Where is all your money going, really?
If the answer is a little fuzzy, you aren’t alone. That pursuit is a big reason Wilson Bank & Trust has introduced a new easy-to-use personal financial management tool called MoneyDesktop that’s free to WB&T online banking customers.
Launched earlier this month, MoneyDesktop gives users an attractive, comprehensive, device-friendly view of all their money (including non-WB&T accounts) in one place, providing account aggregation, expense tracking, budget creation, debt management and financial reporting in a format that’s simple to understand and easy to set up. The tool is made available through the bank’s online banking module and is easily accessible on mobile phones and tablets.
“Keeping up with family finances and creating household budgets are things we’d all like to do, but finding the time to keep your money organized is a major hurdle for many people,” CEO Randall Clemons said. “Automatically tracking and categorizing all your funds with a tool like MoneyDesktop can help overcome anxiety about how and where your money is really being spent.”
‘Bubble budgets’ are one of the unique features in the MoneyDesktop tool. Colorful interactive circles allow a user to see at a glance how much certain expenses relate to an overall budget, and shows which areas are close to being exceeded at any given moment.
The introduction of MoneyDesktop is one of several WB&T initiatives this year related to a special investment in technology for 2013. Others on the horizon include a new website, expanded online account opening services and mobile check deposits.
Wilson Bank & Trust (www.wilsonbank.com), a member of the FDIC and an Equal Housing Lender, is an independent, locally owned bank established in 1987 to provide personal and professional service in a hometown setting. One of the top banks in the South in stability, products, technology, growth and earnings, WB&T currently operates 25 full-service offices in seven Middle Tennessee counties, offering a full range of financial products that include secondary market mortgage loans and online banking services.