That means you don't need to download software, and you can manage your finances from any web browser. In the good old days, you could only work with a program installed on your computer (like Quicken or MS Money), but now you can keep everything portable.
Is this a good idea, and where do you go if you like the idea? If the concept intrigues you, you might listen to a segment from last week's Marketplace Money podcast. Tess Vigeland talks with CNET's Brian Cooley about evolution in the online money management space. One of the most interesting things I heard is Cooley's comment about how secure these sites are. They're pretty secure, but he notes:
"We haven't seen the mother of all breaches of them yet and let's face it, that's where industries tend to learn how to do things better."Let's hope it never happens.
How do you manage your finances? Online, on your computer, or not at all? Tell us how and why in the comments below.
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