I have decided that each week I will review some of the sites I visit. The idea came from my past “Spotlight Blog” of the week, and an article I read today.
The article on CNN Money was about some of the best personal finance websites. They discuss sites such a Mint.com, Geezeo.com, Wesabe.com, and Yodlee.com. Yodlee is one of the oldest, and handles much of the online account tools for the popular home finance suites such as Microsoft Money, and Quicken.
According to the authors Joe Light, Ismat Sarah Mangla and Pat Regnier, Yodlee is the frontrunner, followed closely by Mint. I haven’t had the opportunity to visit any of these sites yet, but I plan to.
There are a multitude of personal finance sites out there today, as well as personal blogs that discuss debt reduction and personal strategies for eliminating debt. Two such sites I follow are Blogging away Debt, and Frugal Dad.
Blogging Away Debt is run by Tricia a 30 something wife and mother on a quest to eliminate her family’s debt. She has had in depth posts about her garage sales, here unexpected windfalls as well as honesty about her setbacks. Almost 2000 people receive her daily feed (me included), and her honesty is a large part of her appeal. She frequently has guest bloggers, and replies regularly to her readers and her comments. Starting with over $37,000 in debt we have been able to follow her progress. She is on target to reduce her debt to under $10,000 by the end of May. If you need honest motivation this site is a must visit.
Frugal Dad is another personal finance site by none other that the “Frugal Dad” himself. His site takes a “conservative” approach to personal finances. In addition to his frequent posts he is often posting excellent money making tips and educational information to involve the whole family is resolving debt. He wrote an e-book entitled: “The 7-Day Turnaround: One Week to Change Your Family’s Financial Destiny.” He sells this e-book via his website for only $2.00. I also read his blog daily and am one of his 714 feed recipients. He offers excellent tips on why debt is bad, tips for being frugal, and a straight forward approach to debt.
The third blog I found was through the CNN article, called “Get Rich Slowly”, by JD Roth. He writes with authority on how to get out from under debt, and move forward to find ways to beat the vicious debt cycle. With posts such as “Cheap alternatives to cable television”, “An introduction to square-foot gardening”, and “How to get out of debt” he delivers straight information from his personal experiences.
If you have time I would highly recommend these blogs.
The original CNN article may be found here.
~Another Day
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on Apr 29th, 2008 at 1:16 pm
Another blog I’d add to your daily reading is http://www.thesimpledollar.com Trent was the first real blog I ran across and it was a life changing experience for me. Before I only had a vague idea of frugal living.
I also have been a long time subscriber of bloggingawaydebt for the same reasons you listed.
on Apr 29th, 2008 at 1:41 pm
Thanks for mentioning Frugal Dad, and including it in such fine company. I am a big fan, and long-time subscriber, of the other blogs you mentioned (including the The Simple Dollar). I also like what I see here at Another Day of Life and plan to work through your archives.
on Apr 29th, 2008 at 3:15 pm
Thanks for the feedback. I like to take the time to mention things like these blogs. I will have to check out the simpledollar.com thanks for suggesting it.
on Apr 29th, 2008 at 5:37 pm
Other than the mortgage we have no debt. We have one simple rule if we can’t afford it we don’t buy it.
We have three credit cards , all paid in full every month. They give us free books, toys, and pay on the mortgage.
I will never be rich in money but I am rich in that I have a wonderful family.
on Apr 30th, 2008 at 11:11 am
I can only hope for that kind of security in the future myself. It is our ultimate goal.
Ian