Glossary of terms

How well the current state of this area suits you.

0% means the current state doesn't work at all and needs a fundamental change. 100% means everything is already exactly as you want it, with nothing left to improve. The number is subjective — go with your gut feeling.

Example: Your housing suits you but is too small → 60%.

A description of what this item looks like today.

Write the reality in your own words, not wishes. The system doesn't derive numbers from this — it's your starting point for comparison with the target state.

Example: I live in a rented 2-room flat on the edge of town.

Debts, instalments, or contracts tied to this item.

List everything that financially or time-wise ties you down in this area — mortgage, lease, notice period, loan. It helps plan realistically when a change is possible.

Example: A fixed-term lease until the end of the year.

A description of the situation you'd be fully satisfied with.

Describe the goal as concretely as possible — where, with whom, how often, at what quality. The more concrete the description, the more precisely costs and steps can be calculated.

Example: Own 4-room house with a garden within 30 minutes of the centre.

Sub-tasks that take you from today's state to the target one.

You can add a price and a date to each step. Steps carry over into the plan as milestones, and their costs feed into one-time costs.

Example: Get mortgage pre-approval — €0, by 31 March.

How long until you want to reach the target state.

Based on this number of months, one-time costs and the capital goal are spread into a monthly amount you need to set aside. A longer horizon means a lower monthly burden.

Example: 24 months for an item you want to resolve within two years.

How much this change matters compared to others.

Priority doesn't affect the cost, only the order of items in the summary and plan. The most important items are addressed first.

Intermediate steps between today and the 100% state.

If the goal is financially demanding, split it into cheaper intermediate stages. For each level, state what it involves and how much it costs one-time and extra per month.

Example: 60% = a bigger rental, 80% = rental with a garage, 100% = own house.

How much this item costs you every month today.

A recurring monthly payment. Yearly payments don't belong here — use the "Current extra yearly costs" field for those.

Example: Rent €700 per month.

Irregular or once-a-year amounts paid for this item.

Everything you pay once or a few times a year that can't reasonably be expressed monthly. The system divides it by twelve for calculations.

Example: Household insurance €240 per year.

The amount you need to pay once to reach the goal.

Purchase price, entry fee, renovation, course, equipment. You pay it once — it doesn't repeat. In the plan it's spread across months according to the time horizon.

Example: Buying kitchen equipment for €5,000.

Assets or savings you want to build up long-term in this area.

Unlike one-time costs, it isn't consumed — it stays with you as a value or reserve (own housing, financial reserve, company share, children's education fund). It's used to calculate the amount you need to set aside long-term so the goal is achievable within the given horizon.

Example: Own housing worth €250,000 or a €20,000 reserve.

How much the item will cost you every month once the target state is reached.

Not the difference, but the full future monthly amount. The system calculates the difference from today on its own and shows it below the fields.

Example: Rent €700 today, mortgage payment plus energy €1,100 after the change → enter €1,100.

Yearly or irregular payments in the target state.

The same logic as current yearly costs, but for the state after reaching the goal — property tax, servicing, insurance, an annual fee.

Example: Property tax and boiler servicing €600 per year.

How much more (or less) you'll pay monthly and yearly after the change.

An automatically calculated value: future costs minus current costs. A positive number means you need to increase your income; a negative one means the change eases your budget.

The gross monthly income you need for the plan to work out.

Calculated from the sum of extra monthly costs, spread-out one-time costs, and capital goals, then increased by taxes, business costs, and the reserve.

The share of income you hand over to the state.

Income tax and social and health insurance combined. The system increases the required gross income by this share so the net amount is enough for the plan.

Example: Roughly 25% for a sole trader.

The share of income spent running your income-generating activity.

Travel, software, marketing, materials, commissions. Usually 0% for employees. If you run a business, this part is deducted from income before it reaches your goals.

A safety margin for unexpected expenses and income drops.

We recommend at least 10%. Without a reserve, any unplanned expense will throw off the whole plan.

The time in which you want to fulfil the whole plan (at least 12 months).

Determines how many months the total costs are spread over. A shorter horizon means a higher monthly amount.

The sum of everything needed to fulfil the plan.

One-time costs, capital goals, and extra monthly costs multiplied by the length of the horizon.

The amount you need to set aside or earn extra every month.

Total plan costs divided by the number of months in the horizon.

A checkpoint of the plan with a deadline and an amount.

Milestones are created from the steps of individual items. Ticking them off lets you track real progress.

Adds your current living costs to the plan's costs.

Turn it on if you want to see how much you need to earn in total — for everyday life as well as your goals. Turn it off if you're only interested in the extra costs.

How often you pay the expense.

Monthly, yearly, or one-time. Everything is converted to a monthly equivalent for comparison (yearly amount / 12).

The currency in which all totals and plans are displayed.

Expenses entered in another currency are converted using the current exchange rate. You'll find the date and rates used in the conversion history.

An indicative rate used when current data is not available.

The system first looks for a daily rate, then a fixed currency peg, then a long-term average. Treat a value marked as fallback as approximate.