PocketSmith Allows Dave To Keep Flexible in His Budgeting

We asked some of our wonderful users to share how they use PocketSmith to be productive with their money and plan for the future. Their stories are filled with ideas, suggestions and inspiration on how you can start crafting a meaningful relationship with your finances.

Read how Dave is managing his finances his way by setting up his own version of envelope budgeting using PocketSmith’s Budget feature.

Tell us a little about yourself?

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.

How would you describe your role in your household?

Head honcho, chef, IT consultant and researcher (registered business).

What drew you to PocketSmith?

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.

How long have you been with us?

Can’t remember when I started with PocketSmith but it’s been quite a while!

What do you primarily use PocketSmith for?

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.

How has PocketSmith changed the way you do money?

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!

What are your favorite features?

Bank feeds, and categorizing transactions into the flexible budgeting capabilities.

Got any tips?

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.

What’s the best money decision you made in the past 12 months?

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!