Innovation in the 21st
- For Your Credit Score: A new tool from CreditKarma.com now makes it very easy to monitor your credit in real time. Many similar services are offered by corporations such as Equifax and Experian at a high price. This service however is free through CreditKarma.com. With this service you will be notified of any significant changes to your credit. You still are responsible for taking the action to dispute your credit file if the need arises.
- Banking without the Headache: If you are tired of the hassle and high cost of banking with a traditional brick and mortar bank, perhaps it is time to consider the online banking option. Not only do you forego the ridiculous fees that are typical of traditional banks, but you also receive the ease and convenience of doing your banking from the comfort of your home. Simple is an example of one of these banks. As is always the case, do you research before placing your money in someone else’s hands.
- Quick and Easy Bill Pay: Long over are the days of paper bills and fees from forgetting to pay your water bill. If you find yourself with a handful of bills and can’t seem to keep them all in order, perhaps you should try Manilla.com. This is a free tool that acts as a personal assistant by collecting and organizing your bills into one simple place. You can even set up digital reminders that allow you to be reminded via email or text when a bill is due. Not only that but you can give the environment a break by eliminating the paper waste associated with mailed bills.
- Simplifying Expense Reports: If you find yourself on the road frequently for a business, there is a great app that tracks your expenses. This tool allows for the import of expenses from your bank and credit card statements. No longer do you need to keep track of receipts either. The app allows you to capture an image of your receipt and save it to your digital expense report. Expensify offers a premium account that offers even more handy tools for simplifying your travels.
By incorporating even a few of these tools into your lives, you can begin to benefit from the advancements in technology. Before buying into any product or turning over sensitive information, make sure that your information is protected and that you are knowledgeable of any terms and conditions.