With all the technological advancements in the last few years, coupled with the rise in efficient online services in diverse sectors, users now have more choice than ever. As with many other domains, a host of impressive online tools are available for managing your finances. If you are not using them, you’re missing out on an excellent opportunity to better manage your financial life.
So here are some of the best free online tools that not only provide a great medium to keep track of your finances but are also free to use:
Perhaps the most popular and widely used tool for the amount of features it offers. And rightly so. Very few, if at all, other online tools come close to offering such a complete set of money management tools that not only help your keep track of your expenses but also let you plan goals and budget if you wish to do so.
Mint has recently come up with its own Android app as well, which means it is easier than ever to manage your finances right from your smartphone! Of course the best part is both the online service as well as the app are 100% free!
Another one of my favorite online tools, SmartyPig is a simple yet effective service focused on helping users accomplish their specific saving goals. Essentially it is a free online piggy bank that lets users design their own financial goals, by way of saving up money for specific items and helps them reach that goal. Although it is not a complete money management tool per se, but it is extremely effective when it comes to creating and reaching your financial goals.
The best part about this tool however is that if you save up money in an online account with them, you can redeem it for cash for a gift card at specific stores that offer you great deals and discounts.
A lesser known, upcoming online money management tool that is nonetheless feature rich and easy to use. It comes with a nice user-friendly yet modern interface and offers effective features to help users manage expenses and group their finances. The tool uses Google Gears to store account login and credentials on your computer so if you’re one who doesn’t like to trust new companies with their credentials, this one might be perfect for you.
Apart from offering usual money management features like credit card and bank account linking options, the USP of this service is that it lets you manage your shared expenses with friends and divides up each person’s shares and alerts the other group members as well, something that some find awkward to do in person.