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Penny was created by a company called TheresAIForThat, which launched it on November 2, 2023. The founder of Penny and additional company details are not available in the provided documents..
To use Penny, follow these step-by-step instructions:
Navigate to the Penny Tool: Access Penny by visiting the designated website or platform where the tool is available.
Create an Account: Sign up for an account on Penny by providing the required information such as email, username, and password.
Explore Dashboard: Upon logging in, familiarize yourself with the dashboard layout which may include tabs for transactions, budgeting, and settings.
Add Transactions: Start by entering your transactions manually or importing them from your bank account to track your spending accurately.
Set Budgets: Define your budget limits for various categories like groceries, entertainment, or utilities to manage your finances effectively.
Analyze Spending: Utilize the tool to analyze your spending patterns through visual representations like graphs or charts for better financial awareness.
Get Alerts & Reminders: Take advantage of alert features that notify you of upcoming bills, low balances, or exceeding budget limits.
Sync Accounts (Optional): For automatic updates, consider syncing your bank accounts with Penny to streamline transaction tracking.
Review Reports: Regularly review reports generated by Penny to gain insights into your financial habits and make informed decisions.
Adjust Settings: Customize the tool according to your preferences by tweaking display options, currency settings, and notification preferences.
By following these steps, you can effectively use Penny to organize your finances and enhance your financial management skills.
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