Let's Make Change.

There are many ways to Forgo. Let's start with the basics.

Step 1

Have an impulse to buy?

This could truly be anything, from an urge to buy a bag of chips and drink at the checkout aisle, a fast food run on the way home from work, or an online store purchase, all are excellent Forgo opportunities.

The rule of thumb is, Forgo a purchase if it’s something you probably shouldn’t buy or haven’t had time to think it over.

Step 1

Step 2

Put it down or skip the store… just don’t buy it.

This is the hard part and where we usually fail. We like the feeling that comes with the purchase and the brief reward of biting into a sweet snack or owning something new. The good news is we can get the same reward by Forgoing the purchase. Read on to step 3.

Step 2

Step 3

Use Forgo and spend on something better.

Open Forgo and log a new transaction towards one of your financial goals. For instance, if the bag of chips and drink would have cost you $10, then this is your Forgo amount. Spend the $10 towards one of your Wallets. 

Step 3

Step 4

Transfer the actual funds to your accounts.

Forgo will keep track of your spending amounts that way you can view the totals at a later time and decide whether to transfer the amount towards your financial goals or do nothing (not actually spend the money that was saved by forgoing purchases). However, Forgo does not transfer any funds from your financial accounts, so this is a manual step. To transfer the actual amount saved by using Forgo, simply login to your banking app or website and make a transfer from your checking account to your savings account, favorite investment app, or towards your debt.

We recommend transferring the amount you saved by forgoing purchases on a weekly or monthly basis.

Step 4

Step 5

View your progress and watch your wealth grow.

View the Dashboard to see how much you have saved by using Forgo and use the app to learn new ways to Forgo to keep the savings rolling.

Step 5
DashboardLearn