Projecting Your Financial Future
In finance management, these 3 activities are common and crucial:
- Cashflow tracking
- Budget planning
- Future forecasting
Today, I would like to introduce 3 templates that focus on “future projection” published in Fina gallery lately.
It covers 3 important aspects of our financial life —
- Account balance
- Debt control
- Investment return
Account Balance Projection
It leverages future transactions including:
- credit card / mortgage upcoming payment.
- recurring bills / subscriptions.
- special tagged future payments.
You can now manage all your future fixed and flexible transactions right from Schedules. This template helps you stay worry-free about potential low balances in your checking account!
Account Balance Projection Template
Loan Payoff Time
This template can be used as a manual calculator as well as a live monitor of your loan payoff progress.
It calculates how many months remain until your loan is fully paid off. The beauty of this template is that it connects directly to your loan account (mortgage or student loan) and keeps a live, updated view based on your remaining balance and fixed monthly payment.
Investment Return Projection
This template gives you a live view of the wealth you could build by investing your available savings.
Similar to the loan payoff template, it’s more than just a calculator, it provides a real-time projection of what your finances could look like in 10 years, based on the actual numbers from your connected Fina accounts.
Investment Return Projection Template
Video To Explain Them
This 3 templates clearly demonstrates the potential that Fina can help you on financial planning, it is not just helping you budget.
If you have time, you may watch a video where I explained how these templates work, here is Youtube Link.