So remember when your mom pulled out her checkbook and wrote a check and then flipped open her register and listed the check? Sounds near obsolete right? But how many times have you checked your account online or gotten your statement in the mail and you had totally forgotten about a purchase, check or bill you had paid for and the account balance is now much lower than expected? I know I did that on an almost monthly balance. Yet I never was very good at keeping a checkbook ledger. There is now a website I have found very helpful. It is called mint.com and it sure has helped me do better when it comes to managing my finances and keeping track of where I am overspending. (Which is always my groceries, but I'm working on it)
This website is so great because if you have multiple accounts, it can keep track of them all. It will keep track of how investments are doing in the stock market, send you an email when you checking falls below a certain amount or what is happening in your online savings accounts. The website says that not all banks allow them to access the accounts but the 4 accounts I have were available. It also helps you set up goals and shows you your progress, pay down debt or increase savings. Almost anything you are spending can be categorized by the website, but you can also add your own account, say you have a quarterly payment for your access to a reptile enthusiast website, you can set that up as well.
So you log in and you get to see what you have spent in all your accounts, including those sneaky credit cards! I have found this website incredibly helpful when it comes to our family finances. Check it out and let me know what you think!
Wednesday, August 11, 2010
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