Each goal represent the financial configuration you have chosen to achieve your objectives: Amount, period, Spare change, monthly contributions, share of income allocated to expenses. Inside each goals you have the possibility to adjust your preferences and to achieve your objectives at your own pace. For this you need to adjust:
- Amount corresponding to the product or service you would like to buy, or the amount you wish to save aside , or the retirement allowance you expect to earn once retired.
- Period: in case you wish to buy something and treat yourself, or if you would like to set a medium term goal (Safety net or for family purpose) the period means the time you are willing save you spare change to achieve your objectives. In relation to retirement plan, period refers to the age you expect to have when retiring.
- Monthly contributions: this is the monthly fixed amount that you wish to add up to your round ups in order to achieve your goal faster (the more you contribute monthly, the faster you will complete your objectives).
- Round-up: this option enables you to select up to which level you would like to round up: to the nearest euro (1), nearest two euro (2), nearest five euro or to the nearest ten euro. For instance, when rounding up your spare change to the nearest 2 euro, if you spend 1,25€ you would add 1,75€ to you round-ups list. When rounding-up to nearest 5€ if you spend 1,25€ you would save 4,75€. When rounding-up to the nearest 10€ if you pay 1,25 then you would save 8,75€.
Within every goals view, we are sharing a simulation table with the data you have selected and with round-ups based on the average monthly round-ups of our portfolio. We then summarize in one sentence your goal configuration before to confirm the said objective.