Software Alternatives & Reviews

Betterment VS Savology

Compare Betterment VS Savology and see what are their differences

Betterment logo Betterment

We manage your investments so you don't have to.

Savology logo Savology

Accessible digital financial planning. Plan smart. Save smart.
  • Betterment Landing page
    Landing page //
    2023-03-25
  • Savology Landing page
    Landing page //
    2023-02-07

Savology is a venture-backed startup that is on a mission to improve the financial well-being of millions of American households by making financial planning more accessible, actionable, and effective than ever before. In just 5 minutes, users get access to a comprehensive financial plan, financial report card, personalized action items (recommendations and next steps), and financial planning modules to complete. Savology, based in the Silicon Slopes of Utah, was founded by serial entrepreneur Spencer Barclay in early 2019.

Betterment features and specs

No features have been listed yet.

Savology features and specs

  • Free financial plan: Get a comprehensive financial plan that shows you break downs on every area of your financial life.
  • Free financial report card: Get a snapshot of your financial strengths and weaknesses and learn how to improve.
  • Personalized action items : Get personalized action items to show you the next steps you need to be making to improve your finances.
  • Financial planning modules: Planning modules help you better understand your plan and improve your financial literacy.

Betterment videos

BETTERMENT REVIEW 2020: Best Robo-Advisor Tool?

More videos:

  • Review - The #1 PROBLEM with Betterment Investing
  • Review - BETTERMENT REVIEW 2020 - Making Investing EASY

Savology videos

Free financial planning in just 5 minutes

More videos:

  • Review - Savology Review: Improve Your Finances with a FREE Plan
  • Review - Spencer Barclay, Founder and CEO at Savology, talks about their partnership with RevRoad.

Category Popularity

0-100% (relative to Betterment and Savology)
Finance
76 76%
24% 24
Personal Finance
50 50%
50% 50
Fintech
0 0%
100% 100
Trading
100 100%
0% 0

User comments

Share your experience with using Betterment and Savology. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Betterment and Savology

Betterment Reviews

When is Robinhood Coming to Australia? Alternatives for 2022
No, Betterment and Wealthfront are not available in Australia either. Only US citizens/Green Card holders are eligible to open an account on these platforms (some exceptions apply in the case of Betterment).

Savology Reviews

We have no reviews of Savology yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Betterment seems to be a lot more popular than Savology. While we know about 11 links to Betterment, we've tracked only 1 mention of Savology. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Betterment mentions (11)

  • What to do with extra $13k as a 20 year old
    Go to betterment.com and put it in their cash reserve. You'll get a good interest rate that should help at least reduce some inflation risk. Source: 12 months ago
  • Financially illiterate
    If you want a less frightening way to invest, betterment.com was my gateway into investing. It has a pre-selected basket of index funds and bonds, and you can just select your risk tolerance, set up a deposit schedule, and they take care of the rest. I started with $10/paycheck 11 years ago, and now I have almost $20,000 invested as I kept increasing my automated deposits as my salary grew. Source: about 1 year ago
  • Weekly note about a direct competitor outdoing M1+
    Also about Betterment: they too started offering crypto at exactly the wrong time, but unlike M1 they have the decency to hide it from view! If I go to betterment.com now, I don't see any reference to crypto on the main page unless you scroll all the way down to the site map at the bottom. That's something else that M1+ could offer:. Source: over 1 year ago
  • Moving out at 18, no idea how to be an adult.
    Lastly sign up for a free investment app like acorns, betterment.com, robin hood etc. Once you've got your budget setup dump everything else into those when combined with your credit card buffer you can always pull back out or preferrably reduce next months investments if you find yourself low on funds one month. Source: over 1 year ago
  • Newbie Question - Investment Account
    There are muuuuuuch better options today that Edward Jones. Your "local guy" makes a living adding maintenance costs to your account. The original poster here could do really well by checking out betterment.com and just following the on-screen prompts (they offer IRAs, too). Next time you meet with your local guy, ask him how much (the exact dollar amount) he's made from the fees on your investment account...and... Source: almost 2 years ago
View more

Savology mentions (1)

  • Need suggestion for building a Question and Suggestion page.
    Here is a reference site that similar to what I need to build: savology.com. Source: about 2 years ago

What are some alternatives?

When comparing Betterment and Savology, you can also consider the following products

Wealthfront - Automated, low cost investment service

Grove - Personalized financial planning for everyone

Riskalyze - Riskalyze is a quantitative system for identifying client risk tolerance, aligning portfolios to client expectations, and quantifying the suitability of investments.

Penny - Penny is a personal finance app that takes the pain out of keeping track of your finances.

HiddenLevers - HiddenLevers gives genuine business insight to C-Suites of financial institutions, customers, and productivity from the whole firm right down to the individual’s business.

Planswell - Building unbiased financial plans for free in under 3 mins