How Can Penny Help Me Understand My Spending?

Understanding where your money goes is one of the best ways to improve your finances.

Penny analyses your transactions across your Yeeld GBP Account and connected accounts, giving you personalised insights into your spending habits in seconds.

Whether you're curious about where your money went last month or want to identify areas where you could save more, Penny is ready to help.

See Where Your Money Goes

Penny automatically categorises your transactions, allowing you to see how your money is being spent across different areas of your life.

Common categories include:

• Groceries.
• Eating out.
• Shopping.
• Entertainment.
• Travel.
• Bills.
• Transport.
• Health and fitness.
• And many more.

This makes it easy to understand your spending without manually reviewing every transaction.

Ask Questions Naturally

You don't need to search through statements or reports.

Simply ask Penny questions like:

• "How much did I spend on groceries last month?"
• "What was my biggest purchase this year?"
• "How much have I spent on takeaways recently?"
• "Which category increased the most this month?"
• "How much did I spend while on holiday?"

Penny will analyse your transactions and provide a clear answer.

Visualise Your Spending

Sometimes it's easier to see your finances than read about them.

Penny can present your spending using visual summaries such as:

• Pie charts showing how your spending is divided across categories.
• Bar charts comparing spending between weeks or months.
• Line graphs showing how your spending changes over time.
• Trend summaries highlighting increases or decreases in particular categories.

These visual insights help you quickly spot patterns that may otherwise go unnoticed.

Spot Spending Trends

Penny continuously looks for meaningful patterns in your finances.

For example, she may highlight that you are:

• Spending more on eating out than usual.
• Paying for subscriptions you rarely use.
• Increasing your discretionary spending.
• Spending less than previous months.
• Saving more consistently than before.

These insights help you understand not just what you've spent, but how your habits are changing over time.

Identify Opportunities to Save

Penny doesn't just explain your spending—she helps you improve it.

She can highlight areas where you may be able to reduce unnecessary spending and build healthier financial habits.

The aim isn't to judge your spending, but to provide useful information that helps you make informed decisions.

Compare Your Spending

Where available, Penny can benchmark your spending against anonymised data from over one million users.

This allows you to compare your spending with people who have a similar:

• Age.
• Salary.
• Location.
• Lifestyle.

These comparisons provide valuable context while always protecting individual privacy.

See Everything Together

If you've connected multiple accounts to Yeeld, Penny analyses your spending across all of them.

Instead of checking several different banking apps, you receive one complete picture of your finances in a single conversation.

In Summary

Penny helps you understand your spending by:

• Categorising your transactions automatically.
• Answering questions in natural language.
• Showing visual charts and graphs.
• Identifying spending trends.
• Highlighting opportunities to save.
• Comparing your spending with similar users.
• Bringing together spending from your Yeeld and connected accounts.

With Penny, understanding your finances becomes quicker, clearer and far more useful than simply looking through transaction lists.