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Andrew Fisher

๐Ÿ‘ค Speaker
159 total appearances

Appearances Over Time

Podcast Appearances

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

Let's just now focus on what's next.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

That would have put a look of shock through your face, I imagine, if we captured that.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

Right, so when we set up the bank feeds, some categories are automatically created.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

So in this area, we've got an eating out and an alcohol category.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

Now,

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

the way the categories or the transactions are automatically categorized, you kind of end up with Uber Eats in the eating out category or a pub meal in the alcohol category, which sort of doesn't really tell the true story of that spend, right?

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

So what we did was to create some additional categories.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

So eating and drinking out,

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

alcohol retail, coffee and cafes, food delivery, takeaway, fast food, right?

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

And so we then created dashboards where we were able to look at the spend in each of those categories to get a clearer picture of where the money was being spent in each of those areas.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

You could, yeah.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

I think, yeah, most people have a particular area that they want to focus in.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

Another one that's pretty common is streaming subscriptions.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

Yes.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

Because, you know, often things get turned on and, you know, they'll... Yeah, you do your seven-day trial and... You hand in your credit card details and so, you know, so that is definitely an area that people want to have a look at.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

So...

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

You know, there are some dashboards in there that, you know, some of the delivered dashboards that have quite a lot of different widgets on there.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

Whereas what I like to do is to sort of create a separate dashboard that's focused on that particular area.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

So there's a point that a single place that people can go to and check in.

Australian Finance Podcast
How to stop being a hot money mess: Using data to fix your finances

what their spend is looking like.