Why SIGMIB?

SIGMIB was born from a need that almost all people in the world have, and that is to save. At the end of the day, saving is that cushion that allows you to escape from your daily life and do those exceptional things that you can't stop thinking about. Travel, live unique experiences, embark on great projects; a new car, a house, or simply facing unforeseen events. Saving is and has always been very important, there is no doubt.

However, due to the instability in which we live today, sometimes the concept of savings seems to be a "luxury", something that is good to have, but that unfortunately becomes secondary when the day to day carries us away. The real problem comes when the lack of savings is combined with the hunger to live experiences, travel, and get out of the routine. Furthermore, we all know that unforeseen events still exist. I think we can agree that saving is not a luxury, it is a necessity.

But to start saving, we must first know ourselves well, understand our finances well. The reality is that many people don't know exactly what their saving goal is, or where their money is going. Not knowing it is even more serious in the current situation, while prices increase without an accompanying increase in income. Therefore, it's more important than ever to understand our finances deeply.

To try to solve the problem, many of us try to resort to formulas that dictate what percentage of annual savings we should have, such as the 50/30/20 rule. These fixed formulas can be very useful, of course, but at SIGMIB we believe that these percentages should be marked by YOU, specifically for YOU and aligned with the life YOU want to lead. Each person is unique, and we cannot all aim to set the same goal. It is important to set affordable goals to avoid frustration, and to allow us to maintain our quality of life as much as possible.

For all the above reasons, we created SIGMIB. Looking at it in a more practical way, what does SIGMIB contribute to these problems?

1. Analysis of your finances. If we don't know where our money goes, how can we save? SIGMIB will analyze your expenses and income in detail, so that you know exactly how you are spending your money, where your income comes from, how much you have saved each month and your annual balance. It will also distribute and group all your transactions into different types according to their characteristics, so you can find specific savings opportunities based on them. But this is not all! You will also be able to see price trends in specific categories (for example, your shopping basket or household expenses), add your own division of expenses (for example, within your household expenses, know how much you spend in water, electricity, and heating, separately), even knowing which businesses you usually spend the most money on (for example, in leisure, at the movies, beers with friends...). SIGMIB will give you a very in-depth analysis of all your finances just by adding your transactions in a survey... What are you waiting for?
2. Customize savings plan. SIGMIB will help you design a budget tailored specifically to you. It will allow you to "draw" a spending plan that reflects what your life is like, from those more fixed expenses that you cannot avoid, to those trips or activities that you can eliminate if it's really necessary. It will serve as a guide to control your expenses, where your money is going to go, know how much income you will have, and how much you will be able to save if everything goes according to the plan. Highly recommended for saving and setting clear goals! Once you have created your budget, you will be able to analyze the status of your finances at any time and know if you are on plan or if you are deviating a little. In the event that you deviate from the budget, SIGMIB will clarify what you have gone over, and you can always analyze where to cut back.
3. Make your finances simple. We are aware that many of us do not like numbers... Hence one of our pillars is simplicity. SIGMIB uses Google Sheets and Google Forms to work, tools that anyone can access. You do not need to have knowledge of these tools to be able to use it. To get started with SIGMIB, you will only need to perform a 5-minute installation. Then, just by entering your expenses and income in a simple survey, you're done. Every time you record a transaction in this survey, SIGMIB will receive the information and analyze it instantly and automatically, without you having to do anything. Basically, you will have your accounts done constantly, with just the small effort of writing down your expenses and income in your survey as they happen. Once you have your SIGMIB, we recommend that you take a look at the tutorials that we will make available to you to get the most out of it.
4. Ensure that you take care of your finances throughout your life . We believe that keeping an eye on your finances is not temporary, but a lifelong necessity. Therefore, with SIGMIB you pay once, and you enjoy it for life. We want you to take care of your finances and therefore, SIGMIB will always be accessible to you.

Do you want to know more about your finances? Are you ready to save more and achieve your goals? Create your SIGMIB now and have it ready in 5 minutes!