Do you know how much you spend on groceries each month? What about petrol, or eating out, or bank charges? Do you know exactly how much debt you have, right down to the last cent? Or how much you have invested and saved? Nope, we didn’t think so. Few of us do, because keeping track of money is a chore.
Making budgeting easy
22seven wants to make it a breeze. It’s a local app that not only makes understanding exactly how much money you have easier, but also helps you make better money decisions.
Started by the same team who launched 20twenty, South Africa’s first online bank, 22seven lets you connect all of your bank accounts, credits and store cards, investments and debts to it so that it can point out behaviour and patterns – ooh, graphs! – and encourage you to be smarter about your money.
All your data in one place
Available for mobile devices or via the 22seven website, the service is completely free to use. The first step is connecting your accounts to it, and while this may seem like a scary thing to do, 22seven doesn’t get access to your actual accounts, but instead gets access to the data they generate. So it can’t access your online banking, but it ...