What are the benefits of tracking recurring payments?

Tracking spending, especially recurring spending, can influence people to better manage their finances. Banks and credit unions have the unique opportunity in this arena to help their customers achieve financial health.

And they should.

We’ll cover why people should track their recurring payments. Then, we’ll discuss why your financial institution should help them.

Recurring Payments Add Up

The state of the American economy isn’t as rosy for blue collar workers as it is for the investing class. In fact, most Americans have less than $1,000 in savings.

 

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