Pocketguard review: Helping you spend your money safely

August 07, 2018

PocketGuard takes a simpler approach to personal finance. Most budgeting apps take a long view toward financial solvency. They provide tools to help you discipline your spending and saving, analyze your money habits, and build wealth over time. PocketGuard shows you how much money you have in your pocket for everyday spending after your regular bills and subscriptions are paid to keep you on the financial straight and narrow.To provide this forecast, PocketGuard needs to get a sense of your financial situation. Its guided setup makes this a breeze. Once you create an account, the app prompts you to sync with your financial institutions. Then it analyzes your transactions, classifying them by type—called “pockets”—and surfacing any repeated payments to be added as recurring bills and subscriptions. Next, it asks you to add your income and a monthly savings goal. Finally, it queries you about your age, marital status, employment status, annual income, and other particulars to build your financial profile.To read this article in full, please click here

Link: https://www.pcworld.com/article/3286807/software/pocketguard-review-budgeting-financial-app.html#tk.rss_all