Wednesday, July 18, 2007

Manage Your Money Online

One of the key things about managing your money is knowing where it is, knowing where it is coming from and knowing where it is going. There are quite a few ways to do this. If you follow the guidance from the book, "Your Money or Your Life", you should know about EVERY PENNY that comes in and out of your life.

Some people choose to use a spreadsheet. You can also use something like Quicken or MS Money. Additionally, many banks have an online tool for managing all of your accounts. However, my personal favorite is Yodlee Money Center. Yodlee is the company that creates the software that is run by so many of your favorite banks. I like the generic site provided by Yodee because it's simple and easy to use and doesn't have any sort of bank flavor.