Level Money automatically updates spendable cash as you make purchases each day, providing a simple, real-time picture of how you're doing in order to stay in the black. Draw a straight line from everyday decisions to larger achievements and accomplish the things that matter. The top US banks support connections to Level and the list is expanding all the time!
Level Money aims to be sort of a digital “money meter” that you can peek at and see exactly how much cash you have to spend without crossing into the negative. It connects with all your spending accounts, including your credit cards and your main bank account through your debit card. This is done through a partnership with Intuit, which handles much of the sensitive bank information.
Level links up with your bank account(s) to deliver real-time metrics on your spending, savings and general financial standing. It's not about sticking all your purchases in categories, such as ‘travel' and ‘groceries'. There are other services for that. Level automatically analyses and calculates a user's total income, recurring bills and recommended savings each month. Based on this, it delivers the spendable balance broken down by day, week and month. And every time a transaction is complete, these numbers are updated accordingly.
You can monitor transactions, create a plan to save money, or tweak the budget that Level automatically provides. And if you happen to overspend, Level doesn't treat it like the next financial apocalypse, it just gently reminds you that you had a little too much fun.