Savings Rules allow you to automate your savings habits. Partq.am monitors your transactions and automatically creates savings records or transfers money based on your rules.
Available Strategies
- Round Up: Rounds up every expense to the nearest integer and saves the difference (e.g., spend $4.50, save $0.50).
- Percentage of Income: Saves a fixed percentage (e.g., 20%) of every income transaction. Great for the 50/30/20 rule.
- Pay Yourself First: Prioritizes saving a fixed amount immediately when income arrives.
- Emergency Fund Builder: Helps you save X months of average expenses. It calculates the target automatically.
- Percentage Growth: E.g., Start saving 10%%, then increase by 1% every month.
- Windfall Allocation: If you receive a large sum (bonus, gift), save a large chunk (e.g., 50%) of it automatically.
Configuration
For each rule, you can enable Auto Transfer to move money immediately, or leave it off to require manual approval for each saving action.