Posts Tagged ‘free personal finance software’


christina@heaps.co.nz

By Christina

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In the latest release deployed this morning, we’ve focused on improving the user interface – making  a few changes here and there that will make getting around heaps! a little easier.

Here’s what you’ll find:

Skip Set up wizard link

For new users (and for those who use the Restart set up wizard function), you can opt to skip the wizard by clicking the link at the bottom.  heaps! will remind you to set up your accounts at a later time if you haven’t already done so.

Subcategory Column

Instead of seeing just Home, Food, Fun, Travel, and Other in the ‘Category’ column on your Home and Spending pages, heaps! now displays the subcategory.  This makes your categorising a bit easier because you can decide at a glance if you need to do any re-categorising.

To the spending page…

As always, the blue pencil is there for you to click if you want to edit a category.  This is now separated from the subcategory name.  Clicking on the subcategory will now take you to the spending page so that you can see a breakdown of your expenditures from that subcategory.

“Only Change This Transactions” is the Default

Many of you wrote in wanting this, and here it is.  Instead of “Change all transactions like this” being the default for categorising, we’ve left the box unticked.  This way, if you accidentally forget to look at the box, all your hard work in sorting out which BP transactions were ‘Petrol’ and which were ‘Snacks’ won’t be lost.  Instead, just that one transaction will be affected and you can go back and tick the box if that’s what you had intended.


christina@heaps.co.nz

By Christina

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In reviewing our options for customisable categories we considered how a new system would change the overall usability of heaps!. Ultimately, we wanted something that would address your needs of a more flexible budgeting tool yet still provide effective and accurate reporting.  We’ve decided to develop a more extensive list of categories that will make categorisation and analysis of spending much easier.

How it works:

The new list of categories give you a lot more choice. You can categorise at a high level or in more detail. The list of cateogories will be organised into two tiers. The first tier allows you to categorise your transactions at a higher level, while the second tier allows you to categorise your transactions much more specifically. Among our increased list these we’ve included Gas in our Power & Gas category, Legal and Financial Services, and Home Improvements categories that have been requested by the heaps! community.

We’ll be incorporating a great synonym search tool that suggests categories as you type. For example, if you start entering ‘Children’, heaps! will recommend the existing category ‘Kids’. This will help maintain consistency for your budget.

Having this expanded list has given us the opportunity to improve how you analyse your spending and allow you to budget more efficiently. You will be able to breakdown your Eating Out spending to see how much you spend on Coffee, Lunch, Takeaways, Snacks, or Restaurants. And we’ll be improving how this data is displayed as well.

When will this be released?

We’re targeting early October 2010.

What’s next?

We are considering a tagging feature for those who want to track and compare their transactions in a more comprehensive way (husband’s spending vs. wife’s spending, expenses for child 1 vs. child 2, petrol costs for using car 1 vs. car 2, etc).  Any thoughts you have on this idea would be greatly appreciated.


Bobby

By Bobby

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The team here at heaps! has been working hard to improve things for everyone and our latest upgrade is going to be implemented Tuesday night, so unfortunately you won’t be able to access heaps! from 10pm. You can look forward to the following new features once the site is back up and running at around 8am on Wednesday morning:

New look interface during categorisation You’ll see new style and effects when you go to categorise a transaction, and it will appear under the transaction so that after you save, you won’t have to scroll down and find your place again.

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.

Goal templates With our new templates you’ll be able to choose a goal such as “Buy a car” or “Get out of debt” with the name, description and tasks already filled out for 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.

We’re also releasing fixes for some bugs that we’ve found throughout the site, so heaps! will be running smoother than ever. These include mending the goal calculator, fixing up the way that categorisation remembers bill payments and income, stopping the budget start date from wandering for those of you who budget fortnightly, making the graph and figures on the homepage consistent, resetting sub categories when you go back to “All Spending” on the spending page and fixing a couple of bugs in our welcome wizard.

So bear with us on Tuesday night while heaps! is down during our upgrade, then log in on Wednesday and check out the new improvements!


alicia@heaps.co.nz

By Alicia

2 Comments

buy lessLooking for ways to save money I stumbled across this helpful little video from Howcast. There were a few good tips on ways to save in there I’m sure you could benefit from.

