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We’re living in wild times.
Part of Cleo’s charm is to help you track where your money goes each month. And as you can imagine, the data’s looking a bit different these days (obvi it’s all anonymized and no, it’s not for sale. You can read more about Cleo’s security policy here).
Your PSN purchases are up 62%
Average spending at Starbucks has dropped by more than half
The number of Crunchwraps consumed is down by nearly a third. Eating out in general? Down 40%
DoorDash spending is on the up. We’ve seen the number of orders rise by 15.17%
Between March and April, we’ve seen a 66% drop in your spending on that getaway. We know. It sucks
The number of journeys is down by 55%. Lyft trips have also been cut back by 68%. Unsurprisingly, you’re not getting out much at all. Transport spend has dipped by 44%
Shopping spend is down by over a third
It was Cleo’s #1 merchant last month, and still holds the top spot
Entertainment spending is down 34%...
There’s been a 10% increase in people putting money in savings. But bank charges still persist. Not cool
Things are tough right now and turns out, pandemics don’t spare your finances. On a mission to help where we can, we made Random Acts of Relief. Long story short – Michael gifted some money to someone in need and left this truly iconic note alongside it. We did what anyone with an aching desire for words of affirmation right now would do and hit him up for MORE.
You didn’t hear it from me, but Cleo Engineers aren’t perfect. We have bugs. We have quite a few of them. Our relentless focus at Cleo is to make it as simple and joyful as possible for our users to level up their relationship with money.
Look, it’s a psychologically weird time right now. I haven’t spoken to a new human in three weeks, I’ve downloaded TikTok, and I’m still not drinking enough water.
