Have you ever struggled with where to start when putting together a budget? Or gotten to the end of the month and wondered where your money went? New tools from Regions can help you build your budget and reach your financial goals.
My GreenInsights, the Personal Financial Management (PFM) tool that allows Regions customers to create and track budgets, set financial goals and aggregate external accounts, is adding enhancements that will allow customers to have a clearer view of their transactions and better budgeting capabilities.
“We want to use these new tools to show customers that we understand them, can guide them, and make it easy for them to save, reduce debt, and plan for that unexpected expense,” says Andy Hernandez, Chief Digital Officer.
With the enhanced budgeting tool, customers can now choose to set up their budget from scratch or they can allow My GreenInsights to auto generate a budget based on their average monthly spending over the last two months.
Budgets can be adjusted as customers plan for goals and expenses.
Once the budget is established, better visualization for accounts shows customers just where their money is going. Using colorful bubble graphs, the budgeting tool shows which items represent the largest portions of their budget and uses green, yellow, and red to represent which items are within budget, where they are getting close to their budget, and areas where they have exceeded their budget.
Also included in this upgrade is the ability for customers to access more external financial institutions that can be aggregated within My GreenInsights.
The new tools are available now and videos to help customers get started can be found here.
Customers who have previously used My GreenInsights for budgeting, goals, cashflow calendar or have aggregated external accounts will need to re-establish their settings beginning Dec. 14. For more information, visit the My GreenInsights Upgrade Tips