Did you know that the average person spends more than $1,000 on holiday shopping? And that doesn't include travel, entertainment and all the other fun stuff the holidays entail.
It's easy to set spending targets with mPower. And once you have them, they can keep you grounded when the festivities get going in earnest. Setting spending targets may be the best decision you make all season! And we've made sure doing it is just as easy.
There are other great features that mPower provides like monthly cash flow, spending patterns and the like. But let's keep it simple. Set your spending targets before the holidays heat up. You'll be glad you did.
Select "Add A New Spending Target" on the budget dashboard
Indicate the tags or categories you would like to track (e.g., "Dining Out" "Fast Food" "Restaurant" "Coffee" "Lunch")
Name the Spending Target (e.g., "Dining Out")
Set your monthly limit. mPower will average the applied tags so you can set your budget according to your desired monthly spend and current average
Click the "Add Spending Target" button to complete the process of adding a new budget
NOTE: Budgets will automatically reflect recent purchases based on the selected tags and will let you know when you're spending too heavily.