Clean your financial house, so to speak

April 19, 2009 by Heather  
Filed under Finances and Money, General

It is some of the most dreaded jobs around- balancing the checkbook, paying bills, planning for your kids’ college fund and retirement….  it’s so complicated, and stressful and who wants to do it!??  Here’s a tool that can help make it easier for you- 

Mint.com!  This tool is online financial software- it helps not only budget, but to plan for many financial goals, whether those are to pay off debt like credit cards or student loans; save for college for your kids- or yourself!; save for a big purchase, or even retirement; find great ways to save money; and best of all- TRACK YOUR SPENDING!  The really cool thing about this program is you don’t have to do a lot of data entry- it simply links up to your bank account online and allows you to track your spending by category. You can set up alerts for various items; you can compare different credit cards or banks to find the best fees. 

Mint.com can also help you set up graphs and other easy to read graphics that show you exactly how much money you spend and where you spend it.  But the best part is this:  It’s FREE.  That’s right.  According to the website, the company occasionally earns a referral fee for recommending a bank account or credit card, but the site only recommends in order of best price/lowest cost, so the company only earns if it is the lowest one and you decide to switch.  We all dread money management tasks- finally, here’s a tool to make a bit easier………