Our February COUNTRY Financial Security Index survey shows there are some real benefits to banking and investing online. Users who fully embrace these online tools are tracking their money better and saving more.
While most banks let you manage your money online and might even have a smartphone app, if you’re really looking to get the most out of online money management, you might want to consider one of these tools.
- Mint: With millions of users, this web-based budgeting tool has become very popular. It automatically loads your online transactions and offers hassle-free budgeting, alerts, and tools to track your long-term goals. Best of all, it’s free.
- Yodlee Money Center: If Mint doesn’t suit you, check out Yodlee Money Center. It matches most of Mint’s perks, including its price and a mobile app so you can track your cash on the go.
- You Need A Budget (YNAB): For those who want more control over recording their spending and their budget, YNAB is a popular, paid alternative. If you mostly use cash (those transactions aren’t online) YNAB will give you the anywhere and mobile access of Mint and Yodlee Money Center with the hands-on experience you want.
No matter how you choose to manage your money, whether online or with a pen and paper, it’s having a plan and sticking to it that matters most.