Learn about the four kinds of goals in Budget Forward
As Budget Forward simulates the future, it takes note of all income that isn't required for set expenses. This is represented on the Budgets screen as Potential. Goals are attached to any Standard Account and income into this account that meets the potential requirement is is offered to the goals based on their priority. There are several types of goals:
This is a simple goal which will collect income into a Goal Pocket Account until the target amount is reached.
This goal will allocate funds into a credit card until it has achieved a zero balance.
This goal will allocate funds into a loan until it has achieved a zero balance.
This goal will allocate funds into a Goal Pocket Account until the offset matches the amount owing on the loan.
This goal will transfer its allocation of potential funds to another account. If the destination account is also a Standard Account, these funds can optionally be used for Goals that are attached to that account as well. This allows you to create a stacked hierachy of goals.