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NerdWallet Expands Beyond Expert Advice to Provide a 'GPS for Personal Finances'SAN FRANCISCO, Oct. 17, 2017 /PRNewswire/ -- NerdWallet, the company 100 million people rely on every year for expert content, free tools and shoppable financial products, is announcing a free, beta service that helps people take the necessary steps to achieve their personal financial goals, such as getting out of debt, building a rainy day fund, taking a vacation or preparing for retirement. NerdWallet's new service, a GPS for personal finances, provides tailored advice with turn-by-turn guidance and actionable insights to help people get where they want to go financially.
"There are two major problems in personal finance that NerdWallet is taking on. First, for a lot of people, money management is confusing, overwhelming and deflating. Second, it's really hard to compare and shop for financial products. Simply put, we as consumers don't know what we don't know, and it can really hurt us financially," said Tim Chen, co-founder and CEO of NerdWallet. "For the past eight years, NerdWallet has been a go-to resource for expert advice on the full gamut of financial decisions," he added. "We've answered millions of questions and have created marketplaces across a variety of financial categories so people can compare products to find the best ones for their individual needs. Now we're building on this foundation with something that's never before been available to anyone who can't afford a pricey financial advisor. Unlike traditional budgeting apps that simply organize your transactions and scold you when you overspend, we guide you through exactly what to do to get where you want to go." "Our entire executive team and dozens of other Nerds have spent the past two years traveling the country, talking to people in their living rooms about their financial needs. We heard variations of the same story time and again," added Tapan Bhat, Chief Product Officer of NerdWallet. "People know what they want to accmplish, but they don't know how to get there. They need someone to guide them and automate the daily decision-making so they stay on track. That's why NerdWallet is now offering the financial GPS people are asking for. We're providing actionable insights that help people make the most informed choices along their financial journey." NerdWallet's free open beta, now available on desktop and mobile, delivers advice, tools and content based on a user's individual goals and current financial situation. The service allows NerdWallet members to:
"High-quality financial guidance should not only be available to the wealthy," Chen said. "We want to level the playing field and empower everyone to achieve their goals and live their best life." Availability NerdWallet members can access this free service by visiting NerdWallet.com or downloading our app. About NerdWallet NerdWallet offers consumers clarity for all of life's financial decisions. Whether it's regarding credit cards, insurance, loans or investing, people lack the clear, unbiased information they need to make the best choice. With NerdWallet, consumers have free access to user-friendly tools and advice that save time and money, and give them the freedom to do more. NerdWallet is based in San Francisco and employs more than 400 Nerds. For more information, visit nerdwallet.com. "NerdWallet" is a trademark of NerdWallet Inc. All rights reserved. Other names and trademarks used herein may be trademarks of their respective owners. Contact 1 NerdWallet Financial Health Study: https://www.nerdwallet.com/blog/finance/financial-health-study/ 2 Ibid
View original content with multimedia:http://www.prnewswire.com/news-releases/nerdwallet-expands-beyond-expert-advice-to-provide-a-gps-for-personal-finances-300537755.html SOURCE NerdWallet 
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