Author: Pockett

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We are still on it!

It’s been a little while since we last shared what’s been happening behind the scenes, but let us reassure you: our dedication to improving Pockett has not wavered. In fact, we’ve been rolling out new features and making sure that Pockett continues to be the most user-friendly financial tracker you’ve come to rely on.

What’s New?

Here’s the rundown of the latest features that make Pockett even better:

🌍 Crypto Pairings with All Fiat Currencies: Dive into the crypto world with ease! Whether you’re dealing in EUR, USD, SGD, or any other currency, we’ve got you covered. This feature opens up a whole new world of possibilities for our crypto-savvy users.

🇮🇳 India Mutual Funds: For our users in India or those investing in Indian markets, we’ve introduced tracking for India mutual funds. This feature allows you to keep an eye on your investments in one of the world’s fastest-growing economies, right from your Pockett app.

📊 Import/Export to Excel and CSV: We understand the importance of flexibility in managing financial data. Now, you can import and export your Pockett transactions data as Excel or CSV files, making it easier to analyze your finances outside of Pockett as you see fit (export feature is for Pockett Plus only)

🔖 Easier Selection of Multiple Tags: Thanks to your feedback, we’ve revamped the tags system to make selecting multiple tags a breeze. This workflow improvement means better customization and an even smoother Pockett experience.

🛍️ Manage List of Merchants and Tags: Organize your financial life like never before. With the ability to manage your list of merchants and tags, editing and deleting is just a few taps away. This feature is all about giving you control and clarity over your transactions.

🔔 Daily Reminder: Stay on top of your finances with daily reminders to add transactions to your Pockett app. This gentle nudge ensures you’re keeping your financial tracking up-to-date, effortlessly.

Thank you for your continued support and patience. Your trust in Pockett fuels our passion and dedication. We’re here because of you, and for you. Here’s to making financial tracking not just easier, but a joy.

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App Update

Loads more new features added

App update: Version 2.0.1 to 2.0.8

It’s been a wild ride since our release of Pockett 2.0 in February. Most notably, we’ve added a bunch of highly requested features since!

Here are our top favourites.

⛔️ Bulk exclusion of transactions from dashboard widgets: Previously, you could choose to exclude individual transactions one by one. Now, you can choose to exclude all transactions from a specific category, merchant, or tag. Some users have told us that it’s pretty nifty for excluding all “transfer” transactions that they didn’t want showing up in their income/expense widgets!

🕵️ Transactions search tool: Search through all your accounts and portfolio transactions at once.

🧮 New calculator feature: Perform calculations before inserting your income/expense amounts.

💹 Fixed currency exchange rates: A new option to input a fixed currency exchange rate instead of using the automatic daily rates.

The best part is, all of these new features are available to everyone (both free and plus plans)! We are committed to making the tracking experience great for everyone and will continue to roll out new features for all.

If you’re enjoying Pockett, do leave us a review in the App Store or Play Store — every happy user/comment/review encourages to keep building and improving Pockett! 🙏

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App Update New version

Pockett 2.0 is out in the wild!

App update: Version 2.0.0

Yayyy Pockett 2.0 is finally released! 🎉

This major update has been a long time in the making, and we’re super excited to share all the brand new features with you.

📈 Brand new investment portfolio tracker and widgets (Pockett Plus only)

You can now track your stocks, crypto, ETFs, forex, and mutual funds from over 70+ exchanges worldwide!

This is by far the biggest feature of Pockett 2.0. Implementing investment tracking was a huge challenge both from a design and technical perspective. Two key design considerations we had were:

  1. the investment tracking part of Pockett has to meld in seamlessly with the rest of the app which was originally designed for accounts tracking; and
  2. it should function independently and should not affect the user experience for those who do not require investment tracking.

We’re pretty happy with the way it turned out, but do give it a try and let us know what you think!

With the addition of investment tracking, we’ve also added brand new dashboard widgets that are incredibly useful for getting intelligent insights into your portfolio performance.

📄 Generate PDF reports (Pockett Plus only)

One of our most highly requested feature, you can now generate PDF reports of your accounts, income, and expenses!

