Tracking your spending is the best way to learn your money leaks and begin the path of budgeting, which will hopefully make you feel more in control of your money. Forget entering every expense in your spiral notebook; all you need to get started is your computer.
Wesabe is a free website that makes it easy to track your finances. It lets you see all of your bank, credit, and savings accounts in one place and has budgeting tools for organizing your spending. Seeing the big picture of your money in one place makes the budgeting process a no-brainer, and having one place to check in takes much less time than figuring out where you stand by looking at each account separately.
Aside from its money-management capabilities, Wesabe is unique in that it has an active community where members hash out financial issues. The site has groups, similar to the ones on TeamSugar, but they are geared toward specific money questions like debt dilemmas and how to be a smarter spender.
Have you ever used an online money management site like Wesabe?