Like Quicken But With Community

by on the money on April 30, 2009

Kathryn at Million Dollar Journey suggests that we write it all down—what we eat and what we buy.

When you write down what you spend and what you eat, it’s easier to see when and where over-spending and over-eating occur. It also provides accountability when you know later that you’re going to have to write it all down.

She says she uses the free web service Wesabe to keep track of her spending. I poked around their site and it looks like a great tool.

wesabe-copy

Wesabe combines easy-to-use budgeting tools with a thriving community of smart, supportive people, anonymously sharing ideas and advice with each other to help everyone get more value for their money.

According to ArsTechnica, Wesabe members can automatically import transactions from over 6,000 banks and credit cards (loans and investments are not yet trackable), though users can also manually upload a handful of financial industry file types such as OFX and QIF.

{ 2 comments… read them below or add one }

Lina June 18, 2009 at 2:54 pm

I personally prefer Mint.com over Wesabe..

Kathryn June 30, 2009 at 11:49 am

Thanks for the mention.

I agree with Lina that mint.com is better rated than wesabe but for Canadians, Mint.com is not yet available and wesabe is the best we’ve got.

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