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This is the last time I will look at my bank account and wonder where did my $15.00 go? Digit I’m sorry, but I just can’t do this anymore. There’s nothing you can do to convince me to stay because I’ve found someone else called Rize. Honestly I should’ve left you the first time when you told me you were free and then decided to charge me a $2.99 monthly fee. You may be wondering who is Rize, well Rize is a new beautiful savings platform that allows me to be in control of my savings. Today I’m sharing my top 3 reasons for breaking up with Digit and going to Rize.
Before I jump into those reasons savings is a huge challenge for many Americans.
“According to a new report by Bankrate, 66 million Americans have zero dollars saved for an emergency expense — zero — and 28 percent have only six months worth of savings.” PBS.org
Usually we get paid and pay everyone except ourselves, it’s so easy to put our goals on the back burner, but trust me you’ll regret it later. I love using saving apps to force me to save for my specific goals that way I don’t have to rely on my own self discipline and can reach my goals automatically. Okay back to why I’m leaving Digit for Rize:
- Get to set specific saving goals and choose how much I want to save for.
- Hello, there’s interest.
- Not only is the platform beautiful, but I get to choose how much I want to pay for the service.
Reason #1: Getting to choose specific saving goals
I admit when I signed up for Digit I loved them because it forced me to save money, like it literally decided how much money I could afford based on their algorithms and then it would take the money out of my account and transfer it to their Digit account. Which was cool, until it wasn’t. Sometimes I would login to my account and wonder what happened to the $25.00 I had? Oh yea Digit.
With Rize I like that I get to be in more control of how much money I’m saving towards my goals. I also get to set up multiple goal buckets. Which you know I love because when your money is jumbled into one account it’s hard to really separate in your mind which amount of money goes to what. For example if I’m saving for my first home I can have a first home savings account, if I’m saving for my rainy day fund I can add another rainy day fund. For me it’s always been helpful to see which goals I’m reaching. Unlike Digit you get to set a specific target goal and choose how much you can commit to save each month.
Reason #2: Hello Interest
With Rize you get normal interest which is currently at 0.91% APY compounded monthly, with Digit you get 0% interest. That’s right Digit doesn’t offer you interest.
They only give saving bonuses of 1% Annually. I don’t know about you, but I’m all about having my money in a place where I can get as much interest as possible.
Already sold on Rize? Sign up through my link and receive $5.00 to get started saving today.
Reason #3: Beautiful interface, with a pay as you want model
I’m a visual person who love beautiful things, and Rize’s interface is fun, it’s colorful and it’s inspiring. When I first signed up for Digit it was free but months later they changed their business model and added a new monthly fee of $2.99. Now don’t get me wrong Digit was helping me save a ton of money each month so $2.99 wasn’t a big deal, however it just caught me off guard, if I knew about the fee from the beginning I would be more understanding. As a business you do have to make money so no shade to Digit.
With Rize I can decide how much I want to pay for their service. If a platform is helping make your life better you should be happy to pay them. Plus they’re letting you know upfront. If one month you want to pay $0, and the next month you want to pay $5.00 it’s totally up to you because again with Rize you’re in control.
So there you have it folks the top reasons I’m breaking up with Digit for Rize is because I get to be more in control of not only the amount I can save, but also get to choose which goals I want to save for. They make it super simple and tell me the specific date for when I’ll reach my saving goals. With Rize I get monthly compound interest and I get to choose how much I want to pay for their service.
Want to join Rize today, if you sign up through my link you get $5.00 to start your savings journey
If you’re interested in signing up for Rize you can do so here, you’ll receive $5.00 just for opening an account with them to get you started on your savings journey. (How amazing is that?!)
Be sure to watch my video above because I’m showing you live video of the Rize Interface. Once you’re all signed up don’t forget to connect your bank account, set up your first saving goal, and check your email to confirm your email address.
Let me know which goal you’re going to start saving towards first?
Let's be e-mail official :-*
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