📁 Local backup/restore data

Six months ago, when we released the data backup feature to Google Drive, we received feedback from many of you that you’d prefer to have the option to back up your data to the local storage of your device. We’re excited to say that you can now do so! This feature will now allow you to manage your data manually, and will function even when there is no internet connection.

Here’s how you can backup and restore your data manually to and from the local storage of your device:

  • In settings, under Data Backup, select “Local Storage” as the destination of your back up
  • Select a local folder on your device to back up to
  • Once your back up is complete, you should find a zip file in your local folder which contains your latest Pockett data

📱Home screen shortcuts

Another highly requested feature, you can now add income/expense transactions quickly via long press on the Pockett app icon on the Home Screen of your device. This should make adding income and expense transactions a whole lot quicker than before!

Assign custom account type as “asset” or “liability”

You can now assign your custom account categories as an asset or liability. Previously, custom account types were classified as “other” by default.

…

🔧 Other improvements

Future-dated transactions: You can now add transactions that are dated in the future. Do note that your dashboard will only show transactions up till today, but your future-dated transactions will be shown in the respective accounts in your MyPocket page.

More customisation options for donut and bar charts: You can now specify specific transactions types (e.g. by merchant, category, or tags) to be included in your donut and bar chart widgets.

Auto light/dark mode based on system settings

Passcode screen: We fixed a bug on the passcode screen which allowed a bypass when tapping on the back button of an android device

If you’re enjoying Pockett, we’d really appreciate it if you’d consider leaving a review on the App Store or Play Store. Thank you! 😊

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Blog

Our journey so far

We launched Pockett in late-March 2021. Nine months on, we can’t believe how far we’ve come.

Today, we are so proud to say that we have almost 2000 users from 132 countries worldwide! 🤯 We’ve received countless notes from you all expressing appreciation for our work, and countless more with great feedback and ideas on how to make Pockett even better. We truly appreciate every single review and every rating that spurs us to keep improving Pockett. We even had one of you make a contribution to Pockett’s development and operating costs! You know who you are, and we cannot express enough how much that means to us – thank you so much for your support!

What’s next for Pockett?

You might have noticed that we haven’t had an update in awhile. That’s because we’re working on a HUGE release that will include many of the most-requested features such as 📈 investment portfolio tracking, 📄 PDF report generation, 📁 local data backup/restore, and more. We keep our roadmap pretty up-to-date here so you can always see what we’re working on at the moment.

We’ve always hoped that Pockett will ultimately be the app that allows you to see all your finances in one place. That is why investment portfolio tracking is so important to us. When the feature is complete, you’ll be able to add all the assets you own and track their performance over time alongside your expenses, income, and net worth. A multitude of asset classes will be supported, including stocks, ETFs, mutual funds, forex, crypto, and more.

Keeping Pockett sustainable

As you know, Pockett started as a personal passion project and we do not make any money off of it – there are no ads, no in-app purchases, and we do not sell any data because we simply do not store any.

As Pockett grows in users and features, we expect our operating costs to increase significantly, largely due to growing server and data licensing fees. We have personally spent thousands of dollars building and maintaining Pockett so far, and this is not including our time spent on it which we consider to be completely free. While we have been able to fund Pockett’s running costs by ourselves thus far, the increased costs will eventually become too high to bear by ourselves.

To keep Pockett sustainable, we are considering introducing a paid plan for access to more advanced features, such as investment portfolio tracking. We hope that this will help to keep Pockett sustainable, and allow us to breakeven on our monthly operating costs at some point.

Nevertheless, it is important to us that we stay true to our original intent of building a personal finance companion for everyone. So we would like to assure you that Pockett’s original features for tracking expenses, income, budget, and goals will always remain absolutely FREE to use, for everyone.

We hope you understand that we are not introducing a paid plan for the purpose of making huge profits, but the sole intent is to allow us to continue building and operating Pockett while minimising the financial costs to ourselves.

Thanks so much for your support thus far. We’re incredibly grateful for the thousands of you who’ve joined us for the ride. We hope you’ll continue to support us on this journey and we’re super excited to show you what’s still to come for Pockett!

