This platform is helping professionals understand personal finance in terms of time instead of money – Global Banking And Finance Review

Working professionals today have high expectations and aspirations for the kind of lifestyle they want to lead. Employees these days are interested in talking about concepts like early retirement and financial independence. But to make it true, a certain amount of knowledge and efforts in the right direction are required. Moreover, having a clear understanding of how things will pan out in terms of time is very important when it comes to understanding personal finance.

On the other hand, neglecting conversations on personal finance and only hoping for the best can turn out to be worse. Let’s face the fact- Compensation/payment models by employers are deliberately structured to pay the workforce exactly what it takes to retain them. But at the end of the day, you can’t blame them. The question is, how long would one plan to work with such organizations, struggling to find a good work-life balance.

There are enough and more examples globally where work ends up becoming one’s whole life and not a part of it. You just don’t realize, and within a blink of an eye, one year becomes five, and five becomes twenty. And life goes on. Given the current circumstances and knowledge gap around personal finance education, it is not at all surprising that a vast majority in the US are not sure if they will ever have enough to sustain themselves if they were to leave their not so interesting yet high paying jobs.

Imagine if there was a way for you to figure out not only your net worth but the actual holistic cost of your lifestyle, weaved together to form a simple and complete measure of your financial health. It might sound like a concept from the future, but ChroniFI makes this possible. In a complicated world of all things materialistic, ChroniFI helps its users to plot their course to financial independence and build a happy life.

Further to the pandemic, a growing number of working professionals have started to introspect about the real purpose of their life. People with moderate to high paying jobs are looking for a deeper sense of purpose. Amidst this acute behavioral shift, conversations around the concept of personal finance are at an all-time high.

ChroniFI offers intuitive features that are missing in the market today: 

There are plenty of companies with budgeting apps and many more apps that are into investing and asset management. The problem is that there are no strong players in the space of providing behavioral coaching in a personal finance context. The existing software has a major missing piece when it comes to training and educating users about what personal finance means along with its implications for …….

Source: https://www.globalbankingandfinance.com/this-platform-is-helping-professionals-understand-personal-finance-in-terms-of-time-instead-of-money/

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