BMO DollarGPS

MoneySatNav UK Ltd

In-app purchases

About this app

DollarGPS can empower you to manage your finances effortlessly and efficiently with the potential to improve your wealth and reduce your debt interest.

It has been developed by reputed finance and tech executives along with an advisory board of world-renowned academics including two Nobel Laureates. It is delivered in collaboration with BMO.

The app provides you with access to advanced financial tools once reserved for elite institutions. This powerful financial GPS should make managing your finances effortless and rewarding.

The different functional modules work seamlessly together to facilitate optimal financial decisions to help you realize your life goals and improve your long-term wealth.

a. Forecasting: Detailed projections of your overall net worth and cash balances over 30 years.
b. Wealth Improvement: A set of strategies that could potentially improve your long-term wealth projections. These strategies are mathematically derived by applying ALM (Asset Liability Management) techniques to your overall finances.
c. Life Goals: Ability to analyze, add, track and realize life goals like wealth targets, asset purchases or other large expenses.
d. Budgeting: Ability to track your monthly spending, and to make informed spending decisions with foresight of their impact on your long-term wealth and life goals.
e. Ongoing Navigation: The app generates informational navigation prompts derived from the calculations used to generate your financial projections. You can use the help of these navigation prompts to take appropriate actions through time to track your forecasted wealth and life goals. But in true GPS style, you can choose to take help or not, you retain complete control.

Free Lifetime Use and Paid Subscription Plans
Step 1: The app is prepopulated with 20 personas derived from household data published by the U.S. Government. You can experience the app instantly by selecting a persona that’s closest to you in terms of monthly income and home ownership status.
Step 2: We offer a 1-month free trial to allow you to connect your accounts via Plaid to populate your own data. You’re not required to provide your payment details to access the free trial.
Step 3: At the end of the trial period, you can subscribe if you wish to use the app with the optimally designed experience which includes automatic balance updates and ongoing navigation prompts.
However, if you wish to use the app free of cost, you do not need to subscribe:
- We will save your last updated data.
- Going forward, you will be able to edit this data manually and add/delete products as and when applicable.

Revenue Model:
- We do not sell financial products or services.
- We do not earn commissions for our debt switch functionality.
- We do not earn an investment management fee for our investment strategy.
- We do not monetize your data.
- We simply charge a subscription fee for the optimal experience with an option for you to use the app completely free of cost forever.

Ratings and reviews

Solid app. I like that I don't have to pay for anything just to test it out like other apps I've seen. The demo is actually useful and gives you the chance to try out features with numbers you can edit so you can see if it'll really be helpful to you, and the long term goals and targets make it feel like you're getting somewhere even if you don't feel like that day to day.

Great tool for forward looking financial considerations. Love the ability to link all my accounts for a holistic view and some actionable direction.

I'm sorry you want me to pay a subscription for this?