Buzz
Each day, I get a text message with my checking account balance. I’ve found this helpful in keeping track of my spending habits, which I’m actively trying to improve, and it also helps me stay informed about how much money I have at all times. It’s a small step that keeps me focused on my bigger financial objectives.
You can set this up through an app like Digit (which charges $2.99 monthly), or by adjusting the settings in your bank account (just log in and check which text/email notifications are available). Typically, you can choose to receive text, email, or push notifications.
If you frequently use a credit card, the balance you see might not be your true balance (though services like Debitize can help manage that). However, you can set up alerts for spending above a specific amount on your credit card (I’ve set mine at $50). This not only helps you monitor your spending but also serves as a useful security measure in case your card is stolen.
Depending on your bank, you may be able to handle additional financial tasks through text messages:
Review your transaction history
Transfer funds between your accounts
Locate nearby ATMs and bank branches
Check when your credit card payment is due (or set alerts as the due date approaches)
A quick caution: Never respond to text messages claiming there’s an issue with your account or asking for your ATM card to be reactivated, as these are likely phishing scams. You should never provide sensitive information like your SSN or checking account details via text.
I’ve mentioned this simple hack before, but it’s genuinely been a game-changer for my finances. I no longer have the option to ignore my account balance or avoid checking it (which was my habit before—only looking when my credit card bill was due or payday arrived...not the best strategy). Is it sometimes stressful? Absolutely. But for me, knowing more is always better, and it keeps me accountable to my goals. Of all the alerts constantly pinging on my phone, this is by far the most valuable.
