Money can often become a sticking point for couples who are starting to get serious, but Honeydue is a mobile app that makes it easier to avoid those sore spots. The app gives couples tools to share information on each partner's bank account, helping them to make note of each other's spending and saving and better communicate financial needs.
For young couples who are beginning to get serious, money is often an issue. Each partner has their own bank account and income, and yet they often pay for large expenses together (e.g. rent, electricity, groceries, and other monthly fees.) Rather than guessing at one's partner's spending habits, Honeydue makes it simple to see firsthand. Couples can use the money management app to stay in sync about their spending.
Couples Money Management Apps
Honeydue Helps Couples to Manage the Money Together
Trend Themes
1. Couples Money Management - Opportunity for innovative apps to help couples manage their finances together and avoid potential conflicts.
2. Shared Bank Account - Potential for disruptive innovation in developing platforms that facilitate sharing and tracking of expenses between couples.
3. Financial Communication - Opportunity to create tools and services that enhance communication and understanding between couples about their financial needs.
Industry Implications
1. Fintech - Fintech companies can leverage the growing need for couples money management apps and develop innovative solutions for better financial management.
2. Mobile App Development - Mobile app developers can tap into the market of couples money management apps and create user-friendly platforms to track and manage shared finances.
3. Relationship Counselling - Relationship counselling services can adapt their offerings to include financial communication and offer guidance on managing money as a couple.