1. Can I set my own goals with Sav?

Yes, you may set your own goals and adjust the rules to suit your needs. Whether you are setting aside money for a down payment on a house, a trip, or an emergency fund, our rules make it easy to reach your goals faster.

2. How do I create Goals?

To create a new Goal, navigate to the Goals page and choose the type of Goal you would like to start. You may adjust the Goal name, the amount you want to save, the cover photo, and which rules you would like the Goal to be funded by. When you are finished, tap ‘Create my Goal’ at the bottom to start saving!

3. May I edit Goals? How?

Navigate to the Goals –> Existing Goals. Tap on the Goal name you would like to edit. From here you may update your cover photo, the name of the Goal, the target amount, what rules are applied and who may budget with you.

4. What happens to a completed goal?

When your Goal has been completed, you may transfer funds to your spending account on Sav Card. The money may be withdrawn from the ATMs or spent via the Sav Card.

5. What happens to the money if I close the Goal?

Before you close out a Goal, you’ll need to transfer the money out of the Goal. You may move this to one of your other Sav Goals or your spending balance.

6. What is the 50:30:20 budgeting rule?

The 50:30:20 rule suggests allocating 50% of your income to needs, 30% to wants, and 20% to savings.

7. What is automated savings with Sav?

Automated savings with Sav is a way to save money effortlessly by using simple rules. We help you save money by rounding up your spare change, setting and forgetting a regular transfer, or sorting your incomes. These rules work automatically in the background, so you may reach your savings goals without having to think about it.

8. May I set it and forget it with the set and forget rule?

Absolutely! With this rule, you may choose how much you want to budget and how often you want to budget it. You may choose to add money daily, weekly or monthly. We will do the rest for you, so you may just sit back and watch your funds grow.

9. What is the salary sorter rule all about?

With the salary sorter, we help you automatically set aside your salary towards multiple goals. You may set budgets and goals for different categories, like eating out, shopping, and entertainment and we can make sure you are sticking to them by automatically transferring money from your Sav card to your individual goals. It is a great way to stay on top of your spending and reach your goals faster.

10. What is my saving pot?

This saving pot is right there on the homepage for you to keep adding funds and keep some money aside for any future purchases, big or small.

11. What is my spare change pot?

Set this pot to round up to the nearest 5 when you spend through your card. This will help you save money without thinking about it.

12. What is Daily Savings?

To make savings easy for you, you may set up an amount to be moved to your Daily Saving pot every day without you having to manually move funds.

Please click on the below link for the FAQs

https://sav.money/faq/rules-and-goals