Understanding your savings

Savings are one of the most telling signals of your financial health: it’s what remains after your expenses. Noryo highlights this indicator on your dashboard and links it to your goals. Here’s how to understand and use it.

What your savings represent

Simply put, your monthly savings correspond to the difference between what comes in and what goes out over the period. It’s your ability to set money aside. On the dashboard, it appears as a dedicated indicator, along with its trend.

The savings rate and the Noryo Score

The savings rate is one of the dimensions that feed your <strong>Noryo Score</strong>, the financial health rating out of 100. A steady and positive rate boosts the score. Tracking your savings therefore also directly impacts your score.

Linking savings to your goals

A savings goal gives a concrete direction to your effort. You assign it a name, an icon, a target amount, and, if you wish, a deadline. Quick-add buttons let you contribute to it, and a simulator estimates the achievement date based on your current pace.

Why my savings vary from month to month

• An exceptional expense (a holiday, a major purchase) reduces savings for the month, which is not a cause for concern.
• Irregular income (a bonus, a refund) temporarily inflates savings.
• Pending operations can shift the calculation for a while, until the bank confirms them.
• A cash expense you have not recorded does not appear until you add it manually.

Limitations to keep in mind

The displayed savings reflect what Noryo sees from your connected accounts. If not all your accounts are linked, or if some expenses are made outside banking, the measurement may be partial. Connecting your main accounts and adding manual expenses makes the figure more accurate.

Understand the Noryo ScoreSee how your savings affect your financial health score.