Thursday, October 13, 2011
Thing 6
Of the nominees, www.mint.com was an exceptional web 2.0 tool. Being the wife of a banker, saving money is always a topic of discussion. Also, as a teacher, it is important that we do as much as we can with what we get (It's no secret that we are NOT in this for the money). A user of mint.com should not fret from handing over all their financial information. After a lengthy setup (about 1 hour), one will see his or her financial outlook and status clearly. I love the spending graphs; sometimes the graphs display the cold hard truth, "Megan, you are $200 over your clothing budget this month!'. Ouch! This is an invaluable tool for anyone on a budget! There are so many features, I could write about this hours. It is definitely worth exploring.
As for an educational spin: Yes, it can be used effectively in a personal finance class. It can even help some students find great student loans and interest rates. Having a firm grip on one's finances is important for student and teacher alike.
http://news.cnet.com/8301-13546_109-10237665-29.html?tag=mncol
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