Personal Finance 4 You» money management http://personalfinance4you.net The #1 Blog-Aggregator About Living Well for Less Tue, 20 Dec 2011 07:29:35 +0000 en hourly 1 http://wordpress.org/?v=3.3 Review: Organize Your Financial Life With The Adaptu Wallet http://personalfinance4you.net/2011/12/review-organize-your-financial-life-with-the-adaptu-wallet/ http://personalfinance4you.net/2011/12/review-organize-your-financial-life-with-the-adaptu-wallet/#comments Thu, 15 Dec 2011 01:44:47 +0000 The Credit Karma Team http://blog.creditkarma.com/?p=21488 adaptu logo

Adaptu, the money management and financial literacy site, just launched an iOS app to help you budget your finances and organize your wallet. The timing’s great, since it’s the spendiest time of the year, and Adaptu makes the bold claim that you’ll never go over budget again. The app is free and cleanly designed. If you’re already a member of the Adaptu community, downloading The Adaptu Wallet is a no brainer. If you’re not yet an Adaptu member, the app makes a compelling argument for joining.]]> Adaptu, the money management and financial literacy site, just launched an iOS app to help you budget your finances and organize your wallet. The timing’s great, since it’s the spendiest time of the year, and Adaptu makes the bold claim that you’ll never go over budget again. The app is free and cleanly designed.

If you’re already a member of the Adaptu community, downloading The Adaptu Wallet is a no brainer. If you’re not yet an Adaptu member, the app makes a compelling argument for joining.

adaptu wallet 1

How it Works

The Adaptu Wallet lets you see all of your bank and credit card accounts at a glance. As a big fan of financial literacy and my iPhone in general, I was excited to see what Adaptu had come up with. One feature I love is the ability to add in accounts manually, in order to account for the gold you have buried in the yard, or the checking account from the bank with no online access.

adaptu wallet 5

Pros

The other big perk is that the app allows me to take pictures of my infrequently-used rewards cards (like a Preferred Falafel Buyer card that gets you 10% off at your favorite falafel stand) so I can bury the cards in my backyard, along with my gold. Now my wallet can finally close again. Success!

One concern I had was the safety of entering in all my financial info into my phone. Adaptu has done a good job of addressing this issue. Every time you log in you have to enter in a PIN code and Adaptu uses TRUSTe and VeriSign for security.

adaptu wallet 3

You can easily track your spending with nifty graphs and adjust spending limits and expected income with the swipe of a finger. It’s stripped-down version of budgeting where you can see if you went over or not. The app can also send alerts to warn you if you’re going over what you can spend for the month.

Cons

The app has a few limitations. I’d recommend inputting all of your account information with an actual keyboard just for convenience’s sake, and the photos I took of my insurance card wouldn’t orient correctly. Also, I would’ve liked a way to adjust the spending limits by inputting a number instead of messing with the slider. But these are quibbles. Adaptu has put together a remarkably powerful and free tool.

Bottom Line

It felt good to know, with one look, where I stood financially for the month.  Adaptu Wallet is a great way to easily take stock of your finances. Download the app from the iTunes stores.

Original article by The Credit Karma Team (c) Credit and Personal Finance Blog | Credit Karma - Read full story here.

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