More on Moneystrands. It really is an excellent site for a student. You need to play around a bit with it to understand it but that effort goes a long way.
The customer service is excellent. I had a few problems and thus I emailed late in the afternoon. By the next morning I had a response. 5 stars for this!
My main problem was getting my balances to adjust. You have to realise that the settings is on US dollars, not Aussie and so you need to go to the settings section to change it.
The other problem is putting your transactions into the right categories. This needs to be done manually sometimes as the computer doesn't correctly identify where you spent your money.
After you do that you can look at the analysis page that creates pie charts to show you how you have spent your money over different periods.
You can also create a budget and during the month it tracks how much you have spent against how much you have budgeted.
Overall, this is an excellent site for a student to track his or her money in a simple, easy manner!! Very impressed!
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Thanks for the kind write up Sabina! Glad you like the site and we're always open to feedback if you have any suggestions. I wanted to also let you know that you can set "rules" in order to tell the system how to categorize, tag or name a certain type of transaction. This way you don't have to do it manually all the time. More info about this feature can be found in this blog post- https://money.strands.com/blog/2009/11/new-advanced-features-give-you-absolute-control-analyzing-your-cash-flow
ReplyDeleteBest,
Lucia @ moneyStrands