Money Management Websites on the Rise
January 5, 2009
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I was just reading this article on how money management websites like mint.com, geezeo.com, and wesabe.com have seen a sudden rise in the number of users using their services.
Many people forget that one of the most important things to do when it comes to personal financial management, regardless of your knowledge level, is to track your expenses. These money management websites allow you to track your expenses and income with ease (often for no cost), so you can easily calculate how much interest you are paying each year on your credit cards.
“Having the ability to see this information is like personal finance 101,” she said. “I thought having credit card debt wasn’t a big deal, but when I saw how much of our monthly budget was going toward debt, that was a big wake-up call.”
If you aren’t already actively tracking your money, go check out one of the sites mentioned in the article - you’ll be amazed at how easy it is, and how valuable the information can be!
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Adam Goodman is the author of Following The Goods Financial Management for the Young and Ambitious. Throughout his life, Adam never took ownership of his financial knowledge and no one ever sat down with him to explain what it meant to plan for his financial future. Luckily, while at business school, Adam finally learned how to be smart about financial management and he is here to share what he has learned along his journey with you.
Adam's past experience includes owning and operating his own consulting firm, as well as working as a Consultant with Deloitte & Touche. Adam is currently in a sales and marketing role in the telecom industry.
