Savings tool involves friends and family to help reach goals

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Setting interim goals is an important part of achieving any long-term aspiration, and saving is no exception. Much the way SmartyPig makes saving social, so Piggymojo helps to reinforce saving with positive feedback from the user's friends and family. While many savings sites show users what they've been spending, with a focus on budgeting, Piggymojo offers a concrete way to fight fleeting temptations and reinforces such resolve with numerous sources of positive feedback. Users begin by signing up with the service and declaring a goal, including how much they want to save and by when. They also pick an image…

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