Imagine that Mint.com developed a sense of humor and merged with Facebook—and you’d come close to the vision behind Payoff.com, a new site that uses your dreams to inspire sound money management—with a little help from your friends.
Payoff incorporates two key ingredients into its fiscal philosophy:
When you focus on what you want, what you really, really want, you’re more likely to make smarter money choices (as opposed to saying, “No Zappos for me”).
When you get your friends involved as a financial support system, you’re even more likely to reach your goals.
The only drawbacks:
If you prefer to keep your money goals and progress private, Payoff isn’t much different from the competition—getting social is a big part of what Payoff’s all about.
Payoff’s youthful look and profile badges make it feel a bit like a gaming site rather than a money-management tool.
But money doesn't have to be serious all the time, right?