Open banking and Yolt

I went to the money saving bloggers event last week and met the team from Yolt, an app that helps consumers to benefit from open banking and aims to change our attitude to money. It’s bank agnostic and provides one view of financials.

Money is the root of all evil, apparently. Unfortunately, most of us in the UK, don’t have savings to cover three month emergency period. Some people don’t have the income to allow them to save, and others are simply not interested in saving.

Sometimes we’re irrational when it comes to money, and don’t really know the true value of products/services we buy.  There’s this thing called anchoring you see. It’s used by restaurants for example, where there is a high price of wine or dish, and basically when you see the price, …