The Trends feature, powered by MX, is a comprehensive Personal Finance Management (PFM) solution seamlessly integrated into Narmi Banking. The Trends page offers five dynamic sections dedicated to guiding your customers and members toward greater financial wellness:
Overview – Provides an instant snapshot of the customer's complete financial position, surfacing key insights immediately.
Spend – Automatically track, categorize, and analyze expenses to help users understand where every dollar goes and spend smarter.
Save (web-only) – Empower users to effortlessly build their financial cushion by setting aside funds.
Borrow (web-only) – Provide tools to help users strategize debt payoff and manage credit responsibly for a healthier financial profile.
Plan (web-only) – Let users define, track, and achieve major financial milestones, from saving for a down payment to planning for retirement.
New users may have few or no insights at first. As users connect more accounts, import historical transactions, and make transactions, more insights will generate.
Note: Notifications and Transaction Rules in Settings are not available at this time. Goals, Debts, and Net Worth are only available in the web app, not the mobile app.
Accessing Trends
Note: Depending on your institution’s configuration, the “Trends” feature may have a custom name.
Users access Trends from the Narmi Banking web or mobile app. On the web app, go to Tools > Trends.
On the mobile app, go to the More menu > Services > Trends.
Overview
Dashboard
The Trends page opens to the Money Dashboard, which consolidates various PFM insights into one page.
On the web app, users can easily navigate among the categories in the left sidebar.
On the mobile app, scroll vertically to navigate the dashboard, or select the hamburger menu to browse categories.
The Dashboard contains the following widgets:
Cash Flow – Helps users project how much cash they'll have until their next paycheck, based on their checking and savings accounts. Select View details to see a list of the projected income and expenses. To add a recurring transaction, select Manage > Add Expense and follow the on-screen instructions. Go to Recurring Transactions for details.
Spend vs Income – View a breakdown of spending habits over the current month. Go to Spending for details.
Recurring Transactions – View recurring transactions to help anticipate expenses and deposits. Go to Recurring Transactions for details.
Budgets – Define monthly budgets for numerous predefined categories or custom categories. Go to Budgets for details.
Spending Overview – Quickly view spending by month. Go to Trends for more information.
Link Accounts – Easily connect additional financial institutions to see their data in Trends. Go to Accounts for details.
Accounts – View all connected institutions. Go to Accounts for details.
Feedback – Provide feedback to MX to help improve the user experience.
Accounts
Select Accounts to view connected institutions, connect additional financial institutions, or hide/disconnect existing ones. Select Filter to filter by a specific account.
Connect an Institution
To connect a new institution and share all its accounts with Trends:
From Accounts, select Add.
Select your institution from the list or search for an institution by entering at least two characters in the Search box.
Follow the onscreen instructions to complete the connection.
Hide an Account or Disconnect an Institution
To disconnect an institution and stop sharing all its accounts with Trends:
From Accounts, select Manage.
For internal accounts, you can hide the account, but not disconnect it. Three options appear:
Show this account – Select the toggle to hide the account and select again to unhide the account
Merge duplicate accounts – Select to merge accounts that show up more than once in Trends
Mark as closed – Select to set the account’s balance to $0 and keep transaction history
For external accounts, you can disconnect. Select a connected institution and choose Disconnect this institution.
Optionally, select a reason for the disconnection and select Disconnect.
Transactions
Select Transactions to see a chronological list of transactions from all accounts over the past 30 days. Transactions are automatically categorized. Select the current month to change the date range, or select Filter to filter by a specific account. Search for a specific transaction by typing the date, payee, category, amount, account, memo, or tag in the search bar. Select Export CSV to automatically download a *.CSV file of the transactions shown.
Add a Transaction
Users can manually add transactions for manual accounts only. To add a transaction to a manual account:
From Transactions, select Add Transaction.
Select Add Manual Account.
In the side panel that appears, scroll to the bottom, select Add account manually, and follow the on-screen instructions to add the account.
Once a manual account is added, select Add Transaction and follow the on-screen instructions to add a transaction.
Spend
Budgets
Select Budgets to define monthly budgets for numerous predefined categories or custom categories.
When a user first opens Budgets, they have two options:
Auto-generate Budgets – Auto-generate a budget based on their average spending in each category over the last two months for which there is complete data. This feature works best if the user has first added all their accounts and accurately categorized their transactions.
