The Sassy Digital Assistant Revolutionizing Student Budgeting

+ job opportunities this week.

July 12, 2024

We’re always looking for ways to help students with financing. That’s what brought us to CLEO. We got a chance to check out the app, and we wanted to share it with you. Plus, read on for this week’s latest job opportunities.

How The App Helps You Save for College

The main reason for a budget is to help you hit financial goals. For many of us, that means saving for college. 

With CLEO AI, you set specific goals for tuition, books, or even a 529 plan. Then it helps you create a budget. It helps students prioritize savings, and it shares tips on how to save money. It also automates savings. 

You can also set up daily reminders with insights on progress. Imagine a friend who texts you anytime you make progress toward your goal.

That’s CLEO.

Personalized Savings Goals

One of the most powerful ways to use a digital financial assistant like CLEO is by sharing your savings goals. 

Say you’ve already found a fully-funded PhD program, but you’re still in debt from undergrad.

Do you have a plan to repay your student loans?

CLEO also has a high-yield savings option. When we checked it this week, we saw higher-than-average APY (and so much higher than we saw a few years ago), so your FDIC-insured savings grow even without an investment portfolio.

Just set your savings goal and your target date. Then CLEO tracks your progress.

Cash Advance

The app also offers a cash advance feature. If you’re anything like me, your first thought is alarm bells. Cash advance loans are predatory, usually with incredibly high interest rates. They prey on low-income workers (especially students) and are very rarely, if ever, a good idea.

But CLEO has a different way to access cash. With its cash advance feature, you’re borrowing from your already-earned income. 

There are no late fees. No interest. 

Just useful access to your money, right when you need it.

Cash advance isn’t the way to pay for grad school. But it’s an option when you want early access to the cash you’ve already earned.

Or, read more about CLEO in our article.

Job Opportunities

This week, we spotted a few new job opportunities we wanted to share.

Or, check out all the latest job opportunities.