Best Web Sites to Keep Track of Your Finances

  • October 17, 2008
  • Savings
  • Comments Off on Best Web Sites to Keep Track of Your Finances

Practically the whole world has been hit hard by the economic downturn, recession, depression, corruption, incompetence, or whatever you want to call it. Now more than ever you need to keep track of the money you do have.

The best web sites I’ve found to track both my savings and investment accounts are Mint.com and CakeFinancial.com. Mint.com is an award winning, secure web site that keeps track of all your savings account (As of Oct 14 now includes investment accounts) on one web site. Mint then analyzes the data showing you visually where your money is going. Mint even recommends offers on how can save money based on your spending patterns. CakeFinancial.com is another site that I found recently where you can track your investment accounts in one place. Do you ever notice on your broker’s mutual fund statements they might compare this years total portfolio value with last years, but what about 2,3,4 years ago? That’s why CakeFinacial.com is so useful in that you can track lifetime performance visually of your total portfolio. Cake tells you what funds have performed the best and the worst. Cake also rates funds based on other Cake member opinions of those funds. CakeFinancial.com additionally boasts your investment education in that you can view the performance of other members (This can be turned off if you don’t want others to track your performance).

Harness the power of the internet with the tools Mint.com and CakeFinancial.com offer and ride out the 2008-200… recession in style.

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