Create My Own Budgets – Manually create a budget using the Add Budget feature. Scroll down for instructions on adding a budget.
Once a budget is created, the bubble chart tracks how much the user has spent compared to the budget allocated to that spending category. The color of each budget indicates whether the user is on track, nearing their budget limit, or over the limit:
Green = under 80%
Yellow = from 80–100%
Red = over 100%
Budget Categories are also shown, displaying the budget allocated and the amount spent. Toggle to different months by using the arrows next to the current month, or select Filter to filter by a specific account.
Add a Budget
To add a budget:
From Budgets, select Add Budget.
On the panel that appears, select a category.
Add the budget amount and select Save.
Recalculate Budgets
Recalculate budgets if they seem to be incorrect or to take advantage of automatically created budgets. Recalculation is based on the user’s last two months for which complete data is available. Users can review the recalculations before saving them.
To recalculate budgets:
From Budgets, select Add Budget.
In the side panel that appears, scroll past the categories and select Recalculate Budgets at the bottom.
Proposed recalculations appear. Review the recalculations, and select Save to proceed with the recalculation or Cancel to revert.
Recurring Transactions
Select Recurring Transactions to help anticipate expenses and deposits. Toggle to different months by using the arrows on the right, or select Filter to filter by a specific account. To add a recurring transaction, select Manage > Add Expense and follow the on-screen instructions.
Spending
Select Spending to view a breakdown of spending habits over a given timeframe. Timeframes are predefined or custom, based on the user’s preference. A pie chart shows totals for each category. Select a section of the chart to view how much money was spent for each category. Totals are rendered line by line to the right of the graph for easy viewing.
Select the current month to change the date range, or select Filter to filter by a specific account. Toggle between the Spending and Income tabs for the given timeframe.
Trends
Select Trends to view monthly spending by category for 3-month, 6-month, 9-month, and 1-year timeframes. Select Filter to filter by account and hover over the category on the graph for detailed spending breakouts. Select View Transactions to open a list of transactions.
Save (Web-Only)
Goals
From the web app, select Goals to plan and visualize financial goals. New users will need to add a goal by selecting Add Goals and following the on-screen instructions.
Goals need to be associated with a specific account. More than one savings goal can be set on the same account, but they need to be ranked in order of priority. Ranking can be manually adjusted. If a user has multiple goals on one account, the highest-priority goal will get all the funds. Goals automatically update as users put money into a savings account or pay off a debt.
Debt-type accounts (such as credit cards, loans, lines of credit, and mortgages) will automatically generate a debt goal. This is the only auto-generated goal type. Savings and retirement goals must be manually created.
Goals appear as tiles in order of projected payoff date (unless manually prioritized), with the earliest payoff at the top. Each tile shows:
Amount saved/paid vs goal amount/amount owed
Progress bar of completion
Projected payoff date
Borrow (Web-Only)
Debts
From the web app, select Debts to see all debts in one place and create an expedited payoff plan. A chart shows the expected debt balance over time, accounting for monthly payments. Select Filter to include or exclude accounts from debts. Debts can be sorted by Faster Payoff First, Highest Interest First, Lowest Balance First, or Highest Balance First. The priority, account, balance, APR, final payment date, and amount due are shown.
Individual Debts
Select an account for a more granular breakdown. See how much money is allocated towards the principal and interest, along with the expected balance after a payment is received. Select Details to see the starting balance and APR details.
Snowball Method
MX uses a feature called the Snowball Method. The Snowball Method helps users pay off multiple debts quickly by paying the same combined amount every month. When a user has paid off the highest-priority debt, that debt’s monthly payment is applied toward the next debt. The monthly total paid for all debts remains the same.
Plan (Web-Only)
Net Worth
From the web app, select Net Worth to view net worth over 6-month, 9-month, and 1-year timeframes. Select the Filter to choose which accounts to show. MXs pulls in all accounts, including credit cards. Credit card balances are subtracted from the user’s net worth if credit card accounts are selected in the chart.
Select a month on the right side to see how their net worth has changed. These months are driven by the timeframes at the top of the chart.
Settings
Select the cogwheel icon to open profile settings and update personal information, such as name, birthdate, ZIP Code, and credit score. Select the Help tab for detailed information and FAQs about Trends.
Note: Notifications and Transaction Rules are not available at this time.
