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Straightening out your finances: Part 1

September 21st, 2009

This is the first part in a multi-part series about getting a handle on your finances.

Image Credit: http://www.cs.miami.edu/

Image Credit: http://www.cs.miami.edu/

Everyone needs a starting point

If you’re just starting to try and get a handle on your finances it can, at first, seem overwhelming. The best first step you can take is to step back and examine your finances. Get an overview. If you don’t already use online banking, this is the perfect time to switch over. With online banking you’ll better be able to track your spending rather than writing down every expense in a register (do people even still do that?!), or just waiting for a monthly report to be mailed to you. An added benefit of online banking is that you can transfer funds between accounts at the click of a button. Even better though is the capability of interfacing with some of the best financial programs out there, such as Mint, Wesabe, and Quicken Online. Read more…

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