I never have been really good at managing my own money, and a lot of times I would find myself having to call my mom to help me out at the end of the month when I realized I did something stupid and I needed her to dig me out. So, now that I’m “on my own”, I’ve been attempting some serious money managing skills. These usually include: keeping my money in a silver can and hiding it from myself, putting my debit card in the freezer to “freeze” my assets, and not eating anything but fast food. So, as you can probably guess, none of those worked very well. So, one thing that has really helped me progress in understanding where I can spend my money and how much I need to safe is Mint. This is an awesome, free money managing site. The best part if that you actually enter in your bank account information and it pulls in your transactions from your cards. This helps in understanding what you are actually spending your money on, how to budget it so you don’t go overboard, and how to end up actually saving money to invest. It’s awesome. You just go in and type what you need to save for bills, rent, gas, groceries, anything, and it makes it a lot easier to find a balance. It’s a little scary to enter in your personal bank information onto a free web site, but they are secure and verified and make it where your banking information is read only. Go try it out, it’s simple to use and really helpful for those of us out there still trying to learn how to take care of ourselves.
Courtesy of Ares
