Read how PocketSmith helps Ben understand where the money is going before setting new goals for where it should go.
My wife and I have four kids and live with our dog, cat, guinea pigs and chickens in South East Melbourne. Our lives swing from chaos to love and cuddles… often several times an hour!
I’m lovingly referred to as the CFO, while my wife is the CEO.
At first, I was a bit intimidated by how many features it has, but after a short trial, I realised that PocketSmith does the basics that so many others do, while also offering really detailed data tracking and analysis in the background. It allowed us to start simple but then get more control of our finances as we grew more confident.
Two years.
Tracking daily expenses, sticking to monthly budgets, and keeping an eye on spending areas that may creep up unnoticed. Lately, though, the best feature has been forecasting cash flows and future spending. This allows us to save, meet our goals and ensure we can look ahead and avoid any problems.
I was always really good at spreadsheets and thought they were the only way I could have enough flexibility to track our finances as we wanted. PocketSmith now does all of that. Given the automatic feeds and the easy, quick interface and layout, it allows me to manage every cent of our household spending in only minutes a day. If I fall behind for a few days, I can catch up quickly.
Budgets that can be easily adjusted and progress reports that allow us to check in every week throughout the month, and stick to what we planned.
Focus on understanding what is happening with your money first. Times are tight for many families. Get a good handle on where your money is going and get things under control for a few months. Track down every cent, then set targets to increase spending to meet your goals, and reduce spending wherever you can.
Refinancing our home to go on a three-month holiday, driving around the Australian outback with the kids.
