Read how Russell uses PocketSmith to review budgets, trim unnecessary costs and keep his family’s finances moving in the right direction.
I’m part of a family of four, and have been a long-time electronic banking user (since last century!). I think I’m relatively financially literate, perhaps that comes from working for a bank a while ago…
Joint decision maker and primary data cruncher, plus IT support.
Flexibility and functionality, plus being a New Zealand company — I really like that I can support a local enterprise with a fantastic product. I’ve used a few different apps over the years, and PocketSmith is the best by far.
Since 2016! Wow, that’s longer than I thought.
Budgeting and spending tracking. Now using it to also capture net worth.
It’s allowed us as a family to make both short and long-term financial decisions, and to understand where money is going, allowing us to tweak spending and saving. It’s also allowed us to see how much costs have changed over the years — again, we can make decisions based on this information.
Income vs. expenditure reporting, ease of categorisation and the ability to integrate with many financial institutions. Recently, we have discovered multi-currency!
Do a review of your budgets regularly, at least yearly, but don’t stress out if you exceed some of your budget lines in the short term — keep your eye on the long-term prize.
To review the number and cost of subscriptions we have. When you start to look at them critically, you realise how many you have!
