All You Need To Know About Expense Tracking For Effective Money Management​

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.

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.

There are 2 types of expenses

Fixed

Variable

To track your expenses, you should note down every spending, however it might be tedious. An expense tracking app makes the job easier.

Metra Trust’s account aggregator feature on its mobile banking app lets you have a consolidated view of your spends.

Expense tracking helps in identifying and trimming unnecessary expenses, budgeting your income and also to manage your debt effectively.

Use the Metra Trust Mobile Banking app to connect your bank accounts, track your expenses, and get personalised insights.