Unlike other budgeting or money management apps, Moorr operates on autopilot when it comes to handling your finances. It is designed in such a way that you don’t have to meticulously track every single dollar that flows in and out. Instead, it enables households to monitor their monthly and annual spending, income, and surplus, focusing less on individual transactions.
That being said, you can still utilize the Moorr app to track your expenses within specific categories. For instance, if you have a provision set aside for groceries, you can enter the allocated amount and deduct the cost of items or groceries you purchase each day. Some customers have found it helpful to maintain a detailed list of their expenditures based on these provisions.
Furthermore, we are currently exploring the possibility of integrating open banking connections, which would automatically sync your banking transactions with the app as well. This feature aims to eliminate the need for a separate spreadsheet, providing a more streamlined experience for our users. However, we are still at a very early stage of scoping for this feature so I can’t tell you when it will be available.