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money

Mediocre money management

Anyone creating a piece of personal finance software had better bring his A game; there's an awful lot of competition out there. Unfortunately, MTH My Money just doesn't quite hit the mark. It's definitely not the worst we've seen, but it has some pretty significant drawbacks.

The program's interface is OK, but it could stand to be more intuitive. We had to consult the online Help file in order to get started, and at first we were excited about what we read. Unlike the vast majority of personal finance programs, MTH My Money doesn't … Read more

Microsoft releases 'sunset edition' of Money

Microsoft Money may be headed off into the sunset, but Redmond has one last version to offer those who are still using the personal finance product.

The so-called "sunset edition" of Microsoft Money was released earlier this month. Although it has fewer features--stripping out all of the online capabilities--this new version of Microsoft Money doesn't require activation, meaning that users who need to install it on a new PC or who lose their product code won't be stuck without their data.

"The Microsoft Money Plus Sunset versions are replacements for expired versions of Microsoft Money … Read more

Top sites for saving money on tech

Paying retail price is for people with poor impulse control. If you can delay your gratification for the shiny new toy you want and maybe do a little research first, you can almost always get what you're looking for at a price much lower than what you see either on store shelves or at the first online retailer you go to.

This should not be news to you, of course. If you're a savvy CNET reader, you're already accustomed to researching before you buy. Perhaps you scour Rick Broida's Cheapskate blog to stay abreast of good tech deals. But when you're looking for a price on a particular item, there are dozens of sites and services that can save you money. You just have to remember to use one of them. Here are my picks.

The necessary reminder InvisibleHand isn't always the best deal-finding site, but I highly recommend installing this browser add-on since it reminds you when there are better deals online than the one you're looking at. Unlike the other sites I recommend, you don't even have to remember to use it.

The InvisibleHand extension stays out of your way (invisible) until it sees a product on a site it's familiar with (like Google or Amazon). Then it pops down a little advice bar telling you if you're looking at the best real-time online price for the product that it knows of, or if there are less expensive offers online elsewhere. Very nice.

It has limitations: it doesn't calculate shipping costs, or taxes, or coupon discounts (yet). But it's still very valuable. Even if you don't use its recommendations, the fact that waves at you when you could be saving money makes it worth the download.

The old standards Nextag has been around for years, and I still use it as my go-to-site for comparison shopping. It pulls data from a healthy selection of sites (including, competitors claim, some gray-market resellers), and calculates price as delivered including tax and shipping. Nextag is far from the only player in this space. Google Products is not a bad solution either. It works like Nextag but with a different selection of sources, so it will sometimes find different prices. Also be sure to check out Microsoft's Bing Shopping, which will show you cash-back offers on some products, which sometimes will save you money over other product search engines.

For commodity products (cables, hard drives, and so on), check out Pricewatch, which gives you an extremely basic but fast and useful list of prices for popular parts from many vendors. Unfortunately it doesn't scan Monoprice, which has the best prices outside of eBay for cables and other tech infrastructure products.

The mobile tools When you see something you like in a real, physical store, stop. Whip out your iPhone and fire up the RedLaser app (99 cents). It's one of several available consumer-goods barcode scanner apps, in my opinion the best. It'll find the item you're looking for and what it's selling for online, as well as try to find it in other brick-and-mortar stores nearby (with mixed results). Bonuses: when you scan a book, it'll find it in a library; when you scan food items, it'll list allergens in it. It's also got the best UPC entry keypad for when the barcode scanner doesn't work, which is often if you're using an iPhone model other than the 3GS.

Also of note for buy-local types: the Milo local search engine, which I covered in last December. It's weeks away from getting its own mobile app and service, company reps told me.

The coupon site The Web is awash in coupon deals on various products. And like the price-checking tools, there are several good sites that will help you find these deals. I currently recommend RetailMeNot. It has a healthy collection of coupon codes from around the Web and a good community of users that rate each code as usable or not.

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Personal finance reporter

Personal finance and investment management software is becoming more powerful and capable yet easier to use than ever. Case in point is Believ's flagship product, Fund Manager Personal, a comprehensive portfolio manager designed to give investors powerful reporting and graphing features that are also easy to learn, understand, and apply. Its customizable financial analysis and reporting tools make it suitable for individual investors and family finances as well as active traders and market professionals.

