Top 5 Free Online Money Management Tools

Today with the economy being the way it is, everyone is trying to make his or her money stretch as far as possible. To help you manage your finances there are some good free money management tools available online.

Yodlee

Yodlee MoneyCenter is an online management tool that has been around for a long time. It is easy to use and has a colorful dashboard with everything you need right at your fingertips. This is innovative software that can do many things including track all of your account balances and track what you spend. You can create a budget and set up alerts to let you know when something has been posted.

GnuCash

GnuCash Money Management Tool can be used for both small businesses and personal use. It tracks all of your finances including income, expenses and bank accounts. This software works on all platforms including Windows, Mac OS X and Linux. It is a powerful flexible free accounting and financial software that tracks all expenses and income in one system. It has an interface that will remind you of a checkbook register that is easy to enter information into.

Mint

Mint is a popular money management tool that is very easy to use. With this software, you can incorporate all of your accounts into the system including bank and credit card accounts. After you have it set up, the software automatically puts all transactions from your various accounts into the system. It sets up a budget and tells you when and where your money is being spent. That way you can track everything in one place to help you budget your money better.

Geezeo

Geezeo is a comprehensive online money management tool that helps a person to budget their money better. A unique feature of Geezeo is that is has a huge online community that you can join. Here you will meet people who have the same goals as you; to save money and stick to a budget. Another unusual feature is the real time public feed that lets you see what other members are doing. This online tool is more than just an accounting tool it is also has a built in support group.

Money Strands

Money Strands online management tool allows a person to track their spending and helps them set a realistic budget. This software spells out your spending habits in a variety of graphs and charts. Not only does this tool track your finances it also gives you tips on managing your money better. It tracks all of your reoccurring monthly bills in a color-coded system that shows whether the bill has been paid or still needs to be paid. This helps you to stay on track and make timely payments.

The reasoning behind online money management tools is to have all your information in one place. They are also designed to help you track your spending. Most of us don’t realize it, but we tend to spend over our means. When it is in black and white, our spending habits become a lot clearer.