With version 2.203.0, we are releasing a new section in the mobile app for your own savings behavior.
Did you want to know how consistently you are sticking to your savings goals and savings rates? Then this feature is perfect for you.
By analyzing your purchases and sales, we check whether you are continuously saving your capital.
We generate an overview of your savings rates for each month, your target savings rate based on your information, and calculated data such as your average savings YTD, your total savings rate for the respective year, and a savings rate based on your income in our net worth overview.
The YTD average is calculated by dividing the total savings amount YTD by the number of months since the beginning of the year and since the savings goal was set.
The YTD savings rate is the percentage of your income that you use for investments in your portfolios.
The data is based on the data from your aggregated portfolios.
The monthly contributions are calculated by the sum of your purchases subtracted by the sum of your sells.