Read how Rafik uses PocketSmith to turn a year of tracking into a much clearer picture of what his money needs to do next.
I am a father and husband. I work as a retirement plan advisor and have been on a decade-and-a-half search for the best tools to help me feel like I’m not living a lie when I tell people how to get better with their money. PocketSmith does its part to help.
Entertainment. Financial tracker. Musical director.
Forecasting cash flow, as variable income makes it really hard to track when you can feel good about spending your money. As well as being able to see your bills that are sporadic but predictable after one season of tracking (when birthday parties came up, Christmas gifts, other not so random but often forgotten about expenses). Seeing into the future helps it easier for me to make decisions about spending today.
A bit over a year.
Short to medium-term cash flow forecasting.
I feel less anxious about spending.
Cash flow forecasting.
PocketSmith is great as you get started, but the real magic is after year one. The first year you tag all the birthdays, annual pay expenses, big insurance premiums, Christmas — all the things that used to sneak up on you, and you wonder afterwards why money was confusing. But after that, you get an actual read on what’s coming. That’s the magic.
Two years ago, I bought a great house for my growing family, but I left a 2.375% mortgage for a 7.125% mortgage. Yuck. Last year, I was able to refinance back down to a lower rate. PocketSmith helped in the planning — thank you!
