Learn to Manage Your Money with LearnVest
LearnVest was initially offered in the market as a way for women to learn how to manage their finances. But the company had expanded their market and is now offering the service to anyone who wants it. The app is mainly about teaching users more about investing and helping them set up their assets. They have several services which users can avail of for free while others come with a subscription.
When you sign up for LearnVest, you will need to enter information about your bank and credit accounts but you can also opt out of this and put in financial data by yourself. The site is mainly about teaching users more about investing and helping them set up their assets. They have several services which users can avail of for free while others come with a subscription.
As a financial management services site, LearnVest offers multiple accounts for each user and a very detailed look as to your budget and expenses. But their greatest service is their financial advice center where you can obtain information and knowledge regarding investing which you cannot find in other apps. They also have "bootcamps" where you will receive instructional information regarding financial management.
LearnVest is offered with a free and paid subscription. When you opt for the free edition, you will get only the basic services of the site as well as the budgeting feature. One of the most interesting aspects of this site is Smart Budget, where you can create an overview of your finances by entering information about your income, bills and expenses, as well as your other financial obligations. With Smart Budget, you will be able to track your budget, your personal worth, and overall financial condition.
If you want to get more out of this site, then you need to subscribe to their paid option. They offer three options with varying services for each.
- Budget Starter - This is the cheapest and you would need to pay for a one-time fee and monthly fees for each succeeding month. It includes one session of consultation services and additional support each month.
- Five-Year Planner - You will receive a five-year plan and a financial advisor selects several courses which are suited to that plan.
- Portfolio Builder - This subscription offers access to your financial advisor three times a year, a five-year plan, access to LearnVest courses, and an analysis of your investments.
LearnVest is a very smart and easy site to use if you want to take more control of your financial investments. With its aim of educating its users about investing, it offers a more unique approach to financial management. You will not only gain a budgeting too, you will also gain additional education about investing. This is recommendable not only for women who do not have a single clue about investing, but also for men who would like to strengthen their portfolios and also increase their worth by understanding more about investment strategies. If educating yourself regarding investing is your goal, then LearnVest is for you.