What data you should prepare?
By preparing these key areas before starting with the canvas, you set yourself up for better organisation and a stronger sense of control, making the journey to financial freedom more achievable and efficient.
Your life goals
Defining your financial goals—whether it's short-term, like saving for a vacation, or long-term, like retirement—gives you a clear direction. The canvas works best when you have specific targets to aim for. Without goals, your financial planning becomes unfocused, making it harder to measure progress and success.
Your Assets and investments
Knowing what you own, such as savings, property, and investments, provides an accurate picture of your current financial position. It helps you determine what resources you have available to reach your goals and highlights opportunities for growth, as well as any potential risks.
Your income and spending
Being aware of your income and expenses is fundamental to financial planning. Tracking these elements ensures you know where your money is going, helping you manage spending and identify areas for potential savings. It also allows you to make informed adjustments as you work toward your goals.
Forecast your future finance
provides a clear picture of spending habits, helping to manage budgets effectively, identify areas for savings, and make informed financial decisions.
Simple to use
Using T.O.N.Y. Method
Track: Know how much you can use
Helps you know how much you can spend by providing a year-long financial overview, broken down into manageable monthly budgets. It tracks your income, expenses, and savings for the entire year, offering clarity on how much you can use each month without jeopardizing long-term goals. This combination of a yearly focus and monthly budgeting helps you prioritize spending in the short term while ensuring you stay on track with larger financial goals, such as savings or debt reduction. It empowers you to adjust your lifestyle according to your financial situation, offering flexibility in your current spending while securing your future.
Navigate: See change after adjusting your spending
Allows you to immediately see the impact of adjusting your spending by visually updating your financial plan. When you change your spending habits, whether increasing savings or reducing expenses, the canvas reflects these changes, showing how they affect your overall financial picture. It helps you quickly assess how adjustments can accelerate your progress toward goals, free up more disposable income, or shorten the timeline for debt repayment or savings targets. This real-time feedback empowers you to make informed financial decisions and adapt your strategy to meet evolving needs and priorities.
Organise: Know how long it takes to achieve each goal.
Helps you understand how long it will take to achieve each financial goal by visually organizing and tracking your progress. By mapping out your goals alongside your income, expenses, and savings, it provides a clear timeline based on your current financial situation. You can adjust contributions toward each goal, monitor your savings rate, and see how changes in your spending or income impact the timeline. This makes it easier to estimate when you’ll reach milestones, helping you stay motivated and on track for both short-term and long-term objectives.
Yield: Adjust your lifestyle and secure your future goals.
providing a clear overview of your finances and goals. It enables you to balance your spending in the present without compromising your long-term aspirations. You can visually see how much you can comfortably spend today while still contributing toward future objectives like retirement, buying a home, or paying off debt. The canvas shows how small lifestyle adjustments, like reducing unnecessary expenses or increasing savings, can accelerate your progress toward achieving these goals, allowing you to enjoy life now while building financial security for the future.