US Patent 11748821 Systems and methods for managing and reducing spending

In one embodiment, one or more non-transitory, computer-readable mediums store computer instructions that, when executed by a processor, cause the processor to receive a selection of at least one spend category out of a number of spend categories to track and a target spend amount for a timeframe, track one or more transactions associated with the selected at least one spend category by filtering the one or more transactions into respective bins based on merchant category codes assigned to the one or more transactions during the timeframe, and perform one or more actions based on an actual amount spent relative to the target spend amount for the timeframe.