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Managing your money efficiently

Believe it or not I am married to an accountant, so money management has been drummed into me since we got married nearly 20 years ago.

Since becoming a mum and living off less money, management of what we have has become so much more important.  Having a clear view of what we have and what we don't have has been key.  In the past I have used a spreadsheet, which is clumsy and also relies on both of us updating the information.

For the last month or so I have been using Money Dashboard to get a true view of our financial accounts from one "money dashboard".

In very basic terms this gives you somewhere to consolidate all your financial information and get a clear, up to date view at any one time.

Even better you can do it on the move with the Money Dashboard App for IOS or for Android.

Is it Safe?

At first supplying all my financial information to Money Dashboard worried me, but they assured me that my money is safe as it is a read-only application, which means it cannot be used for withdrawals, payments or to transfer your funds and they use the same security practices as the world’s leading bands.  They use an extended validation security certificate with 256-bit encryption.

How it works

Money Dashboard is a central hub for managing all our financial information.  It allows you to keep an eye on account balances and keep tab on your spending, even if you are abroad.   It allows you to collate all your online bank accounts (savings, credit cards and current accounts) in a single platform, with one password needed (which is great for my password heavy life)!

How can it help me budget?

By automatically putting your spends in to groups such as household, which can then be subdivided into things like electricity, it gives you the ability to see where you are spending your money and even better than that it gives you charts (as a visual learner I like this) and graphs showing you an overview of your spending, past and present and can even predict your future spending patterns based on this.

How much does it cost?

Nothing, it is a free service and I for one think it is great. 


  1. That sounds really good - and nice that no one is trying to make money out of it. Has a "clean" ring to it IYSWIM! Great review and sounds worth a try!

  2. me , money and efficient never come in the same sentence lol, I think i need to start thinkin about saving more x

  3. Something to definitely check out - we could all probably do with managing our money efficiently!

  4. I've seen this recently, but like you I was a little uncomfortable putting my personal details in. I'll take another look.

  5. Looks like a great idea, not sure I want to know the truth though! x

  6. sounds like a useful website! will check it out

  7. Sounds like a great way to manage finances.

  8. our family is not money tight but we try to control what we buy and how we spend our money

  9. I hadn't heard of this, but could do with having better control of our finances. Sounds like a useful site.

  10. I love things like this Jen - anything that helps manage money and doesn't charge is a big yeay x x

  11. Sounds like a very useful app. At the moment I do mine the old fashion way with a pen and paper, my husband is clueless about money so I take charge or else we wouldn't eat!

  12. Oh this looks interesting and I may try it out soon when I get my new phone!

  13. I'll have to have a look at this. I manage our three accounts, mine and two of my husbands and it's sometimes a nightmare making sure the right amount of money is in the right account to cover the bills. I keep thinking about moving them all to one account but it's such a hassle I keep putting it off!


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