In some ways, managing your money has never been easier. But with all the technology and tools on offer, it can be difficult to know where to start.
This guide can help you work out which tools might be best for managing your money.
Mobile and online banking
There may also be other apps you can use to manage your money effectively, but you should always make sure they are secure. For example, tools like the HSBC Digital Secure Key give you extra protection when you log on.
If you’re an HSBC customer, you can use our mobile banking app to manage your money. You can complete a range of tasks, such as:
- view statements or recent transactions
- transfer money between your own accounts
- send money to other accounts either in the UK, or outside the UK
- view or cancel Direct Debits
- view, cancel and set up standing orders
- get notifications of transactions
- activate your debit or credit card
- apply for or manage your arranged overdraft
- deposit cheques
Once you've downloaded the HSBC UK Mobile Banking app, you'll be automatically switched to paperless statements which you can access on your phone.
For added security, you can also use biometrics to log on to your account. Choose from either Android Fingerprint or Apple Touch ID or Face ID, depending on the type of device you have.
And don't forget you can use the app to put a temporary block on your debit or credit card if it's lost or stolen - and unblock it again if it turns up. Find out more about the features that make digital banking secure.
Details about Digital Banking
A short video giving you some more information about Digital Banking
Managing your money
Banking on a mobile app lets you see your accounts at anytime from anywhere. This means you can always have a complete picture of your financial situation, which can help you stay on top of your money.
Some mobile banking apps allow you to set up transaction notifications. With ours, you can choose to be notified when money goes in or out of your current or savings accounts. You can also get notifications of when payments are made from your HSBC credit cards. Find out more about how to make good financial decisions.
You can also use tools like Balance After Bills on our mobile app. It shows you how much you could have left for the month ahead, once scheduled bills are taken into account, to help you manage your money.
How to budget your money
One way to help you manage your finances is to download a budget template. This can give you clear visibility of your income and regular outgoings. Citizens Advice has a printable budget template you could use, or you could create your own.
You can also find lots of handy calculators on the gov.uk website to help plan your finances. These include tools for working out what tax you might need to pay as well as what benefits you should be receiving and any tax credits you might qualify for.