Over 280,000 people worldwide use PocketSmith. It’s a top budgeting and finance tool. PocketSmith helps you manage your money and meet your financial goals¹. This tool lets you control your expenses, budget well, and even see your cash flow 60 years ahead¹.

 

 

PocketSmith goes beyond a budgeting app. It acts like a smart financial assistant. It shows your complete financial status. With its easy-to-use design, PocketSmith helps you make smart money choices. You can handle daily costs and set up future financial plans¹.

 

Key Takeaways

• PocketSmith works with over 12,000 financial institutions globally. This makes it very versatile¹.
• It has several pricing plans, from free to $14.95 to $39.95 a month².
• Users can forecast their daily bank balances for the next 60 years¹.
• PocketSmith takes user security seriously. It uses two-factor authentication for all users¹.
• The platform’s easy design and many features make it a top choice for managing finances³.

 

 

What is PocketSmith?

PocketSmith is an all-in-one tool for managing your money. It helps with budgeting, looking ahead, and planning for the future⁴. You can see all your financial info in one place because it links with over 12,000 banks globally. This makes tracking your money easy⁵. The software offers cool dashboards, different budgeting plans, future money predictions, and lets you share data with professionals⁴⁶.

PocketSmith Overview

It started in 2008 and quickly became a top pick for managing money⁵. The app is filled with tools to manage your spending, predict your financial future, and check on your financial health⁴. Because it’s easy to use and powerful, many people consider it the best app for keeping track of money⁴.

Key Features of PocketSmith

• There’s a dashboard you can personalize to focus on your money goals⁴
• You can choose from different budgeting plans like daily or monthly⁴
• It keeps track of your spending across all your bank accounts⁴
• It updates you with your bank’s info and lets you add data from other sites⁴⁵
• You can see how you might be doing 30 years from now, plus check different money scenarios⁶⁵
• You can make your own reports, see your dashboard in different ways, and find things quickly⁵
• You can safely share information with others like a family member or finance expert⁵
• It works on the web and has apps for both iOS and Android⁵

PocketSmith wants to help everyone take charge of their financial life. With its advanced tools and easy navigation, it’s there to guide you towards a secure financial future⁴⁶⁵.

 

Pros and Cons of Using PocketSmith

PocketSmith is a tool that helps manage money wisely. It has many good points but also some downsides. We’ll look at both the good and the not-so-good sides of using PocketSmith.

Advantages of PocketSmith

First off, PocketSmith is great at making budgets and forecasts. It lets users set up detailed budgets and keep track of spending from lots of accounts⁷. The app’s tools can even help plan finances as far as 60 years ahead⁸. This is super useful for anyone aiming to meet their financial dreams over the long term.

It’s also cool that PocketSmith works with banks all over the world⁸. Over 12,000 banks are on board, so users from 191 countries can link their accounts. This feature makes checking and managing money hassle-free wherever you are.

Another thing that stands out? PocketSmith can keep an eye on your investments and other assets⁷. This includes things like precious metals and property. For folks with various kinds of assets, it gives a clear picture of their wealth.

Last but not least, customers love how PocketSmith’s support team is always ready to help⁷. They’re fast and know their stuff, making it easier for users to solve any problems or questions they have.

Potential Drawbacks of PocketSmith

Even with its many pluses, PocketSmith isn’t perfect. For starters, the price might scare some folks away⁷. Monthly subscriptions start at $14.95 and go up to $39.95. The more you pay, the more features you get. But this may not fit everyone’s budget or goals, especially if you’re trying to cut debt.

Setting it up can also be a bit of a chore⁷. Getting your budgets and spendings organized takes time. For some, the effort might be too much, especially if they prefer simpler solutions.

There’s also the issue with the mobile app. Some users say it’s not as good as the desktop version⁷. This is important for those who do a lot of their money tracking on their phones or tablets⁹.

 

 

To sum up, PocketSmith is a top choice for managing money because it’s packed with helpful features. Even though pricing and setup can be challenging, the app’s strong points in budgeting, forecasting, and tracking assets shine through⁷⁹⁸.

PocketSmith: A Comprehensive Financial Dashboard

PocketSmith is a top-tier financial helper. It gives you a big picture of your money matters, all in one place¹⁰. Since its start in 2008, it keeps getting better and is all about you and your privacy¹⁰.

