Keeping track of your money can be tricky. Bills, food, late night online shopping, IOUs, birthday presents - there’s so much to think about. That’s why we built several features into the Starling app to help you understand where and how your money comes and goes. Here, we run through some of these features.
An insight into your spending
The Spending Insights feature automatically categorises your transactions so you know how much you’ve spent on Groceries, Bills & Services or Entertainment. It also identifies the location of the merchant and works out the percentage of money going to each retailer and category. Spending Insights is a tool for all Starling customers - personal, business, joint and euro.
If you make a payment and the category isn’t quite right, you can change it. For example, you could move a transaction from ‘Shopping’ to ‘Gift’. In the Spending tab, select the transaction details for an individual merchant, then tap on the category label under the name of the merchant. You can also customise each transaction by adding a note or a photo of your receipt.
Having easy-to-understand categories, such as Eating Out or Pets, makes it simple to see what you’ve spent your money on. And knowing exactly where you’ve spent your money and on what helps you control your spending and stick to your budget.
You no longer have to estimate how much you’ve spent or fill in an excel spreadsheet - Spending Insights puts the full picture into the palm of your hand.