Fund Manager's clean, elegant, businesslike interface is anchored by a full-featured menu bar, including an excellent Help file as well as controls for the … Read more

PayPal 2.0: Send cash by bumping iPhones

PayPal has come full circle. What started as a PalmPilot app that let users wirelessly exchange money has evolved into an iPhone app that lets users wirelessly exchange money.

However, whereas Palm users relied on IR "beaming" to shoot funds back and forth, iPhone owners can simply "bump" their phones: The new PayPal 2.0 incorporates the same accelerometer-driven activator as the popular Bump app.

In other words, money can change hands just by knocking them together. What's the point of that? Well, say you owe your buddy $35.17--half of last night's bar … Read more

The new Quicken for Mac is almost great

Quicken Essentials offers numerous useful tools to track your finances on the Mac, but it falls short by leaving out some important features found in Windows versions. The interface has been rebuilt from the ground up to make Mac users feel at home by following the design and navigation schemes of other Mac programs like iTunes. All of your accounts, transactions, credit cards, reports, and program tools are easily accessible from the left sidebar (what they call the Source List), showing all the information for each in the main register window. Like iTunes, you can click and drag to expand … Read more

VC investments sink to lowest levels in 12 years

The weak economy of 2009 took its toll on venture capitalists, though the year ended with hints of a recovery in store, says a new MoneyTree report.

VCs spent only $17.7 billion on 2,795 different deals last year, the lowest dollar amount and number of investments since 1997, according to the report released Friday by PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters.

The numbers amounted to a 37 percent drop in dollars and a 30 percent fall in the volume of deals from 2008, marking the second consecutive year of declines. … Read more

Bare-bones personal finance

There are a lot of programs (not to mention Web sites) out there these days that make keeping track of your personal finances practically effortless. If software creators are hoping to compete with these extremely effective and well-designed programs, they'd better go big or go home. We wish that the creators of JaHoCa had gone home.

The very first thing we look for in personal finance software is the capability to import transactions that users have downloaded from their banks. JaHoCa does not offer this feature, and we have trouble imagining why anyone would want to manually enter each … Read more

Obama directs $600 million to health centers

President Obama announced Wednesday that he is directing nearly $600 million in American Recovery and Reinvestment Act awards to repair, rebuild, or altogether replace federally designated community health centers across the country, $88 million of which has been earmarked to help digitize medical records.

"These investments won't just increase efficiency and lower costs," Obama told community health leaders with members of Congress at his side. "They'll improve the quality of care as well, preventing countless medical errors and allowing providers to spend less time with paperwork and more time with patients."

The $508.5 … Read more

The 404 Podcast 474: Where we love Katie Couric almost as much as we love Jill Schlesinger

The holiday season is upon us and we know most of you are struggling to "find the money" to buy gifts for your friends and family, so we make the long trip across the hallway and invite Jill Schlesinger on the show to help us keep our heads above water. Jill is editor at large for CBS MoneyWatch.com and has plenty of experience with financial planning, so listen up!

As you might already know from past episodes featuring The Financial Decoder, Jill isn't the biggest fan of credit card companies, or "legalized drug dealers," as she calls them, but this time she has her scope pointed at the dangers of using a debit card.

Despite proposed laws that would outlaw overdraft fees, Jill suspects we haven't seen the end of hidden fees and actually recommends budgeting this season with presents that won't leave you with an empty bank account. Your dear old mom doesn't really need that Tiffany's necklace or box of Godiva chocolates! Leave that stuff for Mother's Day, and just go out and have fun together--it's free, and it won't drain your bank account.

Jill also drops knowledge on us (in a Bulgarian accent, no less) about how to develop optimistic (and realistic) financial goals for the year instead of frantically scrambling to plan around the holidays. With Valentine's Day coming up, it's too bad Jeff isn't here! Jill tells us the best way to stop the cycle of "hedonic spending" is to play a game she calls "Find the Money."

Have fun and play games while balancing your spending and saving money at the same time?! Be sure to listen to this episode of The 404 Podcast to get the whole story!

EPISODE 474 Subscribe in iTunes audio | Suscribe to iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS VideoRead more