Setting financial goals as joint families
Several earners, shared expenses, and assets spread across names and generations. What the family owns collectively is rarely written down anywhere, which becomes a problem at exactly the wrong moment.
- Built for
- The family
- Focus here
- Goals and the five-year view
- Price
- Free
not one person
of the full picture
no card needed
The problem, specifically
Several earners, shared expenses, and assets spread across names and generations. Goals without dates and amounts are wishes, and wishes lose to whatever is urgent this month.
What to set up once
Each goal with a target amount, a target date and where the money is being held. The app works out the monthly contribution needed and, more usefully, projects the month you will actually reach it based on what you are really saving.
The number to watch
The gap between the month you want the money and the month you are projected to have it. That gap is actionable in a way a target amount alone never is.
Where FamTally comes in
FamTally covers goals and the five-year view for joint families: loans with real amortisation, income and recurring expenses, assets valued at today's prices, insurance with renewal reminders, goals with projected dates, and a five-year cashflow forecast. Invite the rest of the family with view or edit access so the knowledge is not held by one person. The AI assistant answers questions against your own numbers — "can we afford this?", "which loan should we clear first?" — instead of offering generic advice. Free to use.
Stop doing this in a spreadsheet
FamTally keeps your loans, income, expenses, assets, insurance and goals in one place, forecasts five years ahead, and answers questions about your own numbers. Free, and built for Indian families.
Start freeQuestions people ask
Is FamTally suitable for joint families?
Yes. It is built around an Indian household rather than an individual account — loans, income, expenses, assets, insurance and goals in one place, shared with whoever needs to see them.
Can more than one person use the same account?
Yes. Invite family members and give each of them view or edit access. Everyone sees the same numbers, which is usually the change that matters most.
Does it connect to my bank?
No. You record what matters — income, expenses, loans, assets and policies — and the app does the calculation, projection and reminding. Nothing needs your banking credentials.
What does it cost?
It is free to use, including the AI assistant within its daily limits.