Booster launches new automated budget building tool

Booster has launched a new budgeting tool, which instantly provides a snapshot of spending and income by automatically collecting and collating live transactional data from a user’s different banking providers.

The budgeting tool, available free to all Booster members, automatically sorts spending into categories allowing the user to track their expenses against income and compare their expenses to previous months via an easy to follow graphical user interface.

“Many people tell us they find managing their money difficult and time-consuming. Even the best of us can be broken by it. We wanted to create a simple and pain-free way to help people understand what they’re spending, set goals and then keep track of them,” Booster managing director Allan Yeo says.

“Our tool automatically tells you how much you are spending on what. Often that’s the hardest part; nobody enjoys wading through statements and bills to create a budget. By using your payment data and automating it, what once took hours is now done in seconds. From there, you can identify the changes you want to make and most importantly track how you are going.