JPMorgan (JPM 1.74%) has begun a new initiative, opening its Resource Center for Mindful Spending, where Chase Blueprint customers can share and learn what the company calls "mindful spending practices." Is this something customers will actually use? Could this be counter to the desires of some credit card companies, which want people to borrow more? Fool financial analysts Matt Koppenheffer and David Hanson discuss this new initiative and what it could mean for customers and investors alike.
Can JPMorgan Make You a Smarter Spender?
By Matt Koppenheffer and David Hanson – Apr 22, 2013 at 7:15PM
NYSE: JPM
JPMorgan Chase
Market Cap
$817B
Today's Change
(-1.74%) $5.27
Current Price
$297.09
Price as of October 21, 2025 at 4:00 PM ET
Could JPMorgan's "Mindful Spending" educational initiative actually be helpful for its customers?
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.