Managing your finances well is key to achieving financial stability and avoiding unnecessary expenses. Good management not only helps in balancing income and expenses, but also allows us to better plan for the future. We can set aside a portion of our income for savings and investments. On the contrary, if you don't plan your finances as well as possible, it results in uncontrolled spending and eventually leads to serious financial problems in the future.

It is important for us to always monitor and organize our expenses properly by understanding good financial management by looking at the portion of our expenses that we use. This habit helps us to build a strong financial discipline so that it can build a strong foundation to achieve our financial stability in the future.

Expense Monitor feature in M2U ID App as your reliable Expense Tracker

No need to worry anymore about recording expenses, especially if you don't have time to monitor expenses because you are busy and don't have time. Maybank Indonesia through its mobile banking application, M2U ID App, provides 360 Digital Wealth , features, which can be used by you to monitor and manage expenses effectively.

In 360 Digital Wealth, there is a My Expense Monitor feature that functions to automatically display a summary of the Customer's spending / transaction activities at Maybank. Expenditure activities that will be displayed on the Expense Monitor display, such as Credit Card, Debit Card, QR Pay, transactions in M2U ID App (purchase, payment, transfer), and payment at Maybank ATM, will be tracked automatically. This feature also allows users to input additional expenses manually, outside of transactions made at Maybank. Spending Monitor will display a selection of spending history up to the previous 6 months. You can choose the display based on spending period with 1 month/3 months/6 months interval.

With this feature, apart from being able to monitor all transactions and view financial summaries within a certain period, you can also separate by category This feature will display expenses based on the following classifications; Recent, Category, Online, Merchant, and Country.

Here's how to view and manage expenses through 360 Digital Wealth via M2U ID App:

1. Click on the "View Expenses" icon.

2. View total expenses in the last 1 month, 3 months or 6 months. View recent expenses or by classification; recent, category, online, merchant or country.

1. View by month
2. Organize expenses by category
3. For a list of categories you can use:
   1. Automotive
   2. Education
   3. Electronic
   4. Financial Services
   5. Food & Beverage
   6. Health & Beauty
   7. House & Property
   8. Leisure & Sports
   9. Medical
   10. Others
   11. Services
   12. Shopping
   13. Telecommunications
   14. Transportation
   15. Travel
   16. Utilities
4. Add other expenses
3. Expense transactions recorded are payment/purchase transactions using Maybank Debit Card/Credit Card, Maybank QR Pay, and other payment/purchase transactions through M2U ID App.
   To add other transactions outside Maybank, click "Add Expenses".
   Complete information on how to view and create expense categories can be found on this page.

The various features offered by 360 Digital Wealth via M2U ID App are very useful in helping you manage your finances better. You can keep track of your expenses, manage your budget and keep your finances under control. So what are you waiting for? Let's download M2U ID and utilize the 360 Digital Wealth feature on M2U ID App now!