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Money Score - Know your financial health | Product Hunt

 1 year ago
source link: https://www.producthunt.com/posts/money-score
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Money Score

Know your financial health

Free Options
Money Score is to your own money what Credit Score is to the borrowed money (loans). Typical Millennial in US has 8 times as much money in assets as in liabilities (debt). If you care about your credit score, you should care 8 times as much about Money Score.
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Asana
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Americans have $25 in money (assets) for $1 in credit (liabilities), not including real estate. That’s why we created Money Score to be at least 25 times more impactful to your finances than the credit score.

Money Score accurately measures: 1️⃣ Saving & spending habits. 💰 2️⃣ Investing skills in stocks, real estate etc. 📈 3️⃣ Knowledge of economics and finance. 🕵️‍♀️ 4️⃣ Ability to scope and manage risk, debt etc. 🛑

🎯 Money Score measures how well you manage your own money.

But, your credit score measures only one thing: 1️⃣ Are you going to make or lose money for the bank? 💸🏦 ❎ A higher credit score means you are a good bet for banks to lend money and you are quite likely to return that money with interest. Credit score was created by the banks and for the banks. You and I are merely carrying this burden to ensure their profits are predictable.

Here’s just one example how a high money score is so impactful: 💵 With a high Money Score, your 401k portfolio of $500,000 could return up to 3%, or $15,000, more per year**. 🤦‍♂️ For a $20,000 car loan, a high credit score saves you around 3%, or around $600, per year.

🔑 You should obsess about your Money Score at least 25 times more than your credit score. 🔑

🚀 Get your Money Score for FREE at https://www.xillion.co/products/.... 🚀

🏁 We also help you improve your money score so you can reach financial independence sooner.

🚀 Launch your Financial Freedom with the Money Score today for FREE. 🚀


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