Money tracking (cashflow)

A budget helps you plan where you money should be going, but it’s also important to track where your money goes in reality. In financial terms, this is called 'cashflow'.

• How to track your money
• Using the Money tracker
• Next steps

How to track your money

You can use our Money tracker to see whether you are spending more than you earn pay-to pay or month-to-month. Or if you have money left over that can be put to good use.

Getting a handle on how your money comes in, and goes out, can really help you sort out your money.

Using the Money tracker

1. Get transactions from your bank
   Log in to your online banking, export transactions to your computer, then upload your transactions to the Money tracker. Or enter transactions manually from a recent bank statement.
2. Categorise your transactions
   Put your uploaded transactions into categories (e.g. Entertainment), then sub-categories (e.g. Entertainment>Movies) so you can see where your money goes. The more transactions you put into categories, the more accurate your summary will be.
3. See where your money goes
   View a summary of your transactions in graph and table format, to see at a glance how much you earned versus how much you spent, and where you spent your money.
4. Use your categorised transactions in a budget (optional)
   The categories in the Money tracker match the categories in our Budget calculator. So you can also use your transactions to help create or update a budget (a plan for your income and spending).

Next steps

1. Use our Money tracker to see where your money’s going.
2. Review your budget.
3. Check your goals.