Hello, I’m Narek, co-founder of Moneyscope, and I’d like to share the story behind why Moneyscope was created.
Like many of you, after graduating from university, I entered a new chapter in life. While family life brought joy, it also came with financial challenges. At the time, I was managing my own business, navigating the complexities of entrepreneurship while trying to stay on top of our personal finances. With a growing business, a small apartment, a car loan, and everyday expenses to juggle, the financial strain became increasingly overwhelming. Month after month, my bank account slipped further into the negative, and I struggled to manage our finances effectively amidst the demands of running a business.
In 2015, a friend recommended I try a personal finance management app. At first, I found the process of recording every expense tedious, but soon I began to see the power of understanding my financial situation clearly. This marked a pivotal moment: I started making financial decisions based on real data rather than emotions. Slowly, my negative balance began to shrink, and I regained control over our financial future.
The most transformative moment came when I read The Road to Financial Freedom by Bodo Schäfer. The book shifted my mindset, helping me prioritize financial independence and setting me on a clear path toward achieving it.
Now I firmly believe that everyone should aim for financial freedom. For many, this goal might seem out of reach, and you might be right—if nothing changes. But what should change? That question led me to explore numerous personal finance management apps like Mint, YNAB, and Wallet. While each app had its strengths, they all focused on specific aspects of financial management rather than offering a complete solution. The fragmented approach made it difficult to get a holistic view of my finances and effectively work towards financial independence.
The breakthrough moment came when I saw the potential of AI, for the first time, it became clear that computers could assist us more intelligently, providing personalized insights and guidance far beyond what traditional apps offered. This realization inspired the creation of Moneyscope.
Moneyscope is beautifully designed and powered by cutting-edge technologies. It is an intelligent tool aimed at achieving financial wellness. More than just an app, Moneyscope combines world-class educational resources in personal finance, intelligent tools, and a personalized experience to help each user reach their specific financial goals.
From a market perspective, the need for a unified financial management solution is immense. With millions of individuals struggling to manage their finances effectively, Moneyscope stands out by addressing this gap with an all-in-one solution. Our technology simplifies financial tracking and empowers users with personalized insights and actionable advice.
The scalability of Moneyscope is a key strength. Our technology stack allows us to quickly add new features and adapt to changing user needs, ensuring that we remain at the forefront of innovation in the personal finance space. Furthermore, our roadmap includes integration with various financial institutions and services, enhancing the user experience and expanding our reach.
Behind Moneyscope stands a dedicated team of professionals, each bringing expertise and passion to the project. Our team includes experienced software developers, financial experts, designers, and educators. Together, we have created a tool that addresses the gaps in existing apps and leverages the latest technology for a superior user experience.
Our team's diverse backgrounds and skills have culminated in a product that is more than just a financial management app. Moneyscope is a comprehensive solution designed to guide you on your journey to financial freedom, making it easier and more intuitive than ever before.
In creating Moneyscope, we are not just developing a product; we are building a movement towards financial empowerment and independence. Join us in revolutionizing the way people manage their finances and achieve financial freedom.
