What is Money Management?

Written by:

Baylor Cox

Reviewed by:

• Kayla George

Money Management is a tool you can use to help you track your finances, create budgets, and set up savings goals. You can add your WeStreet accounts and any external accounts you have, to create a one-stop-shop for tracking your income, spending, and expenses.  

Where Can I Find Money Management? 

You can access Money Management from your mobile phone or desktop. From the mobile app, navigate to “More” and find “Money Management” under the “Additional Services” menu. Log in desktop Online Banking, find it in the navigation menu towards the top of the page and click on “Money Management.” 

No matter how you access it, you will be taken to an overview of your WeStreet account activity and the activity of any external accounts you have added. 

What Can Money Management Do? 

Money Management is a powerful tool that can help you manage your finances in a number of ways. 

Accounts  

You can add your WeStreet accounts and any external accounts you have to keep track of all of your finances in one convenient place. Not only other checking or savings accounts but also credit cards, auto loans, and more. This makes it easy to manage all of your finances in one place. 

Transactions 

Keep track of all transactions across your accounts. You can export transactions to keep record. 

Spending

View a breakdown of your spending by category.

Notifications 

Create custom notifications for your accounts to keep tabs on your finances. 

Debts 

Track your debts and create a payoff plan to help you pay off debt faster. Choose the payoff strategy that works best for you and view your pay-down schedule. 

Goals 

Create savings plans for your financial goals including saving for an emergency fund, paying off debt, or saving for retirement. 

Budgets

Create budgets to keep track of cash flows in and out of your accounts.

Cash Flow 

Track your past spending, predict future expenses, and plan ahead with projected spending estimates. 

Net Worth 

View your personal net worth by tracking your total assets and liabilities. Track any changes to your net worth month over month to help you make sense of your finances. 

Let Money Management work for you when you add all of your accounts in one place. This helps you see the full picture of your finances by making it easy to track spending, manage debt, and set goals.