1. Cutting back on paper products not only saves you money but is environmentally friendly. You can replace paper towels with tea towels and cloth rags and can use the back of envelopes for writing shopping lists.

2. Bottled water is not only becoming increasingly expensive it creates an insane amount of plastic waste. Fill up drinking bottles with tap water and squeeze in some lemon for extra flavour. If you don’t like tap water, use a filter.

3. Aim to buy less food. Make sure you eat food before it goes bad and start monitoring how much food you end up throwing out so you can make better choices.

4. If you use your cell phone regularly, consider getting rid of your home phone line.

5. Find free ways to get fit. Walking, running, stair climbing, jump roping and dancing are all free and great forms of cardio. Using tins of soup or old detergrent bottles filled with water make great hand weights. There are plenty of at-home workouts you can find online.

6. Do you really need that fast food fix? Recreating receipes at home can often be a cheaper and healthier option.

7. More and more TV shows are becoming available online and it is easy to hook up your computer to your TV. Do you really need to keep paying for that TV subscription? You can also wait and rent the entire season of your favourite shows on DVD.

8. Ask your doctor what kind of  supplements and vitamins you should be taking and stick to those. Only buy the ones you need.


christina@heaps.co.nz

By Christina

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Was achieving your goal in heaps! but not being able to ‘complete’ it, a bit of an anti-climax?  Well, get your party hat on because now you can!  When you’ve reached your goal, heaps! will display a message on your home page to let you know it’s time to celebrate.

heaps! will also display your completed goals at the bottom of your goals page so you can feel a warm sense of pride every time you check it. Then if you find that you haven’t saved as much as you thought you had or that your goal actually costs more than originally planned, you can reactivate a completed goal by clicking on reactivate and decreasing the amount saved or increasing your goal target. You can also allocate or deduct money from an active goal anytime you like.

We’ve also done some background maintenance so that your heaps! runs more smoothly.  We know that you’re all quite eager to see some of the bigger, more exciting changes, and rest assured, they’re on their way.

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christina@heaps.co.nz

By Christina

5 Comments

TheBigShwop

OrganisersDesigner clothes up for grabs, giveaways, and free wine – you’d expect this mix to result in a stampeding, chaotic mess.

But on Sunday, there was none of that at the St James Theatre where the Big Shwop was happening.  Instead, most participants went home with a brand new wardrobe and a guilt-free conscience.

(From left) Inga Boyd, Sarah Hopkins, and Christine McGonigal are the masterminds behind the event, and their vision behind the shwop is simple: fashion without sacrificing the environment.  This brilliant idea has the added benefit of being extremely gentle on the wallet.  Here’s how it works:

Shwoppers bring along unwanted articles of clothing in like-new condition and receive a voucher for each piece accepted.  Volunteers then spend a couple hours sorting the garments onto racks (donated by Icebreaker) while participants enjoy a free glass of organic wine, compliments of Momo.  Representatives from Kowtow and Trilogy are in attendance to give talks about the benefits of fair-trade and organic products.  When the shwopping begins, everyone’s on their own to find pieces of clothing they like and fit, and participants can redeem one article of clothing per voucher.  The idea is that everyone adds something new to their wardrobe without having to spend anything on it, and it’s good for the environment because no resources are being used to create new products!

Fashion on a budget

The entrance fee to the event was $20, so no, it wasn’t entirely free.  However, the giveaways alone were worth more than $20.  Women received a Trilogy Everything Balm (RRP $22), men received a Trilogy Aftershave Balm (RRP $32), and everyone received a free glass of Momo wine or Tuatara beer, a bar of Ecostore soap (RRP $4), and a choice of Trilogy face cleanser (up to a $32 value) if they brought an old used cleanser to swap in.  That’s more than $60 in free goods before we even talk about the clothes!

