Share the Season without breaking the bank!
Set spending targets with MoneyTracker!
Did you know that the average person spends more than $1,000 on holiday shopping? And that doesn't include travel, entertainment and all the other fun things the holidays entail.
That's why MoneyTracker from West Shore Bank wants to help you stay on top of your spending now, before it turns into a blizzard of bills in January.
It's easy to set spending targets with MoneyTracker. And once you have them, they can keep you grounded when the festivities get going in full swing.
Setting spending targets may be the best decision you’ll make all season! And we've made sure doing it is easy to set up.
There are other great features that MoneyTracker provides like monthly cash flow, spending patterns and the like.
But let's keep it simple. Set your spending targets before the holidays heat up. You'll be glad you did.
How to Set a Spending Target
Step 1: Select "Add A New Spending Target" on the budget dashboard within the MoneyTracker tab of your online banking portal.
Step 2: Indicate the tags or categories you would like to track (i.e., "Dining Out" "Fast Food" "Restaurant" "Coffee" "Lunch")
Step 3: Name the Spending Target (i.e. "Dining Out")
Step 4: Set your monthly limit. MoneyTracker will average the applied tags so you can set your budget according to your desired monthly spend and current average
Step 5: Click the "Add Spending Target" button to complete the process of adding a new budget
NOTE: Budgets will automatically reflect recent purchases based on the selected tags and will let you know when you're spending too heavily.