August 13 2020
In life it is very important to set goals for yourself to give you something to work towards and to stay motivated. When it comes to personal finances, this is no different and there are a number of goals you can set to stay in control of your finances such as savings, budgeting and debt reduction.
Our platform provides a visual representation of your financial goals to make it easier to achieve. For example, if you want to save $30,000 in 3 years to buy a new car, all you have to do is load the figures into the ‘Goal Amount’ and ‘Saving term (months)’. From here the calculator will let you know the exact amount to allocate each week ($64.10) to meet the overall goal, making it nice and easy for you to come up with a plan and budget. If you would prefer to work out a budget value for fortnightly or monthly, that is possible as well.
The goals area also gives you the ability to track your goals by linking them to your bank accounts if you are on our MGMT Plus subscription, that will keep you updated with your progress towards your goal as a percentage.
For a step-by-step process on how to set goals, check our support page!
Interested to talk to one of our team about how to set some financial goals? Click the link below to book in a time!
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