BUILD MONEY HABITS AND ACHIEVE YOUR GOALS FASTER
Bigmo (Big Moments) is a habit forming money app (not yet another dashboard app or an app that forces you to move money out of your accounts) that encourages you to stick to your saving goals and rewards you for your spending discipline. Using proven research from the field of behavioural economics and game mechanics, bigmo nudges you away from impulse spending traps and motivates you to reach your financial goals faster. You do all this whilst still spending money on stuff you love!
IS BIGMO FOR YOU?
If you tick one ore more of the below, then you are at the right place.
1. You have tried few other apps but still dont bother to check it regularly or end up not sticking to your budget.
2. You are someone that is serious about achieving your big moments —> Saving for your home deposit, Saving for a car, Emergencies, Wedding, Education etc. And you believe you could do much better!
3. You are someone that love to spend but care to save more for the big moments in life.
4. You are not inclined to use apps that forces you to move your savings out to an external accounts.
5. You are unclear on how to build a comprehensive saving/spending plan for your circumstances and stick to it.
6. You spend with multiple bank accounts/credit cards and your spending is happening at a much higher pace!
HOW DOES IT WORK?
Bigmo (Short for Big moments) is on a mission to help users save more for their big moments in life. As a user you set goals, link your accounts and participate in a gamified competitive mission to fulfil your goals, where you compete with peers to achieve your goals. Each week as you are disciplined with your spending, you earn bidz which is our in-app virtual currency, participate in weekly mini games and live auctions to win exciting rewards every single week. The rewards get better the better you perform.
HOW LONG DOES IT TAKE TO USE IT?
The app takes 5-10 mins to onboard and start realising value.
WHAT ARE THE KEY BENEFITS?
1. The ability to build a financial plan in less than 10 mins.
2. The ability to link all your spending accounts in 1 single app and get a holistic view of your finances.
3. A unique and personalised challenge to keep you accountable and help you reach your saving goals.
4. A comprehensive and market leading spending and saving analytics. You won’t miss much if you are already on a money app!
5. Nudges at the right time to get you on track.
6. Gamified interventions to give you the Oomph —> Streaks/Leaderboards/Mini game/ Auctions
WHAT ARE THE STEPS INVOLVED?
Bigmo works in 5 simple steps
1. Set your financial goals. We help you set you ambitious but achievable saving goals.
2. Link your bank accounts securely with bigmo. As a financial app, linking accounts enable us to track your spending, offer insights and nudges to keep you on track.
3. Commit to your goals by entering the bigmo spending challenge. Challenges are personalised for you and you operate within the broader rules common to all.
4. Perform and stick to your goals. We offer the insights and dashboards to help you stay on track.
5. Get rewarded for your performance. When you stay committed on a weekly basis, you get to play mini-games and win prizes - virtual currencies or cash based on availability. The rewards get bigger and better each week.
Think of bigmo, as a layer on top of your bank accounts that motivates and enables you to form positive money habits and sets you on a mission to achieve your goals. Finally, we will never sell your data and don’t/can’t move your money out to external accounts.
Big Picture Labs Ltd is an agent of Plaid Financial Ltd., an authorised payment institution regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 (Firm Reference Number: 804718). Plaid provides you with regulated account information services through Big Picture Labs Ltd as its agent