You’re absolutely right, Nova needs to have good data to give relevant recommendation.
If you have managed to connect all your accounts, then you’re in the best case scenario. Nova automatically recognise your internal transfers across your accounts, credit card repayments… So reviewing the bills is usually enough.
Most of the problems come from when a bank account is not supported. Most old street banks don’t support their ISA and mortgage through Open Banking. Sometimes they don’t even support their savings account
When some accounts are missing, then users need to categorise their transfers to/from savings account as "Personal tranfer. Or use Monzo pots
As you guessed, Nova will learn from your recategorisation - we tried to make it as convenient as possible for users.
But you know, categorising transactions isn’t just for the AI. It also helps to have a 360 view on all your finances in order to understand your monthly cash flows, monitor the bills, and analyse your spending trends.
Also, if you have a reasonable amount of savings, the line graph in the Accounts tab is hard to read because a fairly large change in your savings is relatively small overall so it doesn’t really show up.
In the Accounts tab, can you try to tap on the top right icon (Manage Accounts) to toggle off the savings accounts with a large balance? Let me know if it solves the problem.
I’d also like to be able to set a set a goal in the goal tab without setting a deadline for it and see a forecast of when I’d reach that goal, based on my previous month’s savings.
I take note that you want custom budget, it will be in our roadmap
To set goals without a deadline, you can chose the option “Tell me when I can afford it” and Nova will recommend you a date.
Speaking of the FAQ, I’d probably reword the question RE anonymity. I think you’re misconstruing what anonymous actually means here, and what you really mean to say is private.
Ok this FAQ really needs an update . But I actually meant anonymous. We don’t ask people’s real name and don’t require to verify their identity.
Thank you very much for your feedback and support - I appreciate