|Take advantage of good financial management tools|
Showing Your Money Who's Boss
STEP 1: Good Tools
Click HERE to check out Mint.com
Here's what it does:
- It gathers all of your personal information into one user-friendly, secure website
- You connect your bank account(s), credit cards & bills
- It crunches your data & tells you what you have & what you owe
- It tracks your spending patterns, savings & investments
- It provides a realistic & easy-to-understand budget, based on your financial stats
- It provides you with 20 kinds of reminders & alerts, from bill paying and late fees to unusual spending and running over-budget
- It provides a weekly summary of your spending, broken out into spending categories
- It categorizes your transactions & provides spending details, e.g. ATM withdrawl broken down into cash & transaction fee; or, buying different things all in the same place, i.e. clothing & groceries
- You get a free credit report within Mint.com
- You get really great blog posts on consumer IQ, financial planning, saving & everyday spending, e.g. "A Dude's Guide to Not Going Broke During Wedding Season," & "Sun, Surf and Savings: Summer Travel on the Cheap."
- It's FREE to set up!
- Available as a mobile app for mobile devices
Mint.com Does Everything You
Don't Want to Do & Don't Have Time For
This is a great place to start learning & taking control of your finances. It's all about the numbers.
So, go set it up...
Then, we'll talk about Step 2: Debt