Yodlee Review

The name may sound funny, but the Yodlee is one of the biggest tools I have in managing my money. The site will allow you to enter your online banking credentials and download your transactions, showing you were your money is, and where it's going. That in an of itself is great, but what has really helped me is planning ahead. The site will allow you to add future transactions (recurring and one-time) and see how they will affect you. Some of you may be familiar with this concept if you ever used Quicken Online, but since the site shut down and Mint took its place (I'll review Mint separately), Yodlee became the best site for this kind of financial forecasting. Using current bills you can estimate what your future bills will be, and have a better understanding of how much money you actually have available. Before I started using a service like this, I would never know how much money I actually had free, and was constantly over-spending. Now, with the help of this tool I can keep track of all of my accounts in one place and plan for the future.