Break Free from High-Cost Financial Services

The Problem: Banking is Broken

Imagine working hard all week, only to lose a significant chunk of your paycheck just to access your money. That’s the reality for millions of unbanked and underbanked adults in the U.S. These individuals rely on costly check-cashing stores, where higher checks mean higher fees. Every year, they spend:

• $11 billion on check cashing and bill payments.
• $127 billion in usury fees and interest.

Traditional banks have failed to serve these communities, trapping families in cycles of predatory fees and financial instability.

Our Solution: Empower Individuals

From Left Out to Lifted Up: At Econofi, we’re flipping the script on financial exclusion with the Econofi Calculator:

EXAMPLE 1: Gig Economy Worker Support

Customer:
"I drive Uber and income varies weekly. How do I budget?"

Econofi Calculator Provides:
✓ Budget Planning Agent analyzes income volatility patterns
✓ Cultural Context Agent recognizes gig economy financial stress
✓ Education Agent delivers "Variable Income Management" course
✓ Risk Assessment Agent monitors for income drop warning signs

Result:
Personalized budget template + proactive support reducing financial stress

EXAMPLE 2: Multi-Generational Household

Customer:
"I support my parents and my kids. How do I manage everything?"

Econofi Calculator Provides:
✓ Budget Planning Agent identifies household splitting strategies
✓ Cultural Context Agent understands multi-generational responsibilities
✓ Education Agent recommends "Family Financial Coordination" content
✓ Support Services Agent searches for Senior Assistance Programs

Result:
Culturally-appropriate links to support services

 EXAMPLE 3: Business Owner Inquiry

Customer: "Should I keep business and personal money together?"

Econofi Calculator Provides:
✓ Business Planning Agent explains separation benefits
✓ Tax Preparation Agent outlines deduction advantages
✓ Risk Assessment Agent identifies liability concerns
✓ Education Agent delivers "Small Business Finance Basics"

Result:
Professional-grade advice previously requiring an expensive accountant