A new living situation
Four years ago, Delaja barely thought about her finances. If she wanted to buy something, she just did. She did not really think about whether the money might be better spent elsewhere. “Four years ago, I would just spend money. I simply didn’t check, because I thought, whatever.”
Her situation has changed since then. Now that she lives on her own, she has to be much more mindful of her income and expenses. “You really have to think carefully: what can I spend, and what can I do? Can I still do fun things in my spare time? Because, yeah, everything is expensive these days.”
Understanding your spending helps you make better choices
Grassfeld has helped Delaja become more mindful about money. What she values most is the overview the app provides. “I have certain goals. The overview in the app makes it easier to see where you stand.”
That insight matters. When you know how much you earn and spend each month, it becomes much easier to determine what is financially possible. Suppose you earn €1,800 net per month. After paying your fixed expenses and groceries, you have €350 left. Without a clear overview, it can be tempting to spend that entire amount. But you may also want to save for a vacation or a driver’s license, or build an emergency fund.
By setting a budget in advance, you know how much money you can actually spend. You can also link your bank account to Grassfeld, which automatically categorizes most transactions. This lets you see how much you spend on things like groceries, clothing, transportation, and dining out.
The digital assistant helps with big purchases
What Delaja finds especially useful about Grassfeld is Grassfeld Intelligence. The AI assistant helps her think before making a major purchase. There may be enough money in her checking account at that moment, but if she is also saving for a vacation, the purchase could mean reaching that savings goal a few months later.
That does not have to be a problem, of course, as long as it is a conscious choice. Delaja finds that this extra moment to think helps her avoid impulse purchases. That is why she would especially recommend the Grassfeld app to young people. Not because young people are bad with money by definition, she says, but because it is tempting to spend without thinking about the consequences. “I did that myself too.”
A better, clearer overview
That does not mean you can never do fun things again or treat yourself. It means learning how much money you have available for those things. Delaja’s story also shows that you do not have to earn a lot of money before you can manage your finances better. It starts with knowing what is coming in, what is going out, and what you want to achieve with your money.
Most importantly, she has learned not to buy something without thinking, but to first consider whether a purchase fits within her financial means and goals. “It simply gives you a better, clearer overview of what you can and cannot do.”
Want more insight into your financial situation too?
Would you, like Delaja, like to gain more insight into your financial situation? With Grassfeld, you can easily track your income and expenses, set budgets, and work toward your financial goals. Link your bank account, review your transactions, and discover where you may be able to save money. That leaves you with more for the things that truly matter to you.
