mymoney is a service available through LCP Cloud and provided by your employer. mymoney aims to give you a complete picture of your finances including workplace benefits and pensions and if you decide to add more you can also view your personal savings, assets and debt in ONE place.
mymoney makes understanding and keeping track of your money both easy and safe.
We won’t try to convince you that managing your money is fun. Let’s face it we’d all rather be doing something else but wouldn’t it be nice to know that it’s all in one place, neatly organised and managed for you.
What’s more by seeing all your information together it can help you make better decisions and answer questions such as “Can I afford to buy my house?” or “Am I saving enough towards my retirement?” or “When can I retire?”
Budget more effectively
mymoney can track your income and spending on your credit cards and bank accounts. mymoney will automatically categorise each transaction so you can see how much you are spending each month on bills, your property or eating out, and how this is changing over time. You can also compare your spending to your income and see how much you can save over time.
All your investments in one place
From your bank account, mortgage, property, pensions, ISAs through to an extensive investment portfolio, mymoney makes it simple to understand how your investments are doing with daily valuations, share and fund prices.
Whether you are saving for a special event, planning for your retirement or managing a sophisticated portfolio of stock market investments, you can see at a glance how your investments are performing.
Store all your important documents next to the things they relate to
mymoney allows you to upload documents such as statements, policy documents or reports and link them to your financial things. For example, how useful would it be to have your home insurance policy stored next to your property, your car insurance next to your car, your latest pension statement next to your pension?
mymoney is a convenient, secure and simple way to always have all of your important information to hand. What’s more all this information is automatically backed-up for you so you can relax knowing where to find the information whenever and wherever you need it.
The mymoney app is available to all users of the mymoney service. If you dont already have access to your own mymoney account, why not tell your employer about it.
Click here for a list of Employers who already provide you access to mymoney to help manage your finances.