Nova Money Reviews

Koinly Reviews

Nova Money mentions (22)

• Feedback for an app to help plan finances and control impulsive spending

  Nova uses Open Banking APIs so no need for manual input of transactions. Everything is automated - even bill detection. We launched this version last May and about 95% of our users are developers or in tech - some have mentioned having ADHD too! Would love to hear your thoughts (good or bad) on how we can improve the product, messaging, website, etc. Thank you so much in advance. Source: almost 1 year ago

• Is it possible to travel forever on 600K net worth? Not alienincome, just a simple life.

  u/expatright I'd recommend picking your target destinations on Nomadlist and Numbeo, then give Nova money a whirl to get a sense of what kind of lifestyle and travels could be on the cards for you. Source: about 1 year ago

• How much did kids delay FIRE for you?

  So I can't put a number on how many years it'll add to your retirement target, but these are the main factors. There a few decent forecasting tools like Projectionlab for long-term planning and Nova Money for the daily stuff. Have a go at different scenarios (1 child, 2 children...) and I'm willing to wager it'll be more than 5 years. Source: about 1 year ago

• Need to get a handle on our spending - any good (preferably free) software please?

  Nova Money https://novamoney.com/ does all you are looking for 👍. Source: almost 2 years ago

• Building Nova #1: The immortal bug and plans for the future

  In other news, we are also working on adding some much needed clarity to the Goals screen. In the next feature release (some time next week), we will add a visual representation of the entire plan that Nova has crafted for you in order to reach your Goals. This will show all of the future planned allocations that you must put towards your goals in order to complete them. We don’t want you to tunnel vision on the... Source: almost 2 years ago

Koinly mentions (306)

• Tax Question. If i buy $1000 worth of crypto and sell 50% on a double and then let the balance ride. Am i exempt from paying tax on that transaction?

  Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 7 months ago

• 48-nation bloc to crack down on using crypto assets to avoid tax

  Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 8 months ago

• Questions about defi

  -is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 12 months ago

• I made around 90K profit from a meme coin (crypto)recently and I’m 18 years old and have no idea how to go about taxes. Please help me . Also what could I do with my profits ?

  Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: about 1 year ago

• Staked ETH Rewards on Coinbase

  I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: about 1 year ago