Dream

@leonhitchens Hey Leon. Dream doesn't hold any funds - all funds are held at BBVA bank and Veridian Credit Union, which are both federally chartered (FDIC and NCUA respectively)

@lukejmcgrath You're right (though your chances of winning increase the more you save). Given the extremely low interest rates currently, it doesn't make much sense, but we might introduce a 'savings rate' in a higher IR environment.

I've heard good things about this app even though I have yet to try it. One of my best friends says it's really good and it helped him save money for his last year's vacation. Well, who wouldn't like that? I love saving money because after I can afford other things like a vacation, a new phone or new clothes. One of the best ways to save money is to itemize your deductions and this way lower your taxable income. I found more about this on https://findigits.com/understanding-itemized-deductions-for-beginners and it really helped me save some coins. I'll give a chance to the app though because it was recommended. Let's see how it will work for me.

@abadesi Saving money is painful and that's why most people don't save enough. We want to make saving as effortless and rewarding as possible. When you sign up for Dream you link your bank account and precommit an amount. Every 14 days that amount gets automatically saved from your bank account, so you never have to worry about keeping up with a budget and hoping you'll have saved enough by the end of the month. Each time you save you're rewarded with entries into a draw for vacation prizes. The more you save, the more entries you earn. Long as you have entries, you keep participating in drawings every month. Win or lose, you end up saving money, and it's completely free for users. If you have any questions, happy to answer them :)