Our platform, Sage, seeks to promote financial wellness through increased awareness of spending behaviors through AI-based intervention and coaching. Initially developed as a method to combat impulse spending, Sage works with users to better understand their financial goals, help them identify patterns they might not be able to recognize, and recognize the impulses that control their impulsive spending. Users initially help the AI coach understand their spending habits and impulses through integrating bank information, logging purchases that they plan to make at the beginning of the day, and logging any purchases that were unplanned at the end along with a brief reflection on each in order to understand the underlying reasoning. Was it forgetfulness? Was it hunger? Do you buy things you don’t mean to more when you’re with friends? Whatever it may be, Sage gives users the opportunity to take control of their own finances, reducing, eliminating, or generally changing their impulsive spending habits with the coaching that they believe is best for them!
