Wesabe Review II
This last week I’ve been using Wesabe much more aggressively. Quicken was nice, but Wesabe is simpler and I think it has its merits. Wesabe has a lot to offer for being so simple. I can track how much I spend in different categories and also evaluate how those categories are accumulating in total expenditures. One cool thing about Wesabe is that it allows me to compare my spending with other anonymous users. I can get tips regarding the different categories and goals (more on goals later) that have been submitted by other users.
Interestingly enough my ‘crap’ tag brought up a report showing that many other people have bought stuff from Amazon.com and labeled it as crap. not crap as in quality but crap as in ’stuff’. Unfortunately I’m using the crap tag to designate purchases of items that are of low quality such as dining out at a bad restaurant. What’s interesting is that I can see that I’ve spent money on items that I don’t want to spend money on again or services that offered low quality so I can be reminded not to go back there again either.
Wesabe can be slow at times due to its architecture, but for the most part the slowness in speed is not overly annoying so I’ll continue using it. Their website indicates some ‘pro’ features will be coming soon and that has my attention. It may be worth paying money per month or year if the added for-money features deliver needed functionality that extends the already nice user interface.
The goals functionality I mentioned earlier is neat because there are publicly shown lists of goals but you can also create your own and then associate various tags to associate with the goals. Because the goals are set by you you can get as granular as you need to. I find that setting a fewer higher level goals, such as save a million dollars, is all I need to do. But, being database driven means that the site can handle pretty much any goal you want or need.
Wesabe can also auto-update many bank accounts over the web if you choose to use that route. It handles file uploads as well for the web sites or credit card companies that don’t share their information openly. Wesabe is simple, clean and offers various security features that make me really enjoy their product. I wish them the best of luck and recommend all readers give them a serious look-see for their own use.
Wesabe gets a seven star Shake it! rating!
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