There’s no shortage of people who wish they’d learned better financial skills earlier in life. Budget Better’s purpose is to help millennials and zoomers with that. The app doubles as a money management platform and social network where people can share with peers or ask for advice. We asked founder and CEO Carmen Perez to tell us more about Budget Better and her future plans for the app.
Tell us about your app and what it does.
Budget Better is an easy-to-use social money management platform for millennials and Gen Z. We know that navigating money can feel like a daunting task, mainly because there hasn't been any genuine interest in teaching younger generations about money management. Most young adults know more about mitochondria and linear algebra in high school than they know about how to purchase a stock, fill out a FAFSA form, or budget. That's what Budget Better is here to fix. We help users save more money, pay off debt faster, learn how to budget effectively, and connect with other users.
BB'ers can share their financial wins, ask questions amongst their peers, and follow folks who inspire while providing users the money tools they need to manage their money confidently.
How does your app work?
The app allows users to create and manage their zero-based budget, money goals, and connect with other users on the platform. They can connect their bank account, and Budget Better will create a baseline zero-budget for them based on how they currently spend their money, or users can manually create their budget and track their progress on their goals. When it comes to creating an effective spending plan (aka budget), we remove the guesswork for a user, create the plan for them, and center that plan around the user's current money goal.
Users can also connect with other users on the platform via our community feed. Instead of going elsewhere for recommendations or money advice, users can quickly jump over to the community feed to ask questions or share financial wins.
Tell us a little about your background and how you discovered no-code tools like Bubble.
I worked in the finance industry for quite some time and eventually left to learn how to code. While everyone on the Budget Better team knows how to code, we were looking for a solution that could help us get MVP out quicker and in a more cost-effective way. In the early days of a startup, speed and execution matter. Bubble has provided us with a way to test and iterate on customer feedback at lightning speed. Before wasting time, energy, and effort on writing code for a feature no one may use, we've been able to test and make changes much quicker because of a no-code solution like Bubble with a small team. We've been able to minimize costs by testing features quickly before coding them out.
Why did you build your app on Bubble?
We needed something robust and flexible to create and test an MVP. Bubble provided us with all of that and more! From the no-code community to the various integrations such as the API connector and the plugin editor, the possibilities are endless.
What have been your milestones so far?
To date, our most significant success has been launching our private pilot MVP and getting user feedback. It's been live now for five weeks, and we are just getting started.
What are your future plans for your app?
We have big plans for Budget Better! We want to be the go-to app for your money, but for now, the main focus right now is getting to product-solution fit as soon as possible. We are hyper-focused on getting feedback from our users and improving the app's user experience and value to their lives. Sooner rather than later, we will release a mobile app version of Budget Better for iOS and Android. We're going to start focusing a bit more on marketing projects as well.
Bubble is a leader in the no-code movement. Bubble offers a powerful point-and-click web editor and cloud hosting platform that allows users to build fully customizable web applications and workflows, ranging from simple prototypes to complex marketplaces, SaaS products, and more. Over 500,000 users are currently building and launching businesses on Bubble – many have gone on to participate in top accelerator programs, such as Y Combinator, and even raise $365M in venture funding. Bubble is more than just a product. We are a strong community of builders and entrepreneurs that are united by the belief that everyone should be able to create technology.