Master your money with minimal effort

3 min reading

People who say they never think about money are probably – almost definitely – lying. Most of us think about it most of the time. We are twice as likely to worry about money that we are family and health, according to the stats. Unfortunately, this doesn’t seem to convert to people actively looking at their accounts.
We know from research that simply paying more attention to your bank account can change spending and saving patterns for the better, helping avoid unnecessary charges and fees.
Your bank account is the key ingredient in all this.
As the world moves forward, there are more and more innovative ways to allow you to track your money in more ways, and more effectively, than ever before. Fineco has a range of clever features that help you avoid paying money you shouldn’t have to. It can transform the way you manage your money, stick to a budget, and handle your investment decisions.

Here are five ways we help you to take charge and stay on top of your money.

1.Keep track of different kinds of spending

Whenever you buy something with Fineco this will be tagged and sorted into different types of spend (which you can personalise) – e.g. ‘groceries’ or ‘clothes’. From your phone, you can then look back over the month to see how much you’ve spent on each.
The same applies for what comes into your account too, so you can track what you spend from payday to payday.
Anything left over that month can be invested directly from your account, with zero hassle.

2.Set a monthly budget

3.Manage your card spending limits in real time

At the tap of a button on your phone, you can increase your card’s limit right there and then. If you need to, you can withdraw up to £5,000 at a time, or big ticket purchases of up to £10,000. If your card goes missing you can freeze your card instantly, and unfreeze it if it turns out to be a false alarm.

4.Avoid unnecessary fees when sending money around the world

If you’re a traveller, trader or investor, life’s opportunities lie all over the world. To make the most of these, you need a bank that isn’t limited by borders. With a Fineco account you can transfer money to 250 destinations in 20 different currencies. It can also hold GBP, EUR, UED and CHF in one account with no monthly fees. Conversion is made at the true exchange rate, zero admin, conversion or transfer fees.
If you find yourself frequently in Europe, a separate EUR card can be arranged, where there are no currency conversion fees when paying and withdrawing in Euros.

5.Pounce on investment opportunities cheaply and swiftly

Having all your money in the same place means that when you see a good opportunity, you can act on it there and then. There’s no waiting around for a transfer to come through, and investments start from just £3.95 flat fee per order.
Through your account you have access to thousands of stocks, ETFs and bonds across 26 international stock markets, as well as the most used trading platform in Europe. You can invest directly in local currencies, and create your own ETF portfolio from a vast range of ETFs and ETCs. Fineco also has one of the largest security and bond offerings available.