Creating your first Goal on Folio? Wondering when money will begin leaving your bank account? It's quite simple - read on!

When you create a Goal on Folio, you'll need to select a Start Date.

This Start Date for your Goal, is when your first transaction will take place. Whether you choose to begin saving on today's date, or a date in the future, is totally up to you!

Just remember that it's on this date that you'll see a Direct Debit Payment created with the status (Pending).

Further savings towards your Goal will be determined by the Frequency you choose (Weekly, Fortnightly or Monthly). 

  • Weekly Saving taking place each week, until you reach your End Date
  • Fortnightly Saving takes place every other week, until you reach your End Date
  • Monthly Saving taking place each month, until you reach your End Date

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