Managing your money with tech and tools

In some ways, managing your money has never been easier. But with all the technology and tools on offer, it can be difficult to know where to start. This guide can help you work out which tools might be best for you.

Mobile and online banking

There's no longer any need to go to a branch for most of your everyday banking. You can manage your money easily and safely with mobile banking – or apps – and online banking.

And tools like the HSBC Digital Secure Key give you extra protection when you log on.

With the HSBC UK Mobile Banking app and online banking, your accounts are always accessible. This means you can complete a range of tasks, such as viewing statements or recent transactions, and transfer money between your own accounts or to other accounts either in the UK or abroad.

Once you've downloaded the HSBC UK Mobile Banking app, you're automatically switched to paperless statements which you can access easily on your phone.

Another advantage of the app is that you can deposit a cheque by scanning the front and back of it on your phone, which means you don't have to make a trip to an HSBC branch.

For added security, you can now use biometrics to log on to your account. Choose from either Android Fingerprint or Apple Touch ID or Face ID, depending on the type of device you have.

And don't forget you can use the app to put a temporary block on your debit or credit card if it's lost or stolen - and unblock it again if it turns up.

Managing your money

Banking on a mobile app enables you to see your accounts at anytime from anywhere. This means you can always have a complete picture of your financial situation, which can help to make the right choices.

Explore more: How to make financial decisions you won't regret

Budgeting

One way to make managing your finances easier is to download a budget template, which will give you clear visibility of your income and regular outgoings.

There's one you can get for free from Citizens Advice. It's straightforward and printable.

You can also find lots of handy calculators on the Government's website, which you can use to help plan your finances. These include tools for working out what tax you might need to pay as well as what benefits you should be receiving and any tax credits you might qualify for.

You’ll also find calculators for student finance, working out child maintenance and for how much statutory redundancy pay you might be owed. 

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