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Topic: On-line Money Management  (Read 1121 times)

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On-line Money Management
« on: October 12, 2012, 10:56:44 AM »
Hiya, I used Quicken and Microsoft Money in the past to manage my finances. When Microsoft stopped supporting Money, I migrated to Mint.com and found it just as effective. When I moved over here, I continued to use Mint.com until they were no longer able to support Barclays bank, so I looked for something new. The best solution I could find was Moneydashboard.net, although I have never been completely happy with it.

Well, I finally stumbled recently across what is the best on-line solution I have found. It's Yodlee (moneycenter.yodlee.com). It has all the best features of MS Money or Quicken (like being able to split transactions for example) and it works flawlessly in multicurrency and with both UK and stateside banks and investments. Yodlee also claims to be the creator of the software that allows these types of portals to access your bank accounts in the first place, and I do find their updates to be very quick.

Anyway, if you haven't found an on-line money management solution that you're happy with, give Yodlee a look.
"It takes a leap of faith to get things going. In your heart, baby, you must trust..."


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Re: On-line Money Management
« Reply #1 on: December 01, 2012, 04:50:45 PM »
Hi

Thanks for this tip - I'm going to be looking at their offerings in some detail in the near future. For me, and many other users, it's one of those things in that the financial data is held at another institutions servers/systems. There's a big proportion of users who don't like that even with all the secure guarantee's and companies being regulated and audited etc etc. A lot of people like keeping their financial data with themselves only.

As I previously worked for Quicken, I have a pretty good idea of this sort of thing. In recent years as trends have developed, the 'cloud' based computing model works very well for many sectors and applications etc and storing financial data is included in that. , however it's still not the 'preferred' choice for a big section of people who do indeed use financial software to look after their personal finances.

Once I know more, I will pop back to this thread with my findings as well as feedback from other's for a more rounded view.

Cheers, DtM! West London & Slough UK!


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