iQuantifi’s Planning Technology Recognized with Bank Innovation Win and Selection to Plug and Play Accelerator

Nashville, Tenn., March 5, 2015  -- iQuantifi, a virtual financial advisor that enables banks and other financial institutions to provide automated, personalized and comprehensive financial advice, today announced it was voted Best in Show at the Bank Innovation 2015 DEMOvation Challenge and was also selected to participate in Plug and Play’s FinTech Accelerator program. Bank Innovation 2015 showcased innovations in the financial services space from fintech companies that are changing the way institutions and customers manage and interact with their finances. iQuantifi’s goal-based approach to managing finances resonated with the audience of banking professionals, who voted iQuantifi Best in Show. iQuantifi has also been selected from more than 850 start-up applicants to participate in Plug and Play’s three month FinTech Accelerator. Plug and Play’s partners include Citi Ventures, USAA, Capital One, Intuit, and JCB. The program is designed to enable high-tech startups to foster ... KEEP READING

Its Tax Season! Which Documents Stay and Which Can Go?

Documents You Should KeepHand with an inscription "Help!" over a pile of documents

One area many people struggle with when it comes to taxes is which documents should they keep and what should they dispose of. We’re here to make this a little easier and share with you what should stay and what can go!  Let’s start with the documents you should keep. Medical Expenses Often forgotten are medical expenses which people incur each and every year. Did you know you can deduct some of your medical expenses?  Most medical ... KEEP READING

Should You Ever Co-Sign or Get a Co-Signer?

With our consumer focus on credit, it should be no surprise that a good credit score is a must for anyone. Good credit scores areCosign necessary for loans, but they can also help with lower insurance rates, rental applications, and even employment. Good credit provides more opportunities than bad credit. So, what do you do when your credit is less than stellar or you have no credit at all? One solution is co-signing.

What is Co-Signing?

Co-signing is a process where one person signs as the guarantor on another’s loan or agreement. This is applicable when the original applicant doesn’t have good credit history or very ... KEEP READING

How to Teach Kids About Money

parents-talking-to-kids-about-money_725x377-1365627520 Teaching your child(ren) about money can be one of the most loving things you can do as a parent. If you want to begin introducing money matters to your child but aren’t sure where to begin, the following tips should help you get started.

There Is No Set Age To Start

There is no set age as to when you should start talking with children about money; it really depends on the child. Typically though, somewhere between the ages of five and seven is a good time to get started.  That’s in part because right around this age they’ll start receiving ... KEEP READING

What You Need to Know About Preparing for Tax Season

Are you prepared for tax season? The IRS is officially “open for business” and that means that it’s time for you to start thinking about where you’re at with your own taxes.taxes If you want to pay as little as possible (or get a bigger refund) the key is being properly prepared. Without the right preparation, you will be scrambling come April 15, and there’s a good chance you will either pay more than you should, or leave money on the table with your refund. Here’s what you need to know about preparing for tax season:

Deductions and credits

First, look back through your financial year ... KEEP READING

Five Tips on Getting Your New Place

It’s every Millennial’s dream to find their first home after college. Unfortunately, many Millennials are forced to move back in prepare-for-moving-out-of-your-parents-house-step-1with their parents when they graduate college until they can save enough money for their own place. According to a new study by the Federal Reserve, 36 percent of young adults are living at home with their parents. While this might seem like a shock to many young people, it’s a daunting reality many Millennials must face. So why are Millennials moving back home with their parents? Well, you might think it’s the cost of living or the job market. In fact, young adults are living at home because of the high ... KEEP READING

Our CTO is Better than Your CTO!

iQuantifi CTO honored at Nashville Technology Council Awards

Nashville, Tenn., January 26, 2015 --iQuantifi, the first virtual financial advisor to provide comprehensive, goal-based planning advice to millennials and young families, today announced that Jim Siegienski won “CTO of the Year” as part of the 2014 Nashville Technology Council Awards. The Awards ceremony took place January 22, 2015 at the Country Music Hall of Fame and Museum. JImski_NTCawards

Jim has led iQuantifi’s technology team for almost two years, and was formerly Senior Architect at Dave Ramsey’s Lampo Group and a Development Manager for Concur, the world leader in ... KEEP READING

Bank or Credit Union? Which is Best for You

The ongoing conversation on which is better “a bank or a credit union” often leads into a “banks versus credit union” debate. The reality is that banks and credit unions are quite similar in their product offerings and services.  The main differences are in the ownership and profit motives.bankVsUnity2 Credit unions are not-for-profit financial cooperatives governed by an unpaid volunteer Board of Directors with customers as member-owners. Banks are for-profit financial institutions governed by a paid Board of Directors who ensure profitability for their shareholders. Although banks and credit unions differ in ownership and profit motives, these shouldn’t be the only determining factor on which financial institution to choose as there are advantages and disadvantages to both. The benefits to using ... KEEP READING

Get Your Financial House In Order

The start of a new year is a great time to look at your finances, see where you stand, and do what you can to prepare for what’s next in your life. While you Money2015don’t need to do everything all at once, you can get yourself on the right track with a few simple tasks that will help you get your financial house in order:

Budget Plan

If you don’t have a budget, now is the time to create one.  It’s difficult to know what to do with your money or how to achieve your goals if you aren’t even tracking your cash flow. A simple ... KEEP READING

What Should Be On Your Year-End Financial Checklist?

ChecklistIn a few short days we’ll be wrapping up the year and heading into 2015. This time of year can be hectic, especially with the holidays and wrapping up year-end duties at work. However, there are also a number of things we should look at to make sure we’re setting ourselves up to succeed financially in the year ahead. Success starts with not allowing the craziness of the holidays to keep you from planning ahead and that planning should start with setting simple financial goals.

Assess This Year and Make Goals for the Next

Year end is a perfect opportunity to look back at what you’... KEEP READING