The Automatic Automation uses Plum's AI technology to analyze your income, transactions, and available balance. That way it can calculate the appropriate amount to set aside, entirely based on your needs.
How it works
When you connect your bank account to Plum, it looks at your bank transactions from the last 3 to 12 months. This helps Plum understand your spending habits as well as your income streams.
Plum uses this information to figure out how much money it can safely set aside for you without making you feel restricted. It does this every few days based on how you've been spending lately.
How to Set Up
Open your app to the Homescreen
Open the Automations section
Tap on Automatic.
Switch it on using the toggle.
You can also choose how much money you want Plum to save by picking a Mood in the app.
Moods
Moods is a feature of the Automatic Automation which lets you decide how much money you want Plum to set aside every time. The default mood is Normal 😊
If you want to put aside more money, you can use:
Eager 😎 (25% more than Normal)
Ambitious 🤑 (50% more than Normal)
Beast Mode 🦁 (75% more than Normal)
If you want to put aside less money, you can use:
Chilled 😴 (25% less than Normal)
Shy 🙈 (50% less than Normal)