Budgeting apps just don't work. So we aren't making one.
TLDR: Demo Video
The average person lives paycheque to paycheque due to one of two reasons:
Their income doesn’t sufficiently cover living expenses.
They earn enough but struggle with poor spending habits.
The root of these challenges is ineffective money management.
Despite the abundance of budgeting apps generating hundreds of millions of dollars; A staggering 84% of people with a budget admit to overspending, underscoring a trillion-dollar problem that impacts the financial well-being of over 50 million people and families. This gap in effectiveness is not just a statistic; it's a widespread financial crisis.
Delving into specific demographics, those aged 18-44, who typically earn an average annual income of $55,000, are particularly affected. The average overspend in this group is alarmingly high, nearly $10,000 per year. This figure is not just a mere excess; it represents about 18% of their pre-tax income. This level of overspending, especially among younger, working-age adults, signals a deep-rooted issue in financial management and the inadequacy of current budgeting tools in addressing it.
Something needs to change.
That's why we are building ClearJar.
We're creating a groundbreaking AI powered personal finance platform, which goes beyond mere transaction tracking. We are making financial products that will actually make a difference and protect you from overspending and impulse purchases.
We recognize that effective financial management encompasses more than just tracking income and expenses.
With ClearJar, we’re not offering a budgeting tool; we’re providing a comprehensive suite of financial products that will empower millions of people to make smarter financial decisions for a healthier financial life.
If you've made it this far then this clearly peaks your interest, feel free to complete our user research survey to get 50% off a lifetime membership!
contact: hello@clearjar.co
Also here's a quick little demo of what we are working on:
Budgeting apps just don't work. So we aren't making one.
TLDR: Demo Video
The average person lives paycheque to paycheque due to one of two reasons:
Their income doesn’t sufficiently cover living expenses.
They earn enough but struggle with poor spending habits.
The root of these challenges is ineffective money management.
Despite the abundance of budgeting apps generating hundreds of millions of dollars; A staggering 84% of people with a budget admit to overspending, underscoring a trillion-dollar problem that impacts the financial well-being of over 50 million people and families. This gap in effectiveness is not just a statistic; it's a widespread financial crisis.
Delving into specific demographics, those aged 18-44, who typically earn an average annual income of $55,000, are particularly affected. The average overspend in this group is alarmingly high, nearly $10,000 per year. This figure is not just a mere excess; it represents about 18% of their pre-tax income. This level of overspending, especially among younger, working-age adults, signals a deep-rooted issue in financial management and the inadequacy of current budgeting tools in addressing it.
Something needs to change.
That's why we are building ClearJar.
We're creating a groundbreaking AI powered personal finance platform, which goes beyond mere transaction tracking. We are making financial products that will actually make a difference and protect you from overspending and impulse purchases.
We recognize that effective financial management encompasses more than just tracking income and expenses.
With ClearJar, we’re not offering a budgeting tool; we’re providing a comprehensive suite of financial products that will empower millions of people to make smarter financial decisions for a healthier financial life.
If you've made it this far then this clearly peaks your interest, feel free to complete our user research survey to get 50% off a lifetime membership!
contact: hello@clearjar.co
Also here's a quick little demo of what we are working on: