Thursday, December 15, 2011

Personal Finance and Investing

By Emily Thomas


You should make sure you always keep track of your money. The best thing to do for this is to get a wallet or some sort of money clip. This is due to the fact that a money clip will hold your money and keep it nice and organized.

The answer to that is that they're all probably all hunkered down in their dens writing new books on how to get rich buying stocks on margin in the upcoming stock market boom. After all as the old stock market saying goes "whatever goes down must come back up".

Mint.com *Mint.com is one of the most popular and well-loved free online personal finance tools by the people. With over 8,000 financial company connections worldwide, this online means offers a wide variety of understandable and easy to use tools. *Once you have registered an account, you get 100% access of your whole finances such as your credit cards, grocery bills, loans and other personal expenses. *It offers a very detailed tracking program about everything that goes on with your finances from - the things you spend your money on, how much monthly savings you have as well as your investment's performance. *Automatic alerts are also given to you through a text message or an e-mail especially when you are on the brink of reaching your card's credit limit or if you have too little money deposited in your bank account. *In addition to these services, this online tool can also show you budgeting charts and spread sheets that teaches you how to budget in every expense category.

Wesabe *Wesabe.com is a website that provides strong financial management instruments while at the same time having that social networking appeal since it offers an active forum for clients who seek support and give encouragement to each other in order to reach their respective monetary goals. *Since it is more hands-on website as compared to Mint, you have the choice of putting your bank or credit card statements on your own. Since this is not done automatically, you safeguard your identity as well as important details such as your account numbers and passwords better. For Financial Planning

Buxfer *A more basic and less updated free online personal finance tool found in the web, it is best for people who are looking for fuss-free financial planning instruments. *However, what makes it stand out among other online financial planning device is its user-friendly interface. Buxfer is equipped with a step-by-step how to guide, easy to understand instructions as well as fast account set up. For Investment Tracking

Social Picks *SocialPicks.com is a business based online company that focuses more on tracking a person's investments. It provides an independent service wherein you can easily gain access of your asset's performance while at the same time allowing you to make comparisons with other investors. Financial advice is also provided to help you market your investment better. For Credit Score Checking

CreditKarma.com *Functions just like your credit score bureau company, this website offers you an updated status of your credit score. Also, advice is given on how you can improve your rating as well as tips on how you can repair a rating with glitches. *The only main difference is that you need not give out your credit card details. All you have to type in is your name, address and SSS (Social Security Number). Online personal finance tools are great devices in keeping yourself up to date with your finances current status while at the same time giving you help to make financial planning more effective without the scare of getting scammed.




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