As always, if you have any feedback, ideas, or just want to say hi, please feel free to drop us a line at support@pockett.app – we’d love to hear from you!

Categories
App Update

Budget insights, and other improvements

App update: Version 1.3.1

💰 Budget insights

You can now easily see the amount you have left to spend or exceeded for each budget category.

🔧 Other improvements

  • App start up: We fixed a bug that was causing the app to become non-responsive for some users.
  • Data backup/restore: Custom categories can now be backed up and restored.

If you’re enjoying Pockett, we’d really appreciate it if you’d consider making a contribution towards its development and operating costs. Any amount will be greatly appreciated. Thank you! 😊

Categories
App Update

Additional timeframe options for dashboard, receipt smart scan (Beta), and other improvements

App update: Version 1.3.0

🗓 Additional timeframe options for dashboard

A highly requested feature, you can now view your dashboard by calendar month (e.g. Jul 2021, Aug 2021), or even select a custom date range (e.g. 01 Jan 2021 to 31 Jul 2021). These options are in addition to the existing preset time ranges (1m, 3m, 6m, 1y, All).

🧾 Receipt Smart Scan (Beta)

You can now try adding an expense to Pockett by scanning a receipt! The app will automatically read the Merchant, Date and Amount of the transaction so you don’t have to fill these in yourself. As this is a beta release, do let us know if you encounter any issues or bugs at support@pockett.app.

Each receipt scan comes at a cost to us as it requires image processing, optical character recognition, and AI processing on the back end. We have thus capped the number of scans at 15 per month per user in order to manage our operating costs.

If you’d like more receipt scans, you can invite friends to Pockett. For every friend who signs up with your referral code, you’ll both get an extra 5 receipt smart scans per month, up to a maximum of 150 scans! Every new user encourages us to keep building and improving Pockett, so thanks in advance for helping to spread the word. 🙏

🔧 Other improvements

  • App start up: We fixed a bug that was causing the app to become non-responsive for some users.

If you’re enjoying Pockett, we’d really appreciate it if you’d consider making a contribution towards its development and operating costs. Any amount will be greatly appreciated. Thank you! 😊

Categories
App Update

Data backup, exclude specific transactions from dashboard widget, and other improvements

App update: Version 1.2.0

☁️ Data backup

You can now back up your Pockett data to Google Drive!

By default, Pockett encrypts all your data and stores them locally on your device. You can choose to back up your data to your Google Drive to keep your data history safe. This way, you’ll be able to restore your data if you lose your current device or change to a new one.

To back up your data, go to settings and enable auto backup. 

Tap on “Back Up Now”, and follow the prompts (if any) to back up your data. Your data will now be backed up automatically every day and when the app is in use.

🚫 Exclude specific transactions from dashboard widget

If you wish to exclude specific transactions from your widget, you can do so by sliding left on the transaction in the widget, and selecting “exclude”.

This is particularly useful for when you’re tracking multiple accounts in Pockett, and want to avoid transfers between those accounts from being tracked as an income or expense in your widgets. 

Tip: You can bring your excluded transactions back at any time by clicking on the three dots at the top right of the widget and selecting “view excluded transactions”. Slide left on the transaction you want and select “include”.

This feature has actually always been available but from questions and feedback received, we realised that it may not be easy to find. We’ve thus included a guide on how to exclude transactions from a dashboard widget in this latest version. More tips on how to get the most out of the Pockett app are available in the in-app User Guide under the FAQ page.

🔧 Other improvements

  • Sign up: We fixed a bug where users in the EU were unable to create an account.
  • Adding income/expense/transfer: The last account used will now be selected as the default account for the next transaction. We also added an option to create an account from the accounts drop down list.
  • Customize categories: We fixed a bug where larger system font sizes could affect the placement of the button to add new categories.
  • Savings goal: A new option is now available to add to a savings goal. We also fixed a bug in the calculation of the monthly goal amount; this fix will apply to new goals created.
  • MyPocket: We fixed a bug where transfer transactions could not be added if the original wallet account was hidden.

