# BudgetSmart AI adds a Christmas gift budget tracker that counts purchases automatically

*Set one holiday spending total, add a limit per person, and let gift purchases appear automatically from your linked bank and credit-card accounts.*

Published 2026-10-27 by BudgetSmart AI via LivePublicator.
Source: https://livepublicator.com/news/budgetsmart/budgetsmart-ai-launches-christmas-gift-budget-tracker-on

**In one sentence:** Smart Christmas shopping. Zero January surprises.

BudgetSmart AI is releasing a Christmas gift budget tracker on November 12. The Toronto, Ontario company builds an AI-powered personal finance platform that connects to users' bank accounts. The new tracker is built around the way people shop for the holidays.

Setting it up takes two steps. You set one total you are willing to spend on the season, then add the people on your list with a spending limit for each. After that, there is no manual entry. Because BudgetSmart is already connected to the user's bank and credit-card accounts, gift purchases show up on their own. The tracker recognises an Amazon order, a Best Buy charge or an Etsy checkout, and lets you assign the purchase to a person with one tap. When the pattern is obvious, it makes the assignment for you. The tracker keeps a running total against the season budget and the per-person limits.

The tracker joins the tools already in the BudgetSmart AI platform, which categorizes spending, flags unused subscriptions, price increases, duplicate charges and bank fees, scans receipts and matches them to bank transactions, forecasts cash flow 90 days ahead, and answers money questions through an AI money coach named Franklyn. The platform connects through MX, Finicity and Plaid to more than 16,000 banks across Canada and the United States, and the company states that a user's bank login is never received or stored by BudgetSmart. Data is protected with 256-bit AES encryption and multi-factor authentication, a SOC 2 audit is in progress, and the company says it does not sell user data. The website reports more than 50,000 budgets created, over $2 million tracked monthly, more than 1 million receipts scanned and an average rating of 4.9 stars. Plans start at $5.58 per month, and new users can start a 14-day free trial with full access to every AI feature and cancel at any time.

The tracker will be available in the BudgetSmart AI app at https://budgetsmart.io. Questions can go to support@budgetsmart.io, with support hours Monday to Friday, 9am to 5pm ET, and the team aims to reply within one business day.

## About BudgetSmart AI

BudgetSmart AI is a personal finance and budgeting platform. Users connect their bank accounts through MX, Finicity and Plaid, covering more than 16,000 banks in Canada and the United States. The platform categorizes spending,  creates budgets automatically, detects unused subscriptions, price increases, duplicate charges and bank fees, scans receipts and matches them to transactions, forecasts cash flow 90 days ahead, stores financial documents, and includes an AI money coach called Franklyn.  Learn more at https://budgetsmart.io

> "Holiday spending usually falls apart because tracking it by hand is the first thing people drop. We wanted the only work to be deciding what you want to spend and who you are shopping for, and then let the purchases land where they belong on their own. Our hope is that people reach January knowing exactly what the season cost them."
> Ryan Mahabir, Founder & CEO, BudgetSmart AI

## Key facts

- Christmas gift budget tracker releases November 12
- Available on web, iPhone and Android.  (Website: budgetsmart.io)
- Connects to 16,000+ banks via MX, Finicity and Plaid
- Business & Side Hustle expense tracking.
- AI money coach, “Franklyn,” answers questions using your real account data
- Includes an AI receipt scanner and a secure financial document vault
- Yearly plans save up to 46% versus monthly. Plans start at $8.97/month
- 14-day free trial on every plan; cancel anytime

## Questions about this announcement

**When does the BudgetSmart AI Christmas gift tracker come out?**
It is being released at 6AM on November 12th 

**How does the gift tracker know what I bought?**
It reads the purchases that already flow in from your connected bank and credit-card accounts, so an Amazon order, a Best Buy charge or an Etsy checkout shows up in the tracker without you entering anything. From there you tag each purchase to the person it’s for with one tap, and once the tracker has seen a pattern, say, every Etsy order during December goes to your sister, it suggests the match for you and you just confirm it. Nothing is counted against a gift budget until it’s been assigned to someone, so a regular Amazon order for yourself never gets mistaken for a present.

**What does BudgetSmart AI cost?**
Plans start at $5.58 per month. There is a 14-day free trial with full access to every AI feature, and you can cancel at any time.

## About BudgetSmart AI

BudgetSmart AI is a personal finance and budgeting platform. Users connect their bank accounts through MX, Finicity and Plaid, covering more than 16,000 banks in Canada and the United States. The platform categorizes spending, creates budgets automatically, detects unused subscriptions, price increases, duplicate charges and bank fees, scans receipts and matches them to transactions, forecasts cash flow 90 days ahead, stores financial documents, and includes an AI money coach called Franklyn. Learn more at https://budgetsmart.io Website: https://budgetsmart.io