Making Sense Of Cents

Learn how to make extra money, how to save money, how to start a blog, and more.

JOIN OVER 300,000
MONTHLY READERS!
  • HOME
  • BLOG
  • About
  • Categories
    • SAVE MONEY
    • Side Job Ideas
    • Blogging Tips
    • Budget Tips
    • Career Advice
    • College
    • Pay Off Debt
    • Extra Income
    • My Life
    • Minimalism
    • Pet-Related
    • Real Estate Help
    • Retirement
    • Product Reviews
    • Self-Employment Tips
    • Travel
      • RV Life
    • Wedding
  • How To Start a Blog
  • FREE FB GROUP
  • Recommendations
  • Contact
    • Contact
    • Advertise
  • How To Save Money
  • Make Extra Money
  • Blogging Courses
    • Affiliate Marketing Course
    • Making Sense of Sponsored Posts
  • Travel

Cinch Financial Review

Last Updated: November 7, 2017 BY Michelle Schroeder-Gardner - 7 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

55shares
  • Facebook 11
  • Twitter
  • Reddit
  • LinkedIn
  • Email

Cinch can help you to manage your money better, all from your cell phone. They operate as a fiduciary, which means they are completely unbiased and actually are thinking only about you and your financial situation. #cinchfinancialreview #cinch #waystomanageyourmoneyThe following is sponsored by Cinch Financial. All opinions are 100% my own.

Have you heard of Cinch? You may remember them from when I first talked about them back in 2015.

Well, they recently asked me to review their updated platform. Their offering has changed a bit, and it’s now better than ever.

Here are some quick testimonials for this app before I explain to you what exactly it is that they do now:

  • “I like how it acts like a personal financial advisor. It allows you one less thing to worry about, and takes the stress of managing your money out of your hands.”
  • “My initial reaction was: ‘Man, I need this in my life!'”
  • “I like that Cinch is actually different. I love that you don’t take money from vendors.”
  • “It makes so much sense that it’s almost hard to believe something like this isn’t already out on the open market.”

Cinch can help you to manage your money better, all from your cell phone. They operate as a fiduciary, which means they are completely unbiased and actually are thinking only about you and your financial situation.

The one thing that I love about Cinch is that this tool actually does something for you and is helpful. Cinch doesn’t just show you charts and graphs of how much you spend in different categories. Nope, it goes way further than that to help you improve your financial situation!

Cinch spends time providing actionable guidance that actually has an impact so that you can improve your financial situation and actually start saving more money.

They don’t believe that simply cutting out coffees from Starbucks is the secret to financial success and saving millions of dollars. Cinch believes that having specialized advice for YOU, and a dedicated expert looking out for your best interests and regularly analyzing your financial behaviors is important.

Cinch uses crazy innovative technology and behavioral science to help you to improve your financial situation. This tool will help you with how much money you should save each month, how you should eliminate your credit card debt, and more.

 

The Cinch Service

As you can see from these simple financial health checks that Cinch does in the screenshots above, they make it very easy to see how much debt you have, your credit score rating category, your spending flow, how your rainy day fund is going, and more.

I really like how comprehensive Cinch is. You can see your whole financial picture all in one spot. Instead, of logging into numerous apps to check how you are doing, Cinch makes it super easy.

Some of the areas that Cinch can help you with include:

  • Managing your student loan debt;
  • Analyzing your spending behavior;
  • Starting spending challenges;
  • Building an emergency fund;
  • Eliminating your credit card debt
  • And more!

Some features that they are working on adding to their platform includes helping with a mortgage purchase, health insurance, expense allocations, household/joint financial management (yes, it will help you manage finances with a significant other!), and more.

And, if it doesn’t get any better, Cinch has been featured in The New York Times, Forbes, CNBC, Money, and more.

 

It’s easy to improve your financial situation with Cinch.

This screenshot (below) I took off their website is something I absolutely love. So many people are fine with spending money in so many other areas and have apps on their cell phone for everything out there, but don’t think enough about their financial situation.

A tool like Cinch can help you to start working on your financial situation and it’s EASY.

 

How does Cinch make money?

Okay, after reading all of the above, I am sure you are wondering what the catch is when it comes to Cinch.

Cinch isn’t paid by banks, credit card companies, leads, insurance companies, etc. There are no ads and your data won’t be sold. Instead, Cinch has 90-day free trial before charging a $4.99 monthly fee.

So, yes, they do have a monthly fee. However, if you are looking to start improving your financial situation, I’m sure that you could save much more than $4.99 by having a Cinch account each month.