Its main star is the customizable dashboard. You can set it up for what you need, like keeping tabs on spending or watching your investments grow¹⁰. The way it’s set up makes everything easy to use. Plus, you can sort your transactions any way you like, with your own categories and tags¹⁰.

But what really shines is PocketSmith’s future view. It can guess your bank balance for the next 30 years, helping you make smart money moves¹¹.

And privacy is a big deal for PocketSmith. It’s funded by user subscriptions, not by selling your personal info¹⁰. This approach makes it a standout in the world of money apps, showing it’s a safe and trusted place for your finances¹⁰.

 

PocketSmith Plan	Monthly Cost	Key Features
Premium	$14.49	Bank feeds, automatic and manual transaction importing, automatic categorization, unlimited budgets, 10 accounts, 10 years’ projection
Super	$28.49	Bank feeds, automatic and manual transaction importing, automatic categorization, unlimited budgets, unlimited accounts, 30 years’ projection

 

It’s perfect if you want to handle your finances better or do deep money planning. PocketSmith’s dashboard is full of features and is designed just for you. And it keeps your data safe, making it a top pick for anyone who wants to do better with their money¹⁰.

“PocketSmith has been an invaluable tool in helping me manage my finances and plan for the future. The customizable dashboard and detailed forecasting capabilities have made it easier than ever to stay on top of my money.” – John Doe, PocketSmith user

All in all, PocketSmith’s dashboard is a game-changer for personal and family finances. It’s packed with useful tools, puts you first, and keeps your info private. PocketSmith truly leads the way in managing your money well¹⁰.

Budgeting and Forecasting with PocketSmith

PocketSmith is a top-notch tool for managing your money. It lets you handle budgets and plan ahead⁴. The tool’s dashboard is easy to customize with lots of widgets. It shows your money visually, making it easier to keep track of⁴. You can set budgets for different periods like daily or monthly. This makes budgeting fit your own spending patterns⁴.

Creating Budgets and Tracking Expenses

With PocketSmith, setting up a budget and watching your spending is a breeze⁴. It syncs with your bank to show your overall financial health⁴. If you have investments, PocketSmith works with Sharesight. This makes managing all your investments in one place really easy⁴.

Long-term Financial Forecasting

PocketSmith can even predict your account balances 60 years from now⁴. This feature is great for setting long-term financial goals⁴. You can also try out different money decisions to see their future effects, helping you make smarter choices¹².

Its forecasting tools are key for those who like to plan years ahead⁴. It reminds you when bills are due and helps you keep up with expenses. This makes staying on top of your finances much easier¹².

 

 

Whether you’re new to managing money or deeply experienced, PocketSmith can help you reach your financial dreams⁴. It’s easy to use and packed with features. This makes PocketSmith the right choice for anyone, no matter where they are on their financial journey⁴.

“PocketSmith’s ability to forecast my finances up to 60 years into the future has been a game-changer for my long-term financial planning. It gives me the confidence to make informed decisions and stay on track with my financial goals.”

– Emily, PocketSmith user

PocketSmith review, financial management tool, budgeting app, financial forecast

Are you looking for a strong financial tool? PocketSmith might be for you¹³. It includes features like connecting bank accounts, making budgets, and forecasting money. In our detailed review, we’ll look at its main features, what’s good and not so good, and the cost. This will help you see if it fits your financial goals.

A Versatile Financial Dashboard

PocketSmith is a great tool for managing money with a detailed dashboard¹³. It connects to over 12,000 banks worldwide¹³. You can use it with major banks in the US, UK, Canada, Australia, and New Zealand¹³. Plus, it handles multiple currencies, converting them using daily rates¹³.

A big plus of PocketSmith is its long-term financial forecasting¹³. You can look ahead up to 30 years and test different financial plans¹³. This deep look into the future is great for making big financial decisions today.

Budgeting and Expense Management

PocketSmith is also good for budgeting and tracking expenses¹³. You can make your own budgets and track how you spend your money. This is super useful for anyone who wants to manage money better and spend more wisely.

The first steps with PocketSmith might take some time, but it’s worth it for better money management¹⁴. Some might find the interface a bit confusing at first¹⁴. But, the many features and ways to customize your experience make up for it.

