- Ease of Use
Looking to find a financial newsletter to keep up? Maybe you’ve heard of Finimize. Finimize is a financial newsletter with short, engaging news stories and guides concerning finance. Is Finimize the financial newsletter you’ve been waiting for? Read our review of Finimize and learn more.
Introduction To Finimize
UK-based Finimize is a financial newsletter with a devoted following of more than half a million subscribers. The newsletter summarizes the financial news of the day in just a few hundred words, focusing on brevity and humor to make the world of finance more understandable. Finimize is relatively inexpensive, so there’s little downside for investors who are interested in getting a quick overview of the markets and the global economy each day.
Finimize used to be entirely free. The company has switched to a paid model. You can get 7 days for free and then the service will cost $59.99 per year.
The Finimize newsletter is the heart and soul of this platform. Each day, the editorial team behind Finimize pick one piece of financial news to digest and summarize for subscribers. Topics range from interpreting economic releases, like the jobs report in the US, to bankruptcy announcements to trends like the growth of hedge funds.
The daily email is short, sweet, and to-the-point. It’s typically less than 500 words and includes just three headings: What’s going on?, What does this mean?, and Why Should I Care?. It’s written in a conversational and frequently humorous style that will be familiar to anyone who subscribes to other Millennial-run email digests.
While the brevity of the articles means that they can be short on details, the newsletter doesn’t assume that every reader is a financial guru. Jargon that’s common among traders and economists is largely absent from the stories, while more fundamental terms like “ETF” link out to primers on the relevant topics. On the whole, Finimize’s target audience is the finance- and economics-interested public, not traders who are excited about diving into the thick of economic reports.
Finimize also offers a number of guides that supplement the daily newsletter by promoting financial literacy among readers. Guides cover topics like how to rebalance your portfolio, how much of your income to invest, and saving for retirement. If you’ve ever used The Balance to find financial advice, Finimize will feel familiar. The guides take about 15 minutes each to read and feature the same witty, engaging writing style as the daily newsletters.
Platforms and Interface
Finimize is primarily an email newsletter. All you have to do to receive the newsletter is to enter your email address. But, if you don’t want daily emails, you can also find an archive of the stories on the Finimize website.
The company has also released a mobile app, although it’s currently only available for iPhones. With the app, you can access the daily newsletter or guides, as well as listen to the stories in podcast form (most are less than three minutes long). The app also curates a news stream, which includes financial stories from sources other than Finimize.
Finimize is designed not for day traders or economists, but rather for the finance-interested millennial who’s trying to build their understanding of the global economy. The short nature of the stories means that it’s easy to start your day with the Finimize newsletter while sipping coffee or commuting to work. Of course, the fact that Finimize used to be free was a big draw, as there was no downside to signing up for the newsletter and giving it a try for a few weeks. Now, the newsletter Is $59.99/year which is relatively inexpensive (but still a big leap from free).
What Type of Trader is Finimize Best For?
Finimize is written with a millennial who’s just starting to navigate the world of global finance in mind. The platform targets individuals who may have some savings or investments, but don’t necessarily know the best way to manage that money in the context of financial trends and events. Importantly, the platform doesn’t offer investment advice or dive into the details of stock trading. Its primary purpose is to provide economic context and to offer basic lessons in financial literacy.
- Daily newsletter
- Short and engaging stories
- Guides on topics around financial literacy
- Daily newsletter available as a podcast
- Mobile app only available for iPhone
- Stories are too short to include a ton of detail