Millennials aren’t known for their money managing abilities, but a new app is hoping to help. Penny is a free tool that wants to “help users spend smarter,” and offers “personalized financial advice.” Quick visual updates made up of graphs and emojis show “month comparison reports, expenditure breakdowns, information on any subscriptions, and more.” The chat-based app allows users to ask questions and receive answers in real-time, and has the ability to learn users’ spending habits and preferences to improve over time. (Springwise)
