VestMatch Blog

We have just launched the test site of VestMatch and if you’re reading this you have probably been invited to be part of the test. We know that there are millions of cases in the US where groups of people are saving for a single goal. And we know that saving or investing collaboratively is crucial to achieving many of these goals. But we also know that collaborative saving or investing can be sloppy, paper-intensive and uncomfortable. Enter VestMatch.

VestMatch enables groups to more effectively save or invest together, join together as the goal gets closer, and celebrate together when the goal is reached.

I encourage you to experiment with VestMatch. We want you to set up a Profile, establish a Plan, invite others to be Plan Partners and see where you can go. You can save for something big (like college for your kids) or something smaller (like a family trip), but you and all the others involved in the Plan can use VestMatch to see how the savings are growing and to use VestMatch as a forum to communicate about the goal. You can comment, add photos, audio or video, and even blog about your experience.

Let me give you a real life example. My wife and I are saving for college for two boys. One of them goes off to college in the fall and one in the fall 2012. Their grandparents have been contributing to their college fund. But we live 2,000 miles away. So on VestMatch, I can post pictures of the boys, a movie that one of them made, clippings from the newspaper about track, and an audio clip of their band. Their grandparents can see how close we are to reaching the financial goal, see the pictures and files I added, make comments of their own, add their photos and keep the process going. And when son #1 goes off to college, he can post photos of his first day at school, his dorm room, his roommate, etc., his parents and grandparents to see.

How would you use VestMatch? Send me an email at matt@vestmatch.com or add a comment to this post below and I’ll report back.