iHaveTargets

Many people dream of owning a new home, a new car or even the last high tech gadget just released on the market. However, the biggest stumbling block is the high cost of these things. If you aren’t among the minority who pay cash, you can use this app to help you to achieve your targets.

Let’s say you want to buy the bike of your dreams, but it has a high cost and you don’t have the money or don’t see how to get it without borrowing from a bank, credit union or a finance company. You know that if you borrow it you will pay almost twice the price of your bike, because of the high taxes these companies usually charge.

If you know about it and usually save money, iHaveTarget is perfect for you. iHaveTargets shows you how many months you will take to have the total amount you need, you can track your savings and see if everything is going ok, since it creates a base line and you can update each month with the current value you have (we know some times we can’t save as much as we planned, but we can’t forget we have a plan).

If you are not used to save money, iHaveTarget is perfect for you too. Just use it and learn how to save some money is funny and costs less than borrow it from companies.

How the calculation is done?
Let’s say you set a new target where you have the following data:
Present value / Initial value (Pv): $ 500.00
Interest rate (Ir): 0.5 % monthly
Month investment (Mi): $ 50.00
Final value (Fv): $ 50000.00
For each Month until get the final value:
Fv = (Pv + Ir %) + Mi
Fv = (500.00 + 0.5%) + 50.00
Fv = 575.00

Current features:
. No limits for targets
. Base line is set when a new target is created.
. Two different kind of view:
. Table view (monthly)
. Chart view (dynamically)
. Delete target
. Change an specific month
. Change all month after an specific one

Next features:
. Notification system