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 stuff the holidays entail. That's why Hiway 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 Money Tracker. And once you have them, they can keep you grounded when the festivities get going in earnest.
Setting spending targets may be the best decision you make all season! And we've made sure doing it is just as easy.
There are other great features that Money Tracker 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
With Money Tracker it's easy to set a spending target and see how well your spending goals match your spending habits.
- Log in and click the Money Tracker button.
- Click on the Budget tab and click the Add a New Spending Target button.
- Complete the fields to pick the tags you want to track for the target, name the target, set a monthly limit and track the accounts that will count towards the target.
Repeat for other spending categories — some of the most common expenses to track are groceries, transportation and dining out. Budgets will automatically reflect recent purchases based on the selected tags and will let you know when you're spending too heavily.