Your salary is of great importance, be it for your career, your life, or simply out of curiosity. Last week, we talked about salary analysis, specifically your market value, to find out whether you are paid appropriately. With Numbrs Smart Wallet, you can find out where you are in comparison to your peers, based on your region. This helps you to be prepared for your next salary negotiation.
This week, we go into more detail on the second Insight, called Safety net. As an avid user of Numbrs, you already know many of the app’s features that greatly increase your ability to manage your personal finances. By showing you one balance on top of your homescreen, we make sure that you always know your financial situation right after opening Numbrs. You can set budgets, saving goals, and on top of that, categories help you bring more clarity to your income and spending.
Look beyond the here and now
All these possibilities help you to manage your finances every single day. But what about the look into the near future? Safety net makes that possible. Thanks to AI-powered Insights, you will know how long you would go without your salary, based on your account balance and your average expenses.
If you took leverage of the Market value insight, you already went through the salary setup. So there is no need for a setup. Safety net takes your account balance and your average spending over the last several months and creates a graph that shows you how long your savings last without an income.
Create your own Safety net
Emergencies can always happen, may it be on a personal or professional level. Budgets and saving goals help to eliminate some uncertainty and prepare you for what might come. But together with the Safety net Insight, you are really able to avoid financial problems.
Based on your average spending, you can see in one graph, how you stack up against it. Whether you have to lower your expenses to overcome a certain period with no income, or if you are safe for the time you have planned.
Safety net dynamically calculates how long you would go without a salary every single month. So you can check your situation continuously. This helps you to map out any possibility and react early if necessary.
Safety net is available now in the Numbrs Smart Wallet, right next to the Market value Insight. Check it out and see how long your savings would last.
If you want to learn more about the new features of Numbrs Smart Wallet, head to www.numbrs.com. If you have any further questions or comments, you can always contact our friendly support team. You can reach us via chat in the app or via email at email@example.com.