Friday Five: Top 5 Websites To Help You Manage Your Money
Financial management is great for anyone looking for financial opportunity, financial security, and to manage debt. Managing your finances can seem like a daunting task, especially if you don’t know where to begin. It can easily be one of those things that stays on your to do list for a long time, but it's not as hard as you may think. Many websites, such as the ones listed below, provide free and easy tools to help you evaluate your financial situation and create a plan of action to take your financial opportunities to the next level. The sites pick up every transaction you make with your credit and debit cards, but you’ve got to fill in the details on how you spend cash. They offer and help you set goals and host online communities of like-minded budgeters to provide advice and encouragement. Setting budgets and goals are a good way to track your spending and tracking how much you spend is important when creating an action plan. These money management sites are informative, encouraging, and even entertaining. Each site helps you manage your money by offering a variety of easy to use tools that won't have lost in financial formulas and compound interest.
HelloWallet is a fun and exciting website that allows you to view all aspects of your finances – income, benefits, spending, saving, & goals – all in one place to help you stay on top of your financial opportunities. On their website, they provide short and easy to understand videos that help you get started planning your financial future. So if you don't know where to start or what to do, I recommend taking a couple minutes to watch their informative videos. You can also take their short 3-minute test called: Are You Financially Fit?, that will give you a rough outline of everything you should be thinking about to achieve your goals. What I like about HelloWallet is they have developed a patent pending process that helps you develop a personal and comprehensive road-map to help you achieve your goals. HelloWallet offers free and premium accounts, where businesses and individuals can use their money management tools.
ClearCheckbook provides awesome tools where you can keep track of investments, stocks, bills, how much you save, debts, and other great financial tools. After you set up your account, ClearCheckbook will provide you with easy to understand reports, charts, and graphs on your current situation. With the information ClearCheckbook provides, you can put together an action plan that’s best for your future finances. They provide you the money management tools for free, but you can upgrade your account to a premium account for $4 a month, which will get you custom report tools, custom transaction fields, future balance projection, multi-user feature, and editing of the auto-suggest feature. Visit ClearCheckbook at the link above to check out the video tours of a detailed overview of the site and tools.
If you don't want to be confused by long reports, I would suggest using Toshl. They offer lots of fun and interactive visuals, because who wants or has the time to read long financial reports? The visuals are easy to understand and help you stay on track of your goals. Just create an account, fill out some information, and Toshl does the rest for you. They provide the tools needed to help you analyze your finances. You can set up a monthly budget, and it'll track and show visuals of how close you are to reaching your goals. It also provides bill reminders so you won't miss bills and receive late charges. They also have a free app to make it convenient for you to manage your expenses right through your phone. Toshl provides a cool and easy way to know your finances.
ReadyForZero.com is a great website that focuses on helping you get out of debt. Whether it is student loan debt, credit card debt, debt consolidation, or budgeting tips; ReadyForZero has the resources to help you. Their website and tools are simple and easy to use, you don’t need to be an accountant or financial expert to use their tools. Just sign up and create your profile, link your financial accounts, and they will create a personalized plan for managing and paying off credit cards, mortgages, student loans and other debt just for you. It’s like having your own financial adviser in a way. ReadyForZero is free, but if you want advanced features like tracking your credit score and having the convenience of paying your bills directly from their site, it will cost $10 to $15 a month depending on which plan you choose. If you are looking to start your journey to get out of debt, I would recommend checking them out.
Mint.com is an awesome website that offers free and easy finance tools that allow you to set financial goals, short-term and long-term budgets, financial reminders, free advice, and categorizes your spending to help prioritize your finances. Great things great about Mint are once you have set up your account, they will alert your when your spending patterns become abnormal, hopefully helping you stay on track to financial success. They provide you with visuals such as colored pie charts showing details of your spending, assets, debts, or net worth. Mint’s tools are very detailed and can even track those sneaky fees banks try to get past you from time to time. They also have an app to make it convenient for you to track your finances on the go. Mint makes it "easy to understand what's going on with your money."
I hope these websites help you maximize your financial opportunities, financial security, and help you manage your debt.
Post By: Justin Narayan