5 Good Financial Habits

We created Savings Jar because we understand that people need financial coaching and peer support to build good financial habits for life. First, let’s define good financial habits.

Good financial habits include the following:

• Effective credit management

• Low debt to income ratio

• Adequate insurance coverage

• Positive cash flow

• Increasing net value

Financial coaching helps users with positive cash flow, which can improve the other indicators of good financial habits.

Our conversations with financial coaches taught us that financial coaches are burdened with too many manual processes, for example, going over a budget during a consulting session or asking a client to send progress updates.

There are plenty of valuable CRMs out there, from Salesforce to HoneyBook. Yet, Savings Jar is more than a customer relationship management solution. There are also solutions to keep track of your client’s cash flow progress, the foundation for sound financial habits. The problem with using Emoney and Rightcapital to keep track of cash flow is that those solutions are out of reach for most financial coaches. Savings Jar’s priority is to put in the hands of financial coaches a financial coaching CRM that solves the urgent problem of tracking cash flow at a price point that money coaches can effort. A CRM built for financial coaches would allow financial coaches to log into a single platform, CRM for financial coaches, and immediately see their progress towards specific goals. We designed Savings Jar together with financial coaches to provide the best financial coaching software.

By providing financial coaches with a CRM for financial coaching, Savings Jar increases the reach of financial coaching, expanding the number of people with good financial habits, resulting in financial stability and security.