Manage your Finances

Hi Folks,

For all those who can't afford expensive softwares like Microsoft Money or Quicken here's an inexpensive and easy way to keep track of your day to day expenditures.

Today I am going to share some of the online tools which I find incredibly useful for managing your day to day finances. Some of them are free while others charge an nominal fee to enroll after which you can use the tool to track your daily finances. These websites are 100% secure and offer a extremely secure medium to store your personal information so that it won't be misused. You can link your bank accounts, your credit card accounts or your investment accounts all at one place and track your savings right away with one click. It also offers daily, monthly or weekly reports so that you have a live visual of your money spending limit. It certainly helps keeping your finances in control and surely is a amazing medium to record all your transactions safely and securely!

1. One of them is www.mint.com.Absolutely free. Recently launched and very user friendly.

2. Another one is www.Mvelopes.com. Good site but charges a small fee. This is what they say:

Mvelopes is an award-winning online budgeting system that helps you manage your spending via your computer or mobile phone. Mvelopes helps you divide your income and create spending categories such as groceries, entertainment and bills. You proactively manage your spending so you never spend more than you have. That’s the power of Mvelopes!

3.JustBudget.com is yet another tool which is free and very useful for basic budgeting.Justbudget try to stay simple, so anyone can achieve what is used to be reserved for accounting and experts. Enter your expenses on a day by day basis and you'll receive some stats and graph that are easy to read and to understand.
The link is. www.JustBudget.com

4. OnlineXpenseTracker: This is also a basic site catering to the needs of the everyday man and students who need to maintain their budgets or people who are sharing expenses with their room mates. Free for a month after which a small monthly fee of $2.99 is charged. Check it out at www.xpensetracker.com