Easy Budgeting

A household budget is the most basic tool to use to identify poor spending habits, find out where you overspend and help highlight changes needed to ensure that you don’t spend what you don’t have.  For years, budgeting meant creating charts and tables, categorizing receipts and keeping folders to organize our finances. And although this is still a viable way to keep a household budget, it’s not the only way.

Technology has brought convenience to our lives, and now there are several online personal finance management tools that do most of the work for you – and they’re free.

For example, Mint.com boasts, “It’s your financial life, all in one place.”  In a nut shell, Mint will pull in the information for the accounts you select and allow you to set a budget, track goals and get an overall picture of your financial life.  It’s also secure, using the same 128-bit encryption and physical security that banks use.  This isn’t a program to move money around, but rather one to evaluate and manage what is happening with your finances across multiple accounts.  The highlighted link will take you off the Capitol Federal Savings Bank website. Capitol Federal Savings Bank is not responsible for the contents of the site or any further links from such site. Capitol Federal Savings Bank is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Capitol Federal Savings Bank.

TIP: You are able to include your Capitol Federal accounts at Mint.com, but you will need to be enrolled in True Blue Online® first.  If you are not enrolled in TBO, click here to find out more.  And remember, Mint.com is a “read-only” service.  Transactions and bill payments can only occur through online banking portals, like CapFed’s True Blue Online®The highlighted link will take you off the Capitol Federal Savings Bank website. Capitol Federal Savings Bank is not responsible for the contents of the site or any further links from such site. Capitol Federal Savings Bank is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Capitol Federal Savings Bank.

Other free online PFMs include: Buxfer, MoneyStrands, and ThriveThe highlighted link will take you off the Capitol Federal Savings Bank website. Capitol Federal Savings Bank is not responsible for the contents of the site or any further links from such site. Capitol Federal Savings Bank is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Capitol Federal Savings Bank.

Are you somewhere in between old school and new school?  Check out the Personal Budget Worksheet provided by Microsoft.  (You need Microsoft Excel to download the chart.)  The highlighted link will take you off the Capitol Federal Savings Bank website. Capitol Federal Savings Bank is not responsible for the contents of the site or any further links from such site. Capitol Federal Savings Bank is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement of the linked site by Capitol Federal Savings Bank.

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