This is a web app budgeting tool not to dissimilar to mint, although since I’m a non US resident as well, I really can’t compare for you… as far as I can tell, it can do just as good a job as mint but from what I’ve read the interface is easier to use and it has more of a focus as a forecasting tool. Like all good marketing tactics, pocketsmith offers free membership with optional upgrades at a cost. For the simpleton who has no more than a dozen inflows and outflows of money pocketsmith does the job pretty darn well. I can quickly type in my income, subtract my expenses and it can spit out in 6months time how much I can expect to earn with my surplus stashed away.
In a word. Great. I find the calendar interface a really compelling feature that allows me to focus on my budgeting goals. It’s like mentally crossing the days off once you know exactly when you are able to reach your target.
It also allows you to import credit card transactions and it will analyse for you where all your money is going. Not sure if you can download Australian bank statement transactions yet, like all things Australia is a bit slow on the pick up. If the success of mint is anything to go by, I think pocketsmith has a good chance of capturing the non US market.
Check it out… and no I am not getting paid to write this. Just sharing the love on something I think we can all get value from.