You do not need internet to use trackspends.com for tracking your expenses...

Now you do not have to have internet connection to use trackspends.com tool for tracking your expenses. Or come online to trackspends.com for expense tracking. All your expense tracking can be done completely on mobile here's how :

1. Registration on Mobile - For registration in trackspends.com send SMS "track" to our number 09901100022 . We will auto-register you and send you your username/password in SMS back to your number. Registration is Free.


2. Tracking on Mobile - Once you have registered with your mobile, keep sending SMS for any expenses to our number  09901100022 . For example "100 rs in lunch, 300rs in t-shirt" and we will track it in your account.Also now you can use mobile application - http://www.trackspends.com/blog/mobile-app-for-sending-expenses-do-not-need-gprs-connection/


3. Getting your expenses on Mobile - Every week we will update your expenses in SMS For example: "Weekly Report from Trackspends:- This Week-Expenses: 3041,July-Expenses:30400.SMS to 09901100022 for any expenses." As below:

So all you have to do is register and start tracking from your mobile . Keep tracking you expenses from anytime, anywhere , any place for free.

Note: Our Service is Free, User has to incur the usual Mobile number to Mobile number SMS costs based on his/her Service Provider and Mobile Plan.There may be some delay in your SMS message being updated in site based on SMS Gateway and Service Provider.

Mobile App for sending expenses DO NOT need GPRS connection .....

We have launched Mobile SMS application to simplify sending expenses from Mobile. All you have to do is open the application in mobile, type in your expenses and send it. Does NOT require GPRS connection on your mobile phone. For those who find SMS is too difficult can now start using this mobile application for tracking their expenses. It works in all the basic mobiles as well.

You can download it from : http://www.trackspends.com/m/ts.jad Or http://bit.ly/8Z469h

For first installation you have to download it to your PC/laptop, connect to your mobile to install the application. Or enable GPRS connection ONLY for first installation.

How to modify a category and add more keywords to it....

To modify an existing category and add keywords to it, please follow these steps:

1. Click on existing category that you want to modify:

2. Add new keyword to the category and click on "Add keyword" to add: (PLEASE NOTE: Sometimes it takes time for page to load so please wait for the page to load completely, till you see the below screen)



3. Added keyword will appear in the list of keywords as in the screen below:



For adding more keywords do the same as above and it will be updated in the list.

5. For removing any keywords from the category click on "remove" button for that keyword, as shown below:



Final list after adding "antibiotic" keyword and removing "dental" keyword is:



6. To save the category with this list, click on "Save Category" button:


Follow the same steps for adding new category and new list of keywords to the category.

Weekly SMS Summary Reports & Alerts

Weekly SMS summary reports & Alerts

• At the end of each week, Trackspends sends out a summary report by SMS that gives you a summary of expense amount, total expenses and the income amount in your account.


• The format of the daily summary report looks like this
  
  Weekly Report from Trackspends
  Expenses-Today: 700.00
  Expenses-Month: 7600.00
  Income Amount: 13000.00


• We are also coming soon with an alert system.

How to get started with Trackspends for managing group expenses?

Step#1: Get registered to Trackspends account - Free

• Visit www.trackspends.com and register for a FREE web account. You can also register free for the Web account by sending an SMS directly from your mobile number to +91-99011-00022 with the text "track".


• Trackspends sends you an account username and password to your mobile number - that is used for registration.


• Login to your Trackspends account. For tracking group expenses please read below.

You are now ready to start using the mobile edition of Trackspends.

Step#2: Add additional members to an account

• Once you have an account, you can add members with their mobile numbers to that account.


• Using SMS, simply send ADD <mobile number> to the Trackspends number: 91-99011-00022. Trackspends automatically adds the new mobile number as a member of that account. The added member can now send SMS and track expenses in your account and hence can track both the members account.

Step#4: Viewing the expenses member wise

• You can view the expenses member/mobile wise by selecting the member name in drop down list "Filter By Mobile" after login.

So now group of friends and family members can track their expenses together and later on use Trackspends for separating the transactions and doing hisaab (Managing group finances).

Trackspends rated as best tool for tracking expenses on go....

Here is the excerpt:

Trackspends.com: Back from a holiday you realize you have exceeded your budget. Since you were carrying some cash along, a sudden panic gripped you--did you really overspent or lost the money somewhere? But if you are registered with Trackspends.com, you won't have to go through such conflicting emotions. You would know exactly how much you spent, where and on what.

While on the trip, just an SMS on how much your dinner or the souvenir cost you would do the job for you. Once you are back, log on and find each detail sorted out.

Feed in your cellphone number on the website, which provides its own number where you can SMS. You have the option of registering more than one number. You can even update the details by logging in on the site.

To sort out your expenses, you can create categories, such as food and shopping, and can modify them as and when you need to do so.

The registration process is easy and the website is user-friendly. Also, the service comes free of cost. The process is safe and you need not divulge your personal details, such as bank account or credit card number.

Overall the experience can be termed satisfactory.

URL: http://mintmoney.livemint.com/featured/2010/06/money-life-in-mess-trust-technology/

http://mintmoney.livemint.com/featured/2010/06/money-life-in-mess-trust-technology/

We are not alone if we fail managing our personal finance....

We are not alone if we fail managing our personal finances, even the experts or finance gurus are like that

Excerpt from Standford Business Magazine: "The Los Angeles Times recently reported that several Nobel laureates in economics admit to having trouble managing their own money. One might think that a Stanford MBA—and certainly a Nobel Prize-winning economist—would be well versed in all the different strategies likely to build wealth, but most people who are busy raising families and advancing their careers simply don’t have time to fine-tune their own personal investment or finance plans. Add to that the common sentiment that anyone with an MBA should be able to manage his or her own retirement account, and you get a group of people who are afraid to ask for help. “Not everyone who gets an MBA is an investment guru,” Wilson notes. “But with the MBA comes this psychological feeling that you should be able to do it yourself.”"

So don't be too worried if you still haven't started or failing, its Never too late.