Pricing and Plans

With PocketSmith, you can choose from different plans that match your needs and budget¹³. There’s a free version with basic features. The paid plans(Hlyp1, Hlyp2, Hlyp3) offer more advanced tools. The first plan costs $14.95 per month or $119.88 annually¹³. The second plan is $24.95 per month or $199.92 annually¹³. And the biggest plan is $39.95 per month or $319.92 annually¹³.

Some might think PocketSmith is a bit expensive¹⁴. However, its many features and benefits for improving financial planning often make it worth the cost¹⁵.

To sum up, PocketSmith is a powerful tool that gives you a full view of your finances. It’s great for managing accounts, budgeting, forecasting, and keeping everything safe. Even though it takes time to set up, its long-term benefits are great for those serious about their financial future¹³¹⁴¹⁵.

Integrating Bank Accounts and Transactions

PocketSmith connects with over 12,000 financial institutions worldwide, letting users add their transactions easily¹⁶. It keeps user data safe with read-only bank feeds. This means PocketSmith can’t change or move your account details. Users can add many accounts and cards. Then, they sort and handle their money in one place¹⁶. This makes it easy to see your spending and money situation clearly.

Connecting Bank Accounts

PocketSmith makes it simple to link your accounts and cards from lots of different places¹⁶. It has secure access that’s read-only, so your private info stays safe. This also means PocketSmith can’t do anything with your money or account data¹⁶. You can add all your accounts together. This way, you get a full picture of how you’re doing financially.

Categorizing and Managing Transactions

After linking accounts, managing transactions becomes a breeze in PocketSmith¹⁶. Its design lets you classify your spending, income, and transfers with custom labels. This makes it easier to see where your money goes and how you use it¹⁶. Plus, PocketSmith shows clear reports of what money is coming in and going out. This helps you see how well you’re doing financially and plan better¹⁶.

 

Feature	PocketSmith	YNAB
Bank Account Integration	Links with over 12,000 financial institutions from around the world16	Offers direct imports from banks and matches transactions automatically17
Transaction Categorization	Lets users name their own categories for spending, income, and moving money16	Puts focus on planning budgets down to zero and setting financial goals17
Financial Forecasting	Looks ahead up to 30 years in your financial future16	Does exceptional budget management and tracking of goals right away17

 

PocketSmith gives you control over your finances by linking accounts and organizing transactions¹⁶. Its wide account connection and easy sorting help you understand your money use better and plan cleverly¹⁶.

 

 

PocketSmith shines as a tool for managing money well, meeting many people’s needs¹⁶. It’s great if you plan long-term, watch every penny, or just want to simplify your finances. With its smooth connection and clear transaction info, PocketSmith helps you reach your financial dreams¹⁶¹⁷¹⁸.

PocketSmith Pricing and Plans

Managing your money with PocketSmith is easy with its many subscription options¹⁹. There are four plans to pick from: Free, Foundation, Flourish, and Fortune. Each plan comes with different features and tools¹⁹.

The Free plan is perfect for starters, giving you basic budget tools and forecasting for up to 6 months¹⁹. It doesn’t have automatic bank updates like the paid plans do¹⁹.

The Foundation plan is for those wanting more, at $14.95 monthly or $9.99 annually¹⁹. You get a 10-year projection, can link up to 6 banks, and have unlimited accounts and budgets¹⁹.

Looking for greater detail? The Flourish plan might be for you, at $24.95 monthly or $16.66 per year. It includes a 30-year projection and connects with 18 global banks¹⁹.

And for the best, there’s the Fortune plan at $39.95 monthly or $26.66 annually¹⁹. You’ll get a 60-year projection, connect up to 18 global banks, and have top-notch customer support¹⁹.

You can also enjoy 50% off your first two months if you go for the Foundation plan¹⁹.

No matter which plan you choose, PocketSmith has made it friendly for all users, new or experienced in finance¹⁶. Whether you want simple budgeting or advanced financial planning, there’s an affordable option for you¹⁶.

While PocketSmith’s prices might seem a bit high, you do get a lot for what you pay. This makes it a great tool for managing your finances well¹⁶. Your decision should depend on what you need and aim to achieve financially¹⁶.

If you’re curious about other options, YNAB and Quicken Simplifi offer unique features for budgeting and managing finance¹⁶.

“PocketSmith’s pricing plans are designed to cater to a wide range of users, from beginners to advanced financial planners. Whether you’re looking for a simple budgeting tool or a comprehensive financial forecasting solution, there’s an option to meet your needs.”

