Worth reading for investors. CASH FLOW OF THE MIDDLE CLASS A majority of the customers of banks and consumer goods companies come from the middle class. This is not due to their inherent purchasing power but because they happen to be attractive borrowers. They are cautious about money; yet, as they strive to improve their standard of living, they get increasingly in debt. All their lives, they work to pay off their mortgages, credit card bills, car loans, and other liabilities. They start small, like taking a loan to buy a two-wheeler, but soon their desires increase, and they want to buy a car. So, they go to the bank and take a car loan to fulfill their desire. With a bigger loan, their outgoing expenses increase, and they desperately look for a hike in their salary. The hike comes, but with it comes the desire to buy a bigger car. So, the bank offers them a bigger loan. And this cycle goes on and on. Expenses mount, and any increase in salary is nullified. Only the liabilities increase, with no effort made to increase assets. They don't realize they have started working for the bank as well (by taking up liabilities). Now, they work for two bosses: the one who provides the job and the bank to whom they pay interest, mortgages, and other dues. This is the cash flow of the middle class. CTTO #cashflow #AI #Accounting #InvestSmart #fintech #cleargrowth
ClearGrowth
Technology, Information and Internet
American Fork, Utah 452 followers
ClearGrowth is a Cash-Flow FinTech, that uses AI Accounting to increase our Customer's bank balance.
About us
ClearGrowth is a Cash-Flow FinTech, that uses AI Accounting to increase our Customer's bank balance. As cash is needed to fuel growth, many small businesses stagnate because they lack access to cash. Before switching to our platform we can forecast and guarantee how much the cash will increase. We give our customers a clear path to growth.
- Website
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https://www.cleargrowth.ai/
External link for ClearGrowth
- Industry
- Technology, Information and Internet
- Company size
- 2-10 employees
- Headquarters
- American Fork, Utah
- Type
- Privately Held
- Founded
- 2021
- Specialties
- Automated Accounting and Bookkeeping, Controlling, AI, Cash-flow Forecast, Budget, Automated AP, and Cash-Flow
Locations
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Primary
Get directions
71 N 490 W
American Fork, Utah 84003, US
Employees at ClearGrowth
Updates
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Fintech and AI are making the season brighter! Here's why: #FintechTrends #AIInHolidays #Christmas2024 #Fintech
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Analyzing Blend Labs: A Rocky Road Since Going Public Did you know that Blend Labs had a rocky road since going public: How? Want More Reviews? Let us know in the comments if there are other companies you’d like us to analyze. For a deeper dive into financial trends or to learn how we can support your small business, visit http://cleargrowth.ai or email us at subscriptions@cleargrowth.com. #ai #fintech #cleargrowth #business #analysis #blendlab
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How can ClearGrowth.ai help boost your average cash balance? #fintech #AII #businessgrowth #cleargrowth
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Lyft's Financial Journey: A Market Snapshot Want More Reviews? Let us know in the comments if there are other companies you’d like us to analyze. For a deeper dive into financial trends or to learn how we can support your small business, visit http://cleargrowth.ai or email us at subscriptions@cleargrowth.com. Blog Post: https://lnkd.in/gQXQZM28 #lyft #fintech #accounting #cleargrowth #businessanalysis
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Business struggling with short-term cash gaps? AI-driven tools can optimize working capital and keep your finances stable. #AI #CashFlowSolutions #FinTech #cleargrowth
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Did you know #DeFi is revolutionizing financial systems and unlocking new opportunities in fintech? Here's how it's shaping the future!
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Did you know that Uber adapted, cut costs, and stayed profitable in a post-COVID world? Find out how. https://lnkd.in/dTrrjJJa
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The global fintech landscape is experiencing significant transformations, driven by technological advancements and evolving consumer demands. 1. AI is revolutionizing financial services by enhancing personalization, automating processes, and improving fraud detection. Startups are leveraging AI to offer innovative solutions across banking, investment, and accounting sectors. 2. Non-financial companies are increasingly integrating financial services into their offerings, creating seamless customer experiences and opening new revenue streams. This trend is expanding access to financial services, particularly for underserved populations.