Knowledge Can Empower You

ADD and Finances

According Sir Francis Bacon, “knowledge is power.”

A few weeks ago I wrote about a free web based financial tool, Mint.com. It truly is an amazing tool in that it gives you tons of information. Using this tool you can view all of your financial accounts in one location. And they are updated instantaneously when you log into the site! The potential impact of this tool can be seen in the comment below.

changed my life (in that it shows me how i spend badly, not that i actually changed my spending). BUT I DO LOVE IT!

As this comment succinctly illustrates, information can only empower you to the extent that you use it; the reader did not use the information to make any changes. This does not mean that she is wrong in how she used the program or lacks power in Read More

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Do You Have The Highest Rated Personal Financial Tool?

This is the first time I can ever remember being so excited about a  financial tool. Personal finances just is not a subject that gets me really fired up. But when I used mint.com, I was floored by its potential to help people, like my clients with ADD, who struggle to get a  handle on their finances.

Highlights of my experience:

  • All bank, credit card, loan, mortgage and investments accounts are updated daily and visible in one place
  • Using the information from your accounts, the program breaks down your spending by category
  • If you set budget amounts, you can instantly see  if you meeting your budgeting goals
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