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Rudder

Just when it seems like the economy couldn’t get any worse, it does. With the way things are right now, it doesn’t matter if you have a lot of money or hardly any at all because we’re all in the same boat and we’re all being affected in some way or another by what’s going on. While the cost of living is increasing, our paychecks are probably staying the same, and in some cases they’re disappearing completely. Therefore, it’s very important that we stay in control of our finances, and Rudder will help us to do that.

Instead of having to keep up with multiple accounts to see how your financial health is doing, Rudder organizes all of your information for you and delivers a daily update through e-mail. You’ll be able to see how your balances are doing, monitor your transactions, find out when your bills are due, and even be assisted with figuring out how much money is left for you to spend after the bills are paid. Mint appears to be the leader in this area, but it’s always nice to have other options.

One Comment

You write:

“With the way things are right now, it doesn’t matter if you have a lot of money or hardly any at all because we’re all in the same boat and we’re all being affected in some way or another by what’s going on.”

Yes we are all affected, but we’re hardly all in the same boat. If you are reasonably well off then you will typically spend only a few % of your income on food needed to keep you alive. If you are poor then you are likely to be spending in excess of 50%. In that case, escalating food prices can mean you no longer have sufficient income to stay alive.

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