All You Need To Know About Expense Tracking For Effective Money Management
IDFC FIRST Bank
Do you often wonder where all your money went or why your income always falls short?
There’s one answer – expenses.
Your expenses might be draining your income.
IDFC FIRST Bank
This is why expense tracking is needed. It involves tracking your expenses to understand your spending habits so that you can be in charge of your money.
IDFC FIRST Bank
There are 2 types of expenses
Fixed
Variable
IDFC FIRST Bank
To track your expenses, you should note down every spending, however it might be tedious. An expense tracking app makes the job easier.
IDFC FIRST Bank
IDFC FIRST Bank’s account aggregator feature on its mobile banking app lets you have a consolidated view of your spends.
IDFC FIRST Bank
Expense tracking helps in identifying and trimming unnecessary expenses, budgeting your income and also to manage your debt effectively.
IDFC FIRST Bank
Use the IDFC FIRST Bank Mobile Banking app to connect your bank accounts, track your expenses, and get personalised insights.