Overview
PocketSmith is a personal finance management tool designed to provide users with a comprehensive view of their current and future financial situation. It connects to over 14,000 banks and financial institutions to automatically import and categorize transactions. The platform offers forecasting capabilities, allowing users to project their account balances up to 60 years into the future based on current spending habits and planned budgets. Key features include customizable dashboards for tracking specific financial goals, flexible budgeting systems with rollover options, and detailed reports on income, expenses, and net worth. Category rules automate transaction categorization, streamlining financial analysis. PocketSmith supports multiple currencies and secure advisor access, making it suitable for individuals and households seeking better control and visibility over their finances. It uses encryption for data in transit and at rest, offering a secure environment for financial data management.