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MiGreat - Navigate Your Next Move with Confidence!
MiGreat is a financial planning app that helps with cost-of-living planning for young professionals preparing to relocate to a new city anywhere around the world.
MiGreat - Navigate Your Next Move with Confidence!
MiGreat is a financial planning app that helps with cost-of-living planning for young professionals preparing to relocate to a new city anywhere around the world. It enables users to explore the cost of living in various cities worldwide, compare the cost of living in different countries, and create personalized financial budgets to plan relocations more effectively.
1. Back to the Problem Statement
Work and economic aspirations are the top reasons why people immigrate around the world. However, finances and cost of living are crucial concerns for prospective residents, especially immigrants.
Immigrant families and young professionals face challenges in accurately planning their expenses when moving, especially since the cost of living can vary up to 50% just between U.S. cities. High variability in living expenses, the complexities of currency conversion, language barriers, cultural differences, and lack of financial guidance, make it very difficult to develop a realistic budget. This leads to potential constraints on professional growth and overall quality of life in a new hometown.
1.1 Why this problem needs to be solved?
1.2 Who is our target audience?
1.3 What did our competitors do?
1.4 What is our goal?
Provide young professionals with education and support for financial planning around the cost of living during the process of moving to the US for work opportunities.
2. How did we Solve the Problem and Achieve the Goal?
Building a digital product with related features —— MiGreat.
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