Frequently Asked Questions
What is InSpirAVE's Internet of Savings® platform?
The Internet of Savings® platform is where users can not only accrue the benefit of savings from retail and financial institutions all in one place, but equally leverage the wisdom (and discretionary cash) of friends and family to make smart spending goals, design a personalized savings plan to help raise the money to meet those purchasing goals faster, and then track progress as the savings grow. Those longed-for big-ticket purchases are now achievable – with InSpirAVE’s program which is reliably at work until the purchase arrives.
How Does InSpirAVE work?
Step 2 Plan: Create a Personalized Savings Plan which is multiplied by interest income, best offers from merchants, and monetary contributions from your friends and family.
Step 3 Achieve: Monitor progress towards purchase-goal fulfillment facilitated by our embedded payments-hub capable of both p2p & merchant payments.
What makes InSpirAVE special?
What problems does InSpirAVE solve?
How is InSpirAVE solving these problems?
By harnessing behavioral finance principles and goals that truly matter, InSpirAVE’s design, AI, and content-creation tools have made it extraordinarily simple to foster a well-wishing community who encourage that goals are fulfilled, even if it may have been out-of-reach otherwise. People are saving faster through The Internet-of-Savings® platform by drawing from multiple sources — savings from merchants and banks, as well as contribution of friends and family — whose benefits have turned out to be an order-of-magnitude higher than what solely relying on savings from just one source would.
Another benefit of the InSpirAVE platform is empowering users with advice from their network of friends and family — big purchase decisions are more well-informed by those who care about you the most. Impulsive and regretted purchases stop here.
What benefits can people get by using InSpirAVE?
InSpirAVE is giving users the benefits of interest income for the funds they already have as well as the merchant’s best offer. The AI embedded within our platform generates a personalized plan to get the purchaser from where they are to where they need to be, by setting aside funds on an ongoing basis. Taken together, people who use our platform are ending up saving a lot more, faster. Fulfillment of the goal is also being significantly accelerated with friends and family taking advantage of the capability InSpirAVE provides to them to make gifts and other monetary contributions. Once the purchase goal is reached, users are choosing to have the merchandise show-up right at their doorstep or at their preferred retail location.