Financial Goals Tracker

Overview

Helps you define specific savings goals (vacation, down payment, new car, etc.), calculates the required monthly savings for each, tracks progress from your transaction history, and alerts you when you are ahead or behind schedule.

Wilson Tools Used

• spending_summary — determine current savings rate and available capacity for goals
• transaction_search — find deposits and transfers related to specific goals

Workflow

1. Ask the user to define their goals. For each goal, collect: name, target amount, target date, and any dedicated savings account or label.
2. Run spending_summary for the last 3 months to calculate average monthly income and average monthly expenses. Derive the current monthly savings rate: income - expenses.
3. For each goal, calculate:
   • Months remaining: difference between today and target date
   • Required monthly savings: (target amount - current progress) / months remaining
4. Run transaction_search with query: "<goal name> OR <account name>" and months: 6 for each goal to find related deposits or earmarked transfers.
5. Sum the deposits found to estimate current progress toward each goal.
6. Present a goals dashboard: