UK-based Lloyds TSB bank has launched a new personal finance
management (PFM) tool, Money Manager, for its online banking
customers.
The launch of Money Manager comes less than two weeks after
Money Dashboard launched the first UK-based PFM
tool on 19 January.
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The Money Manager enables customers to categorise their expenses
– such as household expenses, clothes, entertainment and restaurant
visits – and view their spending history for the past two
years.
The PFM tool also features a calendar that dates regular
expenses such as direct debits.
Lloyds TSB said that its Money Manager tool will play an
increasingly important role for its online customers in the
future.
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