Dear Pranay, Most of the gui-friendly personal financial management services online use Yodlee <http://en.wikipedia.org/wiki/Yodlee> which is an aggregation<http://www.wealthinformatics.com/2010/04/29/reviews_mint_yodlee_wesabe_thrive/>service used globally by likes of Bank of America etc. Mint.com used to use Yodlee till its acquisition by Quicken's Intuit, artha money uses yodlee for backend security etc. If you read stuff like this<http://money.cnn.com/2010/11/16/pf/online_banking_yodlee/index.htm>, it sounds scary, then again we all do use google!
I don't really understand how these security measures work - supposedly noone can access the data in the cloud- it's kind of buffered. I shy away from even using OAuth, Facebook Connect, Clipperz, mobile banking etc This article addresses some of the security concerns http://epaper.timesofindia.com/Repository/ml.asp?Ref=VE9JQkcvMjAxMC8wNS8zMSNBcjAyMDAw&Mode=HTML&Locale=english-skin-custom <http://epaper.timesofindia.com/Repository/ml.asp?Ref=VE9JQkcvMjAxMC8wNS8zMSNBcjAyMDAw&Mode=HTML&Locale=english-skin-custom>You could compare security measures with these links http://www.moneycontrol.com/intuitmoneymanager/security.php http://www.moneydashboard.com/security-faqs http://www.perfios.com/howsecure.html My take: Perfios offers most features, is free, adequate security with encryption. Either that or Intuit India's 1 buck a day offering would be best bet. Desktop software poses double risk. With single-user, risk-averse browsing, genuine OS, subscribed anti-virus like latest Kaspersky, I MIGHT take the plunge. Otherwise I don't use even netbanking! So my accounts are never realtime, only approximate records. Btw, Nvest software contact details are here http://www.pravingandhi.com/Contact.htm Vaishnavi > > Message: 7 > Date: Mon, 14 Feb 2011 00:20:44 +0530 > From: "Pranay Gadodia" <go4pran...@yahoo.co.in> > To: <accessindia@accessindia.org.in> > Subject: Re: [AI] Personal finance manager > Message-ID: <37A2AEFF3D264B9987A40E4EDA9E1219@Pranay> > Content-Type: text/plain; charset="iso-8859-1" > > Hi Vaishnavi, > Thanks for sharing the tools. I went through the blogs giving the > comparisons, visited artha money website, and checked the excel template. > > Can you, or anybody else as well, comment on the credibility of the online > tools you suggested for documenting all our finances & investments? > > They also allow you to see all your bank accounts in one place, that means > we submit our internet banking password (though not the transaction > password). Good service, but can one be sure about the safety. > > The excel template 'Kharcha Pani' is good simple tool to document and track > one's income, expenses, savings & loans. Its not for > investment/insurance/reminders. > > Thanks and regards, > > Pranay. > ----- Original Message ----- > From: "Vaishnavi Jayakumar" <jayakumar.vaishn...@gmail.com> > To: <accessindia@accessindia.org.in> > Sent: Sunday, February 13, 2011 11:07 AM > Subject: Re: [AI] Personal finance manager > > > Dear Pranay, > > Online services abound: Buxfer.com , Perfios.com, trackeverycoin.com, > Excel > template called Kharcha Pani <http://indiankharchapani.blogspot.com/> is > also available, so are desktop tools. > > I use buxfer (because it's multi-user at a a stretch) but have been wanting > to try out Artha Money > > http://technofriends.in/2009/12/03/arthamoney-is-indias-first-money-manager-portal-like-mint/ > > I prefer online and free myself ;-) > > Some of the SaaS have Indian bank account integration and are mobile > friendly too. > Check out some of the comparison reviews below... > http://www.ranjanblog.com/2008/11/personal-finance-tracker-software.html > > http://nillalinnijam.blogspot.com/2010/11/expense-tracking-and-budgeting-tips.html > > Don't know how accessible these are. > > Vaishnavi > ---------------------------------------------------------------------- > > Message: 1 > > Date: Sat, 12 Feb 2011 23:29:39 +0530 > > From: "Pranay Gadodia" <go4pran...@yahoo.co.in> > > To: <accessindia@accessindia.org.in> > > Subject: [AI] Personal finance manager > > Message-ID: <A8E29270C4724AC8AD95AF1614B2BB14@Pranay> > > Content-Type: text/plain; charset="iso-8859-1" > > Hi all, > > Wondering if any software or excel template/add-in is available to > systematically record all personal finance matters and also create > reminders > for related important dates. > > Or is such a facility available online somewhere in the Indian context. > > Around a decade ago, I remember seeing a demo / free software called NVest > in a CD which came free along with an I T magazine. It also handled income > tax matters as per the law in India. In the last couple of years when I > have > tried searching for it online, could never find it. > > Any suggestions?? > thanks and regards, > Pranay. > Get numbers right this time, help the census with correct disability info! > > End of AccessIndia Digest, Vol 56, Issue 164 > ******************************************** > Get numbers right this time, help the census with correct disability info!
