notify you.
Saving and investing apps should work the same way. Round, a newer offering that provides everyday investors with access to active managers on Wall Street, learns about its clients’ goals—like homeownership,