Which app can help me set and track savings goals for an emergency fund or a holiday?

Grassfeld helps you create and track separate savings goals for things like an emergency fund or a holiday. You can set a target amount, calculate a contribution plan, link transactions to each goal and see how much you have saved so far.

Separate goals: keep different savings targets organised

You can create an individual goal for each purpose instead of combining all your savings into one total.

For example, you can create:

• An emergency fund goal for unexpected expenses.
• A holiday savings goal for a planned trip.

Keeping them separate makes it easier to track each target independently. A change in your holiday budget, for example, does not automatically mean you need to change your emergency fund target.

Progress tracking: see how much you have saved

Grassfeld shows how much you have recorded towards each savings goal and how much remains to reach the target.

You can link transactions to a goal to keep track of your contributions. This helps you see your progress over time and understand how close you are to reaching each target.

Remember that tracking a contribution does not transfer money between bank accounts. Linking a transaction simply helps organise your savings records. 

Contribution planning: decide how much to set aside

You can calculate a contribution plan to break a larger savings target into smaller, more manageable amounts.

Grassfeld Intelligence can also help you estimate a comfortable monthly contribution based on your financial data, including your income, spending and existing commitments.

Start with the money left after essential expenses and regular commitments. If a suggested contribution does not fit your budget, adjust the amount or timeline rather than treating the plan as an obligation.

Bank compatibility

Grassfeld supports all major banks across the EU, as well as in the USA and Canada.

There are some limitations to keep in mind:

• EU savings accounts cannot be connected.
• Credit card availability depends on your bank.
• Accounts that cannot be synchronised can still be managed through manual accounts. You can also import transaction data using supported files.

Shared goals: plan a holiday together

With Grassfeld Premium+, you can share savings goals with other users. This is useful when planning a holiday together, as everyone involved can contribute, follow the shared target and coordinate progress.