Person tracking their money savings on phone.

How well do you know your spending habits? Extremely well? No clue? So-so?

A great way to get a handle on where your money is going is by evaluating your personal budget categories and monitoring them regularly. This might sound difficult, but modern technology has helped make budgeting easier than it used to be. (Remember Excel spreadsheet budgeting? Ugh!) Nowadays, make your bank’s online platform your first stop. Most major banks have simple budgeting tools available to you at no additional charge — by using them, you can keep a closer eye on your spending.

Here are a few other tips to create a savvier budget.

Establish major spending buckets

To get started, jot down your household’s primary personal budget categories (think mortgage/rent, insurance, car payments, utilities and food). Then, using your bank’s budget tool, name each category, link it to your checking account and set a spending threshold for each.

Once you’ve set this up, your bank can send you an alert by text or email as you approach that particular category’s spending limit. Pretty cool!

Create tags to specify household spending

Drill down even further into your spending categories by getting specific with your monthly spending buckets — it’s as easy as creating a custom tag. For example, you could create a “copay” or “pharmacy” tag in the larger “healthcare” category. Similarly, you could create tags like “gas” or “public transit” nested in the “travel” category.

These tags can then be used to present you with a real-time view of how much you’ve spent. Seeing your spending trends broken down like this can help you quickly skim each category and tag, giving you a sense of where you spend the most and where you don’t spend as much.

Use prepaid, reloadable debit cards

Inspired by Dave Ramsey’s envelope system, using reloadable debit cards can be safer than carrying fistfuls of cash. With prepaid debit cards, you load them up with a specific quantity and when you’ve exhausted the funds, it’s time to reload again.

For example, if you have a coffee budget of $25 a month, grab a prepaid debit card from any major retailer, drop $25 onto it, and then your budget is locked in. You can’t overspend if the money isn’t there to spend!

Incorporate savings, big and small

Creating a budget is one thing — sticking to it is an entirely different matter. Sometimes you need a little help, and that’s where coupons, cash back offers, promotions, sales and more come in.

Savings are savings, whether that’s $1 off from a cash back offer you activated from our app or from applying a promo code to an online purchase. Don’t underestimate how much you can save by quickly reviewing current offers before you swipe your card. The more you save on your purchases means you have more room in your budget to spend.

So, budgeting is smart, but saving whenever you can is even smarter.