One of the things BetterMoney can really help you with is creating a realistic budget. It uses your previous spending as a guide, but you can change the budget to suit you. BetterMoney then compares your actual spending against your budget. You can log-in when it suits you and see how you’re tracking. Once you know where your money is going, you can see where you might adjust your spending to help reach your goals.
If you haven’t already, it's super-easy to set up budgets and track against targets. BetterMoney will automatically work out what you’ve spent your money on over the last few months so you can use that as a guide and target what you want to spend or save next month. No spreadsheets required!
In less than 2 minutes you can see how to set up your personal budget.
For your budget to be more accurate, you need to make sure BetterMoney puts your spending in the right categories like groceries, bills etc. It’s easy to do this.
View our video below on how to manage your spending categories.
(You can also see our handy user guide for more information on BetterMoney features.)