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The internet is good for one thing information. Providing tools to make that information available and easy to understand is pretty much the best you can do.
by stonemetal 16y ago
The internet is good for one thing information. Providing tools to make that information available and easy to understand is pretty much the best you can do. There are several businesses in the make sense of my bank's information category aping them might be a first step(mint and the like.) Budgeting and getting alerts when certain budget limits are met say a text when 90% of my monthly entertainment budget is gone, or better yet be able to check my entertainment budget balance by web enabled phone so I can decide if I really need that new gizmo.
- sw1205 16y agoThat's a great idea. My housemates all use a notepad and pen to write their weekly/monthly budget out and like you say they seperate that into different categories. Their bank should provide a form for them to write in their budget and then like you say they should then get alerted when they are about to go over their budget. This is partiuclarly the case when someone approaches their overdraft limit. In England if you go past this limit you get charged £38 even if you a few pence past the limit. This has been heavily in the news over here and banks should help customers by alerting them when they get near to that limit.
- ErrantX 16y agoYes, absolutely this. And add in the ability to add various types of payments, track direct debits and other regular payments. I just moved into my own place and keeping track of budget/bills is a nightmare :) it would be excellent to replace my current manual spreadsheet with a more automated online system.