PocketSmith is a personal finance tool with all the bells and whistles. The online money manager does a little bit of everything, offering features that can help people remember to pay their upcoming bills, avoid overspending during the holidays, itemize their transactions before tax season, and get information about their future financial forecasts.
If you’re currently using a handful of different money management tools to handle your finances, then PocketSmith has an idea: stop. The comprehensive web-app believes people would be better served by using a single, unified financial application where they can review all their money issues from a single vantage point. When you create an account and hand over your banking information to PocketSmith, you’ll be able to keep an eye on all your transactions across multiple credit cards and checking accounts on one single screen. You can also choose to upload each of your transactions manually, although that obviously takes much more time and energy. Based on the transactional information that PocketSmith gathers – combined with other data that the app can pull based on your regular bills and deposits – the application will create an interactive forecasting graph that gives you a glimpse into your financial future.
When you’ve left the future and come back to today, you’ll want to head over to the Goals and Calendar sections to see what kind of impact regular purchases will have on your ability to reach the financial milestones you’ve set up. The forecasting tools make it easy to see how spending $10 a week on coffee adds up over time, and users can view whether they’re on a trajectory to meet the financial goals they’ve set. Overall, PocketSmith is a great tool for people who need a little extra nudge to push them to save.
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