It is the summer of new as we released our latest Insights “Spending habits” in June and July. Spending habits is our biggest release for My Wealth, therefore we decided to split it into two feature packed updates for your Numbrs Wallet.
As you know it from “Salary analysis”, we want to take the opportunity to showcase every single Insight and tell you everything you need to leverage Numbrs as best as possible. We hit it off with “Average spending”, the first Insight for your spending habits.
What are actually your spending habits?
Tracking your spending is a good habit - and with every habit, the easier it is to do, the more the more likely it improves. Manual tracking usually involves lots of scrolling through your transactions, scanning for various purchases – whether large or small. If you are not an avid Excel lover that finds joy in tracking everything manually, then chances are high you don’t track your spending on a regular basis.
Which also means you don’t really know how much you spend on average. Numbrs is here to help. The first Insight for our new Spending habits feature does everything for you. And you don’t really have to do anything.
Set up your Spending habits by accessing it through your My Wealth feature. Every Insight we released so far is accessible on top of the screen. One tap brings you right in the action. Based on the bank accounts you added in your Wallet, Numbrs analyses every transaction of every account. The algorithms process the data and visualise your spending.
A useful look back to make the right choice moving forward
“Average spending”, like all of our other Insights, is presented in a card. The card consists of a graphic, showing your spending over the past six months. The red line represents your average spending while every month displays a bar. One quick glance is enough to understand how your average spending develops over the course of the last half year.
Let’s say you feel like there is less and less money left at the end of the month. “Average spending” can tell you in which months you spent more than your average. And on top of that, the average line also gives you a good idea of how much of your income you spend in total. Start tracking the red line in the next months and be able to act, if necessary.
Begin your Spending habits analysis right now and take advantage of our new Insights.
If you want to learn more about the new features of Numbrs 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.