Josh Daniell

A common one is spend analysis.

So you can see a categorized view of your spend and how that changes over time.

and that may show up things that you want to change.

That's exactly right.

So people have heard of frameworks like the Barefoot Investor who have a heuristic for what proportion of your income you should put into future you and put into savings or investments, what proportion you should aim for for your essential expenses like rent or mortgages and food, etc.,

and what you might want to portion out for discretionary spend.

So people can use a spend analysis to map it to a framework like that, that they feel is relevant to them.

Subscription management is another one that you can see very clearly when you've got all your data in one place, you can see the recurring payments and you can decide whether that's still sparking joy or giving you value.

Exactly, yes.

And then I think the big thing and the hard thing is budgeting, which puts a lot of people off because

And generally people don't get taught how to do a budget.

It's something that they stumble into.

That's true.

That's true.

There may be that.

And, you know, hopefully it's empowering, right?

Hopefully it gives you the visibility and sense of control.

But, you know, if you are manually writing a budget, that is a very daunting exercise.

And starting with a blank spreadsheet is daunting for anyone.

With these tools, and just to mention a few of them, there's tools like Pocketsmith, SortMe, BudgetBuddy that do this in New Zealand.