TILE Financial

CEO Amy Butte is presenting TILE Financial. Tile is a financial dashboard for young people. It looks similar to Mint.com. Donations to charities are featured. The goal is to get young adults develop a financial identity and get into investing.

Mint : Personal Finance Application

While Geezeo and Wesabe have been buzzing around the past few months, another personal finance application has won over the Tech Crunch crowd winning for best presenting company at the Tech Crunch 40.I have yet to check out Mint, but I will and let you know in a full out review.

clipped from www.techcrunch.com Mint is a personal finance application that lets users track and monitor their financials in one place without the need of routine maintenance or accounting knowledge. Their application tracks bank, credit union and credit card transactions and alerts users to upcoming bills, low balances or unusual spending. Mint’s patent-pending technology automatically categorizes transactions, so users know with precision where they are spending money, what their bank and credit balances are, and how much interest they have earned. Their application also helps people find ways to save money by constantly searching for deals on credit cards, bank accounts, etc. Mint’s technology also analyzes your finances and makes suggestions all while using the same security systems as top banks.

Geezeo

A client told me about a new Web 2.o personal finance application called Geezeo. I just signed up and it is free. It is similar to Wesabe, so I am going play around with them both and compare them.  One cool thing about Geezeo is that once you set up your bank account with Geezeo, you can also set up your cell phone to get text messages of your account balance.

More to come about this later.

Spending Diary Application + Repairs Are Cheaper

Today I got an email telling me about an easy web application, Spending Diary. I will employ this for my future posts about spending. By the way, writing down your expenses makes you think twice about buying things. It made my day to spend only $5 to get a battery for an old Timex watch instead forking over $30 for shiny new one.

Look around your place to see what can be repaired cheaply instead of buying new. Shoes may need new heels, clothes may need new buttons or zipper, but most times it is “cheaper to keep her”.

Spending Diary: Friday, June 29, 2007

$9.00@ Laundromat: laundry 10lbs (clothes expense)

$2.25@Bodega: New York Post, bottled water and almonds (media and food expenses)

$30.00@Crossfit: Personal Training (personal/health expense)

$5.69@Nedick’s: hot dogs, fries and drink (meals expense)

$1.00@Happycorp Happy Hour: tipping the bartender (entertainment expense)

$6.00@Freddy’s: vodka drink + tip (entertainment expense)

$8.00@Gino’s: chicken cheesesteak (meals expense)

Summary: $61.94 is OK, considering the $30 for personal training is included. The weekends are harder for saving money since I always out more with friends.

Keeping Nickels My Own Damn Self

Physican, Heal Thyself”.  I am very good at giving advice to my clients on how to spend, save or invest their money, but not so good with my own money. My business has been been slow but my expenses are increasing. I need to pay more attention on how I spend and figure how to keep more nickels.  This week I will keep a spending diary and “keep my mind on my money and my money on my mind”.

June 28, 2007

$1.75 @ Bodega :Vitamin Water and New York Post (meals, office expense)

$9.00@ Salon: Eyebrows Waxing (personal beauty expense)

$8.00@Strawberry’s: sunglasses (clothes/accessories expense)

$10.47@S’wich: Chicken Sandwich (meals)

$7.03@ Whole Foods: Sushi (meals)

Summary: I spent 36.25. Not too bad. The sunglasses were necessary since my last pair broke. I could have skipped the sushi, but I was eating with a friend. My goal is to run $20 or less a day, and would have been close if it wasn’t for sushi and sunglasses. Sushi and Sunglasses. Try to say that three times fast!