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Show HN: I built a simulator for personal finance

projectionlab.com

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Re: Show HN: I built a simulator for personal finance

#41
post #38

This is fantastic. Kudos on the hard work you've got one more paid subscriber here.

Glad you like it so far! Possibly the hardest I've worked on a side project by an order of magnitude... actually maybe that's not true, in years past I did spend an irresponsible amount of time coding video games that no one would ever buy :D

Re: Show HN: I built a simulator for personal finance

#42

Nice work. I remember being very critical of the first version of this a year ago and it looks like you legitimately took the feedback to heart. Thanks.

Sure did! Many of the original comments were tough but fair, and I appreciated that. And if you play around with it some more and end up feeling like it's still rough around the edges, don't hold back.

Re: Show HN: I built a simulator for personal finance

#46

Earlier quoted context omitted.

This tool is really flexible and you mention "a rental empire," so perhaps it's covered already, but it might be worth trying to add features for freelancers, contract workers, or people starting side businesses. I think those people would be more willing to spend money on a planning tool, since there's more decisions to make. (I think targeting financial planners is also a smart move.)

What kind of new features do you feel would add the most value for freelancer / side-business use cases?

Fantastic UI. Congrats. It would be really cool to be able to model personal assets such as businesses. For example, I would like to be able to plan when I sell one of my businesses in X amount of years for a price of Y, then perhaps have options on how to spread the proceeds of that sale into different assets like cash, stocks / shares or one off purchases like a house.

One thing I couldn't work out how to do was to add one off purchases once you had already created a plan. Is that possible?

Re: Show HN: I built a simulator for personal finance

#47

Earlier quoted context omitted.

I worked at a startup that pivoted away from this product so have the same question. We found that people wouldn’t pay for our product that showed financial projections based on current data. I would be really interested to hear how this product is different - maybe there’s a different monetization strategy or a different marketing strategy?

So far I've just been building what I really wanted to exist for my own planning purposes combined with the best ideas from early adopters, and then I've posted in a few places and gotten a little traction here and there. I can see how it might be difficult to build and sustain a real startup around this kind of product; it does feel a bit niche, and I haven't tried ads but I've always imagined that the target audien…

A startup pivoting away can mean a few different things, but one thing it doesn’t mean is this couldn’t turn into something big for a long-term-focused solo dev!

Re: Show HN: I built a simulator for personal finance

#48

Congrats! If you decide you want to monetize this, truebill sold to rocket mortgage for something like a billion dollars. I could see your features supplementing their current product nicely.

I wonder what metrics drive acquisitions like that the most... I would imagine they might look more for products with a huge userbase, stickiness/gamification, or a demonstrably high virality factor, no?

Re: Show HN: I built a simulator for personal finance

#49

Played around with the sandbox for a few minutes and it feels great! Can't wait to try it out properly on the weekend.

Thanks! Did you find the sandbox intuitive? Or did you feel like it needs more persona types? Recently some people expressed they would prefer a parameterized system that tries to dial things in a little closer to their situation... but since then I've tweaked the presentation/phrasing a bit to try to make it clearer the sandbox is just for showing how things work.
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