Financial Goals
Learn how MoniTrak separates actual bank cash, money reserved for Goals and the amount that is still available to reserve.
4 min readBEFORE YOU START
Goals organize part of your existing cash for a purpose inside MoniTrak. Reserving money does not move funds or reduce the actual balance of the bank account.
Have at least one eligible bank account with cash available.
Goal reservations are tracked inside MoniTrak.
Your bank account's actual balance remains unchanged when cash is reserved for a Goal.
STEP BY STEP
MoniTrak starts with the actual cash available in each eligible bank account. This remains the account's real cash balance even when part of it is reserved toward Goals.
Creating or funding a Goal does not transfer money out of this bank account.
When you allocate cash to a Goal, MoniTrak records that amount as reserved. The reservation belongs to the Goal, while the underlying bank cash remains unchanged.
Actual bank cash remains AED 15,000.
Reserved for Goals is an internal MoniTrak allocation. It is not a separate bank balance or bank transfer.
Available for Goals is the part of the bank's actual cash that has not already been reserved toward Goals.
Actual Cash − Reserved for Goals = Available for Goals
Available for Goals helps prevent the same portion of cash from being reserved repeatedly across Goals.
A new Goal reservation increases the amount reserved and reduces Available for Goals. The actual bank cash still does not change.
The change happens in MoniTrak's Goal allocation records, not in the actual bank balance.
Each eligible bank account has its own Actual Cash, Reserved for Goals and Available for Goals amounts. This lets you see how much each bank can still contribute toward your Goals.
A Goal can later use more than one eligible bank account when one bank's Available for Goals is not enough. We cover that in the allocation guide.
THE KEY DISTINCTION
MoniTrak keeps your actual cash visible while separately showing how much has already been committed to Goals and how much can still be reserved.
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