YOU: Hey can you help with saving money? I have a wedding I want to go to and need to save $1,500 by the beginning of next year.
GENIUS: Sure can! I'd be happy to help come up with a plan. Have you already started saving towards this goal?
YOU: Not yet. I literally found out about it like a week ago and need to get started saving some money, but Im already pressed for cash.
GENIUS: Well, lets take a look at the numbers. You've got 7 months to go left to meet your goal. To save $1,500 by then, you'd need to set aside $215 aside each month to get there by January 1st. In looking at your account, I see you're bringing in about $2,100 a month in income and have about $1550 in bills and average spending. This leaves about $550 left aside each month in funds you can spend or save. Does this sound accurate to you?
YOU: Yes honestly, I didn't even realize I had that much left over I was just blowing. Still, its about half of that money left over.
GENIUS: Well, it looks like you're meeting your bills each month, so you're not putting yourself in danger there. I see you've got the Rainy Day fund goal going, which is great! Aside from that, I would set up one for the wedding and transfer $50 each week in there. (I can assist with setting up the goal as well.) It's a good idea to keep both goals going at the same time so you don't end up drawing from that emergency fund to for the wedding right before you go.
YOU: Okay, and the $50 will be enough? Honestly, if it helps, I can cut down on some of the bills in the amount you mentioned before. I'd rather not have to charge anything on a card to go to the wedding if its a bill I can cut out.
GENIUS: The $50 will definitely get you there by January 1st! Also, I'd be happy to help set them up for you if you'd like or you can tap the "Add a Savings goal" button on the bottom of the main screen to get started.
YOU: Thanks! I'll definitely set up the wedding one and I'll just not touch the rainy day fund haha.
GENIUS: If you find yourself tempted, just give a genius a text for a reminder of what youre saving for.
YOU: OK! And can I change the goals if something comes up?
GENIUS: Sure can! Let us know if you need any help with that.