2021 Status Money Review • Pros, Cons & More • Benzinga

You've plausibly wondered how your emergency fund, level of debt, progress toward financial milestones and overall financial health compares to your peers. Unluckily, you may rarely percentage this information, even with your close friends and family members, which can make information technology thorny to valuate whether you've stuck to the the right way goals, like owning your own home or saving for retirement.

Status Money offers a unusual money management platform that allows you to anonymously compare their funds to members of their peer group, alongside additional investing and saving services. Benzinga's Status Money reexaminatio bequeath help you larn more than about what sets this app apart from competitors and will help you decide whether Status makes sense for your financial management needs.

Status Money Services
Status Money Pricing
Customer Service of process
Status Money Mobile App
Status Money Overall Rating
Position Money vs. Competitors
Frequently Asked Questions

If you've of all time used a budgeting operating theater financial planning app, you may already understand many of the services that Status Money offers. Some of our favorite services Status Money currently offers include:

Financial comparisons: Whether you've just started saving for retirement or you've put money into an investing account for years, you've probably wondered how your holdings compare to savers your own age. Status Money allows you to compare your preservation, investment and spending habits anonymously with other users in your peer group and besides compares it to national averages. Averages are ever kept completely anon., and projections you see occur through partnerships and panels with John R. Major financial institutions.

Wonder how your spending compares to citizenry your age? Status Money allows you to anonymously compare your habits to some national averages and spenders in your peer mathematical group.

Social savings tools: You don't need to be on your own when provision for retirement, saving to steal your first home or paying down debt through Status Money. In addition to projection tools and tracking features, Position Money also offers social investing and savings features that reserve you to anonymously connect with other users on the platform. Ask for advice and earn badges as you participate in the biotic community.

Position Money doesn't sporting help you project your future take-home worth and plan ahead. You tin also easily and anonymously ask for advice and help others with the platform's Social Trading features.

Free credit account monitoring: Tracking your credit score corpse an important part of balancing your finances and achieving your future financial goals. Status Money allows you to track your credit score for free and you can also enable alerts that inform you whenever a new point gets added to your quotation report.
Personalized recommendations and cash rewards: Status Money's algorithms analyze your spending, interest rates and the fees that you regularly pay up on your accounts. The platform then recommends lower-interest options to service you pay less for the cards and services that you need. You'll also earn cash rewards when you act connected recommendations or when friends bring together the platform. You rump claim equally numerous rewards as you want just for saving and inviting friends to save.

Unlike other budgeting apps, you don't need to support to a paid Status Money account ready to use the political program's services. Condition Money offers free people basic features (including net deserving calculation, credit monitoring and social residential district features). The company earns money by providing sponsored offers to you by analyzing your spending and by serving advertisements. For example, if Status Money has an advertizement partnership with a credit card that offers lower worry rates for users like you, information technology serves you an ad for its partner card.

If you'd like to unlock precocious features from Status Money, you terminate besides unite Condition Money Premium. Status Money Agiotage lets you can take advantage of:

Progressive charting: Status Money Premium accounts let in advanced charting options that allow you to advisable see spending and saving patterns.
One-on-one coaching: Status Money Premium users can visit one-along-uncomparable with a financial planner once a month via television. This tail end help you ensure that you stay on track toward the goals that you set.
More than customization features: Think that your mechanically generated compeer group doesn't exactly match up with your modus vivendi? Premium users can promote customize their peer group and comparison features.
Deferred payment report updates: Premium users can access their to the full quotation report on a weekly basis directly through their Status Money program.

Status Money Premium costs $10 per month when you choose unit of time billing and $96 per year when you select a single period of time payment. Subscribing to Premium victimization an annual plan allows you to preserve 20%.

Status Money currently offers 1 method that you can apply to move into contact with its client service squad — via email. To contact Status Money's customer divine service squad aside email, transport a message detailing the issue to support@statusmoney.com. For the quickest assertable response, usage the email account that you used to sign up for your Status Money account.

We'd have intercourse to see Position Money continue to modernise its customer service options to include services like live chat and phone musical accompaniment.

Status Money's financial app mimics full desktop functionality. Raceway your investments, entree gregarious trading features and flatbottom manage your rewards with Status's unlogical mobile interface. You potty also enable cardinal-factor assay-mark to battlemented your account when you access Status Money through public WiFi.

Status Money has taken steps to ensure that (even when using the mobile program) your data stays fixed. The application uses 256-bit encryption to keep information out of the hands of hackers, which is the highest hard-nosed level of encryption employable for everyday employment. It offers the same services as the desktop platform and a completely synced system so you can seamlessly and safely transition from your computer to your mobile gimmick at any time.

With a quick signup process, unique tools that you can use to equivalence your finances to your peers and a simple and straightforward platform that easy transfers to mobile, Status Money offers an excellent option if you want to track your net worth and budget better. You can also access one-on-one coaching and advanced services affordably through Status Money for to a lesser degree $10 a month with an annual plan. Patc we'd have sex to view the company continue to expand its offerings and customer serving options, Status Money remains a cheap option for money managers.

Status Money vs. Competitors

Status Money offers a few unique advantages over competitors, including:

Financial comparisons: Status Money allows you to anonymously compare your finances with your peers to ensure that you stay on track to achieve your goals.
Social investing features: Connect anonymously, hand out and get advice and earn badges all direct Position Money's social investing community.
Affordable one-on-peerless Roger Huntington Sessions with financial planners: Some companies charge hundreds operating theatre even thousands of dollars to receive with a financial planner. With Status Money Premium, you can video chat with a certified financial planner once a month to help you stay on chase toward your goals.

Ofttimes Asked Questions

Is Condition Money procurable outside of the United States?

Is Status Money available outside of the United States?

asked 2021-04-06

Sarah Horvath

Atomic number 102, you can entirely use Status Money within the Fused States.

Answer Connexion

answered 2021-04-06

Benzinga

Exercise I have to link my credit file to use Status Money?

Do I have to link my credit file to use Status Money?

asked 2021-04-06

Sarah Horvath

No, linking your credit file is optional and you don't need to data link any bank write u data to open your describe with Status. However, the companion recommends that you do link this information for the top-quality possible user experience.

Answer Link

answered 2021-04-06

Benzinga