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Save toward a goal

Last updated October 13, 2026

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A savings goal tracks money you set aside for something specific, such as a trip, by a target date. Your AI can tell you how much you've saved, how far along you are and whether you're on track.

A goal works like a monthly budget, turned around: instead of capping what you spend, it counts what you put away.

How to do it

  1. Pick a tag for the goal, such as Vacation. The goal counts money that carries that tag. You can use a category instead, but a tag you keep only for this goal is the safer choice.
  2. Ask your AI to create the goal. Give it a target amount, a target date and the tag. A goal needs a name too, and your AI can choose one.
  3. Each time you move money toward the goal, ask your AI to tag the transaction where the money leaves, such as the transfer out of your checking account. Tag transactions and add notes shows how tagging works.
  4. Any time, ask your AI whether you're on track.
Try asking

Create a $3,000 vacation goal for June 30 next year that tracks money I tag Vacation, then tell me whether I'm on track.

Try asking

Create a $3,000 vacation goal for June 30 next year that tracks money I tag Vacation. Then tag the $750 Online Banking Ref 4417 transfer out of Everyday Checking last month as Vacation, and tell me how much I've saved toward the goal.

What you'll see

Your AI confirms the goal with its name, target amount and target date. When you ask how it's going, it reports:

  • how much you've saved so far;
  • how much is left to reach the target;
  • how far along you are, as a percentage, which can go past 100% if you save more than the target;
  • whether the goal is funded;
  • whether you're on track;
  • up to five transactions with the goal's tag or category.

How saving is counted

  • Money out, with the goal's tag or category. Saved is the total of outgoing transactions that carry the goal's tag or category. Tag the side where money leaves an account. A deposit into your savings account is money in, so tagging it doesn't add to the goal.
  • All of it, not one month. Saved adds up every matching transaction up to your target date, or up to today once the target date has passed. Transactions from before you created the goal count too.
  • On track has a fixed meaning. You're on track when the share of the target you've saved is at least the share of time that has passed between the day you created the goal and the target date. A funded goal is on track unless it's paused.
  • A new goal starts off track. Right after you create a goal, before any tagged money is counted, it reports that you're not on track. That changes once your saved share catches up with the time that has passed.

Good to know

  • Always name a tag or category. Pennyweight lets your AI create a goal without one, and such a goal counts every outgoing transaction in its scope as saved. If your AI reports a large saved amount you don't expect, ask it to add a tag to the goal. Changing the goal keeps its start date, so the on-track clock doesn't restart.
  • A spending category counts spending. If you point a goal at a category such as Travel, every trip expense counts as saved. Use a tag you only put on money you set aside.
  • Tags match exactly. Vacation and vacation are different tags.
  • A goal belongs to one ledger. Your AI puts it in the ledger it's working in unless you name another, and it counts only that ledger's transactions. Tag money that leaves an account in that ledger.
  • The target is in the ledger's currency. If any tagged money is in another currency, your AI won't give a saved total, percentage or on-track verdict. It shows what you saved in each currency instead. Goals don't convert currencies. See accounts and totals in more than one currency.
  • Paused goals. A paused goal always reports that you're not on track. See pause, resume or delete a budget.
  • No reminders. Pennyweight sends no alert when you fall behind or reach the goal, and there is no goal page on the web. Ask your AI when you want an update.
  • Set a monthly budgetAsk your AI to cap a category for the month, then check how much you've spent and how much is left. Here is how budgets count your spending.
  • Tag transactions and add notesAsk your AI to tag transactions so you can find and total them later, or add a note to one transaction so you remember what it was.
  • Pause, resume or delete a budgetAsk your AI to pause a budget for a while, turn it back on, change it, or delete it for good. Here is what each one does to the budget.
  • Roll unspent budget into this monthAsk your AI to carry last month's unspent budget into this month, so this month's cap grows by what you didn't spend. Here is how the carry works.