APP OF THE MONTH
PURPOSIT COST: FREE OS:IOS
If you’ve got children, you’ll know that birthdays and Christmas can mean an excess of toys and gadgets – most of which they don’t really need and possibly don’t even want.
Sometimes one wellthought-out gift is a better way to go but big gestures often come with a big cost. This is where Purposit can help.
The new app helps you to bring family together to pitch in for a gift your child will really appreciate. It might be a dog, a small motorbike or their first (hopefully fairly cheap) car. The app enables you to crowdfund meaningful purchases exclusively with family and close friends.
Contributors can deposit funds into your bank account via the app, and see how you’re progressing towards your goal in real time.
If you set up a gift goal for your child, you bear no cost but contributors do incur a fee of 2.9% plus 90¢ per contribution.