2024
Financial anxiety can stop people from traveling and going on adventures. WanderWise empowers people to confidently finance and plan for their travels with simplified budgeting and expense tracking tools.
I recently I took an international trip with my parents, they experienced a lot of unease about how expensive our trip might be, and when we were abroad it wasn’t easy for them to discover the same money saving experiences & purchases I was able to take advantage of...
My parents, along with many others experience financial anxiety when they travel. Traveling pulls you out of your financial routine, and whether you are a first time traveler, or very experienced that can be stress inducing. I spent a week exploring this problem, and building this concept project - a financial tool for traveling.
Key findings:
- I learned that there is a range between travelers that are anxious and gain the confidence to travel by tracking/planning every detail of their trip, and some travelers that engage in more casual expense tracking to enable them to travel more often, and save money in general.
- People might start using a budgeting app but not maintain consistent usage. This can lead to users eventually abandoning the budgeting all together