Sync Goals to an Account

Request for Feature to ‘Sync Goals to an Account’

I have an Account named ‘Bank Savings’ where I put money at a bank monthly to get monthly interest income. Thus, I usually add 2 transactions per month called Bank Deposit and Interest Income. Now, I’m starting to set Retirement Goal, but MoneyCoach won’t let me sync the Goal to the Account. All I was forced to do is to go to:

Smart Goals -> Retirement -> Make a Deposit —> Transfer money From: Account named ‘Bank Savings’ To: Goal//Retirement.

Then, the money in ‘Bank Savings’ Account is deducted which does not reflect my bank statement, meaning I cannot keep track of it accurately in this app.

This is an unnecessary 3rd step. I already have the Account named ‘Bank Savings’ to save money for retirement. I don’t want to make a 3rd transfer transaction every month from this Account to the Goal. In the Goal named ‘Retirement’, just let me sync the ‘Bank Savings’ Account to this Goal. So every time I put money in the bank or receive interest income, I automatically have the Goal//Retirement to be updated without having to ‘Make a Deposit’ from this Account to the Goal.

One more thing to note is I don’t usually let my money sit still without earning some interest income. Thus, transferring some money to a Goal without an addition of interest income is not realistic. Most of us have money at the bank to earn interest income, not keeping our money at a house. My suggestion for developers is you guys should think of a new way/report to monitor money kept in an Account in sync with a Goal.

For example, I have a ‘Savings’ Account (i.e. money put at a bank to earn interest income) at $100, and I have 2 Goals (e.g. Retirement currently deposited at $40 out of $1,000 and A New House currently at $30 out of a goal of $800). Then, I have the ability to sync my ‘Savings’ Account to these 2 Goals. A newly created report/interface can help me see, in the ‘Savings’ Account, 40% ($40/$100) of the money is for the Goal Retirement, and 30% ($30/$100) of the ‘Savings’ Account is for A New House Goal, leaving only the remaining 30% of ‘Savings’ Account to belong to no goal (or simply money put at the bank). The remaining 30% of this Account can be used for emergency or for another goal or for nothing (simply kept at the bank).

If you don’t understand some of the above explanation, contact/ask me via email and I’m happy to reply.