I like money. I like money management (hey, I’m a personal finance blogger). I like free stuff (who doesn’t?). When you put all those together, you get some of the best free online money management tools to be found.
I’ve talked about it before, but since it is the new year, I thought I would once again highlight some of the best free online money management tools I’ve found. Why online? Well, I have been moving more and more of my stuff to the cloud (so I can access it anywhere from any device), and I’m sure a lot of people have been to. It’s also useful for money management for college students. Why? Because you are always moving around, so having your finances in the cloud is great!
Here are some of my favorites, as well as some that have been mentioned before, but I haven’t used.
Mint is still the industry leader in online personal finance, and it has a lot to offer. It connects with all types of accounts, and it is adding more everyday. It is really good about tracking and categorizing your spending, and helping you stick to a budget. Where it lags is tracking your investment performance, as it seems to have a hard time following investment accounts in general.
Follow this link to check out Mint.
Manilla is a relative newcomer to the personal finance space, but where it really shines is that it tries to integrate a lot of the “other” stuff in personal finance – such as mileage accounts, insurance, etc. While it is not as robust in the budgeting and investing areas, the ability to keep track of all those other accounts is really nice. It also lets you know if you have miles that were going to expire, or other things related to these accounts.
Check out Manilla.
My Favorite: Personal Capital
Personal Capital is the newest player on the block in online personal finance software. It is very similar to Mint, except that is has much more powerful investing tools. Personal Capital is actually an investment firm that offers this software for free. I like it because it has the visuals of Mint, with more powerful investment tracking options, similar to Quicken – but it’s free! You can check out my full review of Personal Capital.
I haven’t tried out these online money management tools, but readers have chimed in about them in the past, so you may want to check them out:
Readers, do you use an online money management tool? What do you recommend?