Financial Lifestyle Startup

I have an idea for a startup and would love some feedback!

I plan to start a company that focuses on these four ideals: 1. Reducing/Managing Debt

2. Increasing Savings (at least the 10% of income recommended by experts)

3. Income Growth

4. Investing

At a very small fee (think, $10/month or so), the service my company provides allows you, as the customer, to essentially outsource having to tackle the above four necessities to achieve financial freedom.

Of course everyone's situation is different. We would do a routine financial health checkup for every new client, devise a strategy tailor-made for you, and then seek to optimize as many (if not all) of the above ideals for you with very little effort on your part.

What're your thoughts on this idea? For you personally, what service in particular do you feel would be of great benefit to your financial health, whether planning for a short term goal, long term retirement, not having to deal with the headache of financial matters (which is a leading cause of divorce and other societal issues), etc.?

I am open to any and all suggestions or criticisms.

Hey, where are you based? Important looking at whether a night you have previous start-up experiences.

Perhaps send me an email with questions. I can introduce you to someone who can help. HN@olab.com.au

Sounds good. Build it for 10 Users . All the best

A financial advisor charges a much heftier fee, requires significant effort on the client's part (since they are simply being advised by another person), and are limited in the amount of optimizing they can do in 1-on-1 sessions.

There would be several ways to make money beyond the small client fee, such as by offering businesses involved with these services (loan companies, etc.) clients, etc. There would also be premium services offered to wealthier clients who want to further optimize things such as their investing portfolio, medical tourism packages, etc.

Thanks for the feedback!

For you personally, is there anything that would make this service more compelling? That is, is there anything you feel is missing?