Users know better about their spends

Asking users to categorize their transaction after its done.
Asking users questions like:
“How important was this transaction?”
“How will you categorize this transaction?” - Eg: Medical,Clothes,Self-love
Calculate opportunity costs at the end of month so users know where they could have saved.

3 Likes

Hey Nisha, Thanks for the amazing idea. We are digging into adding this feature in our transaction flow. :+1:

1 Like

When you say important @Nisha_Gupta, is it about : was is absolutely necessary, was is discretionary/for luxury or it’s something else ?

Brilliant idea infact. When the system tries to classify things on its own, it takes a lot of time to learn and may take years to perfect. Also some transactions, which are pretty normal for some people might be a luxury for a different person. So , an automated classification is bound to not make a cut with users. So, there is an excellent case for asking people to classify.

Liked the idea about how important this txn was…

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