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