LOGIN

Monthly Wrap | May 2024

This is probably our busiest quarter ever with so many releases! We’ve been hustling to make managing your finance even easier, and we’ve got a ton of cool stuff to show you! 🚀

From the new Cash Position Chart on our mobile app to the Offset Tracker on the webapp, we’ve got tools to help you stay on top of your finances. Plus, we’ve added Change Over Time tools for income and expenses, and Bulk Add & Bulk Edit features for borrowings, assets, and income. It’s all about saving you time and making your financial journey smoother.

In our latest educational content, Evan Lucas dives into biases affecting investments and tackles common bad habits holding back wealth creation. And there’s more good stuff coming soon, so keep an eye out for our monthly updates. 

What’s New This Month?

1. NEW Mobile Insight! Cash Position Chart

This new feature consolidates all your account balances—transaction, offset, savings, and more—into one easy-to-understand chart, providing a single source of truth for your financial standing. Available now in the Moorr mobile app, this tool helps you manage your money more efficiently. Learn more about the Cash Position Chart here >

2. Outstanding Loan Balance vs Offset Insights (Offset Tracker) on Webapp:

This innovative tool allows you to track your mortgage balance alongside your offset balance, providing a clear visual of your progress in reducing your mortgage over time. By updating your balances, you can see the impact of your offset account on your mortgage, highlighting interest savings and helping you pay off your mortgage sooner. Learn more here >

 

3. Change Over Time – Income & Expenses:

These tools allow you to visualise historical graphs of your budgeted expenses and income, helping you identify trends and combat lifestyle creep. With precise filtering options, you can track your financial journey over months or years, providing a comprehensive overview of your spending and income growth to ensure you stay on track with your financial goals. Check out each of them below:

 

4. Bulk Add & Bulk Edit for Borrowings, Assets and Income

Following the success of our bulk add and edit features for expenses, we have extended this functionality to borrowings, asset and income as well! These enhancements allow users to efficiently manage multiple income streams, assets, and borrowings, saving time and reducing the complexity of financial management. Below are the links to learn more about each of these updates:

5. And heaps of other mini-updates and improvements such as:

  • Added additional card view on MyFINANCIALS you can now view cards horizontally and grouped under headings.
  • Non-Taxable Income is now included in the Annual Income tile at the top of the Home Dashboard Summary
  • Archiving expenses cards in the bulk edit section
  • Added additional information under ‘Purpose’ on borrowings cards.

You can learn more about our regular updates here >>

New Educational Content Released

1. Webinar Replay: Moorr’s Best Tools for the Job: What to Use When

Did you know that Moorr is built on four core pillars – Lifestyle, Money, Property & Wealth, boasting over 25 features and tools, offering 100+ insights, and continually growing? Join our webinar for a deep dive into understanding key features, optimizing Moorr for financial management, and reaching your property, wealth, and personal goals. Through case studies, discover the best tools and witness how data converges for meaningful insights using our “track your progress” approach to money management.

Don’t miss this webinar for unlocking Moorr’s full potential in mastering finances and achieving your goals. Watch the replay here >

 

2. How THIS Particular Bias Shapes Your Investments

Evan Lucas, Moorr’s new ambasaddor has been busy producing lots of educational contents. In this video, he explores hyperbolic discounting and its impact on your investments in his latest blog. Discover why we favour immediate rewards over long-term gains and how this bias affects financial decisions. Learn practical tips to improve your investment strategy by thinking long-term. Don’t miss this insightful piece from Moorr’s new ambassador! Watch now to understand your financial habits better.

 

3. The Surprising Bad Habit Holding You Back

In this blog, Evan Lucas tackles the bad habits that hinder long-term wealth creation. He explains “tunneling,” the tendency to focus on small details and mistakes rather than the big picture, and “planning fallacy,” our tendency to be overly optimistic about time and costs. Learn more here >

What’s Coming

And of course, we have an array of incredible tools and features lined up for you in the near future:

  • (June 2024) Depreciation Fields for Investment Properties
  • (June 2024) Video – 99% Have AAC Biases. Do You?
  • (June 2024) Video – The Real Cost of Holding On
  • (Q3 2024)  Asset & Debt Position Charts: Our Mobile App will see some updates too when it comes to richer and deeper insights available right at your fingertips.
  • (Q3 2024) Offset Benefits Insights & Offset Assignment Restrictions

And that’s just a taste of what’s to come; we have plenty more surprises up our sleeves so make sure you look out for our monthly updates in your mailbox. 😉

You might also be interested in

Try Moorr For Free Today

Spend money on the things you want without guilt and save for the future with confidence. You can have the best of both worlds. Achieve more, with Moorr

Let us know how to keep you in the loop!

Let us know how to keep you in the loop!

 
 

Privacy Policy

This following document sets forth the Privacy Policy for this website. We are bound by the Privacy Act 1988 (Crh), which sets out a number of principles concerning the privacy of individuals using this website.

Collection of your personal information

We collect Non-Personally Identifiable Information from visitors to this Website. Non-Personally Identifiable Information is information that cannot by itself be used to identify a particular person or entity, and may include your IP host address, pages viewed, browser type, Internet browsing and usage habits, advertisements that you click on, Internet Service Provider, domain name, the time/date of your visit to this Website, the referring URL and your computer’s operating system.

Free offers & opt-ins

Participation in providing your email address in return for an offer from this site is completely voluntary and the user therefore has a choice whether or not to disclose your information. You may unsubscribe at any time so that you will not receive future emails.

Sharing of your personal information

Your personal information that we collect as a result of you purchasing our products & services, will NOT be shared with any third party, nor will it be used for unsolicited email marketing or spam. We may send you occasional marketing material in relation to our design services.

What Information Do We Collect?

If you choose to correspond with us through email, we may retain the content of your email messages together with your email address and our responses.

Cookie Based Marketing

Some of our advertising campaigns may track users across different websites for the purpose of displaying advertising. We do not know which specific website are used in these campaigns, but you should assume tracking occurs, and if this is an issue you should turn-off third party cookies in your web browser.

How Do We Use Information We Collect from Cookies?

As you visit and browse Our Website, the Our Website uses cookies to differentiate you from other users. In some cases, we also use cookies to prevent you from having to log in more than is necessary for security. Cookies, in conjunction with our web server log files or pixels, allow us to calculate the aggregate number of people visiting Our Website and which parts of the site are most popular. This helps us gather feedback to constantly improve Our Website and better serve our clients. Cookies and pixels do not allow us to gather any personal information about you and we do not intentionally store any personal information that your browser provided to us in your cookies.

IP Addresses

P addresses are used by your computer every time you are connected to the Internet. Your IP address is a number that is used by computers on the network to identify your computer. IP addresses are automatically collected by our web server as part of demographic and profile data known as traffic data so that data (such as the Web pages you request) can be sent to you.

Sharing and Selling Information

We do not share, sell, lend or lease any of the information that uniquely identify a subscriber (such as email addresses or personal details) with anyone except to the extent it is necessary to process transactions or provide Services that you have requested.

How Can You Access and Correct Your Information?

You may request access to all your personally identifiable information that we collect online and maintain in our database by using our contact page form.

Changes to this Privacy Policy

We reserve the right to make amendments to this Privacy Policy at any time. If you have objections to the Privacy Policy, you should not access or use this website. You may contact us at any time with regards to this privacy policy.