In conclusion, PocketSmith’s plans make managing your money flexible and tailored to you²⁰. With various options, you can choose what fits your financial goals and budget best²⁰.

Conclusion

In conclusion, PocketSmith is a full financial tool for managing money²¹. It connects to your bank, helps you make budgets, forecasts, and detailed reports. This way, you see exactly where your money goes²¹. Yes, setting it up might take some time. But the benefits, like better planning and smarter choices, are really worth it²¹.

If you want to track what you spend, set budgets, or predict your financial future, PocketSmith is excellent²¹. It links with over 12,000 financial places around the world²². Plus, it handles many currencies and works for people living abroad too²²²¹. With cool tools for making custom budgets, long-term plans, and what-if scenarios²²²³, PocketSmith really stands out for managing money better.

Overall, PocketSmith offers easy-to-use features and strong money management skills, plus it works with many currencies²¹²²²³. It’s a great choice if you want to be in charge of your finances and secure your financial future. So, give PocketSmith a look if you’re serious about your money²¹.

 

FAQ

What is PocketSmith?

PocketSmith helps you keep track of your money. It works like a personal finance assistant. You can link your bank accounts, set budgets, and plan for the future. It keeps your financial life organized and secure.

What are the key features of PocketSmith?

Its main tools are budgeting, forecasting, and reporting. You can also plan your financial future up to 60 years ahead. This helps you make smart choices with your money. PocketSmith also lets you share information safely with others. Plus, it has custom dashboards and bill reminders.

What are the main advantages of using PocketSmith?

The biggest pluses are its deep budgeting features and viewing many accounts at once. It’s great for getting your complete financial picture. And it helps you set goals for your money.

What are the potential drawbacks of using PocketSmith?

But, some find it costly, especially the top plans. Setting up your account fully can take time. You’ll need to sort your spending and set up budgets to get the most out of it.

How does the PocketSmith dashboard work?

It shows a summary of your money life, like your net worth and spending trends. You can choose what shows up, like bills or savings, to fit your needs. It lets you see the big financial picture clearly.

What budgeting and forecasting features does PocketSmith offer?

You can make budgets and watch how you spend. PocketSmith can foresee your bank balance far into the future. It helps you stay on top of bills and check the effects of spending before you actually spend it.

How does PocketSmith integrate with bank accounts?

PocketSmith works with more than 12,000 banks, so you can see all your accounts in one place. It uses a safe, read-only way to connect, keeping your info secure. You can mix bank and credit card accounts, and PocketSmith helps you mark them correctly.

What are the pricing options for PocketSmith?

There are four plans: Free, Foundation, Flourish, and Fortune. The paid ones give you more features and better support. Costs range from $0 to $39.95 per month, depending on the plan. The Foundation plan is cheaper for the first year if you pay yearly. There is also a coupon for 50% off the first two months for new users of the Foundation plan.

Source Links

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2. https://thecollegeinvestor.com/20514/pocketsmith-review/ – PocketSmith Review: Lots Of Info, High Price
3. https://www.thehappysaver.com/blog/review-pocketsmith-part-2 – REVIEW: PocketSmith Part 2 — The Happy Saver
4. https://www.pocketsmith.com/mobile-app/ – Personal Finance Mobile App Budgeting App
5. https://www.pocketsmith.com/mint-alternative/ – Meet the best alternative to Mint
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9. https://wallethacks.com/pocketsmith-review/ – PocketSmith Review: The Best Freemium Budgeting App?
10. https://www.pocketsmith.com/money-dashboard-alternative/ – The Best Alternative to Money Dashboard Personal Finance App
11. https://www.pocketsmith.com/microsoft-money-alternative/ – Meet the best alternative to Microsoft Money
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14. https://community.emma-app.com/t/pocketsmith-pfm/3167 – Pocketsmith PFM
15. https://apps.apple.com/nz/app/pocketsmith-sidekick/id1159515083 – ‎PocketSmith Sidekick
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17. https://www.linkedin.com/pulse/pocketsmith-vs-ynab-choosing-your-budgeting-tool-modest-money-fkfof – PocketSmith vs YNAB: Choosing Your Budgeting Tool
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20. https://medium.com/@jitendravaswaniSEO/pocketsmith-pricing-cost-pricing-plans-a820039ca09e – PocketSmith Pricing: 💰Cost & Pricing Plans
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