Jan 1, 2013

Create a budget with LearnVest! #FinancialWellness Week

View all of your accounts in one place (for free!) with LearnVest’s My Money Center. Monitor your spending activity, create a personalized budget, and track progress against your budgeting goals with ease. LearnVest’s My Money Center will give you a snapshot of your overall finances, including your assets, debts, and net worth. LearnVest is protected by bank level security and encryption so your accounts are always 100% safe and secure. Sign up now!

What I Think

Signing up was super easy and you have the choice of connecting your bank account, but I'm not comfortable with doing that so I skipped it. But once you get past that, you are able to make a budget by essentials and non-essentials. You then get an overview of where most of your money is going. Sure, you can write it down on paper, but with a pie chart, you get a more detailed idea of where everything is going and what you can cut back on. 

Pros: Great for making that monthly budget instead of writing it down on paper. It is also a great learning tool for teens and 20-somethings to learn how to budget. You can also talk to an expert if you have questions about finances.

Cons: It can get kind of confusing, but it's only a monthly budget tool. There is not way for you to make a weekly budget.

Verdict? Great if you want to keep track of a monthly budget. For weekly budgets, stick with pen and paper or a spreadsheet.

Please note: I am NOT a financial adviser. I only speak from experience.

No comments:

Post a Comment

Thanks for stopping by! Anything you would like to say?

Please be kind to others. Debates are okay, but do not attack anyone. Comments abusive in nature will be removed without notice.