Set Clear Money Goals: Choosing the Right Investment Portfolio

Quick Recap: Our spring cleaning series has covered organizing your money management system, decluttering your money mindset, and cleaning up your cash flow. Now it’s time to focus on organizing your investment goals and matching them with the right portfolio to help them grow.

You’ve set some financial goals, but maybe you’re not sure which investment portfolio fits them best. Or perhaps you have multiple goals and aren’t sure how to organize them effectively. Let’s clean up your investment strategy and make sure each goal connects to the right portfolio.

Getting Started with Investment Goals

Now that you’re tracking your spending like a pro from our Clean Up Your Cash Flow article, let’s put that knowledge to work! Beewise helps you transform your smart money habits into actual investments through our six expertly crafted portfolios. Think of these portfolios as different recipes for growing your money, each designed for different goals and comfort levels.

Setting Up Your First Beewise Investment Goal

When you set up a goal in Beewise, you’re creating an investment goal that connects your financial dreams to a specific investment strategy. Each goal you create will invest your money through your chosen portfolio. Here’s how it works:

Create Your Goal

• Tap the Goals tab
• Select “Create New Goal”
• Pick one of the suggested Goals (e.g., Retirement) or create a Custom Goal
• Name your Goal and choose a target balance
• Choose your timeline for when you want to achieve it

Choose Your Portfolio
When setting up your investment goal in Beewise, you’ll connect it to one of our six expertly-crafted portfolios. Each portfolio has its own unique focus and investment approach, allowing you to choose one that aligns with your interests and goals. Whether you’re passionate about innovation, sustainability, or other key areas of growth, there’s a portfolio to match your vision.

Set Your Target
Make your goal concrete by deciding:

• How much you want to invest (you can start with as little as €10)
• Confirm the investment from your connected bank account (all investments will come from this same account)
• Activate a monthly reminder so Beewise can remind you to invest each month to reach your goal within your set timeline.

You can create multiple goals using the same portfolio. Maybe you want to set up both a vacation goal and a new car goal that invest through the same investment strategy – that’s totally doable!

Make Your Goals Work for You

Let’s look at some common investment goals and how to set them up effectively.

Short-Term Goals (1-3 years)
Perfect for goals like:

• Dream vacation
• New car
• Wedding plans
• Emergency fund boost

Medium-Term Goals (3-5 years)
Great for planning:

• Home down payment
• Career change fund
• Major life events
• Starting a business

Long-Term Goals (5+ years)
Think big:

• Retirement planning
• Children’s education
• Investment property
• Financial independence

Track Your Investment Progress

Watching your investments grow is exciting! Here’s how to stay on track:

Weekly Check-In
Quick progress peek:

• Review your latest investments
• Check goal progress
• Plan next investment
• Note any questions

Monthly Review
Deeper dive time:

• Compare progress towards your goals
• Check if you’re on track with your goal timeline
• Review portfolio performance
• Plan any adjustments

Level Up Your Investment Game

Ready to make your goals work harder? Try these pro moves:

Portfolio Strategy
Make your investments meaningful:

• Choose a portfolio focus that interests you
• Learn about the areas your portfolio invests in
• Track how your chosen investments perform
• Stay informed about market developments

Smart Goal Adjustments
Keep your goals realistic and achievable:

• Break big goals into smaller ones
• Celebrate milestone moments
• Adjust for life changes
• Stay flexible but focused

Common Questions Solved

“Can I change my portfolio later?”
While you can’t connect one goal to multiple portfolios, you can:

• Create new goals with different portfolios
• Have multiple goals using the same portfolio
• Adjust your investment amounts
• Update your target timeline

“What if I need to pause investments?”
Life happens! You can:

• Keep your goal active
• Reduce investment amounts
• Adjust your timeline
• Resume when ready

Your Next Steps

Ready to start investing? Here’s your action plan:

This Week

• Download Beewise (if you haven’t already)
• Review our portfolios
• Pick your first investment goal
• Choose your starting amount

This Month

• Set up regular investments
• Track your first progress
• Learn about your portfolio
• Celebrate getting started!

Remember: The perfect investment plan is one you’ll actually stick to. Start where you’re comfortable and build from there. Every investment, no matter how small, is a step toward your financial dreams.

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