Credit Card Guide
Follow Us  twitter facebook You Tube Google+
Credit Cards > Credit Card News > Credit Card Tips > 3 Cool Credit Card Management Tools


3 Cool Credit Card Management Tools

By Eva Norlyk Smith, Ph.D.
June 17, 2009
email print comment

While Quicken and MS Money have been around for a while, a new breed of personal finance websites are giving them a run for their—well, money. Combining money management tools with social networking, the new Web 2.0 personal finance sites are barely five years old, yet have become an instant favorite of consumers looking to take greater control over their credit cards and general finances.

There are a lot of choices to choose among. Here is an overview of some of the leading personal finance aggregators listed by popularity (i.e., by how much traffic each attracts).

Named the best online personal finance tool by Money Magazine, is one of the largest personal finance sites, with more then one million users. offers online money management and budgeting software tools as well as many other great features. The website aggregates users’ credit card charges and other expenditures, analyzes spending patterns, and suggests alternative providers or savings opportunities for regular expenditures in a separate window. has won accolades for being extremely user-friendly and for its ability to download financial data from a very wide range of credit card and bank accounts without a hitch. According to the website, has helped users identify more than $100 million in potential savings, and it is growing rapidly, attracting more than 3,000 new users each day.

The Boston Globe calls Geezeo “the Weight Watchers of money” management. Like, Geezeo is a free personal finance web-based application created to make cutting-edge financial tools available to everyone—without a high price tag.

Geezeo takes personal finance one big step further, however, by adding a social networking dimension to money management. The idea is that people can advantageously learn from each other by sharing spending and savings tips based on their own experiences. Like, Geezeo lets users add credit cards, checking and savings accounts; users can also track student loans, mortgages, car loans and investment data.

Geezeo has many cool functions, which actually make money management fun. If you set a goal such as paying $1,000 of your credit card debt over the next three months, for example, Geezeo will take you to a group page with a discussion board and a percentage meter that keeps track of your success.

Wesabe is a financial social networking site, particularly recognized for its extensive user forums, which are rated among the best on the Web. The site lets users share their financial information anonymously with other users, enabling fellow users to comment and give advice on how best to save money based on where you shop and how you usually spend your money. The message boards contain lots of detailed and useful information from other users sharing their experiences with topics of interest like weekly expenditures on food, buying a first home, debt management, credit cards, and so on.

The site features some great Web 2.0 features, such as a “Cutback Tool,” which suggests ways to save money by looking through your regular expenses for things you might be able to cut back on. A particularly cool feature is the ability to Twitter cash purchases to your account immediately instead of entering them when you come home.,, and are the largest personal finance/social networking websites, receiving the lion’s share of traffic. Runners-up worth checking out include (sometimes referred to as “Quicken for 20-somethings”),, and

It takes time to set up your account and spending categories, so before deciding on which website to use, invest a little time getting to know each one. Look for the one that has the features most suited to your needs and is the easiest to use. Some sites have a limited list of bank accounts and credit card companies from which they can download information and this can be a serious drawback. Still, all sites are constantly being updated, and this is one area where improvements are likely in the future.




How to cancel your card the right way - There's more to closing a credit card account than just cutting up the card with scissors. If you don't time it correctly, it can affect your score ...

5 things to know about your card's price protection feature - Here's one credit card perk that many of us hardly notice, but once you learn about it, you may wonder how you've ever gotten along without it ...

Surprise card perk: extended warranty - Did your pricey appliance, gadget or phone bust a couple days after the warranty ran out? If you bought it with a credit card, you might be in luck ...



  If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the ‘Post to Facebook’ box selected, your comment will be published to your Facebook profile in addition to the space below.

Our editorial content is not sponsored by any bank or credit card issuer. The comments posted below are not provided, reviewed or approved by any company mentioned in our editorial content. Additionally, any companies mentioned in the content do not assume responsibility to ensure that all posts and/or questions are answered.

Comments Closed


Secure SSL Technology
Secure SSL
Twitter Facebook You Tube Google+
About Us Privacy Policy Editorial Team Terms of Use
Contact Us California Privacy Rights Media Relations Site Map

Close X