Definition
Managing your money through online services or mobile apps. It makes everyday banking more convenient and accessible.
What to consider
- Take advantage of mobile apps to manage your money on the go.
- Set up notifications so you’re always in the loop.
- Keep your login information secure to protect your data.
Real world scenarios
- Maria checks her account balance and pays her electricity bill while commuting, using her bank’s mobile app.
- Charles sets up text alerts for low balances, preventing overdrafts and saving him from unexpected fees.
- Adopting digital banking helps Elise track spending habits daily, significantly cutting impulse buys.
Related terms
Related Playbooks
Get instant access to all our expert playbooks and 1-1 financial coaching when you join the Bolder Money community. Learn more here.
Budgeting & Spending
Creating Your First Spending Plan: A Step-by-Step Guide
Budgeting & Spending
Healthy Online Shopping Habits Blueprint
Budgeting & Spending
Healthy Food Spending Habits Guide
Budgeting & Spending
Smart Gift-Giving Strategy Guide
Budgeting & Spending
Smart Strategies for Cutting Back Expenses
Budgeting & Spending
Zero-Based Budgeting: Your Guide to Intentional Spending Success
