WizeFi

WizeFi's mission: We’re on a mission to help a million people reach financial freedom. Why: We believe that most people living their ideal lifestyle will want to also help make the world around them a better place. We believe that if we empower millions of people to do just that, we might actually change the world. Problem: The financial system includes algorithms that cause people to spend all of their money, and even money they haven't yet earned (hello debt). Making the most of your money is complex with many choices. Knowing whether a financial choice complements or competes with your ability to achieve financial freedom is necessary for making "wise" financial choices. (hello WizeFi) There are 4 places your paycheck ends up–assets, debts, expenses, and insurance. All of these areas have complicated questions such as: how much should I invest? When should I invest? What debts should I pay off first How much should I spend on food, housing, entertainment, etc? How will my net worth be affected if I purchase this house or that house? The list goes on, but the point is clear. Making the most of your money is complex. The results of the problem: $17T in consumer debt and 68% of Gen-Xers planning to delay retirement because they can't afford to retire. The average American needs approximately $740,000 to retire. Despite having earned about $1.5 million in their working years (1972-2022), 85% have less than $500k and 50% less than $100k. However, with WizeFi, these same people could have entered retirement with more than $1.5 million! Solution: WizeFi uses a proprietary system for optimizing money. Financial decisions and cash flow management are no longer complex. The results of our solution are users that: - Reduce waste in spending by $400/mo - Eliminate debt 78% faster - Accelerate financial independence age by 12 years (retire earlier)