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An Honest Review on AskTrim App

Introduction

Managing expenses is not an easy task. It requires a lot of mathematical and analytical skills. If seeing numbers confused you a lot then most probably you are having a hard time balancing your finances. Good thing there are AIs and virtual assistants that can help you with this kind of struggle and one of which is Trim.

Who is Trim?

Trim is your virtual tool, or may I say, assistant, that can help you save your money and analyze your accounts. Trim is not the only platform on the World Wide Web that gives you overview to your financial concerns but there is a major difference as to why it stands out among others (which will be discussed later.)

History of Trim

In 2015, Trim was introduced to the public by its developers Daniel Petkevich and Thomas Smyth. Both of them had a different job prior to Trim, however, they quit their day jobs and focus on Trim to help consumers save their money automatically from the hidden charges incurred from different utility bills. They themselves, especially Smyth, have encountered being charged by cable companies without their knowledge. Although the overpayment was returned to Smyth, he started to look for ways to make a robot or an AI that could deal with this kind of issue instantly and so Trim was born.

How Trim Works

First and foremost, you have to sign up for a free account at www.asktrim.com to be able to access Trim. Once you supply the platform with your full name, email address, and password, you are then asked to secure your account using your Facebook messenger or via SMS messaging. After which, you have to fill in your bank information and then you can start saving.

Benefits of Trim

First of all, the main objective of why Trim was created was to help stop unwanted charges to recur monthly. The AI was built so that it can monitor all your paid subscriptions that are due every month. It will identify it by the looking through your bank accounts which you have linked upon signing up.

Rest assured that your bank data are safe because the developer made use of Plaid, an encryption service. As soon as Trim detects the monthly charges the Ai will contact you via Facebook Messenger of text to ask if you want to unsubscribe or not. If you wish to unsubscribe, all you have to do is message back with “Cancel” and automatically Trim will cancel the subscriptions. And the best part of which is that Trim will not ask for a service fee.

Another amazing feature of the robot is that you do not need to talk to an automated customer service representative. It will do the work for you! As of writing, the reported success rate of Trim in lowering the client’s bill is 70%. There are glitches along the way like failure to cancel the recurring bills. But on the brighter side, the AI has made your knowledge of that recurring bill hence you can do the cancellation yourself and in return, you will be able to save money.

With Trim, you can earn cash back. While Trim can help you save money, it can also help you earn some. Trim has collaborated with Visa that with at least $10 of spending using your credit card, you will be rewarded back with a dollar or two as an incentive. If you want to know its legitimacy, why not go to their website at and see for yourself.

Another promising feature of Trim is its ability to send you alerts every time its payday if you have overdraft fee, late fee or large transactions, and when you have a low balance on your card. The alert option is very beneficial if you want to be hands-on with your finances.

If you are into online shopping, Trim can help you save money and make rash decisions. It has tied up with Amazon and what Trim does is it monitors the price of the product you want and also it can ask Amazon for you for a price adjustment.

If you have insurances, Trim can help you save a ton of money because it has also managed to get a partnership with an insurance company. What Trim again does is monitor the prices and get a deal that is very beneficial to your wallet.

Another thing that Trim can do is negotiate with Comcast. It can help you save money from your internet and cable subscription.  The downfall is that whatever you saved for the whole year from this negotiation, Trim will cut 25% out of it. Although you were able to save money the sad part is, Trim will get his cut first before you get what is for you.

Our Standpoint

Trim is a wonderful tool that can help you out of bad situations like recurring unwanted charges that are have gone out of your mind. It is easy to use and it can help you save some bucks and at the same time earn a few bucks. It has the potential in assisting many people struggling with their finances. Just go to its website, sign up and the next thing you know, you are saving money.

One major setback of the platform is that it does not have a mobile app, unlike its other rivals. It is a fact that almost every one involves and depends on their mobile phones in their activities of daily living like online shopping, online banking and so on and so forth. If only the developers have created a mobile app, then it would be an app that is hard to beat.

However, even if Trim can do most of the work for you, it is still believed that nothing can beat the human brain. It is still best to manage your finances hands on and not just rely on it to an AI. After all, you do not just watch your hard earned money goes to drain. You have to do something about it.

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