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MoneyFIT: Compare Your Story to Your Peers’ Story in Moorr®

Have you ever pondered how your performance stacks up against your peers?

Benchmarking is a valuable practice because it enables you to gauge your own achievements or progress against a standard or a group of similar individuals. When it comes to managing your finances, having a benchmark can offer insights into how your income and expenses compare to those of others in similar circumstances. This, in turn, empowers you to make well-informed decisions regarding your financial priorities. Furthermore, having a benchmark can help you pinpoint areas where you might need to refine your financial habits or strategies in order to reach your goals.

However, finding an appropriate benchmark isn’t always straightforward.

That’s where Moorr’s MoneyFIT steps in. 😊

Exclusive to desktop users, MoneyFIT is an advanced financial management and insight tool available on our platform. It allows you to assess your household’s financial status in comparison to other Moorr users in Australia. This tool provides valuable insights into how your income and expenditures measure up against those of individuals in the same state, age group, or even household composition. It sheds light on areas where you might be spending more or less than your peers.

MoneyFIT operates on anonymized data available on our platform. All Moorr users have access to both desktop and mobile features for free, so be sure to log in to your Moorr account via your desktop and explore MoneyFIT!

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