moneyStrands: Money Management Made Fun and Easy

There has been plenty of buzz around for some time now about this finance and budgeting site and it’s easy to see why. If you want to cover every possible base and then some more this is the place for you.

The basic system is free and can be set up quickly and easily. It also boasts the ability to import and categorize banking activity from thousands of banks automatically. This feature allows the system to quickly show you an overview of where your money goes and is a great way to start setting up a budget plan with goals and limits based on historical transactions and future intentions.

Manual account entry is of course an option with CSV, OFX or QFX files easily uploaded

The application will make the whole experience of financial planning easier and therefore something you’re more likely to stick to. With all of your account balances listed side by side and automatic alerts telling you when budget goals are being exceeded you can get on with your life.

Budget alerts aren’t the only thing MoneyStrands can remind you about. The Bills Calendar function lets you plot all outstanding ones on a calendar and set reminder alerts. Upon payment the account is automatically reconciled.

It’s always useful to know how people in a similar situation to you are coping and you can get an idea on this site. It can also show you which lucky shops and service providers are getting the bulk of your cash and plot your spending trends over the months.

With the added ability to support 44 world currencies and to accept non US banks into the mix this application has as much or as little in terms of personal financial planning clout as you want to use.

Conclusion
A personal finance app with a comprehensive list of functions that should get you on the path to much better cash management.