7 Financial Technology Solutions to Know For 2022
Some links in this article are from our partners. See our Advertiser Disclosure for details on how we make money.
Financial Technology, or "FinTech," companies have burst onto the scene this millennium. What is FinTech and how can it help you knock out important financial tasks? Of course you no longer pay commissions, but you may be surprised by how much else is getting disrupted.
I am the CEO of Anasova, the company behind FreeFinancialPlan.com. Our team has spent hundreds of hours researching best-in-class solutions for our thousands of users. To get personalized suggestions, I would encourage you to build a financial plan. It is fast, free, and totally anonymous.
But, if you are looking for a few quick and innovative ideas, here are the standout FinTech offerings you should know for 2022.
Refinance your debt
If you are borrowing any money at a rate over 8% (credit card debt, personal loans), you should check out Upgrade. Checking your rate is free and won't impact your credit score. It only takes a few minutes and could save you thousands. If your rate is lower, you save money. It's that simple. Check your rate here.
Monitor your accounts
Use Personal Capital, the "Best App for Investors according to CNBC Select 2021" to see all your accounts in one place. The detailed monitoring will help protect you from fraud, monitor expenses, and do a deep dive analysis on your future. The best part? It’s free.
Get a will
Having a will is essential, but it used to be hard to do (and $$). Fortunately, getting a will has never been easier. With Trust and Will you can get a will in minutes from your laptop.
Get free credit monitoring
The big question is who isn't monitoring their credit in 2022? Millions of people use Credit Karma to monitor for fraud and get access to more products and services.
Transform how you borrow
Did you know you can borrow for most anything at rates under 3%, with no required monthly payment? $40,000 car x 3% = $100 / month. No required payment. Of course there are many risks and details and it works for investors with more than $100,000, but it is powerful. Learn more in your free financial plan or visit M1 Finance.
Automate your credit card payoff
Make juggling payment dates a thing of the past. Tally focuses on credit card debt, offering eligible users a credit line to pay down high-interest rate cards, on autopay, so you can start saving on interest right away. Prefer an alternative? Try Bright.
Try one of these innovative solutions, save money, earn money, and automate your life.
Get ideas customized to you in your free financial plan.
Want customized advice?
Build your Free Financial Plan in minutes.