Gusto Wallet
The Gusto Wallet app provides a range of features to help users manage their finances and achieve their savings goals. Here are some key features of the app:1. Interest-Bearing Cash Account: Gusto Wallet offers an interest-bearing cash account where users can deposit their paychecks. The account earns interest on the balance, helping users grow their savings over time.2. Savings Goals: Users can set up multiple savings goals within the app. They can allocate a percentage of their paycheck to each goal, making it easy to save for different purposes such as emergencies, vacations, or down payments.3. Automatic Savings: Gusto Wallet allows users to automate their savings by setting up recurring transfers from their paycheck to their savings goals. This feature helps users save consistently without having to manually transfer funds each time.4. Spending Insights: The app provides spending insights and categorizes transactions, allowing users to track their expenses and identify areas where they can cut back or save more.5. Financial Wellness Tools: Gusto Wallet offers various financial wellness tools and resources to help users improve their financial health. These may include budgeting tools, educational content, and personalized recommendations based on users’ financial habits.6. Mobile App: Gusto Wallet is available as a mobile app, making it convenient for users to access their account and manage their finances on the go.It’s important to note that Gusto Wallet is only available to employees whose employers use Gusto for payroll processing. Users need to have their paychecks deposited through Gusto in order to open a Gusto Wallet account.