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Money Management
Money Management How-To Videos
Money Management by MX is a powerful digital money management solution that’s seamlessly integrated with NEFCUOnline to make it easy to track your budget, set goals, monitor transactions, and categorize your spending.
Forget about logging in to multiple accounts to view your finances. Now you can see all your accounts, balances, and transactions in one secure location. Best of all, Money Management is even accessible from the NEFCU Mobile App.
With Money Management, it’s easier than ever to take control of your finances, learn valuable insights, and make informed financial decisions. Log in today to get started!
Money Management How-To Video Library
Accounts
Your Direct Financial accounts will automatically be imported into the program, but you can also add retirement accounts, investments and any accounts you have outside of Direct Financial that you access online.
Budgets
Since not all budgets are created equal, using circles or “bubbles” to represent budgets allows you to quickly identify the ones that need the most attention based on color and size. Get started with an auto-generated budget based on your past spending habits.
Cash Flow
In addition to helping you understand your historical spending, Cash Flow can also predict your future spending. It allows you to easily identify and add recurring bills and payments. Cash Flow lets you add one-time or annual payments for items that may be considerable and require future planning, such as property tax.
Debt Management
See all your loans and debt in one place and learn techniques on how you can pay them off in less time and pay less in interest.
Goals
Set savings, debt payoff, or retirement goals and easily track how much you've saved for each goal.
Net Worth
Track and monitor the net sum of all your assets and liabilities. Drill down to see what makes up your gains and losses.
Spending
Visualize where your money is going, by category, so you can better understand your spending habits and stay on track. Click on a category to view spending by subcategory, and drill down to the transaction level if desired. Any category that is less than 3% of your overall spending will be represented in the “Other” category. Similarly, the same options are available for viewing your income sources.
Transactions
You’ll get a 360-degree view of all transactions from your internal and external accounts. Filter the view by account or date, as well as search for any keyword or amount. You can even add manual transactions and export your data to a .csv file.
Trends
The Trends tool is helpful for viewing spending trends over time. It displays up to 12 months of spending by category and compares it to your income (represented by the green line). This comparison can quickly help you determine where and when you may need to cut back.