My wife and I have been using Microsoft Money since 1997 to manage our personal finances. Overall it has been good – but over the last couple years the system has started to break down for us.
We have found that we both need access to the account information so we can discuss it, track it, and maintain the accounts (you know, all those things you’re supposed to do with $$ as a couple, right?). Microsoft Money, Quicken and other software systems are problematic because we have to install them and access them on one machine or else do two installs and swap files, etc. We’ve found using Money that it was hard for us both to engage because one of us invariably had to do most of the entry (Lisa in our case).
So we went looking for a web based personal financial system. Our journey has led us to Mint, Wesabe, and Mvelopes and have now come out with a clear winner – ClearCheckBook.com.
It is simple, easy to use, works with my iPhone and best of all is free. We got all our accounts loaded within 20 minutes on Saturday. If you’re looking for a register to track personal expenses – this is a really good tool that I can recommend.
On a related note, LendEDU published an educational article on the importance of budgeting money you can avoid financial pitfalls like overdraft fees. Read the full article
here.
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