On Line Money Management

acg12

Hi all,
I've seen reviews for mint.com which looks like a good online central site to manage your accounts, budgets etc. in lots of different ways. I don't believe that it operates in the UK as yet, but a quick Google reveals similar UK based products such as money dashboard and the like.

These all seem like good ways to help you visualise your spending trends and manage them accordingly. My only concern is that to register with one of these sites I would need to pass on my personal account details to a third party - surely this invalidate any assurance that my bank would give me in relation to fraud protection etc...

Has anyone addressed this issue or have I miss-understood how these management tools work?

SailorSam

It's simple enough to make a spreadsheet of all your income and expenditure i can't see why anyone would trust personal information to someone else.

acg12

SailorSam wrote: »

It's simple enough to make a spreadsheet of all your income and expenditure i can't see why anyone would trust personal information to someone else.

Personally I wouldn't pass on any information unless the bank gave specific permission to do so, hence my question to this forum.