Temporary relief from student loan payments has allowed one user to work on driving down his credit card debt and increasing his savings—gaining some relief during these volatile times.
Up until a few months ago, it was sometimes tough to get people talking, or thinking, about estate planning. For many, the topic was awkward, may have seemed morbid, and just wasn’t a top priority. But then COVID-19 hit North America.
Making a purchase during an unprecedented time is challenging. Find out how Wellspent can help you trust your gut and find joy during difficult times.
Being stuck at home doesn’t have to mean a lack of physical activity. Wellspent teams up with an expert to provide you at-home stretches and exercise advice.
We’ve all gone through different money phases. Looking back it’s clear that the value of money changes over time. What remains is the recognition that the key to true wealth is happiness.
Get ready to start planning your next vacation with 7 tips that will be kind to your bank account, and your adventurous spirit.
Goal setting can sometimes feel overwhelming because it can be difficult to pinpoint where to begin and how to get the ball rolling. All you need to get started is some expert advice, and a little nudge in the right direction.
It’s the most wonderful time of the year, and you know what that means — a stressful shopping season ahead! Luckily, Wellspent is here to help you tackle your holiday shopping list in just four steps.
If you’ve ever made a purchase and almost immediately felt a sense of regret, you were likely hit with a nasty wave of buyer’s remorse. Hre's how to deal with it.
When faced with an opportunity to score big on some of the year’s hottest items, it’s always best to formulate a proper strategy and budget. Here are seven tips to get you started.
Shopping is one of those unavoidable tasks in our everyday lives, but how we approach it can make or break the emotional impact it has on us — and our wallets. These questions are built to help you determine whether or not the next purchase you are planning to make is something that will truly bring you value and genuine happiness.
Octavia Ramirez is the founder and CEO of PAPER & COIN, a financial literacy platform dedicated to helping Millennials take control of their finances through informative and inspiring resources, events, and workshop-style classes. Here we follow Octavia on her spending journey during a busy weekend spent with work and family.
Managing your money isn’t just about setting a budget and sticking to it. Money is emotional, and that’s why we have to train ourselves to approach how we are managing our money a bit differently. The Do Betters feature can help you identify where you can take steps towards change and begin to find value again in your spending.
When it comes to decision-making, we often lean on the idea of trusting our gut, but what does that really mean? Building experience in various domains can help you accurately access your intuition and make the most optimal decision for yourself. Your past experiences shape your gut instinct, and the knowledge you gained from those experiences will act as your north star for decision-making.
The concept of reflecting on your feelings may not seem like a way to save money, but recognizing your emotions is the first step towards making changes that will guide your ability to start saving. In this article, we explore all the features available to you in Wellspent and describe how each feature can contribute to your effort to save money for the things that matter most to you.
What does the KonMari Method have to do with money management and Wellspent? More than you might think at first. Whether it’s through her books, Netflix show, or the KonMari method, Marie Kondo is asking people to determine what brings them value in life and what doesn’t.
The idea of mindfulness has become a popular theme in our culture today. We hear the word being tossed around in various forms, but do we really know what being mindful means? Learn how to apply this practice to your everyday life.
It’s that time of year again when school supplies line the aisles of every store, and the summer wind down begins to take its course. One of the more pressing topics that come to mind is money management, as the impending cost of textbooks, meal plans, housing and entertainment is imminent. Check out our six money-saving tips for college and university students heading back-to-school.
The benefits of journaling are just the same today as they were when you were young. Taking just a few minutes out of the day to record some of your thoughts and memories can help increase your overall mental health and wellness. Find out 6 benefits journaling can have on your life, mental health, and wellness.
Learning how to successfully manage your money is not a simple task. It takes patience and perseverance to keep yourself motivated to do better when it comes to altering your financial behaviour and habits. In a world full of options, we decided to breakdown the unique elements that help Wellspent stand out in a crowd of money management apps.
At Wellspent, we aim to empower people to spend their money well, but we don’t expect you to feel that way overnight. We created the option to reflect on your purchases as a means of helping you better understand how your spending habits impact your overall values. The purpose of reflection is to identify opportunities where you could save money while maximizing the joy you feel from the purchases that make you happier overall.
Choosing to tag your purchases will allow you to personalize the way you are tracking the money you spend. Custom tagging exists to help you learn more specifics around your spending. The more purchases you tag; the more data Wellspent can share with you to help you find areas of improvement and highlight areas where you are excelling.
Being smart with money isn’t just about following a by-the-numbers strategy of cutting back spending and setting budgets. It’s also about the small yet impactful ways you can fine-tune your personal finances, maximize your dollars, and ensure more of your money is spent on what brings you joy (while less is wasted on the things that don’t).