MoneyBRAINS: Insights into YOUR finance position INSTANTLY

MoneyBRAINS is FREE new finance technology that helps you better understand your finances.It works by asking you 20 simple questions about your finances. Once answered, the technology will automatically work out:

• How you spend your money 
• Whether you are under ‘mortgage stress’ 
• How the banks view your position and how much you can borrow
• Where your risks lie and how to manage these risks
• How resilient your finances are to changes in interest rates, debt terms, etc.

That is, MoneyBRAINS allows investors to get a summary of their current financial & risk position. Investors can unpack their household finances in a concise, accurate and detailed way. This will help ensure that investors are not blindsided by risks you didn’t know about. Below is an example household assessment.

Figure 1: MoneyBRAINS analyses your financial position and provides users simple & accurate information about their financial position. Best of all, MoneyBRAINS provides users this information for FREE & INSTANTLY.

 

Finally, MoneyBRAINS will provide you with a few KEY pointers to better managing your risk.

Confidence Finance mission is to help educate Australian’s about their finances. We have developed MoneyBRAINS to help educate investors by providing a holistic reflection of their financial position.

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