Online Account Budgeting Tool?!

matt.86

Hi all.

Just wondering if anyone knows of any bank accounts (current) that allow its users to directly budget their money within their account?

for example... if I am saving up to go on holiday I'd like to set a portion of my balance aside in my account and label it 'Holiday' instead of opening up multiple online accounts with the same bank and viewing them all online.

Any ideas?!

Does this even exist? If not WHY not?!

Thanks

Matt

tellmeitsfriday

There are several savings accounts that allow multiple pots to be created and labelled - Principality, ING Direct, Barclays for example.

I don't know of any Current Accounts which do the same, but if you're saving for something like a holiday, then it'd be better off away from your day to day money in a savings account anyway?

Some pay decent interest, some don't.

matt.86

Just asked a friend and aparently Lloyds TSB have a new tool that does a similar thing

Yorkie1

I think the Lloyds TSB Money Management tool analyses what you've spent your money on, unless you're thinking of something else.

Baldur

Yorkie1 wrote: »

I think the Lloyds TSB Money Management tool analyses what you've spent your money on, unless you're thinking of something else.

See http://www.lloydstsb.com/internet_banking/money_manager.asp