The Future of Saving Money and The Grand Vision
What is the future of saving money?
Written by Tom
In two, five and 10 years time, what will bargain hunting look like? What will LatestDeals.co.uk look like?
Robots, computers and artificial intelligence will play a part. And until now, these grand visions have been locked up, hidden away for fear of being too grand, too yeah-right, too dream on mate...
But I think it's time to peel back the curtain. To invite you in. To show you a peek of the vision.
The overarching destiny is to help people save money. That's it. If we focus on that one thing and try to do it better than anyone else, everything will take care of itself.
Saving money helps people's quality of life.
Learn how to get something for cheaper and you can reduce your debt. You can afford higher quality products (see how to fly in a Private Plane for less than a train). You can get more for less.
To achieve this I think there are two main parts:
- Connect like-minded people to share information
- Create tools that support our efforts
Connect Like-Minded People To Share Information
LatestDeals.co.uk, first and always, is a community. A group of people who are interested in saving money (among other things).
By being together we can learn and help each other. And it happens naturally, without any pushing or governance. You put a dozen people with the same interests in a room together and great things can happen.
Create Tools That Support Our Efforts
This second part, creating tools, is where I think the future of saving money, bargain hunting and LatestDeals.co.uk will go. It's here where robots, computers and artificial intelligence enter the stage - not to take over, but to support us in becoming super money savers and deal hunters.
This tool is far beyond anything else out there. Approximately 20,000 people use it every week.
But how could we take this idea further?
- You could find every voucher code for every thing
- You could see a price history for every product
- You could take a photo of a product and see where it's cheapest
Going beyond this, what if:
- You could predict when something would be the cheapest
- You could ask a robot to find the best deal for you
- You saved money automatically
However, I don't think these are what if questions. These are when questions.
The future of saving money and deal hunting:
Bring like-minded people together and create advanced tools that support our efforts.
Most other sites focus on one thing or the other. Some are just big groups, others are just big tools. It'd be more beneficial to combine the two.
But what do you think? How do you feel bargain hunting, freebies, coupons, voucher codes and saving money will change?
Thank you for being a part of this journey. It's not a quick one, but it does become more interesting at every turn.