Problem
With a tight budget, knowing the optimal order to pay down debts (avalanche vs. snowball method) has direct financial impact. Finch tracks account balances and recurring payments but cannot model payoff strategies, deferred interest deadlines (e.g., 0% APR promotions where missing the deadline triggers retroactive interest on the full original balance), or the effect of allocating extra payments to specific accounts.
This is the feature that separates Finch from a simple balance tracker — the intelligence to recommend how to allocate limited dollars across competing debts for maximum financial benefit.
This is a vision issue. Sub-issues will be created when the design is clearer.
Dependencies
Problem
With a tight budget, knowing the optimal order to pay down debts (avalanche vs. snowball method) has direct financial impact. Finch tracks account balances and recurring payments but cannot model payoff strategies, deferred interest deadlines (e.g., 0% APR promotions where missing the deadline triggers retroactive interest on the full original balance), or the effect of allocating extra payments to specific accounts.
This is the feature that separates Finch from a simple balance tracker — the intelligence to recommend how to allocate limited dollars across competing debts for maximum financial benefit.
This is a vision issue. Sub-issues will be created when the design is clearer.
Dependencies