Sunday, August 9, 2009

15 Ways to Stay Financially Afloat

With the recent demise of investment bank Lehmann Brothers and mortgage lenders Fannie Mae and Freddie Mac, Americans are certainly feeling the brunt of the weakened economy. In these trying economic times, it's essential to manage your finances in order to keep up with your mortgage, credit card, and loan payments each month.

So what can you do to protect your home from foreclosure, provide food for your family, and secure your retirement fund? Save your receipts to track spending, cut back on electricity, and think twice before buying that shiny new gadget. To help you along, we've compiled a list of 15 Web sites that offer advice and tools to help with your financial well-being, including money management, stocks and investing, general finance, and smart spending. Here are seven of our favorites:

Mint.com
Rated 4.5 out of 5 stars by PC Magazine, the free Mint.com Web service automatically tracks your monetary life for you. If you feel comfortable with handing over your banking and credit-card account log-ins to the site, you'll be able to see your assets and debts in total for each account

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