Keep track of all your finances and accounts with Yodlee
I have collected a mountain of different banking and investing accounts and it was pretty difficult to keep track of all of them. About a month ago I started looking into getting Yodlee Oncenter. Adding accounts is very simple and it makes it easy to stay on top of all your finances. You merely have to browse each category and select the account you have and later it will ask you to input your login and password. It then aggregates all of your accounts together on one page. I had been wary of trying the service for a long time because I was a little uncomfortable with one account having logins and passwords for all my accounts. Well, after sitting down to figure out my networth I gave in. I think I will use a different password than the one I have been using for most accounts, however, as an added precaution.
It has been extremely useful. I am able to look at all my bank accounts, investment accounts, credit cards, reward programs, loans, bills, and even email. It includes the amount in the account, any transactions, and lists the holdings you have in your investment accounts. This is also useful if you have accounts that aren’t compatible with ms money or quicken. The only account that I couldn’t find was tradeking, a fairly new brokerage company, and HTH bank, a rather unknown bank. This is pretty impressive as the number of bank and credit cards I have is in the double digits each.
I recently found out at Savvy Saver that there are many other companies who provide their own version of yodlee. So I decided to test out Fidelity’s Full View. It was pretty much the same although there were a few things that seemed to be missing. I didn’t see a section of alerts or bill reminders, which is especially useful for credit cards. I also couldn’t find chase’s rewards program, choose myrewards. It does seem less cluttered though, and I also like the way they displayed the portfolio section better. Nothing real major though.
I would definately recommend getting it. Ironically, I discovered I could view my Federal Direct student loans at Yodlee before I realized you could view them at Direct Loan Servicing. If you don’t see an account you have, you should probably head over to the yodlee forums, one of which is a forum to request new accounts to be added. I actually feel more comfortable now as I think I will be able to spot any fraudulent transactions faster than I did when my Citibank Debit card was stolen. The price of free is also cheaper than that of MS Money or Quicken. And I don’t even know if both of those services are compatible with all of my accounts.