I am a huge fan of the fact that they are not biased. There are so many companies that I am signed up for that are only pushing products toward customers – they don’t seem very interested in actually helping solve problems. That’s what is different about Cinch – they want to help you improve your financial life; holistically and comprehensively.

 

How can you get started with Cinch?

You can get started with Cinch by following these easy steps:

  1. They are currently in Beta testing. But, you can sign up for the waitlist to access it as soon as possible.
  2. After you are accepted, you will need to link your information with Cinch.
  3. Understand your financial situation. With Cinch, you’ll be able to save more money!

Yes, it’s that easy to get started with Cinch!

What do you think about Cinch? What feature of Cinch do you find the most helpful?

Related Posts

  • How I Paid Off My $40,000 Student Loan Debt In Less Than One YearHow I Paid Off My $40,000 Student Loan Debt In Less Than One Year
  • 18 Debt Free Stories That Will Inspire You18 Debt Free Stories That Will Inspire You
  • Pay Off Debt Or Save Money – Is One Better For You?Pay Off Debt Or Save Money – Is One Better For You?
  • How We Paid Off $161,000 In Student Loan Debt in 16 MonthsHow We Paid Off $161,000 In Student Loan Debt in 16 Months
  • How My Wife and I Lived on $2,000 Per Month for 3 Years During a Financial HardshipHow My Wife and I Lived on $2,000 Per Month for 3 Years During a Financial Hardship
  • Pay off our mortgage or not? A glimpse into a couple’s final decisionPay off our mortgage or not? A glimpse into a couple’s final decision
55shares
  • Facebook 11
  • Twitter
  • Reddit
  • LinkedIn
  • Email

7 Comments
Filed Under: Budget, Debt Tagged With: Budget, Cinch Financial Review, Debt

About Michelle Schroeder-Gardner

Michelle is the founder of Making Sense of Cents, a blog about personal finance and traveling. She discusses how her business has evolved in her side income series. She paid off $40,000 in student loans by the age of 24 mainly due to her freelancing side hustles. Click here to learn more about starting a blog!

Comments

  1. Accidental Fire says

    November 7, 2017 at 7:03 pm

    Great review Michelle. It’ll be interesting to see how they do in an ecosystem of free apps. They do have some different functionality to differentiate themselves, but folks are just so accustomed to great tools that are free. I may give it a go for the trial period.

    Reply
    • Michelle Schroeder-Gardner says

      November 8, 2017 at 8:14 am

      Let me know what you think!

      Reply
  2. Cara @ Finances for Families says

    November 8, 2017 at 12:29 am

    Great write-up Michelle. Adding a feature to their platform for joint financial management is a must for a household like mine where all aspects of our finances are intermingled.

    Reply
    • Michelle Schroeder-Gardner says

      November 8, 2017 at 8:14 am

      Yes, I agree!

      Reply
  3. DNN says

    November 15, 2017 at 11:18 pm

    I do need something that’ll help me make better financial decisions. And start planning for my retirement too.

    Reply
    • Michelle Schroeder-Gardner says

      November 16, 2017 at 9:34 am

      Have you started planning for retirement yet?

      Reply
      • DNN says

        November 17, 2017 at 11:57 am

        Not quite Michelle. I do have something put away, but working on building it up. I welcome any recommendations you have for me. 🙂

        Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Making Sense of Cents welcome page photo
Hello and welcome!
My name is Michelle and I'm the author/owner of Making Sense of Cents. Learning how to save money and make more money changed my life. It allowed me to pay off $40,000 in student loans, start my own business, and I now travel full-time.
Follow on Bloglovin

Subscribe Via Email

As Seen On

as seen on
How To Start A Blog
making sense of affiliate marketing for bloggers
My Monthly Online Income Reports
My Student Loans Are Gone - How I Paid Off $38,000 In Student Loans
Buying a House at 20 (How I did it)
How To Make Money Blogging Picture
How To Save 50% Or More Of Your Income Picture
How I Graduated From College In 2.5 Years With 2 Degrees AND Saved $37,500
75+ Ways To Make Extra Money

Subscribe Via Email

HOME
CONTACT

POPULAR POSTS
How To Make Money Blogging
How To Start A Blog Tutorial
I Paid $40K In Student Loans By 24
75 Ways To Make Extra Money

PRIVACY POLICY
TERMS OF USE
DISCLAIMER / EARNINGS DISCLAIMER

Copyright © 2011 - 2021. All Rights Reserved.

© 2021 Making Sense of Cents
Design by Swoon & Co. Creative