In tough economic times, a site like Buxfer could become a phenomenon. Upon first glance users may be worried about the security of accessing sensitive banking accounts in one place but Buxfer currently boasts approximately 6 million transactions with full security. What separates Buxfer from other money management applications is that it is not necessarily aimed at businesses – it’s aimed at everyday people looking to manage their finances. Regardless of your financial situation, understanding where your money goes each month is critical and Buxfer aims to help everyday people manage a healthy budget.
The key to budgeting is knowing your habits and taking action on them. Getting this information down in writing and seeing exactly how you’re spending is important, so at its heart, Buxfer is a budget engine. It is also a place where users can see their accounts consolidated into one place – bank accounts, credit cards, investment accounts, etc.
One of the more impressive features of Buxfer is the ability to pay bills through the site as well. Other budgeting websites only allow users to track bills, not pay them. The site is also mobile-friendly, so users can track expenses on the fly – helping people cut down on impulse buying by making real-time spending information available when you need it.
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March 30, 2009
Thanks for the link as an alternative, Henry. We’re always glad to be mentioned in any article talking about how people can take control of their finances, particularly since we’re aimed at giving step-by-step advice on how to improve their financial health. Even if the topic is receiving more coverage these days than it has before, it always was important and it always will be: no advisor is perfect and we can’t help anyone unless they give it a try.
That’s why we’re completely free – we believe help with money can’t ask you to buy it.