Wouldn’t you like to make it easier to manage your money? I mean, who wouldn’t want to make it easier? Personal money management just isn’t much fun. Of course, not managing your finances can be even less fun. If you’re not careful you could end up in serious debt, forget to make important payments or even lose track of your checking account balance.
Four new tools
There are four great money management tools now available that you can use on your computer or even your smart phone. These software tools can help cut the pain out of money management, reduce your debt, access your records and even help a family member who is experiencing a financial problem. Here are the four.
The website Credit Sesame can be a great lifesaver when it comes to managing your debts. You just answer a few simple questions and it will help you get a handle on your debt and even lower your credit card and loan payments.
Once you answer some simple questions, Credit Sesame will display a personalized “credit dashboard”. This dashboard provides a simple picture that includes your free Experian credit score; how well you’re doing in debt management; your home’s value (if you own one); if you’re overpaying on your loans and credit payments and if so how much; how much money you could save by refinancing; and information about alternative credit cards and loans you could use to reduce your debt.
This helpful and free website can be of value if you or if one of your children is still paying off student loans. It is called Tuition.io. To help you get organized, the website will show you the name of the company that is now servicing your federal and private student loans and where to make your payments. It will also display your individual monthly payments and how much you still owe on each of your loans. Plus it will show you when the loans will be paid off. It will even sort your loans so that you can see which ones have the highest interest rates and should be paid off first.
Family members in a bind?
If you need to help family members financially, the program PayTap could be a real boon. It’s especially helpful if you and your brothers or sisters need to divide the costs associated with helping your parents or if you need to pay some of a child’s cable or phone bills each month. The program is a bit difficult to explain so if you think it would be useful, the best answer is to go to the website and check it out yourself. However, the site’s most important feature is easy to explain – it will help keep you from missing any payments you’ve agreed to make.
A virtual strongbox
I thought My Virtual Strongbox was a really neat program. It lets you create a virtual safe deposit box where you can store scanned images of vital records such as insurance policies, stock certificates, birth records and so forth. The software uses three layers of security and is safer than putting your information in the cloud, which could be hacked. Once you have your important documents in the virtual strongbox, you can access any information you need to give to a family member (or doctor) by emailing a copy to the appropriate person.
Unfortunately, you can only get access to My Virtual Strongbox through a bank, credit union or broker because individuals can’t buy it at this point.
When money management tools can’t help
If you’re facing big debt problems, none of these programs can really help. However, our debt consolidation providers can. We’re so sure we can get you out of debt in a reasonable amount of time that we offer a 100% satisfaction guarantee. If you’re having a problem with big debt, don’t hesitate. Contact us today and let us take that burden off your shoulders.