Skip the Spreadsheets: Find a Bank account that helps you budget

Personal CheckingView Blog

MicrosoftTeams-image (181).jpg

By nbkc bank

How could a bank account be the best online budget tool, you ask? It’s all about the built-in tools.

Budgeting plays such a crucial role in crushing financial goals, you don’t want to make it any more complex than it needs to be. Spreadsheets, budgeting journals and online budget tools are perfectly good methods if they work for you, but like most things — if they’re out of sight, they’re more likely to be out of mind.

If you’ve been struggling to get in the groove of budgeting, let’s take a look at the benefits of using a bank account that does more than just store your money.

3 Ways to budget with a bank account

Budgeting is like tying your shoes. Maybe you start with rabbit ears or sing a little song as you go — whatever gets you there is all that matters, really.

Here are a few of our favorite ways to budget with built-in tools:

  • Give your money purpose

    By stowing away your money in dedicated spaces (i.e., Groceries, Gas, etc.), and keeping your checking balance low, you won’t be tempted to spend without purpose. Take the nbkc Everything Account, for example. The Savings Goals feature allows users to create multiple goals of any size to organize their money how they like. With the help of our banking app, they can make changes to their goals on the go.

  • Set up automatic transfers

    Once you’ve sorted out how much money goes where, it’s time to automate the process. Many banks include the option to set up automatic bill payments, taking away some of that deadline stress. With automatic transfers, you can set up recurring transfers into multiple savings goals, making it even easier to take the lead with your finances.

  • Stay proactive

    Tips one and two will put you on the right track, but remaining engaged in your financial status will keep you there. Imagine having a birds eye view of all your accounts — we’re talking credit card balances, home loans, and retirement accounts. With nbkc’s Financial Snapshot, you get just that. When you’re in control of your spending, you set yourself up for success in reaching your goals.

Get to know the nbkc Everything Account

We’ve already mentioned it, but let us properly introduce you to the nbkc Everything Account. Simple yet savvy, this is our do-it-all personal checking account that’s loaded with built-in tools.

Savings Goals

Think of these as individual savings buckets. You can keep an eye on recurring budgets, like household necessities and streaming services, while watching your long-term goals grow at a competitive interest rate.

Automated features

Our autopay feature for bills makes it to where you never have to worry about missing a payment again. You set the reminders, we handle the rest.

Financial Snapshot

If you’ve ever thought about how convenient it would be to have a bird’s eye view of your finances in one place, then you’ll love the Financial Snapshot feature. Not only can you track all of your nbkc activity, but you can keep an eye on your credit cards, loans, investments, and more.

How can users get the most out of their nbkc Everything Account?

Not to play favorites, but we love this question.

If there’s only one thing you do in your nbkc Everything Account, we encourage you to set up your Savings Goals. When you take the time to evaluate your necessary, monthly spending, you can easily turn around and prioritize the remainder of your income.

Now, pair the Financial Snapshot feature with your Savings Goals, and you’ve got a holistic look at your financial habits. Where do you do most of your spending? Are there areas you can trim down? What’s your current net worth? Basically, these two features can help you help yourself.

Not only do these features make it easier to track your progress, but using them in conjunction with one another can set you up for achieving financial independence.

What are some of the nbkc Everything Account’s additional features?

Not only do you get some sweet built-in budgeting tools with the nbkc Everything Account, you also get a handful of other convenient features.

  • Need cash in a pinch but don’t want to pay those pesky ATM fees? We’ve got you covered. You can find thousands of in-network ATMs across the country, but on the off chance you don’t have one near you, we’ll cover up to $12 in ATM fees per month.
  • Spending Goals need to be updated on the go? You got it. With 24/7 mobile banking access, you can make changes anytime, anywhere.
  • Worried about maintaining a minimum balance? Don’t sweat it. There are no minimums required here.

See what our customers have to say about the nbkc Everything Account

We’ve got plenty of good things to say about the Everything Account, but you don’t have to just take our word for it–you can take theirs too.

Everything is straightforward. I can open up 'mini accounts' to keep track of my goals.
I like the UI on the app. Especially the ease of opening a savings account, especially for different savings goals.
I like the pockets for saving.

Ready for an account that does more?

We’re all about helping people feel more in control of their finances. If you’ve been on the hunt for a checking account that helps you spend, track, and save more efficiently, look no further than the nbkc Everything Account.

Opening an nbkc Everything Account is easy as can be, and our team is here to help you every step of the way. Learn everything there is to learn about the Everything Account or open one today.