Nedbank has launched a free online financial tracking tool MoneyTracker for its retail and business clients.
The tool, launched in July, is available on the Nedbank Money app and Nedbank’s online banking portal.
Users can configure the MoneyTracker dashboard to track their personal, family, work, and other finances, including income and expenses.
These dashboards allow you to select the accounts you want to track.
“Once your money in and out transactions are categorized this way, the real magic of MoneyTracker is revealed,” said Lance Vuma, head of segment design and development for professional banking and small businesses at Nedbank, in a statement.
“The tool then creates a dynamic income statement view for each of your dashboards, putting detailed financial information about your household or business at your fingertips, and making it easier than ever to set achievable budgets for each expense category, allowing you to manage your money over time with care.
If you use the service for your business, MoneyTracker also offers invoice creation and management.
How to access Nedbank MoneyTracker
To access the tool on the Nedbank Money application, log into your banking profile and select the “More” tab. You will then see the MoneyTracker option in the menu.
To access it on Nedbank’s online banking portal, you will also first need to log into your account. At the top of your screen, next to Settings, you will see the MoneyTracker tool.
You can learn more about the tool on the MoneyTracker website.
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Featured Image: Nedbank