Track your Spending with your Bank

ccya965041 wrote: ↑ Some banks may come with a feature that you can link different bank accounts into 1 place so you can see everything in 1 place, while most of the time the service is not powered by the bank itself, it is a tool from a 3rd party.

Just wondering, how many people here use this feature with your bank? (Similar to Mint, KOHO, etc.) If you don't use it, what's the reason?

TORONTO, Sept. 2, 2020 /CNW/ - TD Bank Group (TD) today announced a new data-access agreement with Intuit, maker of TurboTax, QuickBooks and Mint, which lays the groundwork for customers to request that TD transfers their financial data for services they want to use, including personal financial management apps supported by Intuit.

The North American agreement signifies alignment between TD and Intuit about protocols to be followed by Intuit when accessing financial data of a TD customer to support the customer's request to use financial services supported by Intuit. At the customer's request, TD will transfer the customer's financial data to Intuit through a technology known as Application Programming Interfaces (APIs) that may eventually eliminate the need for customers to share their banking login ID or password in order to access third-party financial products and services.

Scote64 wrote: ↑ It could be helpful to some, but there are two things wrong with it:

1. They offer this service so they can harvest your personal spending information.

2. You are explicitly warned in all your online banking agreements that they will not cover you for fraud if you share your login information with anyone.

Scote64 wrote: ↑It could be helpful to some, but there are two things wrong with it:

1. They offer this service so they can harvest your personal spending information.

2. You are explicitly warned in all your online banking agreements that they will not cover you for fraud if you share your login information with anyone.

callernamet wrote: ↑ Yes seen people use mint software or something like that app for this. Banks used to oppose using bank password for such software. Also Not sure why banks will have feature to link other bank account.

But did not know TD is doing this for US.
https://www.newswire.ca/news-releases/t ... 01146.html

wally_walrus wrote: ↑ Some banks (Tang is one) strongly “encourage” (read “nag”) you to categorize spending they can’t figure out on their own. They try to brainwash people into thinking it’s good for them to have all this neatly summarized, when in fact it’s a gold mine for them and their marketers

ccya965041 wrote: ↑ Some banks may come with a feature that you can link different bank accounts into 1 place so you can see everything in 1 place, while most of the time the service is not powered by the bank itself, it is a tool from a 3rd party.

Just wondering, how many people here use this feature with your bank? (Similar to Mint, KOHO, etc.) If you don't use it, what's the reason?

ml88888888 wrote: ↑ Just use your own Excel spreadsheet to keep track.

ccya965041 wrote: ↑ ...
Tangerine is kind of a unique setup that you can tell them what category if they cannot identify it at the first place, sometimes they cannot identify a mum and pop restaurant, or a small store.

M-e-X-x wrote: ↑ This.

I migrated 15 years of my own excel data into this tracking sheet. Great to visualize.

https://themeasureofaplan.com/budget-tracking-tool/