Today I speak with Courtenay Escoffery, the founder of Tomo. Tomo is a way of saving communally with your core network of close friends and family. The basic principles behind saving money with Tomo are accountability and encouragement. Users create a savings instance called a “Partner” with a monetary goal in mind and then invite their close friends and/or family to contribute. Each user gets to withdraw the entire amount of communal funds from the pot based on his or her turn in line until everyone has had a turn, thereby saving the set amount of money agreed upon.