I've been using checking account from Bank of America (BOA) for quite a long time. The online banking of BOA is the best I know. And I love the website even better when I started to use the portfolio feature.
In BOA's portfolio, you can manage virtually all of your accounts you have, no matter it is a checking, saving, credit card, or even investment account and mortgage. I added some of my department store card to it. When you added, the system can track all the transactions on theseaccounts, and generate a package of reports. You can analyze your net worth, total asset, total liability, expense, credit card usage and more.
I wasn't very good at managing accounts, and my financial situation was quite messy before. I tried using some financial software such as MS Money, but banks will charge you fees for connecting your accounts to these software. By using this system, I get rid of the need of all the other financial software. Because the BOA portfolio is free of charge.
And with the help of this system, I really enjoy managing money. I check my accounts like a bear everyday. And you can't imaging how satisfying when I see the consistent rising curve in my net worth chart!
So, I highly recommend this system if you have any account in BOA.
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2 comments:
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Hi, interesting post. I have been pondering this issue,so thanks for writing.
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