So much of every day life is now online. Many of us are going paperless for everything, so why not use online money management tools on a regular basis. Here are five online tools that you need to be using.
- Start with your bank or credit union’s website. Many of them offer budgeting tools and expense tracking systems
- Mint (www.mint.com) allows you to upload your account information and get immediate insight into where your money is going.
- Doughhound (www.doughhound.com) lets users create a budget and track spending without sharing passwords and other personal information.
- You Need A Budget (www.youneedabudget.com) is great for people living close to their financial limits and wanting to pay off debt. The site shows you where every dollar is going, then helps you make adjustments if you spend too much.
- Pocketsmith (www.pocketsmith.com) combines calendar-based planning with rigorous goal setting. This allows you to compare your monthly and annual expenses with your income, while finding ways to meet savings and other goals along the way.