Posts Tagged ‘family budgeting’


alicia@heaps.co.nz

By Alicia

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Goals are awesome. They motivate you and keep your on track to getting what you want. In heaps! we’ve made goal setting even easier by creating goal templates for you to choose from. Of course you can still set your own goals, but these templates come with a list of tasks that are filled out already for you and will keep you on track to achieving your goal faster. You can choose from templates like buying a car, buying a house, getting out of debt, saving for a medical procedure, going on holiday and saving for retirement. Check out the screenshot below for a taste of what these templates look like:

When ever you want to add money towards your goal you no longer have to go to the goals page first. Just click “I spent it on a goal” when you’re categorising a transaction and it will do it quickly for you. Check out our new goals tracking page below, it is full of milestones along the way to help you break up your journey.

Even better, now you can celebrate by seeing a goal completed in heaps!. Your completed goals are also kept on record so you can see past goals that you have achieved. Go you!

  • Add a new goal from categorisation – If you click on “I spent it on a goal” when you’re categorising a transaction you’ll be able to add a new goal without going on to the goals page first.
  • Goals progress display – your goals graphs will constantly update to show how much you’ve saved and spent on your goal.
  • Easier editing of goals – you’ll be able to edit your goals easier and faster, mark a goal as spend or investment, and see your goal picture instantly after uploading.

alicia@heaps.co.nz

By Alicia

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How can you make it easier to understand your finances? By adding structure and getting organised! When it comes to understanding your spending, for some, a general overview is good, and for others, the more detail the better. You’ll notice the next time you log into heaps! that we have implemented a new look to the categories’ interface. We’ve added new style and effects so that when you categorise a transaction, you no will no longer have to scroll down and find your place again.

Also regarding transactions, there are new abilities for marking transactions as regular. When you categorise a transaction you will be able to mark an income transaction as being regular, and you when you mark any transaction as regular you will be able to enter a custom amount of how much you expect it to be each time. If you would like to allocate money towards your goal you can now do that on this page. Just click “I spent it on a goal” when you are categorising a transaction and heaps! will allocate this money for you. Too easy! Log in now to check out the new changes!


janelle

By janelle

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FREE!

FREE! Who isn’t drawn to the bold and often colourful word? Contrary to the statement, “Nothing in life is free,” some things actually are! Why not take advantage of the opportunity? Well, in some cases the quote is true. How do you know when “FREE” actually means it’s free? Here are some pointers, and a bit of advice on how to distinguish between when free is better and when it’s not.

Good News!

The good news is; some things in life ARE free! You can find these deals everywhere, and in every part of life. Take for example, free samples; YES! I would love to try a new flavor of a popular brand of crackers, bring on the free ice cream samples! You can get free items everywhere (not just in the local market). Let’s talk about where you can get free clothes, books, kitchen appliances, and ADVICE. Your very own family is generally the best way to get stuff for free. (Of course, you shouldn’t go looking through your brother or sisters closet for a new sweater). However, when the opportunity arises to swap the blender you never use for a slightly used set of knives; don’t pass it up! Swap books, hand-me-downs, movies, games, etc. You’ll save yourself and your family heaps when you share. Does every family really need their own copies of every single Disney movie released?

When you’re shopping, you can come across great free items as well. If you went to the store (and you needed two new pairs of shoes), don’t pass up a buy one get one free deal. Or if you and a friend are both looking for shoes, split the cost of the purchased pair and save! The same idea can apply at the market, or in your favorite clothing shop.

My favorite free things are “FREE FUN!” If I ever come across the opportunity to do something fun or exciting for free, I rarely pass it up (I’d have to be crazy!!!). I was lucky enough to help with some photography for a friend, It was great fun and didn’t cost me anything. I also love “punch cards” (after buying 9 coffee’s I think I deserve the 10th for free!). I also love free advice, (in moderation, of course) it really helps to have the support of your friends and family.

Bad News!

The bad news is, there are often “free” deals that are manipulating. You see these everywhere! Here’s what to watch out for; “Buy 5 get 1 free”, “Eat the entire 6.8 kilo burger, get it free”, “FREE for 90 days”, or “FREE MONEY.”

When you see a “Buy 5 get 1 free” sign, consider this: Do you need 6 of these items? Did you need 5?? Getting you to buy more than you intended or needed originally just for one free item is a marketing scheme. The item is usually marked up enough that the manufacturer doesn’t lose a penny by giving you the free item. (Actually, they are making more money by getting you to buy more). Especially consider what you originally intended to buy when it’s food. Buying 5 loafs of bread to get one free, when you only needed one or two originally, is a bad idea. It’s likely that the additional loafs will grow mold before you get to them.

We all love a challenge, but when you see a sign that says “Eat the ENTIRE 6.8 kilo burger, get it FREE” sign, I encourage you to pass on the opportunity. Unless you are confident you can finish the burger, and that you will be satisfied when you do, you will end up paying an unheard of price for the meal (and suffer from a massive belly ache).

“Free for 90 days” usually translates to: It’s free now, but your locked in for 12 months and for the 9 months it’s not free…  Well, it certainly won’t be cheap! You’ll see deals like this on credit cards (“0% interest for 90 days”), loans, subscriptions, etc. Before you buy into one of these schemes, get all the information and READ the small print! “Free Money” would likely fall under this category. If you receive an email from someone wanting to put some money in your account, all they need is your account information, I hope you can immediately realise that this is a scam!

Take advantage of the free things in life, but be aware that many times people use the word “FREE” to manipulate and scam others into spending more when they need not! What are you favorite free things? Do find it difficult to realise when the word “free” is being used to manipulate?