Giveaways

Since you had to bring clothes in order to get clothes, it was a good opportunity for me to clean out my wardrobe and get rid of those  I-rarely-wear-but-don’t-want-to-part-with-because-they’re-so-new items.  This event seemed like a worthy cause and a worth-it cause because I’d be getting something back in exchange (a bit selfish, but that’s the budget-brain talking).  I brought four items, and they accepted all four (the max was 20, but I couldn’t find nearly that amount in like-new condition).  So armed with my vouchers, I waited anxiously for the volunteers to raise the ribbon barring the staircase to the first floor where the racks of clothes were waiting.

ShwopI expected a scene comparable to the piranha feeding frenzies you see on National Geographic, and I had my elbows out ready to box out and stand my ground, but it was quickly evident that there was no need for that.  As soon as the volunteers gave the go, the herd of participants (women of all shapes spanning at least 3 generations) filed civilly up the stairs to browse the racks.  I headed for the row of tops first, since this was what was most lacking in my wardrobe, and my friend beelined for the dresses.  (We strategised ahead of time and agreed that splitting up while keeping an eye out for items for the other person would be the most efficient way to tackle this shwop.)  Soon, we had heaps of new threads to try on!

The fitting area was well-operated, limiting participants to 5 items per try.  Going with a friend made it easy because we took turns holding and trying on.  After making some tough decisions, I narrowed my picks down to 4 items and a pile of maybes.  In the end, my friend didn’t find enough clothes that suited her, so I benefitted from her extra vouchers.  (You’re the best, girlie!)

This was the first time the Big Shwop had a he-shwop section, but sadly, that demographic was poorly represented.  Another friend’s partner was the only possessor of a Y chromosome in sight, and it took him 5 seconds to scan the scant gents’ racks to decide there was nothing there for him.  I know it’s not really a guy-thing to swap clothes, but it’s such a resourceful way of updating your wardrobe!  Come on, guys!

Staying in the green (budget-wise and environmentally)

Staying greenSo was it worth the $20 entrance fee?  Yes, in a heartbeat.  One of the items I scored at the shwop was a $300-something pair of wool trousers by New Zealand designer Zana Feuchs.  The items I brought combined probably didn’t even total that.  Of course, I’m sure there were other participants who were less lucky and might not have found items that were worth their while.  So I’ve thought of a few things that might increase your chances of a successful shwop experience:

  1. Make sure that the clothes you bring are ones that you mean to get rid of anyway (and they do have to be well-made).  Even with the strict quality clothing requirements, it can be a bit hit-and-miss, and there isn’t a guarantee that you’ll find truckloads of things that suit you, so you don’t want to leave feeling bitter about the items you donated.
  2. Have in mind ideas of what you’d like to get so that you’re not overwhelmed and flustered.  Focus, perhaps, on a particular color, style, or garment type to narrow down your choices.
  3. If you didn’t end up using all your vouchers, don’t worry!  You’ll get credit for those at the next shwop you attend.

Overall, the Big Shwop is a well-organised, ethically and environmentally-minded, budget-conscious event.  Fifteen percent of the proceeds go to the Fair Trade Association, and all the clothes that remain are donated to charity.  You can hardly feel bad about the $20 you pay to attend, and if you consider that as part of your budget for clothes shopping, chances are high that you’ll be getting much more than that amount back in quality new clothes.

In the past, the Big Shwop has been held in Wellington and Auckland, so keep an eye out on their blog for the next one!

Hold your own swap party

Swap PartyIf you’re not in Wellington or Auckland (and even if you are), it’s really easy to hold your own swap with a group of friends.  I’m part of a regular one, and it’s a great, inexpensive way to update your wardrobe while spending a pleasant afternoon catching up.  Your swap doesn’t have to have an entrance fee or quality criteria like the Big Shwop, and there won’t be a huge crowd to compete with either.  If you hold them regularly, you can have a constantly evolving wardrobe without ever needing to buy new clothes!  Great for the budget and great for the environment!

What are some other ways of staying on budget while still keeping an interesting wardrobe?  For the guys, how could a clothes swap be modified so that you would want to attend?

