Personal finance app Finch launches new spend tracking features

Alison Banney 12 December 2018 NEWS

Users can see how much they're spending on guilty pleasures like Uber Eats, and how they compare to others using the app.

Award-winning personal finance app Finch has launched a new feature called Finchsights that allows users to easily track how much they're spending on guilty pleasures like food delivery, coffee and happy hour. Finchsights is just one of many clever features offered by Finch, which launched in Australia in July last year.

Finch is like a finance app for your social life, bringing a fun and social element to your day-to-day money management. The app takes care of your financial admin for your social life by providing an easy way to split the bill with friends and send them payment requests for money they owe you. It also allows you to run tabs between groups and track shared expenses so you can all see who owes what.

Finchsights, launched today and gives users a greater level of visibility around where they're spending their money. The feature shows you how often you visit your favourite merchants, what your guilty spending pleasures are and how you compare to other Finch users. When you're aware of your guilty pleasures, for example regularly ordering via food delivery apps, you can set savings goals in the app to limit your spending on these things.

Founder of Finch Shahirah Gardner said the new features will help Australians manage how much they're spending on their guilty pleasures over the festive season. "This stage in life is all about friends, fun and adventure, but things can add up quickly especially, over Christmas. We've introduced Finchsights this Summer to help millennials track their 'fun money', from Christmas shopping to New Year's celebrations, and all the festivals, restaurants and road trips that follow.

"Finchsights is all about building your financial awareness around things that matter to you right now, in a way that's fun, relatable and easy to understand."

As well as the spend tracking data and insights, Finch has launched free bite-sized content pieces called Moneytalks to help educate users on all things finance.

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Image: Supplied.

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