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Money Minute 2: Managing Your Accounts

Since there are many different types of accounts that you can have, it is important not to get them confused. There are many tools for managing and tracking your accounts. Some of these tools are free for personal use, others cost a monthly or one time fee. Occasionally, you might encounter a bank that charges a fee to be used with these management tools.

An example of a free tool that can track many bank accounts and services is Intuit Mint. Mint connects to accounts by using the login info (username and password) of accounts. It works with most Checking, Savings, Investment, Credit Card, Loan and Mortgage accounts. Mint can be used to track recurring bills with services such as phone services, internet service providers, and gas and electricity utilities. You can sign up for Intuit Mint at mint.com.

Coming up: CREDIT

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