How Ellen and Max use PocketSmith to manage their combined incomes
A little about you guys!
We are a recently-married couple in southern California. We’re both under
30, and focused on making smart decisions together for our family’s
What do you primarily use PocketSmith for?
We use PocketSmith to track all of our monthly income and expenses, and
also keep tabs on our growing investments.
How has PocketSmith changed the way you do money?
PocketSmith has been such a big relief. We used to have a lot of stress
about our monthly budget: we were trying to track everything in Excel. It
took a lot of work, and it was hard to see the overall picture of whether
we were on track to meet our goals, and how decisions were affecting one
another with our newly-combined incomes.
Now that we use PocketSmith, it’s easier for the two of us to collaborate
with our budget and make sure we’re both making decisions that fit within
our shared goals. We’d highly recommend PocketSmith for any married couple
who is having trouble combining finances and is looking for a solution to
streamline the process. Now, we can see exactly how much each person earns
and spends, and track this relative to our pre-agreed on budget categories
for the month. It’s a dream!
What pages/ features do you use most?
We toggle back and forth frequently between the Dashboard and Cashflow tabs
to see what our overall accounts balances are, and then to look at how we’re
doing on monthly spending in each bucket. Sometimes we see that we’re
slightly over in one category, such as groceries, and we decide how to
rebalance the monthly budget to make more room for buying great ingredients
for home cooking and instead spend less eating out at restaurants.
How often do you log in?
About once every three days.
Be sure to link all of your accounts into PocketSmith. It’s best when you
can see the complete picture of your financial activity, rather than just
a snapshot of a few cards.
What is the best money decision you made for 2017?
Getting our monthly budget under control to make sure we are spending less
than we earn every month.