What is the Goals Module?
The Goals module is how Wevanta translates your life ambitions into measurable financial milestones. Instead of guessing whether you are "on track" for a home purchase or your child's education, you define a target amount and target date, link your real investment accounts, and Wevanta calculates your progress automatically — every day, without any manual input.
Step 1: Creating a New Goal
Go to Planning → Goals and click New Goal. The creation form has the following fields:
| Field | What to Enter | Required? |
|---|---|---|
| Goal Name | A clear, personal name for this milestone. Examples: Dream Home Down Payment, Child Higher Education Fund, Europe Trip 2027, Retirement Corpus, Emergency Fund 6M. | ✅ Required |
| Goal Icon | Choose from 15 icons that represent your goal visually: 🏠 🎓 🚗 ✈️ 💍 🌅 💼 🎯 🏦 👶 🏥 💻 🏋️ 📱 🎸. This icon appears on the goal card on the dashboard. | Optional |
| Priority | 🔴 High — critical life goal, must not slip. 🟡 Medium — important but some flexibility. 🟢 Low — aspirational / nice-to-have. Priority drives sorting on the Goals dashboard. | Optional |
| Target Amount | The total rupee amount you need to reach this goal. Examples: ₹50,00,000 for a home down payment; ₹25,00,000 for a child education fund. Wevanta displays large amounts in Lakhs/Crores (e.g., ₹50L, ₹1.2Cr) for readability. | ✅ Required |
| Target Date | The deadline by which you want to reach the target amount. Must be a future date. Wevanta uses this to show Days Remaining and to calculate whether your current saving rate will get you there in time. | ✅ Required |
| Description | Optional notes about this goal. E.g., "3-bedroom flat in Whitefield, Bangalore. Need 20% down payment + registration." | Optional |
Step 2: Linking an Account & Assets to a Goal
This is the true power of the Wevanta Goals module. After filling out the basic target date and amount, you must link exactly one source Account to fund the goal. We support both high-level and granular allocation:
Map Entire Account vs Specific Assets
- Map Entire Account Value: The default behavior. 100% of the selected account's current value will automatically be tracked as "Progress" towards this Goal. Use this for dedicated savings accounts or EPF accounts.
- Map Specific Assets: If you select an investment account that contains multiple underlying assets (like an HDFC Demat account holding 5 different Mutual Funds), our system dynamically pulls these children assets via AJAX. You can then check specifically which Mutual Funds or Fixed Deposits are reserved for this goal, ignoring the rest!
Step 3: The Goals Dashboard — Reading Your Progress
The Goals index page shows all your goals as cards. Every card displays:
| Metric | How It Is Calculated |
|---|---|
| Current Value | Sum of (each linked account's current_value × its allocation percentage). This updates automatically whenever your account values change — when you add transactions, sync broker data, or update NAV prices. |
| Progress Bar % | Current Value ÷ Target Amount × 100, capped at 100%. The bar fills from left to right in real time. |
| Remaining Amount | Target Amount minus Current Value. This is how much more you still need to save or invest. |
| Days Remaining | Calendar days from today to the Target Date. Goes to zero on the target date. |
| Estimated Completion Date | Wevanta calculates your average monthly saving rate (Current Value ÷ months since goal was created) and projects when you will reach the target at that rate. If your rate is too slow, this date will be past your Target Date — a signal to increase contributions. |
Step 4: Adding More Accounts Later
You can link additional accounts to a goal at any time without recreating it. On the goal detail page, click Link Account, select an account from your portfolio, and it is added to the goal immediately. You can also unlink accounts you no longer wish to count towards a goal.
Step 5: Family Member Visibility
Goals are owned by the primary account holder. Family members with access can see goals linked to accounts they have permission to view. If a family member cannot see a particular account, they will not see a goal that is exclusively linked to that account.