Online Money Management Review 2012

#1 Yodlee - Online Banking Solutions

Review date: 01.08.2012

Description:

Yodlee MoneyCenter - one of a pioneer in account aggregation - enables to simplify financial management. Moreover, detailed reports allow you find very specific transactions from your data. In addition, you can split transactions and enter them manually.

Screenshots

Price:

Free demo

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Advanced Features:

Personal financial management
Mobile application available
Secure online money management tool
Track spending
Fully integrated bill pay solution
Financial services application marketplace
Very detailed overview page

Review:

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Like Mint.com and Quicken, it offers advanced tools for tracking your personal finance information.

You are able to track your entire net worth online.
Offers a secure production architecture and database activity monitors.
Graphical calendar. Complete coverage of personal finance topics.
Transaction Search is used to search through a user's financial transactions.
Provides detailed information for each account.
For developers: Yodlee FinApp Development Platform.
You can pay bills via credit and debit card.

Overall, this online money manager enables to bring all your finances together and get the big picture. However, the interface is primitive and difficult to add a cash account.

#2 Mint - Automated Bookkeeping

Review date: 01.07.2012

Description:

Mint isn’t necessarily a competitor to Quicken. It also shows bar graphs on your spending in select categories.

Screenshots

Price:

Free

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Advanced Features:

Finances in one place
Splitting transaction categories
No bookkeeping required
One-time set up
See where you're spending
Cash flow tracker
Personalized alerts function
Automatic weekly summaries
Timely Alerts, helpful graphs

Review:

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New features usch as: automated transaction downloads and account summaries sent via email or text message.

In a near future, the program will enable setting up savings accounts.
Easy to use and very user friendly. It supports more than 3,000 banks and credit cards.
It allows you to track all of your spending in one place.
None of your financial information is stored at Mint.
Initial sign up process literally takes only a few seconds.
Advanced summary of all your linked accounts.
Updates all of your account information automatically.
Ability to aggregate all of your data.
You can also get text message (SMS) summaries every week.
Each transaction is automatically assigned a category.
Instantly shows your asset allocation across.
You can add, remove, and configure your checking, savings, and credit card accounts.

Best of all, this free online software allows you to manage your personal budget and track all your transactions. The interface is very well done in that it is intuitive to use. No need to import data.

#3 Rudder

Review date: 01.16.2012

Description:

This free web application lets you to organize our day-to-day financial affairs. Registering for an account with Rudder is very easy, just enter your email address and enter a security code.

Screenshots

Price:

Free

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Advanced Features:

User-friendly registration process
Renaming accounts
Detailed account Balance
Utility for home-managers
Recent activity reports
Budget planning tools
Smart financial management systems
Free for all its users
Synchronizes a user's bank account

Review:

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Best of all, all of the data is kept secure and the software enables you to manage and keep track of all of your portfolios from the same site.

Like other such applications, users can track their saving progress.
Enables you to get an automatic alerts for low balances, pending bills. The software also provides customized financial advice.
The interface is very well done and intuitive.
Allows to assist users in managing their financial affairs.
Services are entirely free of charge. No adverts anywhere on the website
Updates user account information on a day-to-day basis.
Efficient online personal financial management system.
Valuable analytical tool .
Advanced Personal Finance Management service.

As compared to similar services available on the net, is that with this program, you don’t even need to know much about money management to make a start. Please note that this free service also does not contain any exasperating advertisements.

#4 ManageME

Review date: 01.16.2012

Description:

The most distinguished feature of ManageME is its Plutus packages that are competitively priced. Moreover, this online solution equires no prior technical knowledge.

Screenshots

Price:

Free

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Main Features:

Personal organizer. Customized reminders and alerts
Secure password protected online account
Comprehensive report generation
Categorize expenses under customized headers
Multiple currency support

Review:

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Best of all, you are able to view synopsis of your accounting details (due and overdue amounts), budget chart.

Facilitates in resolving troubles of financial handling problems effectively.
Allows to incorporate bill pay and personal reminders along with a host of alert notifications.
Will help you manage money efficiently.
Every budget overshoot alert gives you a buz,.
No superfluous functionality.
Setup income and outgoing (expenses) categories, easily.
Allows you to pay your operating expenses on time.
Enables to expand your business without going into debt.

As the saying goes, “the art is not in making money, but in keeping it.” This is why, with its dashboard that displays all vital financial statistics associated to your account, ManageME is a web based application and therefore does not need any kind of installation.

#5 Quicken Online

Review date: 01.16.2012

Description:

The most interesting features of Quicken ist that it allows you to track your various online financial accounts without having to manually log into each one to see your transactions. However, it costs $2.99 per month after the end of the initial free trial period.

Screenshots

Price:

Free registration

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Software Summary:

Quicken Online shows scheduled bills, deposits and online payments that are coming due.

Main Features:

Real-time view of account balances
Categories edition
Reminders to pay bills on time
Fast and easy set up
Cash Tracking

Review:

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Protection of data by using 128-bit encryption, the same technology used by most major financial institutions. It gives you snapshots of cash, checking, savings and credit card accounts.

No hassles with account or software updates.
Program lets you automatically categorizes transactions and chooses payee names.
Connects to over 5,000 financial institutions.
Detailed analysis with pie chart graphs that represent spending categories.
You can add transactions manually.
View bills, spending details, account balances.

NOTE: Each transactions for accounts in Quicken Online automatically download each night. Investment accounts are not supported at this time, nor split transaction and TurboTax software integration.

#6 BudgetPulse

Review date: 01.16.2012

Description:

This free personal finance software enables you to simplify the way you manage your money and track budgets.

Screenshots

Price:

Free

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Software Summary:

Best used for building a budget and monitoring your current financial status.

Main Features:

Money management tool, completely free
Analyze your spending, saving, and other financial habits
Designed to track cash flow and budgeting

Review:

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Best of all, the software allows you to view each transaction category. And it also aggregates financial news from top financial news sources which can help you plan your spending accordingly.

You can track your budget anytime.
This new financial management service groups up each expense by the categories you create.
You can view charts and summaries on your financial activity.

Features include add multiple accounts, add transactions, organize payee and category and view customized report. With a few more accounting sections, this software could be excellent.