FREE Ways to track your money

Ever wondered what is the balance in your Savings account at this very moment? Ever wondered what is the minimum balance due on your last credit card statement? Ever wondered what's the credit limit and how much more you can spend on the credit card? Ever wondered how much is the worth of your investments, 401k, insurance account etc.? You will probably remember all of these.

Now add 2-4 accounts to each of these categories and now try to answer the questions again... Well, you don't need to fret your nerves. Solution is RIGHT HERE on the Internet and it is FREE OF COST. Now you will say you have heard of Microsoft Money (or even Money Plus) and Quicken etc. But if you have not heard of MONEYCENTER, you just don't know what you are missing.

The simple act of tracking your money will make you richer. Really! Just start and see how your behavior and your bank balance starts changing as a result. You must always look for more integration on these sites - actually the more the better. It's better to keep your records in a place that combines saving and spending with investing. That way you can really see how your net worth is affected when you put money into your Insurance Accounts, PPF accounts and/or the stock market rises/declines.

Yodlee is a company that provides the account-aggregating. It is currently building an online money management platform that will be branded by individual banks and credit card companies. But why put all your finances in a record that your bank monitors and controls, instead of using an independent site?

Yodlee’s proven consumer banking, payments, wealth management, and risk management solutions enable
financial institutions to:
1. Increase revenue
2. Lower total cost of ownership
3. Increase user activity and retention

If you are worried about how many Fianancial sites from India are supported by Yodlee, worry no more. All major banks, insurance companies, credit card companies, billers etc are supported.

Try the MoneyCenter at http://corporate.yodlee.com/moneycenter/index_postlaunch.html

From the above page, select appropraite link - US, UK or India.

Note: The writer does not take any responsibility about the performance of Yodlee's application mentioned here. Users are advised to use their discretion and exercise caution.