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alicia@heaps.co.nz

By Alicia

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Internet Industry Awards 2010

We are excited to announce that heaps! has been nominated as a finalist for three categories in this year’s New Zealand Internet Industry Awards that will be held in Wellington on the 28th of July.

The New Zealand Internet Industry Awards was launched in 2009 with the aim to celebrate the achievement of companies who have successfully used the Internet as a platform for business, education and society enhancing organisations. By showcasing excellence to the wider community, the Awards hopes to improve people’s understanding of Internet technologies and encourage Internet entrepreneurship in New Zealand.

Liz Dengate Thrush Foundation

The Awards are run by the Liz Dengate Thrush Foundation to encourage Internet entreprenuership and other positive uses of the Internet in New Zealand.

Finalist in three categories

Kiwibank & Social Capital have been nominated for the launch of the first free personal finance management tool from a New Zealand bank for customers www.heaps.co.nz.

Positive Societal Impact
Development of the application, product or services provided on the Internet likely to have the most beneficial impact on New Zealand society.

Best Education Product or Service
The application, product or services provided on the Internet that is likely to have the greatest impact on learning and/or teaching in New Zealand.

Best Business Application
For those that transform their methods of doing business, or change our way of doing business with them.

Thank you so much to Kiwibank, the team at heaps! and the New Zealand Internet Industry Awards! We’ll see you at the banquet!

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christina@heaps.co.nz

By Christina

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heaps! categorises a percentage of your transactions automatically, which saves you time. We’re giving you, the heaps! community, the power to decide which category a business belongs in.

The Categorisation Engine

Previously the heaps! team sat in front of long lists of business names and decided which category each of your transactions should be assigned to.  But now, if a business is not currently in our system, it will automatically be assigned the category that a majority of the first customers to categorise it have selected for that business.

For this example, lets say that ‘McDonalds’, as a business, is new to heaps!.  If the first few heaps! customers choose to categorise their McDonalds transactions, as ‘Takeaways’ and the next few select ‘Snacks’ instead, then no automatic categorisation would be applied. It needs a certain number of customers to select the same categorisation for the automation to take place.

How This Helps You

With this new categorisation system, it means that more of your transactional spending will be automatically categorised and categorised to how the majority of heaps! customers would want it. As always, though, you can manually change your transaction category, if it isn’t right for you.

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Arthur

By Arthur

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Lights, camera, action!

Just last weekend we met up with three of our heaps! users who wanted to share their heaps! experience with us, they enlightened us with their stories and their tips on budgeting and saving – stay tuned for their video.

This meeting came as a result of how here at the heaps! HQ, we love getting out there and meeting our users face to face, chatting about real financial issues and seeking answers to these problems. We have started a series of video which collects your opinions and stories of your heaps! experience so far and we would like to see more and hear about how you’re using heaps! to get more out of life!

But how does this work?

The process is simple…

We work around your timeWe work around you
We understand the time constraints of daily life so we work around you. You decide where and when, and we will work around your hours and cater to your needs.

Friendly shooting environmentFriendly shooting environment
There is no pressure to perform, we just want to have a chat and let you share your story. We operate a very small video production crew with no compromise to quality, and most importantly our crew are really friendly and will guide you through the production process.

Push online
Off to the cutting room. Our editors will cut up a video which shares your story. Once complete, we will review it with you so you can make changes you are not happy with. Once you are happy and have signed off, we will share your story to other heaps! users to inspire them to get more out of life.

Check below to see other users who have shared their story…

Fraser Kennedy

If you are interested to share your story, please contact us on yourstory@heaps.co.nz with the subject line “Your Story”

We look forward to hearing from you!

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christina@heaps.co.nz

By Christina

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We’ve made it easier for you to manage all your finances in one place! Not everyone banks exclusively with Kiwibank, and with the new heaps!, you can now import data files from other banks. heaps! will support files from ANZ, BNZ, ASB, Westpac, and National Bank.

When you upload your data, heaps! recognises your transactions and allows you to categorise and budget for them as you would your Kiwibank transactions. You can include these external accounts in any of your existing account groups or even create a new group just for them.

With all your finances in one place, budgeting has never been easier!

Have a look at the new Accounts page:

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