Read how Dave is managing his finances his way by setting up his own version of envelope budgeting using PocketSmith’s Budget feature.
I’m a 62-year-old recently retired Police Officer in Western Australia. I’m married to my wife (who has two adult sons), who is still working.
Head honcho, chef, IT consultant and researcher (registered business).
I’ve used and trialed so many other personal finance apps and software over the years that I’ve had to modify, adapt and reconfigure just to give me the basics of what I wanted in a personal finance app. When I found PocketSmith, I found the perfect solution for what I needed.
Can’t remember when I started with PocketSmith but it’s been quite a while!
I do all the household budgeting, financing, manage my retirement income and monitor all transactions in our bank feeds, categorize everything to work out trends, and more.
I have a much greater understanding of our overall financial situation and know exactly how much money we have for anything in particular. Guaranteed peace of mind!
Bank feeds, and categorizing transactions into the flexible budgeting capabilities.
If you use Envelope Budgeting, you might find that the rollover function out in the budget that actually does a better job, if you take time to get familiar with it. Once I had my budget categories and fortnightly amounts sorted, it’s been a breeze.
Using a lump sum of my retirement income to clear our mortgage and set up a responsible fortnightly budget in PocketSmith.
I also set up my wife’s two sons with PocketSmith subscriptions and showed them how to manage money as they are just starting out in the big wide world!