How can AbbyBank’s PFM tool help me manage finances?
When you know where you are spending your money, you can take control and change your spending habits faster. AbbyBank’s Personal Financial Management (PFM) tool allows you to aggregate all your financial data into one big picture. You can create budgets, visualize your net worth, manage debt, create financial goals, track subscriptions and view trends, spending and cash flow insights. You can also view historical budgets and change projected income as your financial situation changes.
Can I set and manage a personal budget using the PFM tool?
Yes, AbbyBank customers that have our online banking or mobile banking app can create a customized personal budget using the PFM tools. The budgeting tool provides visualization of spending habits over time. It is then divided into categories allocated for each specific budget. You can create custom budget categories and adjust the amount allocated for the categories. You can also view historical budgets and change projected income as needed. Your budgets can be viewed as bubbles or as a traditional bar chart.
What type of other bank accounts can be included in the PFM tool?
AbbyBank’s PFM tool offers financial data aggregation to allow you to view all your accounts in one place. You can connect internal AbbyBank accounts like a checking account or savings account. You can also connect external accounts using other banking information from checking, savings, loans, credit cards, investments, cryptocurrency, as well as other assets and liabilities.