Open Savings Goals with no goal amount (edited)

HSC
HSC Member ✭✭
edited December 2021 in Feature Requests

You currently have to have a goal amount. It would be nice to just have money set aside each month for savings (like an emergency fund) with no goal - just deduct this amount from my spending plan each month.

12 votes

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Comments

  • Coach Paco
    Coach Paco Moderator admin

    @HSC That's a great suggestion! You have my vote!

  • JMoney
    JMoney Member

    To start, this could be a very basic feature! Just a checkbox or empty field to indicate open goal.

    A future enhancement could be modifying the reporting toward the goal. Instead of showing progress toward the goal amount (which doesn't exist), it could show a tracker of recent scheduled contributions and whether they were done (with statistics), and a graph of growth over time. Views like that would turn this from just an "open goal" feature, into something that could be an insightful and helpful way of monitoring progress.

  • JMoney
    JMoney Member

    The ability to not set an end date in the savings goal is a very good example of how simply this open savings goal feature could be implemented: