Most people will agree that one of the reasons why they became an entrepreneur is so they can earn more money and enjoy life. We try and build our wealth and at the same time put aside some money for things such as a vacation. This sounds great but if you’re anything like me you have a hard time putting money aside. Not that it’s hard but as someone who manages everything by myself sometimes I just forget to transfer money around. I recently signed up for a Simple checking out and it’s completely changed the way I bank and save money.
Simple is simple. Unlike traditional banks Simple is completely online and there are no physical branches. It is FDIC-insured and it is absolutely 100 percent free to use. You can access your account on their website and their well designed mobile app for both Android and the iOS. Also, in my opinion, Simple offers the best customer service where you can actually talk to a real person.
However, what makes Simple really unique is that you can set “Goals” and Simple is smart enough to set aside that money on a daily basis until you reach your goal. For instance, let’s say that I want to save $1200 in two months for a trip to New York. You login into your Simple account to create that goal and it will automatically start saving that money for you until you reach your goal. I highly recommend Simple banking to all my friends and colleagues as it will completely change the way you bank and save money.