Plans & Forecasting
Visualize your financial future on a chart. Create a plan to see how your life might unfold financially by adding assets, incomes, liabilities, and expenses, then watch how everything changes over time.
This feature is being actively developed. More detailed planning tools and documentation will be added in future updates.
What Are Plans?
Plans let you model your financial future by creating a visual forecast on a chart. You can see how different financial decisions and life events will affect your net worth over the years.
The chart shows your projected financial position over time, making it easy to understand the long-term impact of today's decisions.
Building Your Plan
Create a plan by adding different types of financial items. Each item represents something in your financial life and how it changes over time. You can add four types of items:
• Assets – Things you own (bank accounts, homes, cars, investments)
• Liabilities – Things you owe (mortgages, loans, credit cards)
• Income – Money coming in (salary, side hustles, investment returns)
• Expenses – Money going out (living costs, loan payments)
Assets
Add assets to track things you own and how their value changes over time:
• Current value and purchase details
• Growth rate (APY) for investments or appreciating assets
• Financing details if you have a loan against the asset
Example: Add your investment portfolio with a 7% annual growth rate to see how it might grow over 20 years.
Liabilities
Track debts and see how they decrease as you make payments:
• Current balance
• Interest rate
• Linked to expense items for automatic payment tracking
Example: Add your mortgage to see how the balance decreases over time and when you'll be debt-free.
Income
Model how your income changes over your lifetime:
• Frequency: Monthly, quarterly, yearly, or one-time
• Amount and growth rate (raises, promotions)
• Time period: When it starts and ends
Example: Add your salary with a 3% annual growth rate to model raises, or add a one-time income event like selling a car.
Expenses
Plan for both regular expenses and major life events:
• Frequency: Monthly, quarterly, yearly, or one-time
• Amount and growth rate (inflation)
• Time period: When it starts and ends
• Can be linked to assets or liabilities (like mortgage payments)
Example: Add monthly living expenses that increase 2% per year for inflation, or a one-time expense like an overseas holiday.
Real-World Planning Examples
Here are some ways to use Plans to visualize your financial future:
• Investment Growth – Add an investment asset with a projected annual return to see how your portfolio might grow over decades.
• Income Changes – Model a salary that increases 3% annually, or add a side hustle income that starts in a future year.
• Major Purchases – Add a one-time expense for an overseas holiday or wedding to see how it affects your net worth trajectory.
• Buying a House – Add the home as an asset with appreciation, add the mortgage as a liability, and add monthly mortgage payments as an expense. See how your net worth changes as you build equity.
• Having a Child – Add new monthly expenses starting in a future year to model how childcare and increased living costs will impact your finances.
• Retirement Planning – Add your current investments with growth, model your income stopping at retirement age, and add retirement expenses to see if your savings will last.
Reading Your Plan Chart
Your plan chart shows your projected net worth over time. The line represents your total assets minus total liabilities.
You can adjust the time horizon to see 10, 20, or 30+ years into the future. Hover over any point to see your projected net worth for that year.
As you add or modify items, the chart updates in real-time so you can experiment with different scenarios.
Tips for Effective Planning
• Start simple – Add just a few key items and expand from there
• Be realistic – Use conservative growth rates and reasonable assumptions
• Plan for inflation – Add growth rates to expenses to account for rising costs
• Model major life events – See how big decisions impact your long-term financial health
• Experiment freely – Try different scenarios to see what works best for your goals