Tue 15 Dec 2009
(c) December 15, 2009
Whether you’ve recently been let go at work or whether you are finally pursuing your dream of small business ownership, chances are you’re saving your pennies right now.
It wasn’t that many years ago that saving money involved stuffing a sock with extra cash and hiding it under the mattress. Thankfully, we’ve all become much more creative since then, as these three new online resources—a must read for everyone interested in managing money—will surely attest.
WiseBread: Living large on a small budget
Its name says it all: Be smart about your money. This blog and online community, a member of the larger Money Tips Network of finance-related blogs and news sources, leads readers on a journey toward frugal living, one lifestyle choice at a time.
WiseBread publishes a daily blog featuring a vast library of articles written by an extensive team of finance bloggers and money experts. A sampling of recent articles include:
- “The cell phone app that’s saving me a fortune”
- “The best way to avoid the worst financial problems”
- “6 powerful strategies for paying down debt”
- “Things you should and shouldn’t buy at Walmart”
In addition, WiseBread features a weekly “deals of the week” round-up and frequent contests in which readers are invited to submit their own frugal tips and the tipsters with the most innovative suggestions can win a prize.
Mint.com: The best (free) way to manage your money
No matter how much of it you have (or don’t have, as the case may be), managing personal finances is often no small task. But Mint.com, a new financial web site, actually makes it easy…and fun! This free and secure online service allows users to manage bank and credit accounts; develop budgets; and manage investments—all in one place. (Just think: No more jumping from one web site to the next when trying to balance your finances.)
What makes Mint.com particularly invaluable is its built-in system of alerts, which includes a weekly e-mail to notify you about the status of your savings, credit and investment accounts, plus alarms that will help you avoid overdrafts, late fees and even changes to your interest rate that the bank might otherwise prefer you not notice. And, with its expansive graph system, Mint .com can also help identify areas where you might save more and spend less.
And, it’s not just us at Tripping on the Ladder who love Mint.com. It also was honored as a “Four Star” service by Money Magazine, named PC World’s Top-Rated Online Finance Service and recipient of PC Magazine Editor’s Choice Award, and listed among TIME Magazine’s Top 50 Web Sites.
Get Rich Slowly: Personal finance that makes cents
Recently named the most inspiring personal finance blog by Money Magazine, Get Rich Slowly is a spirited online community devoted to promoting sensible personal finance. The site was created by a self-professed “average guy” who found himself in tens of thousands of dollars in debt. So, he decided to do something about it, first by reading every personal finance book and resource he could find—and then by sharing what he learned so that others, too, could benefit—one small step at a time.
The site features regular bank rate comparisons, customized mortgage quotes, articles on home and mortgage topics (our favorite: “Furniture and Scambags: Adventures on Craigslist”) and lively message boards where readers share their best tips and wildest experiences relating to personal finance.
Ultimately, Get Rich Slowly is a story of a nice guy finishing first, for himself. And, really, what’s not to celebrate about that?