Moka offers some great features that help you save more and reach your financial goals faster.
A great option to save faster is to invest one-time boost amounts to save more, faster. The boost feature allows you to make a specific, one-time deposit to your investments.
To boost your account:
Log in to your Moka application;
In the Overview section, select any of your goal(s);
When a new window opens, select + Adjust Contributions;
Indicate the amount you wish to add to your goal.
Then, the weekly contribution feature allows you to contribute a fixed amount, to any goal, every week! Adjusting the amount higher or lower, even by $1 can make an impact to what you can be on track for. Use the Moka Wealth Calculator to project a contribution amount that suits you. Try it out in-app or here.
Weekly Contributions offer several benefits such as stability in setting a predictable savings amount, simplicity in eliminating variability, and resilience in functioning without dependency on your bank's connection. These features make them effective for achieving long-term financial goals.
In order to adjust the weekly contribution feature:
Log in to your Moka application;
Open the "Overview" section and select the goal you wish to adjust;
Find the Weekly Contributions field within the goal details;
Edit the displayed contribution amount to your preferred value.
Keep in mind that boost amounts & weekly contributions will be transferred from your funding source at the same time, every Monday!
On top of that, you can boost your savings even further with Moka’s referral program! Check it out to learn more.
An added advantage of Weekly Contributions is their reliability; they continue to work independently from your bank connection, ensuring seamless savings even if connection issues arise.