Income Tracker

The "Income Tracker" template provides an in-depth view of all your income sources, allowing you to track and monitor each one individually. With additional blocks focused on cash for daily life and savings, this template offers a complete picture of how your money is coming in and what’s available for use or saving. The template is ideal for individuals or businesses who want to gain clarity on their income streams and manage their finances more effectively.

Purpose:

This template helps users track their income by various sources while setting goals for each. It also provides an overview of cash available for daily expenses and total savings, making it easier to manage income and plan for both short-term and long-term financial goals.

How to Use This Template:

1. Import the Template to Your Fina Account: Start by importing this template into your Fina account to track your income and financial goals instantly.

2. Track Income by Source:

   • The "Income by Sources with Goals" section lets you input income from various streams such as paycheck, business income, or other earnings. It helps you compare your actual income against preset goals.

3. Monitor Cash and Savings:

   • The "Cash for Daily Life" and "Savings" blocks provide an overview of available funds for spending and saving, helping you keep an eye on your liquidity.

4. Analyze Income Trends:

   • The "Accumulated Monthly Income by Source" chart allows you to visualize how your income grows over time, helping you track progress and spot trends.

Tips:

• Set Realistic Goals:
  Regularly review and update your income goals based on your actual earnings and financial needs.

• Monitor Savings:
  Use the savings block to track your progress toward long-term financial goals and adjust your spending habits if needed to meet those targets.

• Stay Organized:
  Use the income sources and accumulated income chart to identify which income streams contribute the most and adjust your efforts accordingly.