If you’re enjoying Pockett, we’d really appreciate it if you could leave a review in the App Store or Play Store. It’ll help tremendously with the App Store algorithm so more people can discover Pockett. Thanks so much! 😊

Categories
App Update

More icons for custom categories, and other improvements

App update: Version 1.1.0

More icons for custom categories

This was one of the top voted suggestion on our ideas board. We’ve added a bunch more icons for custom categories based on your feedback.

If you have a customised category list, you may notice that your category icons look different after the update. This is due to the addition of new icons, but can be easily fixed by resetting your categories to set the icons back to default.

Other improvements

  • Customise categories: We fixed a bug where pressing and holding a category failed to bring up more options.
  • Dashboard: We changed the colours of the bar chart so that it’s easier to read.
  • Budget: Bar chart will now refresh immediately when a transaction is updated.
  • Email verification: We fixed a bug where multiple welcome emails are sent after verification due to multiple visits to the verification page.
  • MyPocket: We fixed a bug where transactions could not be added if the original wallet account was hidden. We also fixed a bug where rearrange accounts was not working.

If you’re enjoying Pockett, we’d really appreciate it if you could leave a review in the App Store. As an indie developer, it would mean the world to us. Thanks so much!

Categories
App Update

Transfer between accounts, exclude specific transactions from budget, and other improvements

App update: Version 1.0.3

🔁 Transfer between accounts

We’ve had a few requests for a dedicated function to make transfers between accounts in MyPocket — we’re excited to say that you can now do so! This is real handy for transfers such as paying a credit card bill from a cash account. You can even set up recurring transfers if you like.

🚫 Exclude specific transactions from budget

There is now an option to exclude specific transactions from your budget. This is especially useful for when you’re making transfers between accounts — these transfers are not typically considered expenses and can unnecessarily inflate your expenses if tracked in your budget.

👆One-click sign up / log in

We’ve integrated sign up / log in with Apple, Google, and Facebook. With this, you’ll be able to skip past cumbersome registration and log in procedures and dive straight into your Pockett account!

Other improvements

  • Monthly budget: We changed the order that transactions are shown so that the most recent transactions are now shown first. This makes it consistent with the other parts of the app.
  • Dashboard: We fixed a bug where there were issues with selecting specific portions of the donut chart after scrolling down the transactions list.
  • Compatibility with larger system font sizes: We fine-tuned the text layouts in the app to improve clarity and readability for those who are using larger system font sizes. 
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Blog

Thanks so much for your support! ❤️

We received several emails and reviews from you guys over the last couple of weeks that really warmed our hearts. Thanks for your kind words and taking the time to send us your suggestions and feedback. It means so much to us to know that you’ve enjoyed using Pockett and are interested in helping it improve and grow! 🌱

We are actively developing Pockett and have many features in the pipeline that we can’t wait to share with you all. You can see what we are working on now on our roadmap. The major features in active development include:

🔁 Transfer between accounts
🧾 Receipt smart scans

Building the receipt scanning feature is particularly challenging as it requires optical character recognition (OCR), machine learning, and artificial intelligence expertise. We have explored integrating a commercial receipt OCR API, but the costs are simply too prohibitive, especially since Pockett is a free app and we are funding its development and running costs entirely on our own.

Many of you have indicated your interest in the receipt smart scan feature in our in-app survey, so we really want to make it happen for you. For now, we have enlisted the help of a friend with expertise in OCR and machine learning, and are working through the challenges of developing a robust receipt smart scan algorithm. We’ll keep you posted on our progress here, so stay tuned!

Please keep your questions, feedback, or suggestions coming. We absolutely love to hear about how you’re using Pockett, and what works or doesn’t work for you. We’ve got a new ideas board where you can post your suggestions or upvote features you’re excited about — do check it out!

If you’ve enjoyed using Pockett, it’d make our day if you’d consider making a contribution towards its development and operating costs. Any amount will be greatly appreciated! 

Alternatively, you can also leave us a review on the App Store or Google Play Store. It’ll help tremendously with the App Store algorithm so more people can discover Pockett. Thanks so much! 🙏