![]() ![]() Update: Manilla closed its doors on July 1, 2014. Manilla keeps track of everything, and lets you know when your bills are coming due. You can link everything from your cell phone bill to credit cards to even health insurance claims. Manilla: The last tool discussed in this Podcast is one that helps you keep track of all of your bills.We set up automatic payment of bills to credit cards where we can, and the rest get paid directly from our checking account. Automatic Bill Pay: This just makes life easier and avoids missed payments.Smartphones are also great for finding coupons and deals. You can also use it to check your Betterment account or to see all of your investments with Personal Capital. Smartphone: As I mentioned above, we use our iPhone to deposit checks and transfer funds between accounts.Excel Spreadsheet: We use a spreadsheet to track our net worth, investments, asset allocation, and even real estate investments.If you are contributing money pre-tax, you can even set aside a bit more than your actual savings. As you lower your monthly expenses, even by a little, increase your contributions to your retirement account. 401(k)/IRA: This may seem like an odd money management tool, but it’s key, particularly for those still trying to max out their retirement accounts each year.Our children both have accounts and can set up direct deposit or deposit checks with a smartphone. First, we park our emergency fund in an online account for the interest and to keep it out of our main checking account. Online Bank Account: With both a checking and savings account at Capital One 360, an online bank has helped us in several ways.If you don’t use credit cards, a debit or prepaid card will accomplish the same thing. ![]() Credit cards are secure, we earn rewards, and we can upload all of our purchases into YNAB. Rather than keep receipts or write down our purchases, we charge everything to a credit card. Credit Cards: This is the tool we use the most to manage our money.One of my favorite aspects of the tools is that it shows you the dividend income you’ve earned from all of your investments. Personal Capital: While Personal Capital is known for its investing tools, it also has an excellent cash flow tool.It’s not perfect, but it does a good job of tracking your spending. Mint: For those that want a free budget tool and/or one you can link your accounts, Mint is a great choice.You can check out YNAB for free for 34 days. It’s easy to use, offers a beautiful design, and comes with excellent online classes and a user form. YNAB: By far and away my favorite budgeting software.There are several handy tools to give you a better understanding of your financial situation, such as graphing tools that let you see everything as a pie chart.Ĭons: Advanced features like tax calculation are absent.Ĭonclusion: A solid no-cost financial organisation tool that's simple to use.In today's podcast we cover the following 10 tools: ![]() You can import data into MMX from spreadsheets, so if you've been using (say) Excel to take care or your finances it's easy to switch. For others, though, features like that can be daunting when all that's required is a solid organisational tool, which MMX certainly is. Some might jibe at the fact that it only lets you record information rather than being able to act on the things that need your attention via the program - you can't calculate your taxes, pay your bills or make deposits using Money Manager Ex the way you can with some more high-end packages. It's aimed at the layperson rather than the financial whiz while it's got all the features you're likely to need in a personal finance tool, it doesn't overwhelm you with bells and whistles. Money Manager Ex (MMX) is an open-source program, so it's free to use. Primarily, it's designed to help you keep track of all your incomings and outgoings you can also use it to get a general overview of your net financial worth. Money Manager is a free tool for organising your personal finances. ![]()
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