FEATURES
Proven Methods.
We are guided by fundamental principles that inspire us in creating the application.
Fundamental Principles of Personal Finance Management:
- Pay off debts
- Pay yourself first
- Save half, spend half
- Prioritize expenses
- Continuously increase income
- Distinguish between real needs and mere wants
KEY FEATURES
All the tools you can imagine for managing finances and budget planning in one place. It's simple and intuitive.
Customize budget
You can start with a default budget (a sample structure). But if you wish, you can create a completely customized structure for your budget. Define your own categories and subcategories of expenses. A well-prepared structure should align closely with your values and goals. In your household budget, you'll clearly see whether your plan—what you want to achieve—and the implementation—what you're actually doing—are consistent.
Tracking Financial Goals
In the app, you can set your own financial goals. MoMoney will help you achieve them by monitoring your progress and keeping you informed along the way. Conscious financial management is all about setting and achieving goals. Start small, then work your way up. These smaller goals will help build the proper habits and foundations for the larger ones.
Hierarchy and Priorities
The budget structure has a two-level hierarchy and is also prioritized, meaning that categories/subcategories are arranged according to their importance/priority. At the top are the most important, and as you go down, they become less important. Life priorities can change, and the same goes for budget priorities. The user can change the position (priority) of categories/subcategories at any time. The MoMoney app allows for complete editing of the budget structure, including changing priorities.
And much more!
WE ARE EVOLVING FOR YOU
MoMoney is a comprehensive, digital solution that allows users to easily and conveniently manage their personal finances.
In line with typical market practice for new Fin-Tech ventures, MoMoney's operations are being launched in phases, starting with basic services and then gradually expanding the range of services and functionalities. This approach allows for quicker deployment of essential services for you and ensures you have a better experience.
Announcement of Offer and Start of Customer Registration for Early Access List
- Customers can familiarize themselves with the offer and register on the platform as early users.
- Registered individuals will be the first to gain access to services in the premiere version of the MoMoney app.
Launch of Basic Services
- Stage 2
First, MoMoney will launch its most important features and modules: Budget and Transactions. In this way, the app will achieve basic functionality that allows for budget planning and monitoring its execution. Thus, it will provide basic but comprehensive value to the User, despite the app being equipped with a minimal set of features and functions. The above functions and features are marked as "Available."
Launch of Additional Services and Functionalities
- Stage 3
Next, MoMoney will gradually add more services and functionalities. The above functions and features are marked as "Coming Soon."
SERVICE GUIDE
Our Services and Functionalities
Available Services and App Functionalities
|
Area |
Details |
Availability |
|
Budget - module for budget planning |
Creating budget structure |
Available |
|
Planning amounts for budget categories/subcategories |
Available |
|
|
Tracking budget (plan) execution |
Available |
|
|
Tracking goal(s) execution |
Coming Soon |
|
|
Budget sharing |
Coming Soon |
|
|
Multiple budgets |
Coming Soon |
|
|
Currencies (PLN, USD, EUR, GBP, DKK, SEK, NOK, CHF) |
Available |
|
|
"Accounts" in the Budget module |
Budget accounts
|
Available |
|
Credit accounts |
Coming Soon |
|
|
Asset accounts |
Coming Soon |
|
|
Transactions - module for tracking transactions |
Manual transaction adding |
Available |
|
Semi-automatic transaction adding - CSV file import |
Coming Soon |
|
|
Automatic transaction adding - synchronization with bank account |
Coming Soon |
|
|
Reports - module for viewing reports and analyzing plan and goal execution |
Monthly report
|
Coming Soon |
|
Yearly report |
Coming Soon |
|
|
Financial health |
Coming Soon |
|
|
Net worth |
Coming Soon |
|
|
Goals - module for defining and verifying goals
|
Set spending limit |
Coming Soon |
|
Target saving level/balance |
Coming Soon |
|
|
8 Steps to Financial Independence program |
Coming Soon |
|
|
Courses |
Home Budget Challenge in a Week |
Available |
|
Step-by-step Mortgage Loan |
Coming Soon |
|
|
Understanding Insurances |
Coming Soon |
|
|
Wealth Building |
Coming Soon |
Available Channels
|
Channel |
Details |
Availability |
|
Web Application |
Chrome, Firefox, Safari, Brave, Edge |
Available |
|
Mobile Application |
Android Application |
Coming Soon |
|
iOS Application |
Coming Soon |
WE HAVE A PLAN
MoMoney ROADMAP
09.2023By September 2023, adding functionalities:
1) Facilitating and speeding up the process of adding transactions to the budget, including:
- Import of CSV files from bank accounts,
- Synchronization of the application with bank accounts. This service will operate based on the PSD2 Directive (Directive (EU) 2015/2366 of the European Parliament and of the Council of 25 November 2015 on payment services in the internal market). According to this EU directive, banks are required to provide access to their customers' accounts to external entities. Of course, only with the customer's consent. The application will use the open banking service known as "AIS," which involves providing information about the account (transaction history and balance), without the ability to perform transactions.
- The application allows the creation of multiple budgets (the number depends on the user's preferences). For instance, a user can create a family budget and share it with another person (spouse, partner, etc.).
12.2023By December 2023, adding functionalities and additional modules to the application:
1) Module: Reports/Analytics, within this module including:- Monthly report (1. expenses by category, 2. cashflow, 3. balance)
- Yearly report (budget overview - income and expenses on an annual basis - each month + summary + % summary)
- Financial health (consumer spending vs savings/investment spending)
- "Small goals" => building habits (1. set spending limit for a subcategory, 2. savings balance to achieve for a subcategory)
- "Big goals" => wealth building, achieving financial independence and freedom
DON'T WAIT
Why you should join now
By joining now, you gain access to the product on favorable financial terms, and with each application upgrade, you'll receive new valuable functionalities that would otherwise come at a higher cost. As we introduce further updates and expand functionalities, the subscription price will increase. The initial price for the beta version is 0.99 USD/month or 9.99 USD/year. Eventually, the planned price will be higher. If an application upgrade occurs during your subscription period, it won't affect your subscription price.
By joining now and selecting the annual subscription, you secure a fixed price for the year. MoMoney services will never again be available at this price.
Start now and
make your finances transparent and organized.
With MoMoney, you can easily create a household budget, begin managing your money consciously, track your income and expenses, and analyze reports.
