What are NOMI Budgets?
NOMI Budgets is a budgeting solution that is an extension of NOMI Insights. NOMI Budgets includes intelligent recommendations of personalized budgets presented to you through NOMI Insights. They are automatically generated based on your spending habits. Therefore, depending on your spending habits, you may receive insights that will help you to create a budget. You can also set up a budget without receiving the recommendation.
NOMI Budgets currently offers 5 discretionary spending categories, which are: Transportation, entertainment, cash withdrawals, dining and shopping.
To create another type of budget in the Mobile app:
- You may get a NOMI Insight recommending you to set up a budget. Alternatively, you can tap Add Budget from the Admin Menu in the NOMI section.
- Follow the instructions.