Park money for planned spending

Real people don't open a separate account for every plan. €7,000 sitting in your current account might be part car insurance, part new-car fund, and part money you're simply keeping. Parking lets you say which is which, in place.

What parking actually does#

Parking is an earmark, not a transfer. Nothing moves between accounts, no transaction is created, and no balance changes. What changes is how Fyncora counts that money: parked money stops counting as spendable wealth, and stops inflating your Keep Rate.

Your wealth is then the residual — everything you hold that isn't parked. Money sitting in your everyday account counts, even though you never moved it anywhere clever.

First, create something to park toward#

An envelope is just a goal you marked as planned spending, so create one before you can park:

1. Open Plan → Goals and select New Goal.
2. Choose Save Up and give it a name and a Target Amount.
3. Under What kind of money is this?, choose Planned spending.
4. Select Next, then Create Goal.

You'll see it appear as an envelope on Plan → Pay Yourself, at €0 parked.

Park an amount#

1. Open Plan → Pay Yourself.
2. Find the Parked & wealth card and select Park money.
3. Under For, choose the goal you're setting money aside for.
4. Enter the Amount.
5. Optionally set Where it sits to the account the money is actually in.
6. Select Park money.

You'll see the envelope's parked figure go up, the Parked now — reserved, not moved total rise by the same amount, and Wealth fall by it. No transaction appears in your ledger, because none happened.

Un-park with Release#

Plans change: the trip shrinks, or you need the money elsewhere.

1. Open Plan → Pay Yourself and select Park money.
2. Choose the envelope under For and enter the amount to take back.
3. Turn on Release instead (un-park).
4. Select Release.

You'll see the envelope shrink and Wealth rise by the same amount.

What counts as wealth#

Wealth is your liquid and investable money: current accounts, savings, cash and investment accounts. Deliberately excluded are property, vehicles and other physical assets — wealth here means money you're building, not what your house is notionally worth. Credit cards, loans and mortgages are also left out of this figure.

Parked totals are then subtracted, which is why the card reads Wealth — everything else you hold.

Buying the thing you parked for#

When the purchase finally happens, spend as normal and reduce the envelope by the same amount. The spending and the release cancel out, so your Keep Rate barely moves — your wealth genuinely didn't change, you converted earmarked money into the thing it was earmarked for. That's the whole mechanism, explained in How the Keep Rate works.

FAQ#

Do I need a separate savings account for each plan? No. That's the point — you can park money inside a normal account you already have.

Does parking show up in my transactions? No. It's an earmark, so there's nothing to appear in the ledger and nothing to reconcile against your bank.

Is "Where it sits" required? No. It records which account holds the parked money if you want that detail; No specific account is fine.

Can I park more than I have? Fyncora won't stop you, and the wealth residual will simply go lower. If parked money exceeds what you hold, the numbers are telling you your plans are bigger than your balances.

What's the difference between parking and a budget? A budget caps spending in a category over a period. An envelope reserves a stock of money for one future purchase, with no period at all.