Right Inc.

RIGHT is a free FinTech/AI/ML platform and mobile application that helps its users save monthly an extra $500 or more by providing them with a fully automated hyper-personalized & itemized monthly spending plan, along with free banking and payments services and spending control tool. By utilizing powerful AI/ML solutions, RIGHT automatically builds users' next-month spending plan down to individual purchasing items. It oversees all essential (e.g. rent, utilities) and all non-essential (occasional purchases) spendings, and also generates price-based grocery lists together with personalized daily meal plans and recipes. Unlike the majority of existing personal budgeting tools that only provide some generic marginally useful top level budgeting based on previous months spending averages for each category, RIGHT with its hyper-personalized budgeting approach gives a superbly detailed picture of the next-month spendings, enabling users to know exactly how much they will spend on each day and what exactly they will be spending on. To assist users with following their personalized spending plans and avoiding unplanned and impulsive purchases, RIGHT provides free essential banking and payment services - banking account, debit card, transfers, bills payments, ATM withdrawals, online and offline purchases, as well as AI-driven spending control tool. RIGHT also offers its users an optional investment tool to automatically or manually invest their extra-savings at an average 7% APY to exponentially grow their extra-savings and get up to an extra $500,000 by the time they retire. By giving its users - primarily lower-income and living “paycheck-to-paycheck” - such a powerful and highly efficient financial tool, Right Inc. aims to help them become wealthier, financially safer and secure. It is a win-win outcome that results in significant reduction of the wealth inequality and social stratification.