PocketPals: Kevin Plattret

Why PocketSmith and Kevin have been best friends since day one! 💖

PocketSmith
Dec 20, 2017 · 5 min read

A little about you, Kevin

I’m yet another French person living in London, although I’m often told I almost sound perfectly British. Did you know that London is effectively France’s sixth city based on the number of French people living here? That FunFact™️ will be great to share at tea time!

What do you primarily use PocketSmith for?

I discovered PocketSmith a couple of years ago and we’ve been best friends since pretty much day one. It has helped me fix the rather unhealthy relationship I was having with my wallet. We’re on much better terms now, which makes me happy. I use PocketSmith primarily to track and keep on top of my everyday expenses across my different bank accounts, but also to have a record of my freelance revenue and expenses. This makes it super easy for me to gather all the necessary information I need when the time comes to file my tax return.

How has PocketSmith changed the way you do money?

Where to start… I used to just spend money without worrying too much about my account balances, and then panic when I would have to dip into my overdraft. When I started using credit cards it became even trickier to manage and although I would always pay the balance in full, I was spending a little more money than what was coming in every month. I was starting to notice that I was paying the previous month’s balance with the current month’s salary, thus being one month behind and completely reliant on my credit cards.

What pages/features do you use most?

I spend most of my PocketSmith time on the Transactions page, where I categorise and search through my transactions. I also quite often check the Cashflows page on which I have set the time range to show the current year in full. It gives me a solid overview of how I’ve been spending my money and helps me figure out where I might need to make adjustments. I particularly like that clicking on a monthly total for a given category shows the transaction details for that category: that’s super helpful when you can’t exactly remember why you spent an unusual amount in a specific category.

How often do you log in?

I sync my bank feeds and categorise my recent transactions on PocketSmith pretty much every day. It’s often the first thing I do when I open my laptop in the morning actually, and doing it regularly definitely helps as I only have a few transactions to review at a time, as opposed to many more if I get to it once in a couple of weeks or more.

Any tips?

Sync and categorise your transactions regularly. This will save you time as the sooner you categorise them after they’ve occurred, the better you’ll remember what they are, with the added bonus that you’ll always have clear visibility over the current month’s expenses and how you’re doing. Chances are you’re already doing this anyway. PocketSmith is so pleasant to use that it justifies your new addiction to staying on top of your finances (and believe me, there are worse things in life!).

What is the best money decision you made for 2017?

Well, this year I finished repaying my student loans and caught up with my credit card debts. Wow! Yes, I know, I wasn’t lying when I said PocketSmith and I have a pretty special relationship; we’ve been busy over the last couple of years.

Beautiful Patagonia

PocketSmith

PocketSmith is online money management software used by families in 195 countries! We’re passionate about helping people build better relationships with their money.

PocketSmith

Written by

We make online money management software used by families in 195 countries! We’re passionate about helping people build better relationships with their money.

PocketSmith

PocketSmith is online money management software used by families in 195 countries! We’re passionate about helping people build better relationships with their money.

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