About

Why I built Palta

I work in FP&A, financial planning and analysis. My job is building the bridges and forecasts that explain why numbers move: why this quarter is different from the last one, which few things drove the change, and what next year looks like if the business makes a particular call.

Companies take that view for granted. Households almost never get it. Most people can see a bank balance, but not why it is higher or lower than last year, or what a new mortgage, a pay rise, or a second child does to the next ten years.

Palta brings that thinking to UK households. You enter your income, living costs, home, loans, and savings once. Palta shows your position today, a net-worth bridge that explains what will move it over the next 12 months, and a forecast you can change as decisions come up.

Jorge, founder

What Palta does

• Where you stand. Net worth, cash, and monthly surplus from one household plan.
• Why it's changing. A bridge that splits the change in your net worth into income, spending, interest, investment growth, and property.
• What a big decision does. Change a salary, a mortgage, a loan, or a cost in your plan and see your cash and net-worth path move.

Household Plan is an invite-only beta for friends and family while it matures.

How it is built

• Assumptions in the open. Tax year, nation, and plan horizon sit in the plan's assumptions. Rates and growth sit on each item. You can change all of them.
• UK rules. England, Northern Ireland, Scotland, and Wales where the rules differ.
• Plain about your data. Household plans are stored on our servers so you can use them on any device. They are not end-to-end encrypted. See privacy.

Important

Palta Money is for education and planning only. It is not regulated financial advice, and we do not recommend specific products or lenders. Tax rules and rates change; always confirm figures with official sources or a qualified adviser before you commit. See the terms.

Palta Money is operated by Palta Tech Ltd, company number SC717396.